5132 Coral Reef Way
Don't miss this exceptional four-bedroom, three-bathroom pool home located within the highly sought-after Lorraine Lakes community in Lakewood Ranch. Offering the perfect blend of luxury living and investment potential, this property presents a rare opportunity to own a beautifully appointed home with immediate rental income already in place. The thoughtfully designed floor plan features spacious open-concept living areas, abundant natural light, and a seamless flow between the living room, dining area, and gourmet kitchen. Complete with modern finishes, ample cabinetry, and a large center island, the kitchen serves as the heart of the home and is ideal for both everyday living and entertaining. The split-bedroom layout provides privacy and functionality, while the spacious primary suite offers a relaxing retreat with an en-suite bathroom and generous walk-in closet. Three additional bedrooms and two full guest bathrooms provide ample space for family, guests, or tenants. Step outside to your private backyard oasis, where a sparkling screened pool overlooks peaceful lake views. Whether enjoying a morning coffee on the lanai or unwinding after a long day, the outdoor living space captures the very best of the Florida lifestyle. Located within the gated, resort-style community of Lorraine Lakes, residents enjoy access to an impressive array of amenities, including a clubhouse, resort pool, fitness center, tennis courts, pickleball courts, walking trails, and more. Conveniently situated near shopping, dining, top-rated schools, medical facilities, golf courses, and the Gulf Coast's beautiful beaches, this location continues to attract homeowners and tenants alike. The property is currently tenant occupied through March 2027, providing immediate rental income and a turnkey investment opportunity in one of the nation's top-selling master-planned communities. Whether you're looking to expand your investment portfolio, or secure a future primary residence while generating income in the meantime, this home offers both strong rental appeal and long-term value. Don't miss your opportunity to own this stunning lakefront pool home in one of Lakewood Ranch's premier communities.
Listing Information
Facts & Features
Location
Community Information
Architecture
Features & Amenities
Property Features
Square Footage
Tax & Financial Information
Schools
Freedom Elementary School
Assigned school for this home
Dr Mona Jain Middle School
Assigned school for this home
Lakewood Ranch High School
Assigned school for this home
Imagine Charter At Lakewood Ranch
Gilbert W McNeal Elementary School
Robert Willis Elementary School
Braden River Elementary School
B.D. Gullett Elementary School
School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.
Historical Data
Price History
| Date | Event | Price |
|---|---|---|
| 08/25/2026 | Price change | $675,000 |
| 06/11/2026 | Listed for sale | $725,000 |
Listed by Colbey Amspaugh · COLBEY AMSPAUGH LICENSED REAL ESTATE BROKER · 9415452791
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.
Last Updated: August 25, 2026 at 2:12 PM | Source: Stellar MLS | MLS#: A4696856

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