5040 Lorraine Rd, Bradenton, FL 34211 is For Sale
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5040 Lorraine Rd Bradenton, FL 34211

5 beds5 baths4,559 sqft

For Sale
$945,000
Zestimate®: $941,059
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My Notes

Edit
2 separate and unique homes on one 7.2+ acre estate. This property is very private, yet in the heart of Lakewood Ranch. Entering the estate on an oak tree lined drive you past the front 2 acre pasture and follow the circular drive way to the main house. Remodeled in 2005, the western style main house of 3,374 square feet under air has 4 bedrooms, 3 baths. This home is perfect for a family as it also includes an office, walk in pantry, a huge great room that is open to a gourmet kitchen with a copper hooded island, breakfast nook, separate dinning room and formal living room. There is a 2 car garage and a separate workshop. Master suite is spacious with sitting area and french doors out to fenced pool area. Master bath enjoys an extra large Jacuzzi tub, natural stone walk in dual head shower, a walk in closet completes this oasis. Both sides of the beautiful home have large covered porches, one over looking the front pasture, the back view the in ground pool area to the pond.The second house is tucked back on the property in its own secluded 2 acre oak grove. This home is a perfect in-laws place or rental property that has 1,726 square feet of living space (county records only have the down stairs). It has screened porches on two sides further expanding the living area. This 2 story home has a large master bedroom, office and a loft area. Open and inviting great room with eating area is connected to the kitchen. This house it has one car attached garage. This property can be split after a rezoning fee.  More Less 

Facts

  • Lot: 7.21 acres
  • Single Family
  • Built in 1986
  • 79 days on Zillow
  • Cooling: Central
  • Price/sqft: $207

Features

  • Attic
  • Ceiling Fan
  • Deck
  • Flooring: Carpet, Tile
  • Mother-in-Law
  • Parking: Garage - Attached, 2 spaces
  • Patio
  • Pond
  • Pool
  • Porch
  • View: Park, Water

Appliances Included

  • Dishwasher
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator

Construction

  • Exterior material: Other, Stucco
  • Roof type: Other
  • Room count: 9
  • Structure type: Other

Other

  • Floor size: 4,559 sqft
  • Heating: Electric
  • Zillow Home ID: 2116003354

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$941,059
-$21,171 Last 30 days
$875K
$1.01M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$3,279/mo
-$86 Last 30 days
$1.7K
$5.2K
Zestimate range
Zestimate forecast
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One year
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Popularity on Zillow

951 views since listing
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Neighborhood

Market guide

Zillow predicts 34211 home values will fall 0.2% next year, compared to a 1.9% increase for Bradenton as a whole. Among 34211 homes, this home is 177.9% more expensive than the midpoint (median) home, and is priced 21.1% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 34211 market, the number of foreclosures waiting to be sold fell 12.9% in the last year. The number of unsold foreclosures is 58.4% lower than in Bradenton, and 6% higher than the national average. This lower local number could help 34211 home values rise more quickly than other regions in Bradenton.

Learn more about forecast calculations or 34211 home values.
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    Nearby Schools in Bradenton

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    Data by GreatSchools.org

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