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2948 PENELOPE LOOP

House For Sale
$730,000

BTC: 8.51609893

ETH: 275.47169811

2 days
6 bds
6 ba
3,760 sqft

Overview

Save Big: 1% lender credit (based on loan amount) toward closing costs or rate buy-down with seller’s preferred lender. Ask for details! | INVESTMENT OPPORTUNITY IN THE COVE AT STOREY LAKE! This spacious 6 bedroom, 6 bathroom pool home offers an exceptional combination of resort-style living and a proven track record as a successful vacation rental. Future bookings are already scheduled and can be transferred to the new owner if the current management company is kept in place. Documentation indicates that over $130,000 in gross rental revenue has been generated in the last 12 months, providing an opportunity for rental income to start from day one. Designed to comfortably accommodate large groups, the home offers an abundance of living and entertaining space. The flexible floor plan features a theater with the addition of a bonus room downstairs and a spacious loft upstairs, providing multiple areas for guests to gather, relax, play, or entertain. Step outside to your own private Florida retreat featuring a paver lanai, screened pool and spa, and peaceful views of the conservation area behind the home. With no immediate rear neighbor, guests can enjoy additional privacy while relaxing poolside after a day at Central Florida's attractions. Located within The Cove at Storey Park, owners and guests enjoy access to an impressive collection of resort style amenities, including community pools, lazy river, hot tub, water slide, splash park, fitness center, basketball and volleyball courts, tiki bar, and more. Mini golf and kayaking are also available for an additional fee. The gated resort community provides 24-hour controlled access and is conveniently located near Walt Disney World, Universal Orlando, shopping, dining, grocery stores, and other Central Florida attractions. This property has a strong vacation rental history, boasting a guest rating of 4.92 out of 5 based on reviews. Whether you are looking for an income-generating vacation rental, a second home close to Orlando's attractions, or a spacious Florida retreat with resort-style amenities, this home offers the ideal combination for today's vacation home buyers.

Location

Details

Type:
Residential
Parking:
Ground Level / Guest / Open
Year Built:
2022
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$194
Cooling:
Central Air
HOA:
$304

Valuation

Our model vs. what's actually selling nearby.
Estimate
$759,900
$599K – $873K
Confidence Low
List vs. estimate
$29K below estimate
List $730,000 · -3.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$194
-3.6% vs. city median $201
Based on
33 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,678
2025
HOA
$304/mo
Common Area Taxes, Community Pool, Recreational Facilities
Pool
Child Safety Fence
View
Trees/Woods
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Water Heater

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Open Floorplan

    • PrimaryBedroom Upstairs

    • Stone Counters

    • Thermostat

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Full bathrooms: 6

  • Parking

    • Ground Level

    • Guest

    • Open

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Rain Gutters / Sidewalk

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 072529517800013360

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Street Lights

    • Underground Utilities

    • Water Connected

  • Other financial information

    • HOA: $304

    • HOA Frequency: Monthly

    • Annual tax amount: $12,678

  • Source details

    • MLS ID: O6446489

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room / Washer Hookup

    • Lot Features: Conservation Area / Landscaped / Sidewalk

    • Patio And Porch Features: Covered / Patio / Rear Porch / Screened

    • Pool Features: Child Safety Fence / In Ground / Screen Enclosure

    • Window Features: Blinds

    • Direction Faces: Southeast

    • Architectural Style: Other

    • Living Area: 3760

    • Water Source: Public

    • Subdivision Name: COVE AT STOREY LAKE 4

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC