Water Views
Address
2948 Penelope Loop, KISSIMMEE, FL
Price
$ 730,000
Property Attributes
- MLS#O6446489
- TypeSingle Family
- Listing Status Pending
- CountyOsceola
- CityKISSIMMEE
- AreaKissimmee (West of Town)
- NeighborhoodCOVE AT STOREY LAKE 4
- Zip34746
- StyleOther
- Year Built2022
- Taxes$ 12678
- Price$ 730,000
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3760
- Lot Size0.13 Acres
Data Source:
Stellar MLS
Property Description
Save Big: 1% lender credit (based on loan amount) toward closing costs or rate buy-down with seller’s preferred lender. Ask for details! | FULLY FURNISHED INVESTMENT OPPORTUNITY IN THE COVE AT STOREY LAKE! This spacious 6 bedroom, 6 bathroom pool home sleeps 16 people and 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 which functions as a bedroom sleeping up to four 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.
| Price History | |
|---|---|
| 10/2/2026 | Listed $730,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Utilities | Cable Connected,Electricity Connected,Public,Sewer Connected,Street Lights,Underground Utilities,Water Connected |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Appliances | Dishwasher,Dryer,Electric Water Heater,Microwave,Refrigerator,Washer |
| Zoning | RES |
| HOA Fee | 304.25 |
| Association Fee Includes | Common Area Taxes,Community Pool,Recreational Facilities |
| Patio/Porch Features | Covered,Patio,Rear Porch,Screened |
| Architectural Style | Other |
| Pool Features | Child Safety Fence,In Ground,Screen Enclosure |
| Security Features | Gated Community |
| Construction Materials | Block,Stucco |
| Pets Allowed | Yes |
| Year Built | 2022 |
| View | Trees/Woods |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Community Features | Clubhouse,Community Mailbox,Deed Restrictions,Fitness Center,Gated Community - Guard,Irrigation-Reclaimed Water,Park,Playground,Pool,Restaurant,Sidewalks |
| Assoc Fee Paid Per | Monthly |
| County | Osceola |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Clubhouse,Fence Restrictions,Fitness Center,Gated,Park,Playground,Pool,Recreation Facilities,Trail(s) |
| Attached Garage | false |
| Subdivision Name | COVE AT STOREY LAKE 4 |
| Facing Direction | Southeast |
| Garage Y/N | false |
| Total Rooms | 13 |
| Full Baths | 6 |
| Status | Pending |
| Directions | From I-4, take Exit 68 and head south on FL-535 for about 3.5 miles. Turn left onto N Poinciana Blvd, then right onto Storey Lake Blvd |
| City | KISSIMMEE |
| Association Name | The Icon Management / Sheila Nohar |
| Senior Community Y/N | false |
| MLS Area | 34746 - Kissimmee (West of Town) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5663 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional,VA Loan |
| Spa Features | In Ground |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 12678 |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | true |
| Virtual Tour | https://my.matterport.com/show/?m=FFS7nRqb1c6&mls=1 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Occupancy Type | Tenant |
| TaxOtherAnnualAssessmentAmount | 2281 |
| Tax Lot | 336 |
| Virtual Tour | https://my.matterport.com/show/?m=FFS7nRqb1c6&mls=1 |
| Legal Description | COVE AT STOREY LAKE 4 PB 30 PGS 18-35 LOT 336 |
| Water View | Canal |
| Minimum Lease | No Minimum |
| Water Access Y/N | false |
| Monthly HOA Amount | 304.25 |
| Additional Rooms | Bonus Room,Inside Utility,Loft,Media Room |
| Water View Y/N | true |
| Flood Zone Code | AE |
| In Law Suite YN | false |
Interior Features
| Interior Amenities | Ceiling Fan(s),Eating Space In Kitchen,Kitchen/Family Room Combo,Open Floorplan,PrimaryBedroom Upstairs,Stone Counters,Thermostat,Window Treatments |
|---|---|
| Flooring | Carpet,Tile |
| Furnished Y/N | Furnished |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Blinds |
| Fireplace Y/N | false |
| Laundry Features | Electric Dryer Hookup,Inside,Laundry Room,Washer Hookup |
| Total Bedrooms | 6 |
| LivingAreaSource | Public Records |
| Total Baths | 6 |
Exterior Features
| Exterior Amenities | Rain Gutters,Sidewalk |
|---|---|
| Vegetation | Mature Landscaping,Trees/Landscaped |
| Parking Features | Ground Level,Guest,Open |
| Lot Features | Conservation Area,Landscaped,Sidewalk |
| Water Source | Public |
| Lot Size Area | 5663 |
| Foundation Details | Slab |
| Spa | true |
| Building Area Total | 4099 |
| Lot Size Acres | 0.13 |
| Road Surface Type | Paved |
| Private Pool | true |
| Waterfront Y/N | false |
| Road Frontage Type | Street Paved |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 34746
Price
Taxes
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on November 3, 2026 3:45 PM UTC
