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$730,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 6 Full Baths
  • 3,760 Sq. Ft.
  • Updated 2 days ago
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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.

Full Property Details for 2948 Penelope Loop

General

  • Price: $730,000
  • HOA FEE: $304/month
  • Taxes: $12,678 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6446489
  • Updated: 10/2/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 13
  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Kitchen and Family Room Combination, Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Window Treatments
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Furnishings: Furnished
  • Flooring: Carpet, Tile

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup

Additional Information

  • Shared Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities, Trail(s)
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Child Safety Fence, In Ground, Screen Enclosure
  • Spa: Yes
  • Spa Description: In Ground
  • Security/Safety: Gated Community

Exterior

  • Exterior Features: Rain Gutters, Sidewalk
  • Deck/Patio: Covered, Patio, Rear Porch, Screened
  • Porch/Patio/Deck: Covered, Patio, Rear Porch, Screened

Parking

  • Parking Features: Ground Level, Guest, Open

Location

  • Area: 34746 - Kissimmee (West of Town)
  • County: Osceola
  • Development Name: 34746 - Kissimmee (West of Town)
  • Subdivision: COVE AT STOREY LAKE 4
  • Driving 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
  • Direction Faces: Southeast

Community

  • Community Name: 34746 - Kissimmee (West of Town)
  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Irrigation-Reclaimed Water, Park, Playground, Pool, Restaurant, Sidewalks
  • Optional Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities, Trail(s
  • Association: Yes
  • Assoc. Name: The Icon Management / Sheila Nohar
  • Assoc. Fees Include: Common Area Taxes, Community Pool, Recreational Facilities

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected

Structural Information

  • Architectural Info: Other
  • Architectural Style: Other
  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Windows: Blinds
  • Stories/Levels: Two
  • Square Feet: 3,760
  • Sq. Ft. Source: Public Records
  • Year Built: 2022

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,663
  • Lot Size: 5663
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Financial Considerations

  • Association Fee: $304
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Required
  • CDD: Yes
  • Tax Amount: $12,678
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: COVE AT STOREY LAKE 4 PB 30 PGS 18-35 LOT 336
  • Flood Zone Info: AE
  • APN: 72529517800013360
  • Property ID: 72529517800013360
  • Block/Lot/Section: 1

Listed by Exp Realty Llc

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Listing agents

— 2948 Penelope Loop —

  • Exp Realty Llc

  • Exp Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2948 Penelope Loop

School District:Osceola County School District
NameGradesDistance
Flora Ridge Elementary School
2900 Dyer Boulevard, Kissimmee, FL 34741
PK-51.1 mi
Kissimmee Middle School
2410 Dyer Boulevard, Kissimmee, FL 34741
6-81.5 mi
Celebration High School
1809 Celebration Blvd, Celebration, FL 34747
9-127.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2948 Penelope Loop Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/02/2026
Listed
$730,000
-16.33%
MLS
10/27/2022
Sold
$872,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2948 Penelope Loop

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,678
2%
$728,500
2%
2024
$12,486
3%
$714,500
4%
2023
$12,089
313%
$684,400
1421%
2021
$2,929
-2%
$45,000
-10%
2022
$2,976
—
$50,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Exp Realty Llc

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2948 Penelope Loop, Kissimmee, FL 34746 (MLS# O6446489) is a Single Family property with 6 bedrooms and 6 full bathrooms. 2948 Penelope Loop is currently listed for $730,000 and was received on October 02, 2026. Want to learn more about 2948 Penelope Loop? Do you have questions about finding other Single Family real estate for sale in Kissimmee? You can browse all Kissimmee real estate or contact a Coldwell Banker agent to request more information.

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