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$422,500 Just Listed
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Property Description
One or more photo(s) has been virtually staged. Welcome to 12042 Lake Allen Drive in the heart of Largo, a spacious end-unit townhome offering beautiful lake views, thoughtful updates, and a rare combination of comfort and convenience. This three-bedroom, three full bath residence features a private elevator and a two-car garage, providing both accessibility and ease of living. The main level welcomes you with an open concept design ideal for everyday living and entertaining. The kitchen is appointed with sleek stainless-steel appliances, granite countertops, and a convenient breakfast bar, all flowing seamlessly into the bright and inviting living area. A separate dining space sits just off the kitchen, perfect for gatherings. From the family room, step out onto the screened-in patio and enjoy peaceful, scenic views of 32-acre Lake Allen. A full bathroom on the first floor adds flexibility for guests. Upstairs, the spacious primary suite offers a private retreat complete with a large walk-in closet, dual sinks, a jetted garden tub, and a separate shower. Sliding doors lead to a private balcony where you can unwind and take in stunning evening sunsets over the lake. Two additional bedrooms and another full bath complete the upper level. The home also includes an inside laundry closet, ample storage throughout, and hurricane shutters on all sliders for added peace of mind. Recent updates include new carpet, new roof in 2024, water heater replaced in 2022, and HVAC system installed in 2014. Enjoy fishing, canoeing, or kayaking right outside your door on the 32-acre lake. With a low monthly HOA fee, pet-friendly policy, and a location not in a flood zone, this home offers both value and security. Location is everything. This prime Largo address places you approximately 7 miles from St. Pete-Clearwater International Airport and about 20 miles from Tampa International Airport, making travel convenient whether for business or pleasure. You are also just minutes from shopping, dining, beautiful Gulf beaches, and local parks, perfectly blending suburban serenity with easy access to Florida's coastal lifestyle. Don't miss the opportunity to make this exceptional lakefront property your own.
Full Property Details
Full Property Details for 12042 Lake Allen Dr
General
- Price: $422,500
- HOA FEE: $125/month
- Taxes: $6,944 (2025)
- Status: Active
- Type: Townhouse
- Source: MidFloridaRegionalMLS
- MLS ID: TB8480988
- Updated: 2/27/2026
- Added to Site: 1 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 6
- Interior Features: Elevator, Living Room/Dining Room Combo, Walk-In Closet(s)
- Appliances: Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Carpet, Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Closet, Washer Hookup
Exterior
- Exterior Features: Balcony, Sliding Doors
- Deck/Patio: Enclosed, Rear Porch
- Porch/Patio/Deck: Enclosed, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway, Garage Door Opener
Location
- Area: 33773 - Largo
- County: Pinellas
- Development Name: 33773 - Largo
- Subdivision: SOMERSET LAKES
- Driving Directions: Head south on Seminole Blvd toward 21st Ave SE Use the left 2 lanes to turn left onto FL-688 E Turn right onto Starkey RdTurn left onto Somerset Dr Turn right onto Lake Allen Dr
- Direction Faces: East
School Information
- Elementary School: Walsingham Elementary-PN
- Middle School: Osceola Middle-PN
- High School: Pinellas Park High-PN
Community
- Community Name: 33773 - Largo
- Community Features: Lake, Deed Restrictions, Pool
- Association: Yes
- Assoc. Name: Gates Landing HOA
- Assoc. Fees Include: Common Area Taxes, Community Pool, Maintenance Grounds, Manager, Pool Maintenance
- Number of Pets: 2
- Pet Restrictions: Check with HOA for pet restrictions
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water District: LAKE ALLEN
- Water: Public
- Utility Description: Electricity Connected, Public, Sewer Connected
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Exterior Const.: Block, Stucco, Wood Frame
- Roof: Shingle
- Common Walls: Corner Unit
- Stories/Levels: Two
- Square Feet: 2,051
- Sq. Ft. Source: Public Records
- Year Built: 2001
Lot Features
- Property View: Water
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,034
- Lot Size: 9034
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Front Name: LAKE ALLEN
- Water Front Desc.: Lake, Lake Front
Financial Considerations
- Association Fee: $125
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $6,944
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SOMERSET LAKES UNIT 5, PHASE 5A LOT 17
- Flood Zone Info: X
- APN: 123015839210000170
- Property ID: 123015839210000170
Listed by Exp Realty Llc
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Schools
Schools serving 12042 Lake Allen Dr
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Walsingham Elementary School 9099 Walsingham Road, Largo, FL 33773 | PK-5 | 0.9 mi |
Osceola Middle School, Seminole, FL 9301 98th Street North, Seminole, FL 33777 | 6-8 | 2.3 mi |
Pinellas Park High School 6305 118th Avenue North, Largo, FL 33773 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12042 Lake Allen Dr
Date
Details
Price
Change
Source
2/26/2026
Listed
$422,500
0.67%
MLS
6/30/2022
Sold
$419,700
—
Public Record
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
Tax History for 12042 Lake Allen Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,944
-2%
$360,108
-5%
2024
$7,068
9%
$379,573
12%
2023
$6,503
71%
$338,400
46%
2021
$3,808
—
$231,563
-3%
2022
$3,820
—
$238,510
4%
2021
$3,808
3%
$228,366
2%
2019
$3,680
1%
$223,232
2%
2018
$3,626
99%
$219,070
70%
2017
$1,819
1%
$129,212
2%
2016
$1,795
-2%
$126,554
1%
2015
$1,829
1%
$125,674
1%
2014
$1,816
1%
$124,677
2%
2013
$1,798
—
$122,834
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12042 Lake Allen Dr
12042 Lake Allen Drive, Largo, FL 33773 (MLS# TB8480988) is a Townhouse property with 3 bedrooms and 3 full bathrooms. 12042 Lake Allen Drive is currently listed for $422,500 and was received on February 26, 2026. Want to learn more about 12042 Lake Allen Drive? Do you have questions about finding other Townhouse real estate for sale in Largo? You can browse all Largo real estate or contact a Coldwell Banker agent to request more information.

