$289,990
8240 Penwood Drive
Port Richey, FL 34668
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
Motivated Seller--Bring Offers! Welcome home to one of the finest examples of this highly sought-after floor plan. Lovingly maintained and thoughtfully updated, this move-in-ready 2-bedroom, 2-bath home with a 2-car garage offers the perfect combination of comfort, functionality, and long-term value. From the moment you arrive, you'll appreciate the ample parking provided by the oversized dual driveway, accommodating 3 to 4 additional vehicles with ease. Inside, the open-concept floor plan creates an inviting flow between the living, dining, and family spaces, making the home feel bright, spacious, and welcoming. The interior features newer double-pane windows, ceramic tile throughout the main living areas, and laminate flooring in both bedrooms. Both bathrooms showcase attractive tile work, while the primary and secondary bedrooms each offer dual closets, providing exceptional storage rarely found in homes of this size. The spacious family room serves as the heart of the home and is highlighted by a stunning wood-burning fireplace with a gorgeous wood mantel, creating a warm focal point for gatherings with family and friends. One of the home's most impressive features is the massive screened lanai, providing an incredible extension of the living space. Whether you're hosting guests, enjoying a quiet morning coffee, watching the game, or simply relaxing in the Florida breeze, this expansive outdoor retreat is designed to be enjoyed year-round. Step outside to a fully fenced backyard featuring a newer vinyl fence, fresh sod, above-ground irrigation, and a fire pit, creating a private setting for entertaining, pets, gardening, or simply unwinding after a long day. What truly separates this home from the competition is the extensive list of major improvements already completed for the next owner. In today's market, many buyers underestimate the cost of replacing big-ticket systems after closing. Why purchase a dated home with a dead lawn only to face thousands of dollars in deferred maintenance when you can own a home where much of the heavy lifting has already been done? This property features fresh sod, a two-year-old roof, newer HVAC system, two-year-old ductwork, newer double-pane windows, freshly updated baths, and a newer electrical panel and disconnect, providing peace of mind and helping reduce the likelihood of major surprise expenses for years to come. These improvements may also offer advantages when it comes to insurance eligibility and affordability compared to homes with aging systems. For the discerning buyer, the value here is immediately apparent. This is not simply another home in the neighborhood or a problem that someone is looking to get rid of—it is a property that has been carefully maintained, intelligently improved, and positioned to provide years of comfortable, worry-free ownership. The pride of ownership shines throughout every room and every improvement. Combining an outstanding location, a highly functional floor plan, extensive updates, abundant parking, a massive screened lanai, and a private fenced backyard, this home represents an exceptional opportunity for buyers seeking maximum value without sacrificing quality. Turnkey, meticulously maintained, and ready for its next owner, this is a home that truly excels in value to the keen eye and stands apart from the rest. Schedule your private showing today and see the difference for yourself.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveJun 4, 2026
- Listed$289,990Jun 4, 2026
- Price increased$289,990
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- The Lakes
- County
- Pasco
- Year built
- 1981
- Living area
- 1,512 sq ft
- Price/sq ft
- $192
- Building area
- 2,368 sq ft (Public Records)
- Lot size
- 5,525 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12101C0191G)
- Garage
- 2 spaces
- Annual taxes
- $1,546 (2025)
- Parcel #
- 23-25-16-0100-00000-3960
- Zoning
- R3-100
- MLS #
- W7886385
Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Ceramic Tile, Laminate
- Appliances
- Convection Oven, Dishwasher, Disposal, Freezer, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Smart Home
- Laundry
- In Garage
- Stories / Levels
- One
- Direction faces
- North
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
- Parking features
- Driveway, Garage Door Opener, Oversized, Workshop in Garage
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1 Month
- Listing terms
- Cash, Conventional, FHA, Other, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Fire Pit, Rain Gutters, Sidewalk, Sliding Doors
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- None
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Public, Sewer Connected, Underground Utilities, Water Connected
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Primary Bedroom | First | |
| Great Room | First |
Listing Details
- Listing date
- 2026-06-03
- On market date
- 2026-06-04
- Original list price
- $289,990
- Occupant type
- Owner
- MLS area
- 34668 - Port Richey
- Listing AOR
- West Pasco
- Status changed
- 2026-06-04
- Tax legal description
- THE LAKES UNIT 5 PB 18 PG 89 LOT 396 OR 7696 PG 808
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
North on Little Road, Left at Embassy Blvd, Right on Morehead Lane, Left on Penwood, Home is on theleft.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively 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.
Based on information submitted to the MLS GRID as of June 4, 2026 at 8:38 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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