$730,000
2948 Penelope Loop
Kissimmee, FL 34746
Listing updated: October 2, 2026 at 5:36 PM ET
Listing courtesy of Exp Realty Llc · Kathryn West · MLS #O6446489 · Active · 888-883-8509Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
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: ActiveOct 2, 2026
- Listed$730,000Oct 2, 2026
- Price increased$730,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 0
- Subdivision
- Cove At Storey Lake 4
- County
- Osceola
- Year built
- 2022
- Living area
- 3,760 sq ft
- Price/sq ft
- $194
- Building area
- 4,099 sq ft (Public Records)
- Lot size
- 5,663 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12097C0055G)
- Pool
- Private pool
- Annual taxes
- $12,678 (2025)
- Parcel #
- 07-25-29-5178-0001-3360
- Zoning
- RES
- MLS #
- O6446489
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Interior Details
- Bedrooms
- 6
- Full bathrooms
- 6
- Flooring
- Carpet, Tile
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Window Treatments
- Laundry
- Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Stories / Levels
- Two
- Direction faces
- Southeast
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Attached garage
- No
- Parking features
- Ground Level, Guest, Open
HOA & Financial
- HOA fee
- $304 / Monthly
- Monthly HOA
- $304/mo
- Total monthly fees
- $568/mo
- Total annual fees
- $6,819
- HOA name
- The Icon Management / Sheila Nohar
- CDD
- Yes
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- The buyer is responsible for verifying all leasing restrictions with the HOA, county, and/or city ordinances to ensure compliance. It is important to carefully review all relevant guidelines and regulations before proceeding with any leasing activities.
Exterior & Construction
- Exterior features
- Rain Gutters, Sidewalk
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 12x20 |
| Dining Room | First | 10x20 |
| Kitchen | First | 15x16 |
| Media Room | First | |
| Bonus Room | First | 11x15 |
| Loft | Second | 16x18 |
| Primary Bedroom | Second | 20x13 |
| Additional Bedroom | First | 11x15 |
| Bedroom 2 | Second | 11x14 |
| Bedroom 3 | Second | 11x13 |
| Bedroom 4 | Second | 11x11 |
| Bedroom 5 | Second | 11x12 |
| Laundry | Second | 10x6 |
Listing Details
- Listing date
- 2026-10-02
- On market date
- 2026-10-02
- Original list price
- $730,000
- Occupant type
- Tenant
- MLS area
- 34746 - Kissimmee (West of Town)
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-10-02
- Tax legal description
- COVE AT STOREY LAKE 4 PB 30 PGS 18-35 LOT 336
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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
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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 October 2, 2026 at 5:36 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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