Kissimmee, FL · Single Family Residence
2948 Penelope Loop
Active · MLS MFRO6446489 · Listed by EXP REALTY LLC · 888-883-8509.
THE SETTING, AND THE DETAILS
A closer look.
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.
The details that help you decide.
Details supplied with the listing. Information that was not provided is marked below.
Home essentials
- Price per square foot
- $194
- Full bathrooms
- 6
- Half bathrooms
- 0
- Heated living area
- 3760
- Lot size (acres)
- 0.13
- Lot size (sq ft)
- 5663
- Year built
- 2022
- Property type
- Residential
- Property style
- Other
Interior & rooms
- Interior features
- Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Window Treatments
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
- Flooring
- Carpet, Tile
- Additional rooms
- Bonus Room,Inside Utility,Loft,Media Room
Land, water & community
- Waterfront
- No
- Waterfront type
- Not provided
- Water body / lake name
- Not provided
- Water view
- Canal
- Dock
- Not provided
- Dock features
- Not provided
- Other views
- Trees/Woods
- Lot features
- Conservation Area, Landscaped, Sidewalk, Paved
- Exterior features
- Rain Gutters, Sidewalk
- Community amenities
- Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - Guard, Irrigation-Reclaimed Water, Park, Playground, Pool, Restaurant, Sidewalks, Street Lights
- Zoning
- RES
- Current use
- Not provided
- Horse amenities
- Not provided
- Fencing
- Not provided
- Other structures
- Not provided
Pool, parking & systems
- Private pool
- Yes
- Pool features
- Child Safety Fence, In Ground, Screen Enclosure
- Garage
- No
- Garage spaces
- Not provided
- Carport
- No
- Carport spaces
- Not provided
- Parking features
- Ground Level, Guest, Open
- Fireplace
- No
- Fireplace features
- Not provided
- Heating
- Central
- Cooling
- Central Air
- Water supply
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Construction
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Stories
- Not provided
- Levels
- Two
Location & schools
- City
- KISSIMMEE
- Subdivision
- COVE AT STOREY LAKE 4
- County
- Osceola
- ZIP code
- 34746
- Elementary school
- Not provided
- Middle school
- Not provided
- High school
- Not provided
Association, taxes & listing
- HOA / association
- Yes
- Association fee
- $304.25
- Fee frequency
- Monthly
- Included services
- Common Area Taxes, Pool, Recreational Facilities
- Association amenities
- Clubhouse, Fence Restrictions, Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities, Trail(s)
- Additional association fee
- Not provided
- Additional fee frequency
- Not provided
- Condo fee
- Not provided
- Condo fee frequency
- Not provided
- Annual property taxes
- $12,678
- Tax year
- 2025
- Other annual assessments
- $2,281
- CDD
- Yes
- Listing status
- Active
- Days on market
- 0
- Listing broker
- EXP REALTY LLC
- MLS number
- MFRO6446489
Explore the area
Location supplied with the listing. Confirm boundaries and access for the property.
Listed by EXP REALTY LLC · MLS MFRO6446489
Source: mfrmls · Listing updated 2026-10-02 21:36:13 UTC.
Information is deemed reliable but is not guaranteed. Availability and details may change.
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