Condominium with 4 total Condos - 7040 COGNAC DR #1, NEW PORT RICHEY
End Unit Ground Floor - 7040 COGNAC DR #1, NEW PORT RICHEY
Covered Assigned Parking - 7040 COGNAC DR #1, NEW PORT RICHEY
Open Plan - 7040 COGNAC DR #1, NEW PORT RICHEY
Open Kitchen - 7040 COGNAC DR #1, NEW PORT RICHEY
Open Kitchen - 7040 COGNAC DR #1, NEW PORT RICHEY
Living Room Open Plan - 7040 COGNAC DR #1, NEW PORT RICHEY
Living and Dining Open Plan - 7040 COGNAC DR #1, NEW PORT RICHEY
Living Room - 7040 COGNAC DR #1, NEW PORT RICHEY
Kitchen - 7040 COGNAC DR #1, NEW PORT RICHEY
Kitchen Leading to Foyer and 2 Bedrooms and 2 Bathrooms - 7040 COGNAC DR #1, NEW PORT RICHEY
Sliders showing Nature View from Living Room - 7040 COGNAC DR #1, NEW PORT RICHEY
View from Porch towards Living Room - 7040 COGNAC DR #1, NEW PORT RICHEY
LARGE Enclosed Porch with 2 large storage closets - 7040 COGNAC DR #1, NEW PORT RICHEY
LARGE Enclosed Porch with 2 large storage closets - 7040 COGNAC DR #1, NEW PORT RICHEY
Foyer and Hallway to Bathroom on left and master straight ahead and second bedroom across from the main bathroom - 7040 COGNAC DR #1, NEW PORT RICHEY
Foyer - 7040 COGNAC DR #1, NEW PORT RICHEY
Foyer View showing Entry to Kitchen or Living Room to the Right - 7040 COGNAC DR #1, NEW PORT RICHEY
Entry to Kitchen and Living Room - 7040 COGNAC DR #1, NEW PORT RICHEY
Main Bathroom - 7040 COGNAC DR #1, NEW PORT RICHEY
Main Bathroom - 7040 COGNAC DR #1, NEW PORT RICHEY
Laundry Room inside the Main Bathroom with bifold doors - 7040 COGNAC DR #1, NEW PORT RICHEY
Master Bedroom showing ensuite bathroom and walk-in closet - 7040 COGNAC DR #1, NEW PORT RICHEY
Master Bedroom showing nature park views - 7040 COGNAC DR #1, NEW PORT RICHEY
Master Bedroom showing ensuite bathroom and walk-in closet - 7040 COGNAC DR #1, NEW PORT RICHEY
Large Master Bedroom - 7040 COGNAC DR #1, NEW PORT RICHEY
Master Bath and Walk-in Closet - 7040 COGNAC DR #1, NEW PORT RICHEY
Walk-in Closet - 7040 COGNAC DR #1, NEW PORT RICHEY
Master Bathroom and Step-in Shower - 7040 COGNAC DR #1, NEW PORT RICHEY
Second Bedroom with window open to porch and large window to see nature park views - 7040 COGNAC DR #1, NEW PORT RICHEY
Large window in second bedroom to see the nature park views - 7040 COGNAC DR #1, NEW PORT RICHEY
North side of Condominium - 7040 COGNAC DR #1, NEW PORT RICHEY
Backyard of Condominium - 7040 COGNAC DR #1, NEW PORT RICHEY
Easterly View of Nature Park Views - Many wildlife and birds frequent daily visits here! Get your bioculars and you will enjoy a daily feast of bird watching! - 7040 COGNAC DR #1, NEW PORT RICHEY
Assigned Covered Parking - 7040 COGNAC DR #1, NEW PORT RICHEY
Public Entrance to Magnolia Valley - 7040 COGNAC DR #1, NEW PORT RICHEY
Public Entrance to Magnolia Valley - 7040 COGNAC DR #1, NEW PORT RICHEY
Entrance to Unit 1 on Ground Floor - END UNIT - 7040 COGNAC DR #1, NEW PORT RICHEY
Downtown New Port Richey - 7040 COGNAC DR #1, NEW PORT RICHEY
Downtown New Port Richey - 7040 COGNAC DR #1, NEW PORT RICHEY
New Port Richey Aquatic Center - Multi-Million Dollar Facility open to the Public - 7040 COGNAC DR #1, NEW PORT RICHEY
Cotee River Sunset Views - 7040 COGNAC DR #1, NEW PORT RICHEY
Cotee River in New Port Richey - 7040 COGNAC DR #1, NEW PORT RICHEY
Green Key Beach - 7040 COGNAC DR #1, NEW PORT RICHEY
44 photos

$148,000

7040 COGNAC DR #1
NEW PORT RICHEY, FL 34653
Listed by Linda Axiotis · LOKATION
Bedrooms
2
Bathrooms
2
Living area
1,044 sqft
Year built
1973

About this home

LOCATION LOCATION!! Near Historic Downtown New Port Richey! NON-FLOOD ZONE X - Schedule your showing today and you will be happy that you viewed the Beautifully Spacious Magnolia Valley Condominiums both inside and outside!!   This 1,282 square foot fully furnished FIRST floor TWO bedroom, TWO bath condo is spacious, has beautiful views, and makes a perfect snowbird retreat!!   Just a few minutes to historic downtown New Port Richey where you can enjoy walks around the lake, eat at your favorite restaurant/bar and also enjoy the quaint shops.  Search New Port Richey and you will find out what a lovely town it truly is.   The backyard of this condo has a nature park where many different species of birds and wildlife pass through this park daily, get your binoculars, you will truly enjoy the daily wildlife routine. The large living room and large master suite both have sliding doors that make a full view possible of the peaceful nature park.  The open plan of the kitchen, dining, and living room really makes the condo feel spacious and how it opens right into the enclosed porch just really makes you feel very cozy.  Two good size storage units on each side of the enclosed porch.  Several storage closets throughout.  Very large master bedroom with ensuite bathroom and walk-in closet and sliding glass doors to see the beautiful backyard nature park view. The second bedroom also has a nice big window to view the nature park as well.  So, no matter which main room you are in you will have this nature park view.   We have many local beaches within a few miles, such as Green Key Beach and Anclote Beach, and just a few more miles South visit the beautiful Howard Beach and Park, and a few more miles after that, visit the beautiful Honeymoon Island Beach and Park, and a few more miles South, visit the beautiful Touristy Clearwater Beach.  Go North from NPR and visit Hudson Beach, and Sunwest Park.  Then about 45 minutes north, you can kayak on the rivers of Weeki Wachee and see a mermaid show, and during the winter visit the Manatees. Just 45 minutes to Tampa Airport.  This Condo Unit is Fully furnished and turnkey. Assigned Covered Parking too.  This area just really has endless things to do, and during the winter season, there are broadway shows, concerts, endless weekend festivals, festivities to where you can really never finish all that beautiful Tampa Bay area boasts.  New Port Richey is really the perfect location to live, work, retire, and play.  Included in pictures are a few of local views.  The Central AC/Heat was installed in 2019, the Roof in 2025, and the Hot Water Heater is 2013.  Flooring is mostly laminate (wood coloring) and ceramic tile throughout, linoleum in kitchen.  This condo is ready for you to make it your own!  MOVE-IN READY!!  Schedule your immediate showing today!

Property details

MLS #
MFRTB8348937
Property type
Condominium
Subdivision
MAGNOLIA VALLEY CONDO
Status
Active
Days on market
1
On market date
February 11, 2025
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
29.22 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
CALUSA ELEMENTARY SCHOOL
1 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
503
Student:teacher ratio
15.7:1
District
PASCO
Middle
GULF MIDDLE SCHOOL
1.37 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
926
Student:teacher ratio
16.5:1
District
PASCO
High
MARCHMAN TECHNICAL COLLEGE
0.84 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1
Student:teacher ratio
0.1:1
District
PASCO

Walkability

Blended score for NEW PORT RICHEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes18
Grocery stores4
Parks6
Schools6
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in NEW PORT RICHEY, from live MLS data.

On the market 1 days -- 109 fewer days than NEW PORT RICHEY's current average of 110 days.
For reference, the median list price across 1,520 active listings in NEW PORT RICHEY right now is $229,000.

Mortgage calculator

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Est. monthly payment
$1,041/mo
$29,600 down
$118,400 loan
Principal & interest$768
Property tax (est.)$123
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated February 12, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.