Single Family Residence at 2948 PENELOPE LOOP, KISSIMMEE
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48 photos

$730,000

2948 PENELOPE LOOP
KISSIMMEE, FL 34746
Listed by Kathryn West · EXP REALTY LLC
Bedrooms
6
Bathrooms
6
Living area
3,760 sqft
Year built
2022

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.

Highlights

Private pool

Property details

MLS #
MFRO6446489
Property type
Single Family Residence
Subdivision
COVE AT STOREY LAKE 4
Status
Active
Days on market
N/A
On market date
October 2, 2026
Stories
N/A
Total bathrooms
6
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.13 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
FLORA RIDGE ELEMENTARY SCHOOL
1.13 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
1,020
Student:teacher ratio
16.2:1
District
OSCEOLA
Middle
KISSIMMEE MIDDLE SCHOOL
1.58 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,411
Student:teacher ratio
19.1:1
District
OSCEOLA
HighCharter
VICTORY CHARTER SCHOOL
3.05 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
652
Student:teacher ratio
18.6:1
District
OSCEOLA

Walkability

Blended score for KISSIMMEE'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).

57
Somewhat walkable
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores3
Parks5
Schools3
Transit stops8
Pharmacies2

Market position

How this listing compares to current activity in KISSIMMEE, from live MLS data.

On the market 0 days -- 101 fewer days than KISSIMMEE's current average of 101 days.
For reference, the median list price across 4,900 active listings in KISSIMMEE right now is $316,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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/mo
Est. monthly payment
$4,546/mo
$146,000 down
$584,000 loan
Principal & interest$3,788
Property tax (est.)$608
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 22 hr ago.

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.