2948 Penelope Loop
Kissimmee, FL 34746 · Storey Lake Resort
$730,000
- 6 bedrooms
- 6 bathrooms
- 3,760 sq ft
- Built 2022
About This Property
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.
What's Nearby
- Magic Kingdom · 9.6 mi
- EPCOT · 6.4 mi
- Disney Springs · 4.6 mi
- Universal Orlando · 9.7 mi
- Orlando Airport (MCO) · 11.1 mi
Straight-line distances from this home; driving routes are longer.
Property Details
- Property type
- Single Family Residence
- Year built
- 2022
- Living area
- 3,760 sq ft
- Lot size
- 5,663 sq ft
- Private pool
- Yes
- Waterfront
- No
- Subdivision
- Cove At Storey Lake 4
- County
- Osceola
HOA & Costs
- HOA
- The Icon Management / Sheila Nohar
- HOA fee
- $304 monthly
- Annual taxes
- $12,678 (2025)
- Minimum lease
- No Minimum
Systems & Construction
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Carpet, Tile
- Construction
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Water source
- Public
- Sewer
- Public Sewer
Interior Features
- Ceiling Fans(s)
- Eat-in Kitchen
- Kitchen/Family Room Combo
- Open Floorplan
- PrimaryBedroom Upstairs
- Stone Counters
- Thermostat
- Window Treatments
Exterior Features
- Rain Gutters
- Sidewalk
Appliances
- Dishwasher
- Dryer
- Electric Water Heater
- Microwave
- Refrigerator
- Washer
Community Amenities
- Clubhouse
- Fence Restrictions
- Fitness Center
- Gated
- Park
- Playground
- Pool
- Recreation Facilities
- Trail(s)
HOA Fee Includes
- Common Area Taxes
- Pool
- Recreational Facilities
Parking
- Ground Level
- Guest
- Open
Lot Features
- Conservation Area
- Landscaped
- Sidewalk
- Paved
Life at Storey Lake Resort
More than a home — a resort lifestyle
- 15minDisney World Entrance
- 18minUniversal
- 16minEpic Universe
- 15minSeaWorld
- 22minMCO Airport
Approximate, without traffic. See live drive times
Property Location
Ask About This Property
Answers use verified MLS data for 2948 Penelope Loop. Details can change — always verify before purchasing.
Automated assistance from Holiday Realty LLC. Not legal, tax, lending or investment advice; no rental income or return is projected or guaranteed. Equal Housing Opportunity.
Frequently Asked Questions
Similar Storey Lake Properties
Listing courtesy of EXP REALTY LLC / EXP REALTY LLC — Kathryn West.
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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. Data is deemed reliable but is not guaranteed by MLS GRID. Sold properties may have been listed or sold by various participants in the MLS. Measurements and square footage are approximate and should be independently verified. Equal Housing Opportunity.