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12040 Penzance Ln, New Port Richey, FL, 34654

$209/sqft·Rosewood/River Rdg Ph 1

3 bd3 ba1,984 sqft2 car garageSingle Family
Listed by 54 REALTY LLC· Last updated · MLS# TB8542751

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Est. monthly payment
$2,637/mo
Down payment (20%)
$83,000
Property taxes
$196/mo
HOA
$208/qtr
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 1996
Private pool
Deck
2 car garage
Driveway
7,350 sqft lot
Lot size
1,984 sqft
Living area

About this home

Accessibility FeaturesCathedral Ceiling(s)Ceiling Fans(s)High CeilingsKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main Floor

12040 Penzance Ln is a 1996-built home in Rosewood/River Rdg Ph 1, New Port Richey. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,984 square feet of living space. Listed at $415,000 (about $209/sqft), 11 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $208 quarterly.

From the listing

SELLER PROVIDING 10K TOWARD BUYER CLOSING COSTS AND PREPAIDS - Welcome to this 3-bedroom, 2.5-bath pool home offering nearly 2,000 square feet of living space, a screened-in heated pool and lanai, dedicated office/den, and a long list of recent improvements. Located in the gated Rosewood at River Ridge community, this single-story home offers a spacious, flexible layout designed for comfortable indoor and outdoor living. Recent improvements include the A/C outdoor unit and air handler replaced approximately 2 years ago, exterior painted last month, countertops and tubs resurfaced approximately 2 years ago, updated faucets throughout, and a farmhouse-style kitchen sink installed approximately 2 years ago. The stove and microwave were replaced approximately 3 years ago, while updated lighting enhances the dining area, breakfast nook, and entry hallway, along with an updated ceiling fan in the family room. The spacious kitchen features a breakfast bar, ample cabinetry, and adjoining breakfast nook, while the family room opens to the screened outdoor living area through sliding glass doors. Separate formal living and dining areas provide additional flexible space, and the primary suite features a walk-in closet, dual sinks, separate shower, and soaking tub. Step outside to enjoy the private in-ground heated pool, expansive screened enclosure, covered lanai, fenced backyard, and outdoor patio area. The pool has also received several recent improvements, including a pump replaced last year, skimmer and filtration system replaced this year, heater replaced approximately 2 years ago, and pool deck painted last month. Additional features include vaulted and high ceilings, laminate and tile flooring, inside laundry room, irrigation system, rain gutters, attached two-car garage, and mature landscaping. Conveniently located near shopping, dining, recreation, and major roadways, this home offers plenty of space to enjoy inside and out.

The essentials

Built
1996
Price / sqft
$209
On market
14 days
Annual tax
$2,353
HOA
$208/qtr
Flood zone
X · Low risk
Lot
7,350 sqft
Type
Single Family Residence

Location

12040 Penzance Ln
New Port Richey, FL, 34654·34654 - New Port Richey
Type
Single Family Residence
Year Built
1996
Lot
7,350 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Electric Vehicle Charging Station(s), Garage Door Opener
Pool
Deck, In Ground, Screen Enclosure
Days on Market
14
Accessibility Features
Cathedral Ceiling(s)
Ceiling Fans(s)
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Vaulted Ceiling(s)
Walk-in Closet(s)
Window Treatments
Dog Run
Rain Gutters
Sprinkler Metered
Dishwasher
Microwave
Range
Refrigerator

Elementary

Cypress Elementary-PO

Middle

River Ridge Middle-PO

High

River Ridge High-PO

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone X

Annual Tax (2025)

$2,353

Parcel #

17-25-33-001.0-000.00-133.0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Rosewood/River Rdg Ph 1

County

Pasco

MLS Area

34654 - New Port Richey

Lot Size

7,350 sqft

HOA
$208/qtr
Melrose Management
Date
Event
Price
9/3/2026
Price change
Source: Stellar MLS #TB8542751
$415,000-1.2%
$209/sqft
Price change
Source: Stellar MLS #TB8542751
$420,000-2.3%
$212/sqft
8/28/2026
Listed for sale
Source: Stellar MLS #TB8542751
$430,000
$217/sqft
Est. monthly payment$2,637/mo
Principal & interest$2,164
Property taxes$196
Insurance$208
HOA$69
Down payment20% · $83,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

Choose an offer strength

List price: $415,000
$407,500 – $415,000
98.3% – 100% of listTops out right at the list price
80% of listList price
52 of the last 102 home closings in 34654 landed at this number or higher (51%). The median one sat 44 days before it went under contract, and this one is on day 14 after a $15,000 cut.

Sample: 102 closed home sales in 34654 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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