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Accepting backups
    • Price cut: $15K (9/14)
    $399,999

    12040 PENZANCE LANE, NEW PORT RICHEY, FL 34654

    3beds
    1,984sqft
    : 
    $2,969/mo
    Get pre-qualified
    Single Family Residence
    Built in 1996
    7,350 Square Feet Lot
    $-- Zestimate®
    $202/sqft
    $82/mo HOA

    What's special

    Private in-ground heated poolCovered lanaiUpdated faucets throughoutBreakfast barAdjoining breakfast nookAttached two-car garageExterior painted last month
    Under contract-accepting backup offers. 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.
    35 days
    1,083
    61

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Douglas Gladstone 727-427-7447,

    54 REALTY LLC 813-435-5411

    Source: Stellar MLS,MLS#: TB8542751MLS LogoOriginating MLS: West Pasco

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Breakfast Room Separate, Family Room, Dining Room, Utility Room
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 208.29 Square Feet
      • Dimensions: 13.1x15.9
      Kitchen
      • Features: Pantry, Built-in Closet
      • Level: First
      • Area: 134.31 Square Feet
      • Dimensions: 12.1x11.1
      Living room
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 296.84 Square Feet
      • Dimensions: 16.4x18.1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Range, Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Accessibility Features, Cathedral Ceiling(s), Ceiling Fan(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)
      • Flooring: Laminate, Tile
      • Doors: Sliding Doors
      • Windows: Window Treatments
      • Has fireplace: No
      Interior area
      • Total structure area: 2,646
      • Total interior livable area: 1,984 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Electric Vehicle Charging Station(s), Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Screened
      • Exterior features: Dog Run, Irrigation System, Rain Gutters, Sprinkler Metered
      • Has private pool: Yes
      • Pool features: Deck, In Ground, Screen Enclosure
      • Fencing: Vinyl
      Lot
      • Size: 7,350 Square Feet
      • Residential vegetation: Trees/Landscaped
      Details
      • Additional structures: Shed(s)
      • Parcel number: 172533001.0000.00133.0
      • Zoning: MPUD
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1996

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: ROSEWOOD/RIVER RDG PH 1
      HOA
      • Has HOA: Yes
      • HOA fee: $82 monthly
      • HOA name: Melrose Management
      • HOA phone: 727-787-3461
      • Second HOA name: River Ridge
      Location
      • Region: New Port Richey

      Financial & listing details

      • Price per square foot: $202/sqft
      • Tax assessed value: $339,770
      • Annual tax amount: $2,353
      • Date on market: 8/28/2026
      • Cumulative days on market: 35 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/14/2026Price change$399,999-3.6%$202/sqft
        Source: Stellar MLS #TB8542751 Report a problem
        9/3/2026Price change$415,000-1.2%$209/sqft
        Source: Stellar MLS #TB8542751 Report a problem
        9/1/2026Price change$420,000-2.3%$212/sqft
        Source: Stellar MLS #TB8542751 Report a problem
        8/28/2026Listed for sale$430,000+8.6%$217/sqft
        Source: Stellar MLS #TB8542751 Report a problem
        10/1/2025Listing removed$396,000$200/sqft
        Source: Stellar MLS #W7875104 Report a problem
        9/25/2025Price change$396,000-0.1%$200/sqft
        Source: Stellar MLS #W7875104 Report a problem
        9/4/2025Price change$396,500-0.1%$200/sqft
        Source: Stellar MLS #W7875104 Report a problem
        8/21/2025Price change$396,7000%$200/sqft
        Source: Stellar MLS #W7875104 Report a problem
        8/12/2025Price change$396,799-0.5%$200/sqft
        Source: Stellar MLS #W7875104 Report a problem
        8/9/2025Price change$398,750-0.1%$201/sqft
        Source: Stellar MLS #W7875104 Report a problem
        8/2/2025Price change$399,000-0.1%$201/sqft
        Source: Stellar MLS #W7875104 Report a problem
        7/24/2025Price change$399,500-0.1%$201/sqft
        Source: Stellar MLS #W7875104 Report a problem
        7/17/2025Price change$400,000-0.7%$202/sqft
        Source: Stellar MLS #W7875104 Report a problem
        7/15/2025Price change$403,000-0.5%$203/sqft
        Source: Stellar MLS #W7875104 Report a problem
        7/10/2025Price change$405,000-1.2%$204/sqft
        Source: Stellar MLS #W7875104 Report a problem
        7/7/2025Price change$410,000-0.5%$207/sqft
        Source: Stellar MLS #W7875104 Report a problem
        7/3/2025Price change$412,000-0.5%$208/sqft
        Source: Stellar MLS #W7875104 Report a problem
        7/1/2025Price change$414,000-0.2%$209/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/27/2025Price change$415,000-0.7%$209/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/24/2025Price change$418,000-0.5%$211/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/20/2025Price change$420,000-1.8%$212/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/18/2025Price change$427,500-0.6%$215/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/16/2025Price change$430,000-0.7%$217/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/13/2025Price change$433,000-0.5%$218/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/9/2025Listed for sale$435,000+56.8%$219/sqft
        Source: Stellar MLS #W7875104 Report a problem
        6/5/2018Sold$277,500+63.7%$140/sqft
        Source: Public Record Report a problem
        1/4/2013Sold$169,500+11.1%$85/sqft
        Source: Public Record Report a problem
        8/24/2011Sold$152,500+21.5%$77/sqft
        Source: Public Record Report a problem
        2/26/1996Sold$125,500$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,353 +2.7%$165,720 +2.9%
        2024$2,291 -5.1%$161,050
        2023$2,414 +10%$161,050 +3%
        2022$2,194 +2.1%$156,360 +6.1%
        2021$2,148 +3.3%$147,390 +1.4%
        2020$2,079 +0.2%$145,360 +2.3%
        2019$2,075 $142,100 +1.9%
        2018$2,075 +3.7%$139,458
        2017$2,002 +11.1%$139,458 +4.2%
        2016$1,802 +2.4%$133,781 +0.8%
        2015$1,759 +3%$132,658 -2.9%
        2014$1,709 $136,577 +6.7%
        2013-- $128,022 +1.4%
        2012-- $126,262 -5.1%
        2011-- $133,060 +3%
        2010-- $129,134 -7.2%
        2009-- $139,085 -27.9%
        2008-- $192,997 -8.1%
        2007-- $210,062 +0.9%
        2006-- $208,241 +20.8%
        2005-- $172,349 +18.1%
        2004-- $145,990 +12.9%
        2003-- $129,301 +5.1%
        2002-- $123,047 +6.9%
        2000-- $115,066
        1999-- $115,066
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 34654

        Getting around

        8 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cypress Elementary-PO
        • Middle: River Ridge Middle-PO
        • High: River Ridge High-PO

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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