Welcome to 2040 Underwood Ln, a fully perimeter-fenced 10-acre property in Zephyrhills offering versatile opportunities for equestrian use, farming, or as a turnkey event venue. The property features three paddocks, a fully functional three-stall barn with direct paddock access, and multiple storage shelters/animal shelters. A large barn, currently used as a wedding venue, can be converted back into an 8-stall horse barn. Outdoor highlights include a gazebo overlooking the entire property, a fire pit, and a wraparound paver patio, perfect for entertaining or relaxing. The 2-bedroom, 1.5-bathroom home offers 1,216 sqft of living space, ideal for an owner's residence, guest house, or event operations. Whether you're looking for a private retreat, income-generating venue, or functional farm, this property offers endless possibilities—schedule your showing today!
Sold for $650,000
$650,000
2040 UNDERWOOD LANE, ZEPHYRHILLS, FL 33540
2beds
1,216sqft
Single Family Residence
Built in 1985
10 Acres Lot
$629,000 Zestimate®
$535/sqft
$1,965 Estimated rent
Home value
$629,000
$566,000 - $698,000
$1,965/mo
Zestimate® history
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$4,389/mo
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List your homeWhat's special
Large barnThree paddocksWraparound paver patioFire pitFully functional three-stall barnOutdoor highlights
Zillow last checked:
Listing updated:
Listed by:
Leeroy Thompson 813-546-5491,
DENNIS REALTY & INV. CORP. 813-949-7444
Bought with:
Damla Burnukara, 3344202
FUTURE HOME REALTY INC
Source: Stellar MLS,MLS#: TB8348511
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 2
- Features: Built-in Closet
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Bathroom 1
- Level: First
- Area: 48 Square Feet
- Dimensions: 6x8
Bathroom 2
- Level: First
- Area: 72 Square Feet
- Dimensions: 6x12
Dining room
- Level: First
- Area: 220 Square Feet
- Dimensions: 20x11
Kitchen
- Level: First
- Area: 99 Square Feet
- Dimensions: 9x11
Laundry
- Level: First
- Area: 18 Square Feet
- Dimensions: 6x3
Living room
- Level: First
- Area: 209 Square Feet
- Dimensions: 19x11
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener
- Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
Features
- Ceiling Fan(s), High Ceilings, Open Floorplan, Thermostat, Vaulted Ceiling(s)
- Flooring: Concrete, Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 3,496
- Total interior livable area: 1,216 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Private Mailbox, Storage
- Fencing: Fenced,Wood
- Has view: Yes
- View description: Park/Greenbelt, Trees/Woods
Lot
- Size: 10 Acres
- Features: Cleared, Farm, In County, Landscaped, Oversized Lot, Pasture, Zoned for Horses
- Residential vegetation: Oak Trees, Trees/Landscaped
Details
- Additional structures: Barn(s), Gazebo, Shed(s), Storage
- Parcel number: 222630001.0061.00000.0
- Zoning: AC
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Private, Well
- Utilities for property: BB/HS Internet Available, Electricity Connected, Private
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CRYSTAL SPGS COLONY FARMS
HOA
- Has HOA: No
Location
- Region: Zephyrhills
Financial & listing details
- Price per square foot: $535/sqft
- Tax assessed value: $291,874
- Annual tax amount: $2,350
- Date on market: 2/13/2025
- Cumulative days on market: 37 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $650,000-6.5%$535/sqft |
Source:  Stellar MLS #TB8348511 Report a problem | ||
| 3/26/2025 | Pending sale | $695,000$572/sqft |
Source: Stellar MLS #TB8348511 Report a problem | ||
| 2/28/2025 | Listed for sale | $695,000$572/sqft |
Source: Stellar MLS #TB8348511 Report a problem | ||
| 2/24/2025 | Pending sale | $695,000$572/sqft |
Source: Stellar MLS #TB8348511 Report a problem | ||
| 2/13/2025 | Listed for sale | $695,000+256.4%$572/sqft |
Source: Stellar MLS #TB8348511 Report a problem | ||
| 1/6/2020 | Sold | $195,000$160/sqft |
Source: Stellar MLS #T3209369 Report a problem | ||
| 1/6/2020 | Listed for sale | $195,000$160/sqft |
Source: KELLER WILLIAMS - NEW TAMPA #T3209369 Report a problem | ||
| 11/13/2019 | Pending sale | $195,000$160/sqft |
Source: KELLER WILLIAMS - NEW TAMPA #T3209369 Report a problem | ||
| 11/8/2019 | Listed for sale | $195,000+167.1%$160/sqft |
Source: KELLER WILLIAMS - NEW TAMPA #T3209369 Report a problem | ||
| 4/30/1999 | Sold | $73,000$60/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,553 +8.6% | $151,654 +17.3% |
| 2023 | $2,350 +21.3% | $129,280 +16.7% |
| 2022 | $1,938 +7.1% | $110,819 +9.8% |
| 2021 | $1,809 +20.9% | $100,943 -18.3% |
| 2020 | $1,496 +2.4% | $123,590 +2.3% |
| 2019 | $1,462 | $120,820 +1.9% |
| 2018 | $1,462 | $118,573 |
| 2017 | -- | $118,573 +4.2% |
| 2016 | -- | $113,745 +0.7% |
| 2015 | -- | $112,954 -26% |
| 2014 | -- | $152,725 -5.8% |
| 2013 | -- | $162,104 +0.4% |
| 2012 | -- | $161,407 -1.8% |
| 2011 | -- | $164,351 -0.3% |
| 2010 | -- | $164,808 -0.2% |
| 2009 | -- | $165,183 -37.2% |
| 2008 | -- | $263,208 -3.9% |
| 2007 | -- | $273,928 +0.1% |
| 2006 | -- | $273,788 +92.6% |
| 2005 | -- | $142,119 +27.9% |
| 2004 | -- | $111,097 +2.4% |
| 2003 | -- | $108,521 +3.3% |
| 2002 | -- | $105,010 +9.8% |
| 2000 | -- | $95,661 |
| 1999 | -- | $95,661 |
Find assessor info on the county website
Neighborhood: 33540
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Nearby schools
GreatSchools rating
- 1/10Chester W. Taylor, Jr. Elementary SchoolGrades: PK-5Distance: 6.2 mi
- 3/10Raymond B. Stewart Middle SchoolGrades: 6-8Distance: 4.2 mi
- 2/10Zephyrhills High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Chester W Taylor Elemen-PO
- Middle: Raymond B Stewart Middle-PO
- High: Zephryhills High School-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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Estimated market value
$629,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$629,000
- Florida
- Pasco County
- Crystal Springs
- 33540
- 2040 UNDERWOOD LANE
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