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Under contract
  • $392,320

    638 Pennywort St, Lake Alfred, FL 33850

    4beds
    2,387sqft
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    Single Family Residence
    Built in 2026
    5,500 Square Feet Lot
    $390,400 Zestimate®
    $164/sqft
    $29/mo HOA

    What's special

    Upstairs loftTot lotPool and cabanaBeautiful city parkSports fieldWalking trails
    Under contract-accepting backup offers. Under Construction. Brand new, energy-efficient home available by Jul 2026! Open first floor creates a unified living space with a large great room that overlooks the kitchen and dining area. Upstairs loft can be used to best fit your family's needs and tech area is perfect for a home office. Now selling from the high $200s, Springs at Lake Alfred offers new single-family homes in Polk County. This community is conveniently located right off of I-4 and will feature an abundance of amenities including a pool and cabana, walking trails, a sports field, parks, and a tot lot. Right down the road, Downtown Auburndale features a beautiful city park, playground, and local eateries. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.
    71 days
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Sumner 813-336-5895,

    MERITAGE HOMES OF FL REALTY 813-703-8860

    Source: Stellar MLS,MLS#: TB8505622MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Great Room, Utility Room, Loft
      Primary bedroom
      • Features: Dual Sinks, Stone Counters, Walk-In Closet(s)
      • Level: Second
      • Area: 238 Square Feet
      • Dimensions: 14x17
      Bedroom 2
      • Features: Built-in Closet
      • Level: Second
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Bedroom 3
      • Features: Built-in Closet
      • Level: Second
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Great room
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 15x16
      Kitchen
      • Features: Breakfast Bar, Dual Sinks, Pantry, Stone Counters
      • Level: First
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: Inside, Laundry Room, Upper Level
      Features
      • Eating Space In Kitchen, Kitchen/Family Room Combo, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Ceramic Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 2,787
      • Total interior livable area: 2,387 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Garage Door Opener
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions: 20x20
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Front Porch, Patio
      • Exterior features: Irrigation System, Lighting, Rain Gutters, Sidewalk
      • Fencing: Vinyl
      Lot
      • Size: 5,500 Square Feet
      • Features: Above Flood Plain
      Details
      • Parcel number: 262708489020000620
      • Zoning: RES
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Under Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder model: Zion
      • Builder name: Meritage Homes
      • Warranty included: Yes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Fire Hydrant, Phone Available, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
      Green energy
      • Energy efficient items: Appliances, HVAC, Insulation, Lighting, Thermostat, Windows
      • Indoor air quality: HVAC Filter MERV 8+, No/Low VOC Flooring, No/Low VOC Paint/Finish, Non Toxic Pest Control
      • Water conservation: Low-Flow Fixtures, Water Recycling, Fl. Friendly/Native Landscape

      Community & HOA

      Community
      • Features: Association Recreation - Owned, Deed Restrictions, Irrigation-Reclaimed Water, Park, Playground, Pool, Sidewalks
      • Security: Security System, Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: SPRINGS AT LAKE ALFRED
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Clubhouse, Park, Pickleball Court(s), Playground, Pool
      • Services included: Maintenance Grounds, Maintenance Repairs
      • HOA fee: $29 monthly
      • HOA name: Springs at Lake Alfred Homeowners Association, Inc
      • HOA phone: 407-563-0109
      Location
      • Region: Lake Alfred

      Financial & listing details

      • Price per square foot: $164/sqft
      • Tax assessed value: $50,000
      • Annual tax amount: $1
      • Date on market: 5/12/2026
      • Cumulative days on market: 36 days
      • Listing terms: Cash,Conventional,FHA,Other,USDA Loan,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Paved

        Estimated market value

        $390,400

        $371,000 - $410,000

        $2,504/mo

        Price history

        DateEventPrice
        7/8/2026Contingent$392,320$164/sqft
        Source: Stellar MLS #TB8505622 Report a problem
        6/2/2026Pending sale$392,320$164/sqft
        Source: Stellar MLS #TB8505622 Report a problem
        5/12/2026Listed for sale$392,320$164/sqft
        Source: Stellar MLS #TB8505622 Report a problem
        4/24/2026Listing removed$392,320$164/sqft
        Source: Meritage Homes Report a problem
        4/23/2026Listed for sale$392,320+23.6%$164/sqft
        Source: Meritage Homes Report a problem
        10/24/2025Listing removed$317,390$133/sqft
        Source: Meritage Homes Report a problem
        10/22/2025Listed for sale$317,390$133/sqft
        Source: Meritage Homes Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$943 -0.1%$50,000
        2024$944 $50,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33850

        Getting around

        10 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lake Alfred Elem
        • Middle: Stambaugh Middle
        • High: Auburndale High School

        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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