7040 COGNAC DRIVE UNIT 1 NEW PORT RICHEY FL 34653 MLS #TB8463392

7040 COGNAC DRIVE UNIT 1
NEW PORT RICHEY, FL, 34653
$148,000
2 Beds
2 Baths
1,044 SqFt
29.22 Acres
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MLS #TB8463392 image #0
LOCATION LOCATION!! COME AND VIEW THE QUIET MAGNOLIA VALLEY CONDO COMMUNITY! Enjoy GROUND level access to this TWO bedroom, TWO bath condo which also enjoys beautiful nature views! Perfect snowbird retreat!!  NON-FLOOD ZONE X!!  Just a few minutes to historic downtown New Port Richey where you can enjoy walks around the lake, eat at your favorite restaurant/bar and also enjoy the quaint shops. Just a few minutes to New Port Richey’s Aquatic Center as well!  Search New Port Richey and you will find out what a lovely town it truly is.   The backyard of this condo has a nature park where many different species of birds and wildlife pass through this park daily, get your binoculars, you will truly enjoy the daily wildlife routine. The large living room and large master suite both have sliding doors that make a full view possible of the peaceful nature park.  The open plan of the kitchen, dining, and living room really makes the condo feel spacious and how it opens right into the enclosed porch just really makes you feel very cozy.  Two good size storage units on each side of the enclosed porch.  Several storage closets throughout.  Very large master bedroom with ensuite bathroom and walk-in closet and sliding glass doors to see the beautiful backyard nature park view. The second bedroom also has a nice big window to view the nature park as well.  So, no matter which main room you are in you will have this nature park view.   We have many local beaches within a few miles, such as Green Key Beach and Anclote Beach, and just a few more miles South visit the beautiful Howard Beach and Park, and a few more miles after that, visit the beautiful Honeymoon Island Beach and Park, and a few more miles South, visit the beautiful Touristy Clearwater Beach.  Go North from NPR and visit Hudson Beach, and Sunwest Park.  Then about 45 minutes north, you can kayak on the rivers of Weeki Wachee and see a mermaid show, and during the winter visit the Manatees. Just 45 minutes to Tampa Airport.  This Condo Unit is Fully furnished and turnkey (optional). Assigned Covered Parking in addition to parking directly in front of unit.  This area just really has endless things to do, and during the winter season, there are Broadway shows, concerts, endless weekend festivals, festivities to where you can really never finish all that beautiful Tampa Bay area boasts.  New Port Richey is really the perfect location to live, work, retire, and play.  Included in pictures are a few of local views.  The Central AC/Heat was installed in 2019, the Roof in 2025, and the Hot Water Heater is 2013.  Flooring is mostly laminate (wood coloring) and ceramic tile throughout, linoleum in kitchen.  This condo is ready for you to make it your own!  MOVE-IN READY!!  Schedule your showing today!

Property Details

Price:
$148,000
MLS #:
TB8463392
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
MAGNOLIA VALLEY CONDO
Neighborhood:
34653newportrichey
Listed Date:
Jan 11, 2026
Finished Sq Ft:
1,044
Total Sq Ft:
1,282
Lot Size:
1,272,620 sqft / 29.22 acres (approx)
Year Built:
1973
Community 55 Plus34653 – New Port Richey34653newportricheyMagnolia Valley CondoCalusa Elementary-poChasco Middle-poGulf High-poMay Lease 2 Times Per Year3 Months

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Schools

Elementary School:
Calusa Elementary-PO
Middle School:
Chasco Middle-PO
High School:
Gulf High-PO

Interior

Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Other
Heating
Central
Interior Features
Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
Laundry Features
Inside, Laundry Closet
Levels
One

Exterior

Community
55+
Community Features
Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking
Construction Materials
Block, Stucco
Covered Spaces
1
Direction Faces
West
Exterior Features
Lighting, Sidewalk, Sliding Doors
Roof
Other
Senior Community YN
1

Financial

HOA Fee
$345
HOA Fee Frequency
Monthly
HOA Includes
Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Trash
HOA Name
Rick Lawson
HOA Phone
720-308-3606
Tax Year
2025
Taxes
$1,615

Map

Community

Subdivisions in NEW PORT RICHEY

Market Summary

Current real estate data for Condo in NEW PORT RICHEY as of May 02, 2026
264
Condo Listed
165
Avg DOM
171
Avg $ / SqFt
$191,547
Avg List Price

Property Summary

    Located in the MAGNOLIA VALLEY CONDO subdivision, 7040 COGNAC DRIVE UNIT 1 NEW PORT RICHEY FL is a Condo for sale in NEW PORT RICHEY, FL, 34653. It is listed for $148,000 and features 2 beds, 2 baths, and has approximately 1,044 square feet of living space, and was originally constructed in 1973. The current price per square foot is $142. The average price per square foot for Condo listings in NEW PORT RICHEY is $171. The average listing price for Condo in NEW PORT RICHEY is $191,547. To schedule a showing of MLS#tb8463392 at 7040 COGNAC DRIVE UNIT 1 in NEW PORT RICHEY, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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7040 COGNAC DRIVE UNIT 1
NEW PORT RICHEY, FL