7040 Cognac Dr, Unit 1

New Port Richey, FL 34653

$148,000
Price
2
Beds
1,044 Sq. Ft.
$142 / Sq. Ft.
1,044
Sq. Ft.
$142
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a yard
a yard with lots of green space
a car parked in front of a house
a living room with furniture a chandelier and a large window
a kitchen with cabinets and appliances
a living room with furniture and a chandelier
a room with furniture and a large window
a view of a hallway with wooden floor and stairs
a bedroom with furniture and a large window
a kitchen with a sink a stove and cabinets
a kitchen with a sink appliances and cabinets
a kitchen with cabinets and wooden floor
a view of a hallway with wooden floor
wooden floor in a hall with a window
a living room with furniture a chandelier and a large window
a living room with furniture and a chandelier
a outdoor space with patio the couch and glass door
a bathroom with a granite countertop toilet sink and mirror
a bathroom with a sink toilet and shower
a utility room with dryer and washer
a bedroom with two beds and a chandelier
a bedroom with a bed and a flat tv screen on dresser
a bedroom with a bed and a flat tv screen on the dresser
a bed sitting in a room next to a window
a room with window
a bathroom with a sink vanity mirror and toilet
a view of room with wooden floor and closet
a view of utility room
a view of a hallway with wooden floor and a bathroom
a room with furniture and a window
a living room with furniture
a room with furniture
front view of a house
a view of a field with grass and trees
a view of swimming pool with a backyard
a view of car parked
a view of a large window
a view of living room
a close view of stove
a bathroom with a toilet
a close up of a sign
a view of a street with cars
a view of a sign board
a front view of a house with a yard

Description

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...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!
  1. Listed by Linda Axiotis • Brokerage DRE #1035217 • LOKATION
    P: (727)-514-9006 C: (727)-514-9006 lindasbusiness@gmail.com

Property Details for 7040 Cognac Drive, Unit 1

Subdivision Name
MAGNOLIA VALLEY CONDO
Township
25
Carport Spaces
1
Waterfront
No
Furnished
Furnished
LISTING UPDATED: 01/19/2026 12:23 PM

Property Details for 7040 Cognac Drive, Unit 1

StatusActive
MLS #TB8463392
Days on Market22
Taxes$1,615 / year
HOA Fees$4,140 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1973
CountyPasco County

Location

Listing Courtesy of LOKATION, Linda Axiotis
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Building Information for 7040 Cognac Drive, Unit 1

Building/Complex7040 Cognac DrFloor-Stories2Residences-Pet PolicyNot AllowedPet Policy DetailsNoYear Built1973

Payment Calculator

$1,201 per month

30 year fixed, 6.15% Interest

Principal and Interest

$721

Property Taxes

$135

HOA Dues

$345

The Payment Calculator is for illustrative purposes only.

Property Information for 7040 Cognac Drive, Unit 1

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1282.0
  • Building Area Units: Square Feet
  • Building Name Number: 7040
  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking
  • Direction Faces: West
  • Directions: From downtown New Port Richey on Main Street - go North on Rowan Rd to East on Massachusetts just one block and turn North into the Magnolia Valley Condominiums - continue straight for about a block and it is on the right.
  • Elementary School: Calusa Elementary-PO
  • Middle Or Junior School: Chasco Middle-PO
  • High School: Gulf High-PO
  • Floor Number: 1
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: Yes
  • Unit Number: No
  • Street Number: 7040
  • Street Name: COGNAC
  • Street Suffix: DRIVE
  • Unit Number: 1
  • State: FL
  • City: NEW PORT RICHEY
Parking
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: Yes
  • Association Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Association Fee Requirement: Required
  • Association Name: Rick Lawson
  • Association Phone: 720-308-3606
  • Association: Yes
  • CDD: No
  • Condo Land Included: No
  • Montly Maint Amt Addition To HOA: $0
  • Tax Block: 00700
  • Tax Book Number: 11-95
  • Tax Legal Description: MAGNOLIA VALLEY CONDO PB 11 PG 95 APT A BLDG 7 & COMMON ELEMENTS
  • Tax Lot: 0
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 34251608000070000A0
  • Water Access: No
  • Water Extras: No
  • Zoning: MF1
  • Living Area: 1044
Property and Assessments
  • Year Built Numeric: 1973
  • Building Elevator: No
  • Flood Zone Code: X
  • Flood Zone Date: 06-05-2020
  • Flood Zone Panel: 12101C0189G
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 16
  • Public Survey Section: 34
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Other
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Other
  • Heating: Central
  • Interior Features: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
  • Laundry Features: Inside, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 8.0
  • Water View: No
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 1
  • Pets Allowed: No

Property History for 7040 Cognac Drive, Unit 1

DateEvent & SourcePriceAppreciation
Jan 11, 2026

Listed (Active)

MFRMLS #TB8463392

$148,000—
Aug 10, 2025

Expired

MFRMLS #TB8348937

$148,000—
Feb 11, 2025

Listed (Active)

MFRMLS #TB8348937

$148,000—
Oct 18, 2021

Sold (Public Record)

Public Record #1475163790

$70,000—
DateEvent & SourcePrice
01/11/2026

Listed (Active)

MFRMLS #TB8463392

$148,000
08/10/2025

Expired

MFRMLS #TB8348937

$148,000
02/11/2025

Listed (Active)

MFRMLS #TB8348937

$148,000
10/18/2021

Sold (Public Record)

Public Record #1475163790

$70,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7040 Cognac Drive, Unit 1

Taxable ValueLand$4,800Additions$80,692Total$85,492
Tax Record2025$1,648 ($137 / month)
Home Facts
Beds0Total Finished SqFt1,044 SqFtAbove Grade Finished SqFt1,044 SqFtStories1Lot Size1,272,620 SqFtStyleCondominiumYear Built1973Zoning0MF1CountyPASCOAPN34-25-16-0800-00700-00A0

Schools near 7040 Cognac Drive, Unit 1

This home is within Pasco.
Rating
School
Type
Grades
Distance
Calusa Elementary School
Public - PK to 5
Chasco Middle School
Public - 6 to 8
Gulf High School
Public - 9 to 12
Marchman Technical Education Center
Public - 9 to 12
Rating
School
Distance
Calusa Elementary School
PublicPK to 5

Chasco Middle School
Public6 to 8

Gulf High School
Public9 to 12

Marchman Technical Education Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7040 Cognac Drive, Unit 1, New Port Richey, FL 34653

7040 Cognac Drive, Unit 1 is a condo for sale in New Port Richey, FL 34653. This property was listed for sale on January 11, 2026 by LOKATION, it's currently listed at $148,000. It has been on the market for a total of 22 days and was last sold on October 18, 2021. This listing's school district is Pasco. Nearby schools include Calusa Elementary School, Chasco Middle School and Gulf High School. 7040 Cognac Drive, Unit 1 is a 2-bed, 2-bath, 1,044 sqft condo built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LOKATION, Linda Axiotis

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/19/2026 12:23 PM