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Sold for $650,000 on 05/28/25
  • $650,000

    2040 Underwood Ln, Zephyrhills, FL 33540

    2beds
    1,216sqft
    Single Family Residence
    Built in 1985
    10 Acres Lot
    $639,300 Zestimate®
    $535/sqft
    $1,956 Estimated rent

    Home value

    $639,300

    $582,000 - $703,000

    $1,956/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: June 09, 2025 at 06:36pm

    Listing Provided 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#: TB8348511MLS LogoOriginating 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 & neighborhood

    Location
    • Region: Zephyrhills
    • Subdivision: CRYSTAL SPGS COLONY FARMS

    HOA & financial

    HOA
    • Has HOA: No
    Other fees
    • Pet fee: $0 monthly
    Other financial information
    • Total actual rent: 0

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Gravel

    Price history

    DateEventPrice
    5/28/2025Sold$650,000-6.5%$535/sqft
    Source: Stellar MLS #TB8348511
    3/26/2025Pending sale$695,000$572/sqft
    Source: Stellar MLS #TB8348511
    2/28/2025Listed for sale$695,000$572/sqft
    Source: Stellar MLS #TB8348511
    2/24/2025Pending sale$695,000$572/sqft
    Source: Stellar MLS #TB8348511
    2/13/2025Listed for sale$695,000+256.4%$572/sqft
    Source: Stellar MLS #TB8348511

    Public tax history

    YearProperty taxesTax 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%

    Find assessor info on the county website

    Neighborhood: 33540

    Nearby schools

    GreatSchools rating
    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

    $639,300

    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

    $639,300