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40661 Vanilla Orchid Loop #1045, Zephyrhills, FL, 33540

2beds
2baths
1,456sqft
$185,900
$128price/sqft
$1,335/moest. monthly cost
$53,400/yrincome needed

About This Home

COMING SOON! Currently under construction. Welcome to Forest Lake Estates, a 55+ age-qualified active and vibrant community, where your waterfront dream home is coming to life. We are excited to offer a stunning and brand new 2026 3 bed, 2 bath home for sale, featuring approximately 1460 sq ft of thoughtfully designed living space. Located in/near Zephyrhills, this soon-to-be-completed property will offer the perfect blend of modern design and timeless comfort. Construction is underway, and soon you'll be able to step inside and experience an open-concept floor plan, high ceilings, and an abundance of natural light. The chef's kitchen will be beautifully designed with features like stainless steel appliances, and custom cabinetry, ideal for both everyday living and entertaining. The spacious primary suite will serve as a relaxing retreat, complete with ensuite bathroom with dual vanities and walk-in shower. Additional bedrooms will provide flexibility for guests, a home office, or craft room. Residents enjoy access to a variety of premium amenities, including a resort-style pool, fitness center, clubhouse, miniature golf, shuffleboard, pickleball, tennis courts, and more. Conveniently situated near shopping, dining, major highways, parks, hospitals and Doctors, and award winning beaches; everything you need will be just minutes away. Now is the perfect time to secure your brand-new home and watch your vision take shape. Ask us about financing options. Contact us today for more information or to reserve your lot in Forest Lake Estates!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
2/10
Zephyrhills High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 2026

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Refrigerator,Microwave

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,456

Heating

  • Heating features: Electric

Interior Area

  • Total structure area: 1,456
  • Total interior livable area: 1,456 sqft

Property

Details

  • On leased land: Yes
  • Lease amount: 951

Features

  • On waterfront: Yes

Parking

  • Parking features: Carport
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Tornado
Cold Wave
Lightning
Wildfire
Tsunami

FEMA Declared Disasters in Pasco County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $940$11,280
Home Insurance *$71$852
Property Taxes $127$1,524
Electricity $197$2,366
Total$1,335$16,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,771/yr
40% on housing$40,050/yr
45% on housing$35,600/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$128This listing

vs Other Active Listings

Avg $/sqft

ZIP 33540$141
Pasco County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 33540$180
Pasco County$204

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$185,900

For Sale by Agent

AgentMellissa Mccloskey
BrokerageForest Lake Estates

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