Neighborhood · Venice, Florida
Pennington Place
A quiet gated pocket in the heart of Venice
1
Homes for sale
$324,900
Median list price
$238
Avg price / sqft
74
Median days on market
Pennington Place is a small gated community in Venice, the kind of low-key enclave that trades flash for calm — modest single-family homes, a manageable footprint, and easy reach to everything that makes this stretch of Sarasota County appealing. Families here are zoned for Englewood Elementary School, Venice Middle School, and Venice Senior High School, and the location keeps you close to the broader run of Venice homes for sale and nearby communities like West Villages and Sarasota National.
For a buyer today, this is a thin market — there's currently just one active listing at $324,900, so you're working with limited choice and need to move deliberately when the right home appears. Over the past year 13 homes sold at a median of $360,000, with sellers pulling in about 96% of asking, which tells you the pricing here is realistic rather than aggressive. Homes tend to sit a while — a median of 74 days on market — so patient buyers have room to negotiate. Check the live map to see what's available right now.
Pennington Place is a community in Venice, Florida.
Quick facts
$324,900 – $325K price range
1,366 sqft median home
$307/mo median HOA
13 sold in 12 months
On the market now
Homes for sale in Pennington Place
Every active listing inside the Pennington Place boundary
Open full map search →Find your fit
Browse Pennington Place
By feature — on the live map
The numbers that matter
The Pennington Place market
13
Sold, last 12 months
$360,000
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
62 days
Median time to sell
Pennington Place vs Venice
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 15.2% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Pennington Place boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Pennington Place is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Pennington Place home
≈ $2,422/mo
$324,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$307/mo
Median HOA
From current listings inside the boundary
Population
216
Median age
68
Median income
$85,515
Median home value
$347,700
Beyond the listings
Living in Pennington Place
Hobbies & Interests
Top 15% in the U.S.Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Active
Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Culture
Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Hobbies & Interests
Dog Lovers
Pups are just another member of the family. Dog lovers adore their tail-wagging friends and are looking for new ways to make them happy.
Relationships
Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Relationships
Love & Romance
Love is in the air when this population is present. Includes people expressing their feelings for significant others in special ways. Common activities include anniversaries and date nights.
Straight answers
Pennington Place FAQs
Is Pennington Place a good place to live?+
It suits buyers who want a quiet, gated setting without a resort-scale price tag. The community is small and low-traffic, and it's zoned for well-regarded Venice schools like Venice Senior High School. If you value calm and location over a long amenity list, it's a strong fit.
Is Pennington Place expensive?+
Not by Venice standards — the current active listing is priced at $324,900 and homes have sold at a $360,000 median over the past year. At roughly $238 per square foot, it's more attainable than many gated communities in the region, such as Sarasota National.
What do homes cost in Pennington Place?+
The one home on the market right now is listed at $324,900, and the median sold price over the last 12 months was $360,000. With a typical home around 1,366 square feet, you're generally looking in the low-to-mid $300s for the area's standard single-family layout.
How is the market in Pennington Place?+
It's a low-inventory, steady market — just one active listing against 13 sales in the past year. Homes take a median of 74 days to sell and sellers net about 96% of asking, so buyers have some negotiating room while sellers hold reasonable ground. Compare it against nearby options like West Villages before you commit.
What about HOA fees and property taxes?+
The median HOA runs about $307 per month, which covers the gated community's shared upkeep. Property taxes are modest at a median of roughly $2,314 per year, keeping the overall carrying cost reasonable for a gated Venice home.
Keep exploring
More Venice neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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