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1847 Outrigger Lane, Lathrop, CA 95330, Lathrop, 95330 - 5 bed, 5 bath

1847 Outrigger Lane, Lathrop, CA 95330 home-pic-0
ACTIVE$978,000$4,065/sqft
Est. Value: $988,613
1%
FairlyEstimate
1847 Outrigger Lane, Lathrop, CA 95330
5Beds
5Baths
4,065Sqft
8,010Lot

Price Vs. Estimate

The estimated value ($988,613.03) is $10,613.03 (1%) lower than the list price ($978,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern & Nearly New Construction: Built in 2020, this home offers contemporary design, open-concept living, and a modern kitchen, requiring minimal immediate updates.
Top Cons:
Significant Price Appreciation: The current list price of $978,000 represents a substantial increase from the $850,000 sale in November 2022, which may lead to buyer scrutiny regarding market value and potential overpricing.

Compared to the nearby listings

Price:$978.0K vs avg $645.0K (+$333,000)92%
Size:4,065 sqft vs avg 2,286 sqft96%
Price/sqft:$241 vs avg $29223%

More Insights

Built in 2020 (6 years old).
Condition: This property, built in 2020, is nearly new and presents in excellent condition. The kitchen features modern dark shaker cabinets, granite countertops, a white subway tile backsplash, and high-end stainless steel built-in appliances. All bathrooms are updated with contemporary dark vanities, white countertops, modern fixtures, and a mix of glass-enclosed showers and a freestanding tub in the primary suite. Flooring consists of modern wood-look planks and clean, plush carpeting. All components appear virtually new, meeting current quality standards with no visible deferred maintenance or physical depreciation.
Year Built
2020
Close
-
List price
$978K
Original List price
-
Price/Sqft
$241
HOA
$0
Days on market
-
Sold On
-
MLS number
226001834
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

*** Buyer Incentive! $10,000 *** - Buy down your interest rate, apply it to your closing cost or both. The choice is yours! Welcome to this stunning, nearly new 5-bedroom, 4.5-bath corner lot home in the highly sought-after River Islands community. With 4,065 sq ft of beautifully designed living space on an 8,010 sq ft lot, this home offers the perfect blend of comfort, space, and family-friendly living. The thoughtfully designed floor plan features both a primary suite and guest suite on the main level, ideal for multigenerational living or long-term guests. Enjoy bright, open-concept living with a spacious great room, modern kitchen, and generous dining areaperfect for everyday living and entertaining. Upstairs offers additional bedrooms, a large loft, and flexible space for work or play. The expansive backyard provides endless possibilities for outdoor enjoyment. Located in River Islands, known for its scenic lakes, top-rated schools, parks, and miles of walking trails. No HOA. A rare opportunity to own a large, modern home in one of Lathrop's most desirable neighborhoods!

A
Angad Bhullar
Listing Agent

Price History

Date
Event
Price
11/29/22
Sold
$850,000
05/29/20
Sold
$635,000
Condition Rating
Excellent
This property, built in 2020, is nearly new and presents in excellent condition. The kitchen features modern dark shaker cabinets, granite countertops, a white subway tile backsplash, and high-end stainless steel built-in appliances. All bathrooms are updated with contemporary dark vanities, white countertops, modern fixtures, and a mix of glass-enclosed showers and a freestanding tub in the primary suite. Flooring consists of modern wood-look planks and clean, plush carpeting. All components appear virtually new, meeting current quality standards with no visible deferred maintenance or physical depreciation.
Pros & Cons

Pros

Modern & Nearly New Construction: Built in 2020, this home offers contemporary design, open-concept living, and a modern kitchen, requiring minimal immediate updates.
Multigenerational Floor Plan: The thoughtfully designed layout includes both a primary suite and a guest suite on the main level, ideal for accommodating multigenerational families or long-term guests.
Prime River Islands Location: Located in the highly sought-after River Islands community, known for its scenic lakes, top-rated schools, parks, and extensive walking trails, enhancing lifestyle and desirability.
Generous Space & Corner Lot: With 4,065 sq ft of living space on an 8,010 sq ft corner lot, the property provides ample room for family living, entertaining, and enhanced privacy.
Financial Incentives & No HOA: A significant $10,000 buyer incentive (for rate buy-down or closing costs) combined with the absence of HOA fees offers substantial financial benefits and flexibility.

Cons

Significant Price Appreciation: The current list price of $978,000 represents a substantial increase from the $850,000 sale in November 2022, which may lead to buyer scrutiny regarding market value and potential overpricing.
Undeveloped Backyard: While described as 'expansive,' the backyard appears to be a blank canvas, implying potential buyers will incur additional costs and effort for landscaping and outdoor development.
Unusual Listing Date Anomaly: The 'on_market_date' and 'price_change_date' are listed in the future (2026), which is an unusual data anomaly that could cause confusion or require clarification from the listing agent.
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