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2505 Mulholland Dr, Lathrop, CA 95330, Lathrop, 95330 - 5 bed, 4 bath

2505 Mulholland Dr, Lathrop, CA 95330 home-pic-0
ACTIVE$930,000$3,261/sqft
Est. Value: $879,626
-5%
AboveEstimate
2505 Mulholland Dr, Lathrop, CA 95330
5Beds
4Baths
3,261Sqft
5,602Lot

Price Vs. Estimate

The estimated value ($879,626.265) is $50,373.735 (5%) lower than the list price ($930,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Modern Design: Built in 2024, this home features an impressive entry with soaring ceilings, abundant natural light, and custom window coverings throughout, offering a contemporary and move-in ready experience.
Top Cons:
Smaller Lot Size: With a lot size of 5602 sqft for a 3261 sqft home, the yard is described as 'low-maintenance,' suggesting limited private outdoor space beyond the covered California room, which may not appeal to buyers desiring a larger traditional yard.

Compared to the nearby listings

Price:$930.0K vs avg $645.0K (+$285,000)92%
Size:3,261 sqft vs avg 2,286 sqft87%
Price/sqft:$285 vs avg $29244%

More Insights

Built in 2024 (2 years old).
Condition: This property was built in 2024, making it brand new. The kitchen features modern white shaker cabinets, quartz countertops, new Whirlpool stainless steel appliances, and contemporary pendant lighting. Bathrooms are equally pristine with modern vanities, fixtures, and a luxurious soaking tub in the primary suite. Flooring consists of new wood-look laminate and fresh carpet. All systems, including the visible AC unit and owned solar, are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2024
Close
-
List price
$930K
Original List price
-
Price/Sqft
$285
HOA
$0
Days on market
-
Sold On
-
MLS number
41121163
Home ConditionExcellent
Features
Patio
View-

About this home

Built in 2024 in the sought after River Islands community, this stunning home blends modern living with exceptional comfort. An impressive entry welcomes you with soaring ceilings and abundant natural light. The main level features a bedroom with full bath, a formal dining room, and an open kitchen to family room layout ideal for everyday living and entertaining. The chef’s kitchen offers quartz counters, Whirlpool appliances, large island, generous cabinetry, and a walk-in pantry. A 3 car tandem garage and owned solar add convenience and value. Upstairs, a spacious loft anchors the well designed second floor. The expansive primary suite features a soaking tub, split vanities, and dual walk-in closets. In addition to two secondary bedrooms upstairs, an en-suite bedroom provides a private retreat for guests or multigenerational living. Laundry room with cabinetry and custom window coverings throughout complete the interior. Enjoy California indoor outdoor living with the covered California room and low-maintenance yard. River Islands offers picturesque riverfront trails perfect for walking and biking, a baseball park facility, community boathouse with bocce and sand volleyball courts, and numerous neighborhood parks all within walking distance to schools and recreation.

J
Jon Ahern
Listing Agent

Price History

Date
Event
Price
05/15/24
Sold
$967,500
Condition Rating
Excellent
This property was built in 2024, making it brand new. The kitchen features modern white shaker cabinets, quartz countertops, new Whirlpool stainless steel appliances, and contemporary pendant lighting. Bathrooms are equally pristine with modern vanities, fixtures, and a luxurious soaking tub in the primary suite. Flooring consists of new wood-look laminate and fresh carpet. All systems, including the visible AC unit and owned solar, are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Brand New Construction & Modern Design: Built in 2024, this home features an impressive entry with soaring ceilings, abundant natural light, and custom window coverings throughout, offering a contemporary and move-in ready experience.
Premier Community & Amenities: Located in the highly sought-after River Islands community, residents benefit from picturesque riverfront trails, a baseball park, community boathouse, and numerous neighborhood parks, all within walking distance to schools and recreation.
Energy Efficiency & Cost Savings: The property includes owned solar panels, contributing to significant energy savings, and notably has no association fees, reducing overall monthly housing costs.
Versatile & Spacious Floor Plan: The layout offers exceptional flexibility with a main-level bedroom and full bath, a formal dining room, an open-concept kitchen/family room, a spacious upstairs loft, and an additional en-suite bedroom, ideal for multi-generational living or guests.
Gourmet Kitchen & Luxurious Primary Suite: A chef's kitchen boasts quartz counters, Whirlpool appliances, a large island, generous cabinetry, and a walk-in pantry. The expansive primary suite features a soaking tub, split vanities, and dual walk-in closets for ultimate comfort.

Cons

Smaller Lot Size: With a lot size of 5602 sqft for a 3261 sqft home, the yard is described as 'low-maintenance,' suggesting limited private outdoor space beyond the covered California room, which may not appeal to buyers desiring a larger traditional yard.
Recent Price Reduction: The current list price of $930,000 is lower than the previous sale price of $967,500, which could prompt questions from potential buyers regarding market adjustments or perceived value.
Unspecified Cooling System: While a modern home, the description does not explicitly mention a central air conditioning system, which is a crucial amenity for comfort in Lathrop's hot climate and a common expectation for new builds.
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