2803 Penrose Lane, Lathrop, CA 95330, Lathrop, 95330 - 4 bed, 4 bath
2803 Penrose Lane
Lathrop, CA 95330
Property Price
SUMMARY
Analysis of 2803 Penrose Lane, Lathrop, CA 95330 reveals a Fairly Priced Property with a current list price of $800,000 aligned with the estimated $800,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lathrop Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2803 Penrose Lane Subject | $800,000* List Price | 4 | 4 | 2,994 | $267 | - |
A 17064 Aldergrove Court Sold | $814,551 | 4 | 4 | 2,594 | $314 | 0.6 mi |
B 2363 Mozart Ave Sold | $700,000 | 4 | 3 | 2,761 | $254 | 0.4 mi |
C 1855 Marina Drive Sold | $730,000 | 4 | 4 | 3,337 | $219 | 0.9 mi |
D 17013 Aldergrove Court Sold | $819,000 | 4 | 4 | 2,594 | $316 | 0.6 mi |
E 3049 Benetti Street Sold | $800,000 | 4 | 3 | 2,842 | $281 | 0.3 mi |
F 2505 Mulholland Dr Active | $930,000 List Price | 5 | 4 | 3,261 | $285 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2021, making it virtually new (within 10 years). The description highlights extensive upgrades, including luxury vinyl plank flooring, a gourmet kitchen with stainless steel appliances, herringbone tile backsplash, waterfall-edge countertops, and an elegant master suite with a tiled shower and soaking tub. Images confirm a pristine, modern aesthetic with high-quality finishes and no signs of wear or deferred maintenance. All systems and components appear new and meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Modern & Spacious Living
Built in 2021, this home offers nearly 3,000 sq. ft. of contemporary living space with 4 bedrooms and 3.5 bathrooms, catering to modern family needs.
- Premium Upgrades & Finishes
The property boasts luxury vinyl plank flooring, an elegant master suite with a tiled shower and soaking tub, and a gourmet kitchen, reflecting high-quality craftsmanship and design.
- Advanced Smart Home & Eco-Friendly Features
Equipped with solar panels, a Culligan water system, Ring security cameras, and a pre-installed Tesla charger, enhancing convenience, security, and energy efficiency.
CONSRISKS & DEFICIENCIES
- Recent Price Reduction
The current list price of $800,000 is lower than its previous sale price of $845,500 in 2021, which may suggest market adjustments or initial overpricing.
- Limited Outdoor Space Details
While the lot size is provided, the description lacks specific information regarding landscaping, backyard amenities, or dedicated outdoor living areas, which can be important for buyers.
- Proximity to New School Development
Being directly across from a newly opening elementary school could lead to increased traffic, noise, and activity, which might not appeal to all prospective buyers.
About 2803 Penrose Lane
This stunning Lathrop home offers 4 bedrooms, 3.5 bathrooms, and nearly 3,000 sq. ft. (2,994) of spacious, modern living. Every detail has been thoughtfully upgradedfrom the luxury vinyl plank flooring throughout to the elegant master suite featuring a tiled shower and soaking tub. Enjoy premium features including a Culligan water system, solar panels, and Ring security cameras. The gourmet kitchen is a true showstopper, complete with a herringbone tile backsplash, stainless steel appliances, and a large island with waterfall-edge countertopsperfect for entertaining family and friends. Tesla owners will love the convenience of a pre-installed charger, and families will appreciate the new elementary school opening right across the street for the upcoming school year. Don't miss your chance to call this exceptional River Islands home your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 5,750 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 2,994 | 2,378 | 86% |
| Lot Size | 5,750 | 5,558 | 56% |
| Price | $800.0K | $694.0K | 84% |
| Price per sq ft | $267 | $299 | 25% |
| Built year | 2021 | 2022 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 149 | 197 | 19% |
Pricing History
Listed for Sale
Feb 4, 2026
$800,000
$825,000
-3% Price Drop
Initial Listing
Price Change
Oct 9, 2025
$825,000
Initial Listing
Sold
Oct 25, 2021
$845,500
Public Record