
Lathrop, CA 95330
This Income-Producing Single Family Residence is a Strong Value Opportunity, listed at $840,000—positioned well above the $832,169 Fair Market Value by approximately 0.9%. While priced slightly above market, the property offers a Mint Condition Rating and a unique 450 sq. ft. ADU that generates immediate rental income. With a 9,062 sq. ft. lot and proximity to EPIC Charter K-8, this home provides a rare blend of lifestyle utility and financial flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, multi-generational living solution.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2929 Penrose Ln Subject 5 bd · 5 ba · 3,176 sqft · $256 | $798,000* List Price | 5 | 5 | 3,176 | $256 | - |
A 2995 Middlebury Drive Sold 4 bd · 4 ba · 3,002 sqft · $266 · 0.2 mi | $800,000 | 4 | 4 | 3,002 | $266 | 0.2 mi |
B 2505 Mulholland Drive Sold 5 bd · 5 ba · 3,261 sqft · $235 · 0.3 mi | $765,000 | 5 | 5 | 3,261 | $235 | 0.3 mi |
C 3175 Scott Edwards Lane Sold 4 bd · 4 ba · 2,842 sqft · $245 · 0.4 mi | $695,900 | 4 | 4 | 2,842 | $245 | 0.4 mi |
D 17026 Tupper Street Sold 4 bd · 3 ba · 2,373 sqft · $278 · 0.2 mi | $659,900 | 4 | 3 | 2,373 | $278 | 0.2 mi |
E 3187 Scott Edwards Lane Sold 4 bd · 4 ba · 2,617 sqft · $275 · 0.4 mi | $720,000 | 4 | 4 | 2,617 | $275 | 0.4 mi |
F 2705 Enslen Ave Sold 5 bd · 5 ba · 3,488 sqft · $281 · 0.7 mi | $980,000 | 5 | 5 | 3,488 | $281 | 0.7 mi |
G 3267 Talbot Drive Sold 4 bd · 4 ba · 3,175 sqft · $309 · 0.3 mi | $980,000 | 4 | 4 | 3,175 | $309 | 0.3 mi |
H 3133 Benetti Street Sold 4 bd · 3 ba · 2,373 sqft · $284 · 0.2 mi | $675,000 | 4 | 3 | 2,373 | $284 | 0.2 mi |
I 3039 Paxton Ct Active 5 bd · 5 ba · 3,619 sqft · $276 · 0.1 mi | $999,999 List Price | 5 | 5 | 3,619 | $276 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is less than 10 years old and in mint condition. The interior features a modern open-concept kitchen with quartz countertops, contemporary well-appointed bathrooms, and energy-efficient solar systems, requiring absolutely no maintenance.
The property includes a separate, 450 sq. ft. rented ADU with a private entrance, providing immediate rental income and versatile options for multi-generational living or a home office.
Situated on a generous 9,062 sq. ft. lot, this property offers significantly more outdoor space than typical newer builds in River Islands, featuring a fully finished backyard ready for entertaining.
Located directly across from EPIC Charter K-8 School and within walking distance of River Islands High School, the home offers unparalleled convenience for families with school-aged children.
The home's position directly across from a K-8 school likely results in high levels of noise and significant traffic congestion during morning drop-off and afternoon pick-up hours.
The current list price of $840,000 is $40,000 lower than the property's 2023 sale price of $880,000, reflecting a downward trend in the home's short-term market valuation.
RARE RIVER ISLANDS HOME LARGE LOT, PRIVATE ADU WITH RENTAL INCOME & ATTRACTIVE PRICE! Located directly across from EPIC Charter K-8 School and within walking distance of River Islands High School, this beautifully upgraded 2023-built home offers an exceptional combination of location, space, and value. The main home features approximately 3,176 sq. ft., 5 bedrooms, and 4.5 bathrooms, plus a separate 450 sq. ft. ADU with 1 bedroom, 1 bathroom, and a private entrance that is already rented and generating income. The ADU offers immediate rental income while also providing flexibility for extended family, guests, or a private workspace. Set on an approximately 9,062 sq. ft. lot, the property offers an unusually generous amount of outdoor space for a newer River Islands home. The fully finished backyard is ready for entertaining, relaxing, gardening, play, or additional storage, with potential for future improvements subject to applicable requirements. Inside, the home features a spacious, open floor plan with thoughtful upgrades throughout. The kitchen showcases quartz countertops, generous cabinetry, and a functional layout designed for everyday living and entertaining. Spacious bedrooms and well-appointed bathrooms provide comfort throughout the home. Solar helps reduce energy costs, adding another practical benefit for the next homeowner. Enjoy the River Islands lifestyle with nearby lakes, parks, trails, and recreational amenities, while having two schools exceptionally close to home. A newer 5-bedroom home, income-producing ADU, oversized lot, finished backyard, solar, and an outstanding school location all at an attractive price. A rare combination of value and flexibility in River Islands.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,176 | 2,381.483 |
| Lot Size | 9,060 | 5,787.427 |
| Price | $798.0K | $673.6K |
| Price per sq ft | $251 | $277 |
| Built year | 2023 | 2021 |
| HOA | $0 | $181 |
| Days on market | 51 | 89 |
Oct 20, 2026
$798,000
$812,000
-2% Price Drop
Initial Listing
Oct 10, 2026
$812,000
$840,000
-3% Price Drop
Initial Listing
Sep 23, 2026
$840,000
Initial Listing
Feb 24, 2023
$880,000
Public Record