4224 Ellington Way, Lathrop, CA 95330, Lathrop, 95330 - 6 bed, 4 bath
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4224 Ellington Way
Lathrop, CA 95330
ACTIVE
CONDITION: EXCELLENT
6Beds
4Baths
3,397Sq Ft
5,550Lot Size
Property Price
LIST PRICE$1,035,000
EST. MARKET VALUE
$920,187
12% AboveMARKET VALUE
SUMMARY
This New Construction Single Family Residence is a High-Potential Investment Opportunity, listed at $1,035,000—positioned well above the $920,188 Fair Market Value by 12%. While the price reflects a premium for a 2026 build, the property offers an Excellent Condition Rating with modern open-concept living, a Lake View, and a versatile six-bedroom layout ideal for multi-generational needs. Its location in the River Islands community provides significant lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-end waterfront home.
Estimated Market Value
$920,187
Based on Realkey algorithm analyzing recent comparable sales in Lathrop.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4224 Ellington Way Subject | $1,035,000* List Price | 6 | 4 | 3,397 | $271 | - |
A 16488 Barnett Street Sold | $751,000 | 6 | 4 | 3,397 | $221 | 0.2 mi |
B 16512 Barnett Street Sold | $765,000 | 5 | 4 | 3,201 | $239 | 0.2 mi |
C 16496 Barnett Street Sold | $753,000 | 5 | 4 | 3,201 | $235 | 0.2 mi |
D 16528 Barnett Street Sold | $822,540 | 6 | 4 | 3,397 | $242 | 0.3 mi |
E 3612 Darnoch Ave. Sold | $830,000 | 5 | 5 | 3,243 | $256 | 0.8 mi |
F 16166 Poulson Street Sold | $885,000 | 4 | 3 | 3,094 | $286 | 0.2 mi |
G 16564 Barnett Street Sold | $775,000 | 5 | 4 | 3,201 | $242 | 0.3 mi |
H 3624 Darnoch Ave. Sold | $789,000 | 4 | 4 | 2,594 | $304 | 0.8 mi |
I 16504 Barnett Street Pending | $840,000 List Price | 6 | 4 | 3,465 | $242 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new construction (2026 completion) in mint condition. Features modern open-concept kitchen with large island, new HVAC/electrical systems, and contemporary finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Multi-Generational Layout
With six bedrooms including two on the main floor and a private en-suite, this floor plan is ideal for multi-generational living, guests, or a dedicated home office.
- Premium Waterfront Location
Situated in the River Islands community, the property offers desirable lake views and close proximity to local parks, significantly enhancing its lifestyle appeal and resale value.
- Modern New Construction Features
As a 2026 build, the home features contemporary open-concept design, 8-foot interior doors, a vaulted foyer, and energy-efficient systems typical of a top-tier builder.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 5,550 sqft lot is relatively compact for a nearly 3,400 sqft home, resulting in a smaller backyard space compared to the expansive interior living area.
- Construction Timeline
With a February completion date, the property is not suitable for buyers requiring immediate occupancy and may be subject to typical new-construction delivery shifts.
About 4224 Ellington Way
What's Special: Lake View | Two Bedrooms Down | Close to Park | Covered Patio | Loft. New Construction - February Completion! Built by America's Most Trusted Home Builder. Welcome to the Lily at 4224 Ellington Way in Paddlewheel at River Islands! This spacious two-story home is thoughtfully designed for modern living, offering six bedrooms, four bathrooms, a versatile loft, and covered patio. The open-concept main floor seamlessly connects the great room, dining area, and kitchen, creating an inviting space for entertaining. The kitchen features a large center island and walk-in pantry for added convenience. Two first-floor bedrooms provide flexibility, including a private bedroom with an en-suite bathroom, ideal for guests, or a home office. Upstairs, the expansive primary suite offers a relaxing retreat with a spacious bathroom and oversized walk-in closet. Three additional bedrooms, a shared bathroom, convenient laundry room, tech space, and large loft complete the second floor. Life on the lake awaits at Paddlewheel at River Islands. Additional Highlights Include: Pendant lights over kitchen island, 8' interior doors, interior door at primary bed to bath. MLS#ML82056021
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 5,550 Sq. Ft.
Interior
- Total Bedrooms
- 6
- 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 |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,397 | 2,350.422 |
| Lot Size | 5,550 | 5,470.406 |
| Price | $1.03M | $666.1K |
| Price per sq ft | $305 | $282 |
| Built year | 2026 | 2021 |
| HOA | $0 | $181 |
| Days on market | 41 | 87 |
Pricing History
Listed for Sale
Jul 30, 2026
$1,035,000
Initial Listing