2929 Penrose Lane, Lathrop, CA 95330

$840,000
5
BD
5
BA
3,176
SqFt

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List Price
$840,000
MLS#
226111855
Status
ACTIVE
Bedrooms
5
Bathrooms
5
Living Sq. Ft
3,176
Square Footage
3176
Type
Single Family Residential
Zip
95330
City
Lathrop

Property Description

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.

Additional Information

Land Area (Acres)
0.20800000000000002
Year Built
2023
Subtype
Single Family Residence
Subtype Description
Detached
Construction
Stucco, Wood
Foundation
Concrete
Stories
2
Garage Spaces
2
Garage
Attached
Baths Other
Tile, Tub, Tub w/Shower Over
Floor Coverings
Luxury Vinyl Plank
Laundry Description
Inside Room
Dining Description
Formal Room
Kitchen Description
Quartz Counter, Island
Cooling
Central
Heat
Central
Water
Public
Utilities
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Star Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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