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2929 Penrose Lane, 
Lathrop, CA 95330

$840,000


5

Beds


5

Baths


3,176

Sq Ft


Single Family

Active

Listed by

Natchathra Partheepan

Star Real Estate

Last updated:

October 3, 2026, 03:50 PM

MLS#

226111855

Source:

MFMLS

About This Home

2929 Penrose Lane

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.

Home Facts

Single Family

5 Baths

5 Bedrooms

Built in 2023

Price Summary

840,000

$264 per Sq. Ft.

MLS #:

226111855

Last Updated:

October 3, 2026, 03:50 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

3,176 Sq. Ft.


Structure

Structure

Year Built:

2023


Lot

Lot Size (Sq. Ft):

9,060


Finances & Disclosures

Finances

Price:

$840,000

Price per Sq. Ft:

$264 per Sq. Ft.

MLS Logo
MetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: October 3, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules.
See this home in person
2929 Penrose Lane
Attend an upcoming open house
Sun, Oct 4
02:00 PM - 04:00 PM

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.