2929 Penrose Ln, Lathrop, CA 95330

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.