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MarketPhoenix, AZ

River Ridge Townes

by Lennar · Charlotte, NC · Charlotte & Mecklenburg County

Market snapshot

Current builder-published inventory and asking-price activity in this community.

Quick move-ins

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Ready now

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Cuts, 30 days

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Price range

Median asking

Median $/sqft

Source: Lennar

Current incentives

Rate buydown

Take Advantage of a Promotional FHA 5/1 ARM Rate of 3.990% (7.071% APR)

Applies across all Lennar communities

Publicly verified

Limited-Time Savings on New Homes

Full terms

¹ This 5/1 Adjustable-rate mortgage remains fixed at 3.990% (7.071% APR) for the first FIVE years of your loan. Starting in year SIX, the rate will adjust once a year based on index changes. Offer available when you sign a purchase agreement on a select new home in the greater Charlotte area between 08/17/26 and 08/23/26 and close by 10/27/26. Interest rate offer requires financing through Lennar Mortgage, LLC ¹ Offer available on select new homes in the greater Charlotte, NC area if buyer signs and delivers a purchase agreement between 08/17/26 and 08/23/26 and closes and fully funds on or before 10/27/26. Information based on a home price of $320,000. Specific terms apply and buyer is subject to qualification that includes, but not limited to, a minimum of 3.5% down, a minimum credit score of 680, owner occupancy requirements, FHA Maximum loan limits and/or any changes in investor guidelines or programs. Limited funds are available; rate(s) may change or not be available at the time of loan commitment, lock-in or closing if funds are exhausted. Not an offer to enter into an interest rate or discount point agreement and any such agreement may only be made in writing signed by both the borrower and the lender. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions. Certain incentives could affect the loan amount. Lennar reserves the right to change or withdraw any offer at any time. Offer requires financing through seller’s affiliate Lennar Mortgage, LLC but use of Lennar Mortgage, LLC is not required to purchase a home ( See Affiliated Business Arrangement Disclosure ). Lennar Mortgage, LLC - NMLS # 1058. Charlotte Sales Center Branch NMLS #1726680. Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. Prices do not include closing costs and other fees to be paid by buyer (including a builder fee, if applicable, as described in the purchase agreement) and are subject to change without notice. Sq. ft. is estimated; actual sq. ft. will differ. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2026 Lennar Corporation and Lennar Mortgage, LLC. All rights reserved. Lennar, the Lennar logo, Lennar Mortgage and the Lennar Mortgage logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Seller’s broker(s): Lennar Sales Corp. Date 08/26

Expires Aug 23Last verified Aug 19, 2026View builder terms

Community activity

  1. New incentiveTake Advantage of a Promotional FHA 5/1 ARM Rate of 3.990% (7.071% APR)

    Lennar incentive

Nearby new construction

Communities within 20 miles with overlapping published asking ranges where available. Distances use builder-published community coordinates.

CommunityBuilderDistanceQuick move-insMedian asking$/sqftCuts · 30d
Russell Grove - Rolling Hills SeriesMeritage Homes1.2 mi00
Russell Grove - Willows SeriesMeritage Homes1.2 mi00
Reedy Creek PreserveD.R. Horton1.2 mi10$439k$189/sqft1
Bailey RunMattamy Homes1.4 mi16$350k$202/sqft6
Cardinal CreekD.R. Horton2.3 mi11$435k$193/sqft0
Rocky River TownsMeritage Homes2.6 mi7$388k$249/sqft0

All homes · 0