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Builder says ready now

Crestwick · Lennar · Tracy, CA

2903 Penelope Street

Residence 4 plan

$850,137

5 bd · 3.5 ba · 3,267 sqft

Buyer leverage

4 observable signals

  • $195k published incentivePublic builder source verified
  • Builder says move-in ready
  • 4 quick move-ins currently observed0 ready now
  • First observed 9 days ago

Observed facts, not an appraisal or recommendation. Community comparisons reflect currently published inventory.

Image published by Lennar; it may depict this home, another home built to the plan, or a rendering.

Source: LennarLast checked 21 hours ago

The Residence 4 plan

See the plan on Lennar
Total floor area · 3,267 sqft20 ft

Specification

Plan
Residence 4
Total area
3,267 sqft
Bedrooms
5
Bathrooms
3.5
Storeys
Garage

Drawn by dwellmark.house from Lennar's published specification — not copied from their floor plan. Only the total area, the storey count and the number of garage bays are the builder's. Everything else is ours: the outline's proportions, the 10ft × 20ft standard bay the garage is drawn at, and, on a plan with more than one floor, an even split of the total area between them — builders publish the total, not the breakdown. Bedrooms and bathrooms are reported as counts rather than drawn, because the builder publishes how many there are and not where they sit. For the real plan, see Lennar.

Price history

Current

$850,137

Since first observed

No net change

Recorded price changes

0

0 reductions

Tracked

9 days

since Aug 11, 2026

  1. First seen

    $850,137

History reflects what dwellmark.house observed on the builder's public listing since Aug 11, 2026. It is not the builder's internal pricing record, and any change before that date is not shown.

Builder incentives

Rate buydown

Promotional FHA Fixed Rate 4.25% (4.992% APR) or Promotional Conventional Fixed Rate 4.75% (4.810% APR)

Applies across all Lennar communities

Publicly verified

Limited-Time Savings on New Homes

Full terms

Offer available when you sign a purchase agreement on a select new home in the greater Bay Area between 08/17/26 and 08/28/26 and close by 11/30/26. APR achieved by Lennar-paid discount points. Offer requires financing through Lennar Mortgage, LLC. ¹,² Offer available on select new homes in the greater Bay Area if buyer signs and delivers a purchase agreement 08/17/26 and 08/28/26 and closes and fully funds on or before 11/30/26. Offer valid toward either 1) FHA fixed rate or 2) Conventional fixed rate. Offer may not be combined with any other existing promotions. Information shown for a home price of $700,000 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. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. RMLA # 4130443. ¹ 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. ² Specific terms apply and buyer is subject to qualification that includes, but not limited to, a minimum of 20% down, a minimum credit score of 740, owner occupancy requirements and/or any changes in investor guidelines or programs. Features, amenities, floorplans, 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. 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, Everything’s Included, Lennar Mortgage and the Lennar Mortgage logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Lennar Sales Corp., CA DRE Broker #01252753 (Responsible Broker: Joanna Duke). BMR Construction, Inc., CA CSLB #830955. Lennar Homes of California, Inc., CA CSLB #728102. Date 08/26

Expires Aug 28Last verified Aug 19, 2026View builder terms

Price reduction

$195,000

Price reduction

Applies to this home

Publicly stated, conditional

Reduced from $1,045,137 to $850,137.

Last checked Aug 19, 2026View builder terms

The builder states this publicly but qualifies it — it may not apply to the home you want.

Offer history

What this builder has published and withdrawn on this home, its community and its whole lineup, since dwellmark.house started watching.

  1. Offer appeared

    No figure published

    Promotional FHA Fixed Rate 4.25% (4.992% APR) or Promotional Conventional Fixed Rate 4.75% (4.810% APR) · Rate buydown · builder-wide

    Builder’s page
  2. Offer appeared

    $195,000

    Price reduction · Price reduction · this home

    Builder’s page

Dated from when dwellmark.house observed each change, not from when the builder made it. An offer we never saw is not in this list.

Community context

Crestwick

Tracy, CA · Lennar

Quick move-ins

4

Ready now

0

Cuts, 30 days

0

Median asking

$770,459

Median $/sqft

$263/sqft

this home $260/sqft

These are medians of what is currently listed in this community, shown so you can place this home among its neighbours. Square footage, lot, view and finish vary between homes, so a difference in $/sqft is not by itself evidence that a home is over- or under-priced.

Compare current inventory

Side-by-side asking prices and published facts inside Crestwick. No winner is selected.

Lot 2885510106 · Residence 1

Builder says under construction

$729,233

Size
2,500 sqft
$/sqft
$292/sqft
Price change
No net change
Lot 2885510111 · Residence 2

Builder says ready now

$748,831

Size
2,877 sqft
$/sqft
$260/sqft
Price change
No net change
Lot 2885510076 · Residence 3

Builder says ready now

$792,087

Size
2,972 sqft
$/sqft
$267/sqft
Price change
No net change

Lot 2885510075 · Residence 4

This home

$850,137

Size
3,267 sqft
$/sqft
$260/sqft
Price change
No net change

Recent activity in Crestwick

  1. New home listed$729,233

    Lot 2885510106 · Residence 1

    Lot 2885510106 · Residence 1

    Crestwick · Lennar

    Available · Tracy

    $729,233

    Current asking

    4 bd2.5 ba2,500 sqft
    View home
  2. New home listed$748,831

    Lot 2885510111 · Residence 2

    Lot 2885510111 · Residence 2

    Crestwick · Lennar

    Available · Tracy

    $748,831

    Current asking

    5 bd3 ba2,877 sqft
    View home
  3. New incentivePromotional FHA Fixed Rate 4.25% (4.992% APR) or Promotional Conventional Fixed Rate 4.75% (4.810% APR)

    Lennar incentive

  4. New home listed$792,087

    Lot 2885510076 · Residence 3

    Lot 2885510076 · Residence 3

    Crestwick · Lennar

    Available · Tracy

    $792,087

    Current asking

    5 bd3.5 ba2,972 sqft
    View home
  5. New home listed$850,137

    Lot 2885510075 · Residence 4

    Lot 2885510075 · Residence 4

    Crestwick · Lennar

    Available · Tracy

    $850,137

    Current asking

    5 bd3.5 ba3,267 sqft
    View home