Dream Modern · Lennar · Kannapolis, NC
655 Hot Springs Drive
Emerson II plan
$411,999
5 bd · 2.5 ba · 2,307 sqft
Buyer leverage
4 observable signals
- Published incentive availablePublic builder source verified
- 3 community price cuts in 30 days
- 7 quick move-ins currently observed0 ready now
- First observed today
Observed records, not appraisals or recommendations.

Builder image. May be a rendering or another home built to this plan.
Source: LennarChecked 1 hour ago
The Emerson II plan
See the plan on LennarSpecification
- Plan
- Emerson II
- Total area
- 2,307 sqft
- Bedrooms
- 5
- Bathrooms
- 2.5
- Storeys
- —
- Garage
- —
Drawn by dwellmark.house from Lennar’s published area, storeys and garage bays, not copied from their floor plan. The outline and the 10ft × 20ft bay are ours.
Price history
Current
$411,999
Since first observed
No net change
—
Price changes
0
0 cuts
Tracked
0 days
since Aug 25, 2026
First seen
$411,999
What we observed on the builder’s public listing; earlier changes are not shown.
Builder incentives
Rate buydown
Take Advantage of a Promotional FHA 5/1 ARM Rate of 3.990% (7.092% APR)
Applies across all Lennar communities
Limited-Time Savings on New Homes
Full terms
¹ This 5/1 Adjustable-rate mortgage remains fixed at 3.990% (7.092% 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 08/24/26 and 08/29/26 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 08/24/26 and 08/29/26 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
Offer history
Offer appeared
No figure published
Take Advantage of a Promotional FHA 5/1 ARM Rate of 3.990% (7.092% APR) · Rate buydown · builder-wide
Builder’s pageOffer withdrawn
No figure published
Take Advantage of a Promotional FHA 5/1 ARM Rate of 3.990% (7.071% APR) · Rate buydown · builder-wide
Builder’s pageOffer appeared
No figure published
Take Advantage of a Promotional FHA 5/1 ARM Rate of 3.990% (7.071% APR) · Rate buydown · builder-wide
Builder’s page
Dated from when we observed each change, not when the builder made it.
Community context
Kannapolis, NC · Lennar
Available now
7
of 9 offered here
Ready now
0
Cuts, 30 days
3
Median asking
$411,999
Median $/sqft
$179/sqft
this home $179/sqft
Medians of what is listed here today. Size, lot and finish vary, so a $/sqft gap is not evidence of over- or under-pricing.
Compare current inventory
Sorted by asking price. No winner is selected.
| Home | Asking | Sqft | $/sqft | Price change | Completion | Incentive |
|---|---|---|---|---|---|---|
| Lot 29008600233 · Crane II | $378,000 | 1,956 | $193/sqft | ↓ $6k | Builder says ready now | $14k |
| Lot 29008600234 · Dickenson II | $392,000 | 2,213 | $177/sqft | ↓ $2k | Builder says ready now | $15k |
| Lot 29008600224 · Dickenson II | $409,999 | 2,213 | $185/sqft | No net change | Builder says ready now | Published |
| Lot 29008600220 · Emerson IIThis home | $411,999 | 2,307 | $179/sqft | No net change | Builder says under construction | Published |
| Lot 29008600225 · Dickenson II | $411,999 | 2,213 | $186/sqft | No net change | Builder says ready now | Published |
| Lot 29008600222 · Emerson II | $412,999 | 2,307 | $179/sqft | No net change | Builder says under construction | Published |
| Lot 29008600235 · Frost II | $413,000 | 2,578 | $160/sqft | ↓ $13k | Builder says ready now | $13k |
Builder says ready now
$378,000
- Size
- 1,956 sqft
- $/sqft
- $193/sqft
- Price change
- ↓ $6k
Builder says ready now
$392,000
- Size
- 2,213 sqft
- $/sqft
- $177/sqft
- Price change
- ↓ $2k
Builder says ready now
$409,999
- Size
- 2,213 sqft
- $/sqft
- $185/sqft
- Price change
- No net change
Lot 29008600220 · Emerson II
This home
$411,999
- Size
- 2,307 sqft
- $/sqft
- $179/sqft
- Price change
- No net change
Builder says ready now
$411,999
- Size
- 2,213 sqft
- $/sqft
- $186/sqft
- Price change
- No net change
Builder says under construction
$412,999
- Size
- 2,307 sqft
- $/sqft
- $179/sqft
- Price change
- No net change
Builder says ready now
$413,000
- Size
- 2,578 sqft
- $/sqft
- $160/sqft
- Price change
- ↓ $13k
Recent activity in Dream Modern
- New incentiveTake Advantage of a Promotional FHA 5/1 ARM Rate of 3.990% (7.092% APR)
Lennar incentive
- Removed from builder site
Lot 29008600232 · Crane II

Lot 29008600232 · Crane II
Dream Modern · Lennar
Available · Kannapolis
$380,000
Last observed
4 bd2.5 ba1,956 sqftNo longer on the builder site
- New home listed$411,999
Lot 29008600220 · Emerson II

Lot 29008600220 · Emerson II
Dream Modern · Lennar
Available · Kannapolis
$411,999
Current asking
5 bd2.5 ba2,307 sqftView home - Price cut$425,999 → $413,000
Lot 29008600235 · Frost II

Lot 29008600235 · Frost II
Dream Modern · Lennar
Available · Kannapolis
$413,000
Current asking
5 bd3 ba2,578 sqftView home - Price cut$394,000 → $392,000
Lot 29008600234 · Dickenson II

Lot 29008600234 · Dickenson II
Dream Modern · Lennar
Available · Kannapolis
$392,000
Current asking
5 bd2.5 ba2,213 sqftView home