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Builder says ready now

The Estates II · Lennar · Land O' Lakes, FL

22406 Pleasant Morning Drive

Raleigh plan

$420,990

5 bd · 2.5 ba · 2,896 sqft

Buyer leverage

4 observable signals

  • Published incentive availablePublic builder source verified
  • 5 community price cuts in 30 days
  • Builder says move-in ready
  • 6 quick move-ins currently observed0 ready now

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 Raleigh plan

See the plan on Lennar
Total floor area · 2,896 sqft20 ft

Specification

Plan
Raleigh
Total area
2,896 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

Not enough history yet.

Current

$420,990

Since first observed

No net change

Price changes

0

0 cuts

Tracked

0 days

since Aug 25, 2026

  1. First seen

    $420,990

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 3.99% (7.183% APR) and Receive up to a $25,000 price reduction or 1 year HOA and CDD fees paid

Applies across all Lennar communities

Publicly verified

Limited-Time Savings on New Homes

Full terms

¹ This promotional FHA 5/1 Adjustable-rate mortgage remains fixed at 3.99% (7.183% APR) for the first FIVE years of your loan. Starting in year SIX, the rate will adjust once a year based on index changes. Offers available on select new homes in the greater Tampa area if buyer signs a purchase agreement between 08/24/26 and 08/30/26 and closes by 11/30/26. APR achieved by Lennar paid discount points. Interest rate offer requires financing through Lennar Mortgage, LLC. ¹ This promotional FHA 5/1 Adjustable-rate mortgage remains fixed at 3.99% (7.183% APR) for the first FIVE years of your loan. Starting in year SIX, the rate will adjust once a year based on index changes. 1,2,3 Offer available on select new homes in the greater Tampa area if buyer signs and delivers a purchase agreement between 08/24/26 and 08/30/26 and closes and fully funds on or before the date specified in the purchase agreement. Offer may not be combined with any other existing promotions. 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. ¹ Information is based on home price of $477,685. 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. 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. 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. Offer requires financing through Lennar Mortgage, LLC, but use of Lennar Mortgage, LLC is not required to purchase a home (See Affiliated Business Arrangement Disclosure).https://mcv0gwmvppxkjtntxgnb0-0xn53y.pub.sfmc-content.com/2wss1jvor1f Lennar Mortgage, LLC – NMLS # 1058, Mortgage Lender/Servicer License # MLD549. ² Up to $25,000 price reduction is valid towards sales price. Prices listed above reflect reductions. Not all homesites or communities will qualify for a price reduction. See a New Home Consultant for additional information. 3 Seller to pay twelve (12) months of regular assessments payable directly to the neighborhood association and will be based on current budget amount for the homesite at the time of closing (not to exceed $7,036.44). Exclusions apply. See a New Home Consultant for additional information. Offer subject to seller contribution limits which if exceeded, will affect the maximum mortgage amount available. Subject payment does not include changes in budget after close of escrow. Excludes special, one time or other fees assessed/imposed by the association. The amount of any credit provided must be shown on the Seller’s Closing Disclosure at closing. 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. 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. 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, the Lennar Mortgage logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Seller’s Broker: Lennar Realty, Inc. Construction License: CGC1535933. Date 08/26

Expires Aug 30Verified Aug 25, 2026View builder terms

Offer history

  1. Offer appeared

    No figure published

    Take advantage of a Promotional FHA 5/1 ARM Rate of 3.99% (7.183% APR) and Receive up to a $25,000 price reduction or 1 year HOA and CDD fees paid · Rate buydown · builder-wide

    Builder’s page
  2. Offer withdrawn

    No figure published

    Take advantage of a Promotional FHA 5/1 ARM Rate of 3.99% (7.196% APR) and Receive up to a $30,000 price reduction · Rate buydown · builder-wide

    Builder’s page
  3. Offer appeared

    No figure published

    Take advantage of a Promotional FHA 5/1 ARM Rate of 3.99% (7.196% APR) and Receive up to a $30,000 price reduction · Rate buydown · builder-wide

    Builder’s page

Dated from when we observed each change, not when the builder made it.

Community context

The Estates II

Land O' Lakes, FL · Lennar

Available now

6

of 7 offered here

Ready now

0

Cuts, 30 days

5

Median asking

$424,740

Median $/sqft

$142/sqft

this home $145/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.

Lot 15037572209 · Harrisburg

Builder says ready now

$337,490

Size
1,817 sqft
$/sqft
$186/sqft
Price change
↓ $13k
Lot 15037572207 · Hartford

Builder says ready now

$347,490

Size
1,936 sqft
$/sqft
$179/sqft
Price change
↓ $11k

Lot 15037572203 · Raleigh

This home

$420,990

Size
2,896 sqft
$/sqft
$145/sqft
Price change
No net change
Lot 15037572208 · Richmond

Builder says under construction

$428,490

Size
3,092 sqft
$/sqft
$139/sqft
Price change
↓ $16k
Lot 15037573828 · Richmond

Builder says under construction

$428,990

Size
3,092 sqft
$/sqft
$139/sqft
Price change
↓ $16k
Lot 15037572210 · Trenton

Builder says under construction

$443,490

Size
3,326 sqft
$/sqft
$133/sqft
Price change
↓ $10k

Recent activity in The Estates II

  1. New incentiveTake advantage of a Promotional FHA 5/1 ARM Rate of 3.99% (7.183% APR) and Receive up to a $25,000 price reduction or 1 year HOA and CDD fees paid

    Lennar incentive

  2. Removed from builder site

    Lot 15037573818 · Raleigh

    Lot 15037573818 · Raleigh

    The Estates II · Lennar

    Available · Land O' Lakes

    $427,490

    Last observed

    5 bd2.5 ba2,896 sqft

    No longer on the builder site

  3. Price cut$450,190 → $428,990

    Lot 15037573828 · Richmond

    Lot 15037573828 · Richmond

    The Estates II · Lennar

    Available · Land O' Lakes

    $428,990

    Current asking

    6 bd3 ba3,092 sqft
    View home
  4. Price cut$458,590 → $443,490

    Lot 15037572210 · Trenton

    Lot 15037572210 · Trenton

    The Estates II · Lennar

    Available · Land O' Lakes

    $443,490

    Current asking

    6 bd3 ba3,326 sqft
    View home
  5. Price cut$449,190 → $428,490

    Lot 15037572208 · Richmond

    Lot 15037572208 · Richmond

    The Estates II · Lennar

    Available · Land O' Lakes

    $428,490

    Current asking

    6 bd3 ba3,092 sqft
    View home