New Construction

Meridian Residence 2

Meridian - Lakeside Collection

Starting from

$765,880

Bedrooms

Bathrooms

2,445

Sq. Ft.

Car Garage

Home Details

Stories2

NeighborhoodMeridian

CollectionLakeside Collection

BuilderLennar

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New Construction Real Cost Calculator

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Home Purchase Details

Base Home Price

$400K$1.5M

Design Center Upgrades(cabinets, flooring, etc.)

$0$250K

Solar (Required on all new California homes)

Solar cost added to purchase price(enter $0 if included in base)

Typical solar system cost: $12,000 - $18,000 if not included

Leased solar instead - adds ~$200/mo to monthly payment

California Title 24 requires solar on all new homes. Ask your builder about their solar options.

Lot Premium(corner, view, cul-de-sac, etc.)

$0$150K

Loan Details

Down Payment

$159,176

5%50%

Interest Rate

4%9%

Property Tax Bill

Mello-Roos is added to your property tax bill as a line item

Property Tax Rate

0.8%1.2%

Annual Mello-Roos (CFD)varies by neighborhood

/year

$4,000$12,000

Monthly HOA(if applicable)

/month

$0$200

Most single-family homes in River Islands have low or no HOA fees

Total Purchase Price

$795,880

Base Price$765,880

Lot Premium$0

Upgrades$30,000

Estimated Monthly Payment

$5,187.64

Mortgage (P&I)$4,024.40

Property Tax$663.23

Mello-Roos (CFD)$500.00

Total Tax Bill$1,163.23

Loan Amount$636,704

Down Payment$159,176 (20%)

This is an estimate only

Actual costs vary by specific home, neighborhood, and current rates. Does not include homeowner's insurance (~$150/mo) or utilities. Contact us for an accurate quote on any specific property.

Built by

Lennar

Lennar is one of the nation's largest homebuilders, known for their Everything's Included approach. Multiple neighborhoods available in River Islands.

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Important Disclosures

All pricing, floor plans, specifications, and availability are subject to change without notice. Please contact us directly for the most current information regarding pricing, incentives, and availability.

Buyer Representation Disclosure: Altos Estates Group represents you, the buyer - not the builders. We are not affiliated with or the listing agent for any builder. Some builders offer broker cooperation when registering on your first visit.