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    House for rent
  • Accepts Zillow applications
    $3,995/moFees may apply

    2903 Penelope St, Tracy, CA 95377

    5beds
    3,267sqft

    Price may not include required fees and charges. Price shown reflects the lease term provided. Learn more|

    Fast & easy Zillow application.

    This property accepts Zillow applications. Click 'Apply now' to fill out the online form once and apply to as many participating properties as you want. Just $40 for 30 days.

    Single family residence
    Available now
    No pets
    Air conditioner, central air
    Hookups laundry
    Contact manager for more details about this home.

    What's special

    Multigenerational living quartersSophisticated finishes throughoutAttached one-car garageNeighborhood parksDesigner detailsBeautiful architectural touchesStunning designer wallpaper
    RARE FORMER MODEL HOME FOR RENT IN PRESTIGIOUS TRACY HILLS! 5 Bedrooms | 3.5 Bathrooms | Private Den | Multigenerational Living Suite | Exceptional Designer Upgrades LIVE IN A FORMER MODEL HOME WHERE EVERY DETAIL WAS DESIGNED TO IMPRESS! This is not your typical rental property! Welcome to an extraordinary opportunity to live in a FORMER BUILDER'S MODEL HOME in the highly desirable Tracy Hills community of Tracy, California. Originally designed and professionally decorated to showcase the absolute best in luxury living, this exceptional residence features an incredible collection of premium builder upgrades, custom finishes, and designer details that set it apart from ordinary homes. From stunning designer wallpaper and dramatic brick accent walls to custom statement lighting, beautiful architectural touches, and sophisticated finishes throughout, this home was created to make a lasting impression. The level of detail and craftsmanship reflects its original purpose as a showpiece model home! Featuring five spacious bedrooms, three and a half bathrooms, and a versatile private den, this impressive floor plan offers the perfect combination of luxury, functionality, and flexibility. Beautifully appointed living spaces provide an inviting atmosphere for both everyday living and elegant entertaining. MULTIGENERATIONAL LIVING WITH EXCITING INCOME POTENTIAL! One of the home's most remarkable features is its thoughtfully designed multigenerational living quarters essentially a home within a home! This private living space includes its own comfortable living area, kitchenette, dedicated laundry closet, and attached one-car garage. Ideal for extended family, aging parents, adult children, or guests who appreciate their independence, this versatile space was designed to accommodate today's evolving living arrangements. Even better? There may be an opportunity to generate additional rental income! With landlord approval and subject to applicable lease terms and local regulations, the multigenerational quarters may offer the potential for subletting, helping offset monthly rental expenses while enjoying the luxury of this spectacular home. Whether used for its intended multigenerational purpose or explored as a potential income-producing space, the possibilities make this property truly special. EXPERIENCE THE TRACY HILLS LIFESTYLE Situated in the beautiful master-planned Tracy Hills community, residents enjoy a scenic setting featuring rolling hills, neighborhood parks, walking trails, and thoughtfully designed community spaces. Convenient access to Interstate 580 makes this an excellent location for Bay Area commuters traveling toward Livermore, Pleasanton, Dublin, and surrounding employment centers, while nearby shopping, dining, and everyday conveniences keep everything within reach. NOT JUST A HOME A FORMER MODEL HOME EXPERIENCE! There is something undeniably special about living in a home that was originally designed to showcase a builder's finest work. From the carefully selected finishes to the thoughtfully designed living spaces, nearly every corner offers another impressive detail. Former model homes with this level of upgrades, five bedrooms, a private den, and dedicated multigenerational accommodations are a rare find on the rental market! If you've been searching for a rental that feels anything but ordinary, this is your opportunity to enjoy the elegance, style, and sophistication of a former luxury model home. Schedule your private showing today and experience the difference for yourself! Additional Rental Option: The owner may be open to offering the main residence for $3,500 per month, while retaining the right to lease the separate Next Gen living space and its designated one-car garage to another tenant. Under this arrangement, the Next Gen space and designated garage would be excluded from the main residence rental. This option is subject to owner approval and applicable rental requirements.
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    Zillow last checked:

    Listing updated:

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Laundry: Hookups
    Interior area
    • Total interior livable area: 3,267 sqft

    Property

    Parking
    • Details: Contact manager

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Location
    • Region: Tracy

    Financial & listing details

    • Lease term: 1 Year

    Price history

    DateEventPrice
    10/30/2026Price change$3,995-11.2%$1/sqft
    Source: Zillow Rentals Report a problem
    10/19/2026Price change$4,500-9.9%$1/sqft
    Source: Zillow Rentals Report a problem
    10/10/2026Listed for rent$4,995$2/sqft
    Source: Zillow Rentals Report a problem
    8/31/2026Listing removed$850,137$260/sqft
    Source: Lennar Homes Report a problem
    7/11/2026Price change$850,137-4.6%$260/sqft
    Source: Lennar Homes Report a problem
    7/7/2026Listed for sale$891,137$273/sqft
    Source: Lennar Homes Report a problem

    Neighborhood: 95377

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