Now selling in Oceanside, CA, North River Farms is a new masterplan bringing five communities of single-family homes with amenity-rich living. This community has a low tax rate! This new two-story home boasts a spacious and modern design with a secluded office and inviting California Room on the first floor. An open-concept layout combines the kitchen, living and dining areas to maximize interior space, and the luxurious owner's suite is nestled into a private rear corner. On the second floor, three secondary bedrooms surround a versatile bonus room.
New construction
$1,299,900
122 Alethea Way, Oceanside, CA 92057
4beds
3,652sqft
Est.:
Single Family Residence
Built in 2026
-- sqft lot
$1,293,900 Zestimate®
$356/sqft
$-- HOA
Newly built
No waiting required — this home is brand new and ready for you to move in.
What's special
Secluded officeInviting california roomSpacious and modern designOpen-concept layoutVersatile bonus roomThree secondary bedrooms
This home is based on the Mahogany 2 plan.
- 31 days |
- 87 |
- 5 |
Zillow last checked: April 09, 2026 at 09:52am
Listing updated: April 09, 2026 at 09:52am
Listed by:
Lennar
Source: Lennar Homes
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Interior area
- Total interior livable area: 3,652 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Features
- Levels: 2.0
- Stories: 2
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Details
- Builder name: Lennar
Community & HOA
Community
- Subdivision: North River Farms : Mahogany
Location
- Region: Oceanside
Financial & listing details
- Price per square foot: $356/sqft
- Date on market: 3/10/2026
About the community
PoolPlaygroundParkTrails+ 1 more
Mahogany is a collection of new and spacious two-story homes now selling at the North River Farms masterplan in Oceanside, CA. Select plans will feature Lennar's signature Next Gen® suite, complete with a separate entrance, living space, bedroom, bathroom, kitchenette and laundry room. An extensive trail system weaves throughout the community, and residents will enjoy access to onsite amenities, including picnic areas, swimming pools, a fitness center, pickleball courts and much more.
5548 Dora Way, Oceanside, CA 92057
Source: Lennar Homes
7 homes in this community
Available homes
| Listing | Price | Bed / bath | Status |
|---|---|---|---|
Current home: 122 Alethea Way | $1,299,900 | 4 bed / 4 bath | Move-in ready |
| 5565 Alethea Way | $1,259,900 | 4 bed / 4 bath | Move-in ready |
| 5566 Alethea Way | $1,298,900 | 4 bed / 4 bath | Move-in ready |
| 127 Dora Way | $1,349,900 | 4 bed / 5 bath | Move-in ready |
| 5563 Dora Way | $1,354,900 | 4 bed / 5 bath | Move-in ready |
| 124 Alethea Way | $1,258,900 | 4 bed / 4 bath | Available |
| 120 Alethea Way | $1,354,900 | 4 bed / 5 bath | Available |
Source: Lennar Homes
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Learn how to advertise your homesEstimated market value
$1,293,900
$1.23M - $1.36M
$5,597/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Price change | $1,299,900-0.2%$356/sqft |
Source:  Lennar Homes Report a problem | ||
| 3/31/2026 | Price change | $1,301,900-1.5%$356/sqft |
Source: Lennar Homes Report a problem | ||
| 3/17/2026 | Price change | $1,321,900-1.3%$362/sqft |
Source: Lennar Homes Report a problem | ||
| 3/10/2026 | Listed for sale | $1,339,900$367/sqft |
Source: Lennar Homes Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Guajome
Nearby schools
GreatSchools rating
- 6/10Del Rio Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Cesar Chavez Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10El Camino High SchoolGrades: 9-12Distance: 2.8 mi
