26 Ardor DR Open House Save Request In-Person Tour Request Virtual Tour
Orinda,CA 94563
OPEN HOUSE
Sun Jun 08, 11:00am - 1:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $636
MLS Listing ID ML82005995
Bedrooms 5
Full Baths 3
HOA Y/N No
Year Built 1973
Lot Size 0.543 Acres
Property Sub-Type Single Family Residence
Property Description
Buy this home traditionally for $2,076,000 or with just $27,000 down vs $414,000 through Jubilees Joint Purchase Program You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage, and you can buy the land at any time within 99 years. Two homes in one, live in one, rent the other! This spacious Orinda property offers over 3,900 sq ft of flexible living space, essentially functioning as a duplex with separate entrances. Currently rented (but can be delivered vacant) it's ideal for investors, multi-generational living, or those looking to offset their mortgage. The main level features a ground-floor suite for easy access, and the layout includes up to 7 bedrooms, 3.5 baths, multiple living areas, bonus rooms, and even a sauna. Permits for an additional ADU provide even more upside. Located minutes from downtown Orinda, shops, and freeway access. Estimated initial ground rent is $7,547 /month, and increases annually with CPI. Buyout price based on greater initial investment and propertys fair market value. Mortgage: Assumes 30-year FHA $755K mortgage with $4,940 monthly payment (7.65% APR). Terms vary based on program eligibility.
Location
State CA
County Contra Costa
Area 699 - Not Defined
Zoning R
Interior
Heating Central
Flooring Carpet,Laminate,Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher,Disposal,Gas Oven
Exterior
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Roof Type Composition
Attached Garage No
Total Parking Spaces 2
Building
Story 3
Water Public
New Construction No
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Tax ID 2702800356
Special Listing Condition Standard