26 Ardor DR Open House Save Request In-Person Tour Request Virtual Tour
Orinda,CA 94563
OPEN HOUSE
Sat Jul 12, 2:00pm - 4:00pm Sun Jul 13, 2:00pm - 4:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $449
MLS Listing ID 25563537
Bedrooms 6
Full Baths 3
Construction Status Additions/Alterations,Fixer,Repairs Cosmetic
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 $1,799,000 or with just $22,667 down vs $359,800 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 $6,620 /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 Berk - Berkeley
Interior
Interior Features Ceiling Fan(s),Separate/Formal Dining Room,Eat-in Kitchen
Heating Central
Flooring Carpet,Tile
Fireplaces Type Family Room
Furnishings Unfurnished
Fireplace Yes
Appliance Dishwasher,Gas Cooktop,Microwave,Oven,Dryer,Washer
Exterior
Parking Features Converted Garage
Garage Spaces 2.0
Carport Spaces 2
Garage Description 2.0
Pool None
View Y/N Yes
View Trees/Woods
Porch Deck,Front Porch,Open,Patio,Wrap Around
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard,Yard
Story 3
Entry Level Three Or More,Multi/Split
Architectural Style Contemporary
Level or Stories Three Or More,Multi/Split
New Construction No
Construction Status Additions/Alterations,Fixer,Repairs Cosmetic
Others
Senior Community No
Tax ID 2702800356
Security Features Carbon Monoxide Detector(s)
Financing Cash,Conventional,FHA
Special Listing Condition Standard