26 Ardor DR Active Save Request In-Person Tour Request Virtual Tour
Orinda,CA 94563
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 $387
MLS Listing ID 25563537
Bedrooms 5
Full Baths 3
Year Built 1973
Lot Size 0.543 Acres
Property Sub-Type Single Family Residence
Property Description
Two homes in one, live in one, rent the other! 4K sq ft of flex space, essentially functioning as a duplex with separate entrances. Will be delivered vacant, this multi-level space it's ideal for multi-generational living or those looking for a gargantuan amount of square footage for a great price. Think- home office with accommodations. 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.And here is a creative way to buy this home traditionally for $1,550,000 or with just 2% down vs $310,000 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. Estimated initial ground rent is around $6,620 /month, and increases annually with CPI. Buyout price based on greater initial investment and property's fair market value. Mortgage: Assumes 30-year FHA $755K mortgage with around $4,940 monthly payment (7.65% APR). Terms vary based on program eligibility.
Location
State CA
County Contra Costa
Area Berk - Berkeley
Interior
Heating Central
Flooring Carpet,Tile
Fireplaces Type Family Room
Exterior
Parking Features Converted Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
View Y/N Yes
View Trees/Woods
Building
Lot Description Back Yard,Yard
Story 3
New Construction No
Others
Special Listing Condition Standard
Virtual Tour https://www.zillow.com/view-imx/b3d2622c-290f-4099-b9d4-3b2fdb2e0146?wl=true&setAttribution=mls&initialViewType=pano