26 Ardor DR, Orinda, CA 94563 – 25563537 - Tracy Baker

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Tracy Baker

tracy@tracybbaker.com +1(619) 507-4230

$ 1,550,000

Est. payment | -/mo

5 Beds

3 Baths

4,000 SqFt

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$ 1,550,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

4,000 SqFt

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

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

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

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,Cal Vet Loan,VA

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/b3d2622c-290f-4099-b9d4-3b2fdb2e0146?wl=true&setAttribution=mls&initialViewType=pano

Listed by Fred Glick Arrivva,Inc.

+1(619) 507-4230

tracy@tracybbaker.com

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26 Ardor DR Orinda, CA 94563