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About the Listing CLW-X77579 - CLW-X91865,CLW-MLL-5093093
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.
Listing Highlights for 26 Ardor Dr
Status
Active
Days on Site
57
Property Type
Residential
MLS ®
25563537
Year Built
1973
Total Square Footage
4,000
Lot/Acreage
0.54
County
Contra Costa
Area
BERK - Berkeley
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Dishwasher, Gas Cooktop, Microwave, Oven
- Air Cond:
- Heating: Central
- Fireplaces: Family Room
- Floor: Tile,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: Yard,Back Yard,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof:
- Others:
- Sewer:
- Parking Features: Converted Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2702800356
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
26 Ardor Dr Orinda, CA 94563
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