USACAOrinda26 Ardor Dr
26 Ardor Dr, House other with 6 bedrooms, 3 bathrooms and 2 parking in Orinda CA | Image 1
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$1,701,000

26 Ardor Dr, Orinda, CA

House

For Sale

$--,---,---
632
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 4000 sqft
Garage Yes
Taxes 
Days Active 7
Lot Size 
Approx. Age 1973
Avg. Price Per Sqft $425
MLS® Number 25563537

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Buy this home traditionally for $1, 701, 000 or with just 2% 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 around $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 around $4, 940 monthly payment (7.65% APR). Terms vary based on program eligibility.Show Description
MLS® Number25563537
Laundry Level
Central VacNo
FireplaceNo
Acreage0.543
Exterior
GarageYes
Approx. Age1973
Basement
DrivewayConverted Garage
Garage Spaces
HeatCentral
A/C
Heating Fuel

Extras

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