Orinda, CA 94563,26 Ardor Drive
Orinda, CA 94563,26 Ardor Drive
Orinda, CA 94563,26 Ardor Drive
60
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$1,550,000
Est. payment /mo
6 Beds
3 Baths
4,000 SqFt
Active

26 Ardor Drive Orinda, CA 94563

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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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 CL25563537

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1973

Lot Size 0.543 Acres

Acres 0.543

Property Sub-Type Single Family Residence

Property Description

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. 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.

Location

State CA

County Contra Costa

Interior

Heating Central

Cooling Ceiling Fan(s)

Flooring Tile, Carpet

Fireplaces Type Family Room

Fireplace Yes

Window Features Double Pane Windows

Appliance Dishwasher, Gas Range, Microwave

Laundry Dryer, Washer

Exterior

Exterior Feature Back Yard, Other

Garage Spaces 2.0

Pool None

View Y/N true

View Trees/Woods

Total Parking Spaces 2

Private Pool false

Building

Lot Description Back Yard

Architectural Style Contemporary

Level or Stories Three or More Stories

New Construction No

Others

Tax ID 2702800356

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


Bridge MLS
Listed by Rene Perez • Arrivva,Inc.

A FEW WORDS FROM PAST CLIENTS

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agent

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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26 Ardor Drive