26 Ardor Drive, Orinda, CA 94563

  • $2,037,000
  • $2,067,000
26 Ardor Drive, Orinda, CA 94563
Active
26 Ardor Drive, Orinda, CA 94563
26 Ardor Drive, Orinda, CA 94563
  • $2,037,000
  • $2,067,000

Description

Buy this home traditionally for $2,076,000 or with just $27,000 down vs $414,000 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 $7,547 /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 $4,940 monthly payment (7.65% APR). Terms vary based on program eligibility.

  • Address 26 Ardor Drive
  • State/county CA
  • Zip/Postal Code 94563

Details

Updated on June 5, 2025 at 8:06 pm
  • Property ID: ML82005995
  • Price: $2,037,000
  • Land Area: 0.543 Acres
  • Bedrooms: 5
  • Bathrooms: 3
  • Garages: 2.0
  • Garage Size: x x
  • Year Built: 1973
  • Property Type: Single Family Residence, Residential
  • Property Status: Active

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