$2,037,000

26 Ardor Drive, Orinda, CA 94563

  • 5 beds |
  • 3 baths |
  • 3,200 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon0.54acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $637/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
May 8, 2025 at 05:00AM
Listing Office:
Arrivva, Inc. : 213-349-3301
Listing Agent:
Rene Perez : 650-420-3069
MLS ID:
ML82005995
  • General: Family RoomFormal Dining Room
  • Appliances: Dishwasher
  • Flooring: LaminateWood
  • A/C: Ceiling Fan(s)Other
  • Heating: Forced Air
  • Fireplace: Living RoomFireplaceFireplaces: 1

This listing courtesy of Rene Perez, Arrivva, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Glorietta Elementary School

15 Martha Rd, Orinda, CA, 94563

Grades KG-5

0.87 miles away

O

Orinda Intermediate School

80 Ivy Dr, Orinda, CA, 94563

Grades 6-8

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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