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.
Property Details
Price:
$2,037,000
MLS #:
ML82005995
Status:
Active Under Contract
Beds:
5
Baths:
3
Address:
26 Ardor Drive
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
City:
Orinda
Listed Date:
May 8, 2025
State:
CA
Finished Sq Ft:
3,200
ZIP:
94563
Lot Size:
23,653 sqft / 0.54 acres (approx)
Year Built:
1973
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Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
Other
Interior
Appliances
Dishwasher, Disposal, Gas Oven
Fireplace Features
Living Room
Flooring
Carpet, Laminate, Wood
Heating
Central
Exterior
Garage Spaces
2.00
Parking Spots
2.00
Roof
Composition
Stories Total
3
Water Source
Public
Financial
Map
Community
- Address26 Ardor Drive Orinda CA
- Area699 – Not Defined
- CityOrinda
- CountyContra Costa
- Zip Code94563
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26 Ardor Drive
Orinda, CA
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