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.
Property Type
ResidentialCounty
Contra CostaStyle
ResidentialAD ID
49672548
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 5
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Interior Features
- Roof : Composition
- Property Appliances: Dishwasher,Disposal,Gas Oven
- Fireplace: Living Room
- Flooring: Carpet,Laminate,Wood
Cooling Features
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
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Exterior Features
Building Information
- Year Built: 1973
- Roof: Composition
- Has Basement
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.543
- Lot Size Source: Assessor
- Lot Size Square Feet: 23653
-
Listing Information
Listing Price Information
- Original List Price: 2,037,000
- Listing Contract Date: 2025-05-08
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2702800356
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: Cross Street: Moraga Way
- Zoning: R
- Source Property Type: Residential
- Area: 699 - Not Defined
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 52
- Common Walls: No Common Walls
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 3200
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BuyOwner last updated this listing 06/13/2025 @ 05:26
- MLS: ML82005995
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 3,200 sqft, 23,653 sized lot, and 2 parking. are nearby neighborhoods.