64 Mountain View Road
Fairfax, CA 94930
Status: Active
$985,000
Price
2
Beds
3
Baths
1,318 Sq . Ft .
$0 / Sq . Ft .
Fully Approved and open building permit construction site. Fully Assumable 3.5% FHA Rehabilitation Loan (zero down payment required). Loan has Private Mortgage Insurance that drops every 12 months. Effective rate for the next 20 years is between 4.8% - 4.25%. Buyer need only qualify for the existing loan balance (approximately $800,000), then pay/invest cash with a builder to finish the 2 bd/2.5 approved house. As Alternative, a 1 bd/1.5 is also approved and can be closed in faster. Take the reigns with your builder and finish a home that is worth ~ $1,200,000. Enjoy views of morning sun hitting the valley of Fairfax. A sunlit terraced yard and inviting patio are immediately adjacent to the house. Imagine the storage shed area being a great location for an accessory dwelling unit and garage. At the street there is ample parking which can easily accommodate up to five vehicles. This location is still very close to the center of downtown Fairfax. Just a little further up, the hill are a plethora of hiking trails, mountain biking single track, and Marin County's hallmark open spaces. Enjoy the famous friendly vibe & outdoors of Fairfax. Finish out the interior to your liking. Much of the infrastructure to complete the house is already in place. An opportunity rarely found.
Community
Fairfax
MLS#
324025005
County
Marin
Built
1934
Features
Property Type
Residential
Square Feet
1,318 Sq . Ft .
Price Per Sq . Ft .
$0
Bathrooms
3
Appliances
Water
Heat Type
Roof Description
Pool On Property
Pool Description
Spa / HotTub On Property
Zip
94930
Lot size
5,998 Sq . Ft .
Status
Active
Bedrooms
2
Flooring
Dining Description
Parking Spaces
Sewer Description
Foundation Type
Construction Type
Green Rating
Latest Update
2024-04-19 11:07:18.0
Listing Office ID
7A474
This listing courtesy of
Holmes Burrell Real Estate
Listing provided by
Stefan Schermerhorn
Schools
Elementary School:
Not available
Jr / Middle School:
Not available
High School:
Not available