$985,000
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64 Mountain View Road Fairfax, CA 94930
Single Family
Residence
2
Beds
3
Baths
...
Bed/Bath
1,318
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
324025005
Property Type
Single Family
Bedrooms
2
Bathrooms
2 Full/1 Half
Year Built
1934
Square Feet
1,318
sq. ft
Lot Size
0.14
Sewer
Public Sewer
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