Active

64 Mountain View Rd

Fairfax CA, 94930

$985,000


$747.34 per sqft

Active

2 Beds

3 Baths

1,318 sqft

Residential

Built in 1934

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.

324025005

MLS ID

April 9, 2024

Listed

May 16, 2024

Updated

Map

64 Mountain View Rd
Fairfax CA, 94930

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

3


Full Bathrooms

2


Laundry Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Garden, Split Possible


Lot Features

Garden, Split Possible


Sewer

Public Sewer

School Information

School District

Ross Valley

Other Property Details

Area Name

Fairfax


Garage

No


Parking

Side-by-Side, See Remarks


Parking Total

5


View

Yes


View Description

Hills, Mountains, Valley, Woods


County

Marin


Water Source

Public


Pool

No


Buyer Agency Compensation

2.25%

Listed by Stefan Schermerhorn (01880641) with Holmes Burrell Real Estate

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tracy Curtis shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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