Single-Family Home on Road 601 , Ahwahnee, Madera, CA
Property DescriptionThis property is located in the quiet mountain community of Nipinnawasee just North of Ahwahnee. Property is highly visible with frontage along Highway 49. In addition, the property has a billboard for additional revenue source. The two story home is a log cabin with mountain housing features and has 1 bathroom with a kitchen, a loft and 3 rooms upstairs. The rooms upstairs includes one room that has a closet and the other two rooms are not completely walled in and missing a closet. In addition, home has fireplace, covered deck patio in front and back and has an upstairs patio area with a nice view of the mountains. According to the County of Madera Planning Department, the property is currently is zoned Commercial, Rural, Median district (CRM) and the property has a Zoning Permit (ZP #2004-003) which allowed a single family dwelling to be constructed within the commercial zone district.
- Property Type: Single-Family Home
- Year Built:1990
- Square Footage:2112.00
- Lot Size: 20909.00 SqFt (0.48 acres)
- Baths:1.00 ()
- Siding / Exterior:Wood
- Air Conditioning / Heating:Floor or Wall Unit
- Water/Sewer:Septic Tank
- School District:Bass Lake Joint Unio
- High School:Yosemite
- Junior High School:Wasuma
- Grade School:Wasuma
- Listing Broker:Greg Maroot
- Listing Office:Maroot Properties
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.