This price reflects a leasehold property, which includes a 99-year titled leasehold interest in the land. Leasehold reduces buyer costs to become a homeowner by creating a 99-year leasehold estate, while also offering the option to convert to full ownership at any time. The ground lease is structured to meet Fannie Mae, Freddie Mac, FHA, and VA requirements and is classified as real property. This beautifully updated home is located in a prime Fair Oaks area and is perfect for a growing family. It features an open floor plan with vaulted ceilings in both the living room and master bedroom, creating a spacious and inviting atmosphere. The kitchen has been recently remodeled with quartz countertops, stainless steel appliances, and new cabinets. In the last few years, the bathrooms have been updated, the flooring upgraded, the roof replaced, and both the front and back yards enhanced with attractive stamped concrete. The low-maintenance yard is ideal for a busy lifestyle. A spacious three-car garage provides ample room for all your cars, toys and bikes. Conveniently located near parks, restaurants, and shopping, and within walking distance to elementary, middle, and high schools in the San Juan School District, this home offers both comfort and unbeatable convenience.