Riverside bidding war

32 Lake Drive South, from listing to pending — no contingencies — in 5 days. Because I’m lazy, and also because there’s not much to add here, I’ll just repost what I wrote last week, when it hit the market:

New Listing in Riverside

A new listing, that is, not the house itself, which dates back to 1924. 32 Lake Drive South, priced at $3.995 million. The owners bought it for $3.725 in October ‘21 and have done nothing to it since, but the sellers in that 2021 transaction paid $4.625 million during our last bubble in 2007. So somewhere between those numbers, an appropriate price will surely be found.