Sweet Orinda home goes pending in 8 days

Charmed by a 1948 built, beautifully kept three-bedroom, two-bath within walking distance of downtown Orinda? Not yet?

What if we told you the property, which includes the home itself (just shy of 2,000 square feet) and the lot (just shy of 10,000 square feet) is located at the end of a tree-dappled cul-de-sac, and offers private outdoor patios and a yard?

Or that inside are exposed beams, hard wood floors, and floor to ceiling windows looking out on serene, green land?

If you’re still not interested, you probably aren’t looking to buy a homes in Orinda at all; but if you are, this last detail may possibly be the most interesting yet.

In the 94563 zip code, where 11 Cresta Blanca resides, the median list price is $1,877,500. This home, however, is listed for $1,050,000, substantially less than that median despite the fact that in the 25 homes sold within the last 90 days, the sale-to-list ratio was 105 percent.

Interested now? You may be too late. This property went pending within eight days of listing on the market. Will it sell to these lightning-fast buyers and if so, at what final price?

Anna Marie Erwert writes from both the renter and new buyer perspective, having (finally) achieved both statuses. She focuses on national real estate trends, specializing in the San Francisco Bay Area and Pacific Northwest. Follow Anna on Twitter: @AnnaMarieErwert