Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
San Francisco's housing market is so out of control that this 385-square-foot studio home is selling for $500,000
San Francisco's housing market is so out of control that this 385-square-foot studio home is selling for $500,000
Katie CanalesMay 23, 2018, 03:06 IST
Advertisement
Tucked into the bottom corner of a 110-year-old Victorian house in San Francisco is a 385-square foot apartment that has one bathroom and no bedroom. It's selling for almost $500,000.
It's nestled in San Francisco's tony Presidio Heights neighborhood, where the median home price is almost $5 million according to Redfin. So consider this half-a-million-dollar chateau a steal.
The home is being marketed as the perfect pied-À-terre, a French phrase to describe an abode that's for occasional use. And given its tight footprint, unless you've got a thing for very small spaces, the home seems best suited for popping in periodically to lay your head.
The one-story unit at 333B Cherry St. is one of three in the Victorian house. It sits about three minutes away from the opulent homes in the gated loopty-loop of Presidio Terrace.
It was built in 1908 but has been renovated in recent years.
The property is 385 square feet and includes a kitchen and a bathroom.
And...that's it. That's the apartment.
A wall separates the kitchen from what seems to be where the bedroom can go.
And a little eating nook is carved out to the side of the kitchen next to a window.
The home's furnishings give no sign of its 110 years of age. Updated fixings, like modern cabinets and a combined shower and tub, deck out the bathroom.
Similarly, the kitchen has granite countertops with stainless steel appliances and wood cabinets.
And outside of a pair of French doors is a garden haven, shared with occupants in the house's other two units.
A shared breezy patio is also included, with cozy furniture to match.
The prospect of having access to an enclosed natural oasis with your pint-sized apartment makes the price tag a little more reasonable.
As long as you're cool with this being your bedroom.