San Francisco's housing market is so out of control that this 385-square-foot studio home is selling for $500,000

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San Francisco's housing market is so out of control that this 385-square-foot studio home is selling for $500,000

cherry street san francisco housing market

Kurt Manley for Pacific Union International

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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.

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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.

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Take a look inside the studio:

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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.

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.

It was built in 1908 but has been renovated in recent years.
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The property is 385 square feet and includes a kitchen and a bathroom.

The property is 385 square feet and includes a kitchen and a bathroom.

And...that's it. That's the apartment.

And...that's it. That's the apartment.
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A wall separates the kitchen from what seems to be where the bedroom can go.

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.

And a little eating nook is carved out to the side of the kitchen next to a window.
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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.

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.

Similarly, the kitchen has granite countertops with stainless steel appliances and wood cabinets.
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And outside of a pair of French doors is a garden haven, shared with occupants in the house's other two units.

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.

A shared breezy patio is also included, with cozy furniture to match.
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The prospect of having access to an enclosed natural oasis with your pint-sized apartment makes the price tag a little more reasonable.

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.

As long as you're cool with this being your bedroom.
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