Tiny cottage on what may be smallest plot of land in San Francisco goes on sale for whopping $599,000
- The 830-square-foot two-level cottage has just gone on the market
- It has two levels and the two bedrooms are the size of large closets
- The home may have the smallest lot in San Francisco', according to the agent
- Despite its diminutive size, its price-tag is a whooping $599,000
- Realtor says that she's already had 300 viewers
A single-family home in San Francisco that stands on the 'city's smallest lot' has hit the market for a whopping $599,000.
The tech hub regularly tops the list of the most expensive cities to live in, and the expensive 830-square-foot cottage - as large as most one-bedroom apartments - proves the area is not becoming cheaper any time soon.
The 1916 two-bedroom, two-floor white cottage at 544 46th avenue in coveted Sutro Heights stands on a small 644-square-foot plot of land, with a neighbor crowding in on one side.
Pricey: The 830-sq-ft cottage in the Sutro Heights area of San Francisco stands on what could be the city's smallest lot but still costs $599,000
Cosy: The tiny house is crowded in by its next door neighbor but in San Francisco property is hard to find
Rustic: The cottage has a little cobblestone path on the side of it
Scenery: The mini home is in the fashionable Sutro Heights and has views if the surrounding hills
The wooden floors are original, but so sloped that the listing agent, Heather Stolz of Berkshire-Hathaway Franciscan, says, 'you could never play marbles' on it, according to SF Gate.
The two bedrooms are the size of walk-in closets.
Despite all of this, Stolz says that the house has plenty of interest - and that more than 300 people showed up at its first open house.
Stolz says it is the price tag, not the cramped quarters, that is bringing in prospective buyers.
Modern: The downstairs is light and airy, with a chef's island with granite counter and a fresh coat of white paint and track lighting
The wood floors are original and so sloped you 'couldn't play marbles' on them, says realtor Heather Stolz
Mod cons: The tiny home comes with all the mod cons plus a newly refurbished kitchen
'There's such a backup of buyers in the $600,000 to $750,000 price range...like thousands and thousands of people who want to buy a place in San Francisco,' she told SF Gate.
'Most people in this price range are lucky if they're going to get a one-bedroom condo with monthly dues. This is a single standalone with no HOA dues. It's an affordable price point that's hard to come by.'
The cottage was once owned by silver baron and city mayor Adolph Sutro, and Stolz thinks it was once used as a workshop.
Those who can overlook the confined space will enjoy the updated open kitchen with stainless steel appliances, granite countertops, chef's island and large, airy windows.
There's also a cute little porch with a view of the surrounding hills and the home is two blocks from Sutro Park.
Stolz says most prospective buyers are couples, single people, or artists looking for work space.
The lucky seller has owned the home for 13 years and moved to (much cheaper) Oregon.
The house is actually not a bad deal for the area - it is $722 per square foot, below the average price in San Francisco of $947, according to Trulia.
In September, an Outer Mission dilapidated 765-sq foot lean-to that would need to be completely torn down and renovated sold for $408,000 - $58,000 more than asking price.
Stolz says she is accepting offers starting on Friday.
On offer: The second floor contains two bedrooms, each not much bigger than a walk-in closet, but there are some beautiful views from the master bedroom
Competition: The bedroom contains lots of windows to let in the sunlight, even if you do get to look directly on to your neighbor's second floor. The home has already attracted hundreds of viewers
Half a million: The home only has one full bathroom with a large tub and shower despite its $599,000 pricetag
Tight-squeeze: The second bedroom is no bigger than a large closet, with a small narrow window
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