Rare San Francisco houseboat near OpenAI HQ selling for hugely inflated price

Talk about floating on the AI boom.One of San Francisco’s exceedingly rare Mission Creek houseboats has hit the market for a whopping $1.749 million — a pittance for the newly-minted millionaires working just a ten minute walk away at OpenAI headquarters.At 300 Channel Street #14 in the Mission Rock neighborhood, an ambitious tech worker can roll out of a rocking bed and be in the heart of Silicon Valley’s AI gold rush — before their morning matcha even cools.The biggest news, opinion and culture shaping California right now.

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Never miss a story The quirky, 1,780-square-foot floating residence buys you an unconventional slice of Bay Area real estate that literally bobs on the water — just one of 20 such homes along Mission Creek.The pontooned property features three floors, three bedrooms, three nautical-themed bathrooms, and two parking spots.

While nearly $1.75 million for a house might sound inflated, the listing also includes a pleasure boat and use of a separate 40-foot berth to store it in.Part of the high price boils down to the brutal reality of San Francisco zoning — Mission Creek Harbor isn’t adding any more inventory, and only 20 of these floating-home berths exist.Established around 1959, berths in the mini-community have historically changed hands privately among family members — rather than hitting the traditional real estate market.In the case of this particular floating home, the current owner acquired it via a handshake deal in 2002 for $225,000, according to SFGATE.

That means the price has ballooned roughly sevenfold.The owner, Tyson Graham, reportedly constructed the current home on the site himself.

The new buyer can keep the existing structure — or potentially pursue plans for a new one, subject to the necessary approvals.Buying into the unusual community isn’t quite li...