SF Victorian Home Listed for $2.995M, Stock Accepted

A newly restored Victorian home in San Francisco’s Duboce Triangle neighborhood is for sale with an unusual payment option: the seller will consider accepting private stock in the artificial intelligence companies OpenAI or Anthropic as part of the deal. The three-bedroom, 2,495-square-foot residence is listed for $2.995 million.

The property, built in 1907 and recently renovated, features 10-foot ceilings, custom cabinetry, remote-controlled solar skylights, and a deep-soaking tub. Listing agent Rachel Swann reported significant interest within 24 hours of the offer going live. She said the seller is a local high-end luxury developer who strongly believes in the two AI firms.

This listing reflects a growing trend where private tech equity is being used as currency in the Bay Area’s tight housing market. Swann said the idea originated from seeing numerous OpenAI and Anthropic employees and investors attending open houses. These potential buyers often have substantial wealth tied up in illiquid company shares but face a severe shortage of available housing.

It is not the first such offer. Last month, tech banker Storm Duncan listed his $4.8 million Marin County estate exclusively...