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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

Business Insider Logo By Katie Canales of Business Insider | Slide 1 of 13:  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. Take a look inside the studio:

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.

Click through the slideshow

© Kurt Manley for Pacific Union International
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