A crumbling North Bay home dating to the 1870s isn’t the best home, or even the best block – yet it’s still asking $300,000.
The two-story home’s crumbling brick facade, held up by falling columns, surrounds the ramshackle home in the coastal city of Benicia, about an hour northeast of San Francisco, SF Gate reported. Inside, the walls and ceilings are in shreds and the windows are boarded up.
The derelict 2,000-square-foot home is a “special opportunity” to renovate an “historic building,” SF Gate said, citing the listing. The four-bedroom, two-bathroom home at 157 East G Street is a relative bargain, asking a third the price of comparable area homes.
Limited housing stock in the Bay Area is driving up prices, and overbidding hit a four-year high in San Francisco last month. Earlier this year, a dilapidated 1900 Noe Valley home, described in its listing as the “worst house on the best block” made national headlines when it sold for $2 million – $600,00 above its asking price.
The Victorian home dates back to the early development of Benicia, according to a 2004 state survey, and retains many of its original features. It has a one-car garage accessible via an alley and will be open to potential buyers on March 29. The buyer will have to adhere to local historic codes for a renovation.
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Residential
San Francisco
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[SFG] — Victoria Pruitt