A rare floating home in San Francisco’s Mission Creek has returned to the property market, with the three-bedroom residence listed for $1.749 million.
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residence → float → million
The unusual sale was reported by SFGATE and CBS San Francisco, while the current listing from City Real Estate confirms the asking price and specifications.
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listing → report → price
The home at 300 Channel St. #14 sits in one of San Francisco’s smallest residential communities: Mission Creek Harbor, where only 20 berths are designated for floating homes.
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berths → sit → homes
The harbor itself dates back to 1959 and also has berths for pleasure boats.
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harbor → date → boats
A home that began as a much smaller boat
The property has changed dramatically since Tyson Graham acquired it in 2002 for $225,000.
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Graham → begin → 225,000
According to SFGATE and CBS San Francisco, Graham initially bought what was essentially a 40-foot boat and berth before transforming the structure into the much larger home that stands there today.
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that → accord → home
The current MLS listing puts the residence at 1,980 square feet, with three bedrooms and three full bathrooms.
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listing → put → bedrooms
It was built in 2003 and is spread across multiple levels, with the design retaining its distinctly nautical character.
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design → build → character
The property is being offered with access to a separate pleasure-boat berth, adding another layer to what is already an unusual real estate purchase.
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what → offer → layer
The listing also highlights its proximity to Oracle Park, Chase Center and the growing cluster of technology and life-science offices around Mission Bay.
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listing → highlight → Bay
Why these homes rarely appear for sale
The biggest attraction may not be the size of the house but the scarcity of the address itself.
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attraction → appear → address
Mission Creek Harbor’s own records confirm that there are 20 floating-home berths, with no indication of additional floating-home inventory being created.
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inventory → confirm → indication
That limited supply has made sales unusually infrequent.
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sales → make → ?
SFGATE reported that only a handful of the Mission Creek homes have reached the open market, with many instead changing hands privately or remaining within families.
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many → report → families
A previous floating home in the community was listed for $1.8 million in 2019.
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home → float → 2019
The community has also retained rules that make it different from a conventional San Francisco condominium.
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it → retain → condominium
Earlier reporting on Mission Creek homes has noted restrictions around occupancy and rental use, while residents are expected to participate in community responsibilities.
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residents → note → responsibilities
The setting has changed almost as dramatically as Graham’s houseboat.
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setting → change → houseboat
Mission Creek was once closely associated with San Francisco’s industrial waterfront.
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Creek → associate → waterfront
The decline of that activity eventually made space for the floating-home community, which has survived as Mission Bay developed around it.
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Bay → make → it
The San Francisco Chronicle has described the 20-home enclave as a remnant of an earlier waterfront landscape now surrounded by newer development.
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Chronicle → describe → development
Today, the same stretch of the city sits beside major sports venues, apartment towers, offices and technology campuses.
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stretch → sit → venues
OpenAI’s San Francisco headquarters is at 1455 Third Street, placing the floating-home community within the broader Mission Bay technology corridor.
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headquarters → place → corridor
That proximity has added a distinctly modern backdrop to a community that predates today’s tech-heavy neighbourhood.
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that → add → neighbourhood
A $1.749 million bet on a rare address
Graham’s purchase price of $225,000 in 2002 and today’s $1.749 million asking price illustrate how dramatically the value of the property has changed.
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value → illustrate → property
The current listing, however, represents more than a simple calculation based on square footage.
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listing → represent → footage
The buyer is paying for access to an extremely limited waterfront community in a part of San Francisco that has undergone major redevelopment.
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that → pay → redevelopment
Whether the asking price ultimately translates into a completed sale will depend on the market and the unusual conditions attached to owning a floating home.
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translates → translate → home
For now, one of Mission Creek’s 20 residences is once again available, offering a combination that is difficult to find elsewhere in the city: a private home on the water, surrounded by one of San Francisco’s fastest-changing urban districts.
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that → offer → districts
The Aporia
