You Can Use OpenAI, Anthropic Shares To Pay For Rs 28 Crore Luxury Home In San Francisco

A newly restored three-bedroom home in San Francisco’s upscale Duboce Triangle has become the latest attraction of the city’s booming AI-driven industry after the seller announced that Anthropic or OpenAI shares could be considered as payment options.

The 2,495-square-foot Duboce Triangle home is listed for about $2,995,000 (Rs 28.7 crore), after previously selling for roughly $2,126,000 (Rs 20.4 crore) in 2024. The Victorian home offers several luxurious facilities, including 10-foot ceilings, remote-controlled solar skylights, and a deep-soaking tub.

Listing agent Rachel Swann told Business Insider that the house has generated significant interest in less than 24 hours since the offer went up. “My phone has been blowing up. It seems to be something

that’s very exciting for people.”

The centre of attraction is the offer of accepting the shares of two of the most valuable companies in the world as payment options. The seller is a local “high-end luxury developer” who is a big believer in Anthropic and OpenAI, according to Swann.

Why AI Company Shares?

Swann said the unique idea was inspired by a wave of OpenAI and Anthropic employees and investors coming to open houses who have “nowhere to live” as the housing situation in San Francisco is tight and all their wealth is tied up in illiquid shares.

“It’s a perfect storm. You wouldn’t believe how many people I see come through who say, ‘We can’t touch our stock quite yet, but we would love to buy something’,” Swann said.

In April, Storm Duncan, a tech banker, offered his $4.8 million (Rs 46 crore) estate in Marin County estate in exchange for Anthropic shares. He told Business Insider that he received several offers from Anthropic employees.

Housing Situation In San Francisco

Real estate in San Francisco is generally in high demand and low supply, causing prices to go up. Housing prices in the city have risen by 19% year over year due to a surge in AI valuations. Reports suggest that buyers are flooded with multiple offers, significantly hiking listing prices.

Rental prices are also rising by more than 21%, with the average one-bedroom apartment costing $4,000 (Rs 3.83 lakh) a month. As OpenAI and Anthropic prepare to go public, housing prices are expected to soar further as employees and early investors cash out and buy homes with their riches, as per the report.