You may have heard that San Francisco Bay Area isn’t the cheapest place to set up home – even some of the local shacks command six-figure sale prices. But what if we told you there’s a Bay Area one dollar house for sale? Moreover, what if we told you  no one seems to want it? 

Photo: Holly Smyth. City of Hercules.

Think about that for a moment: A single-family house for a dollar. That’s less than a cup of coffee. Cheaper than a bottle of beer. It’s a steal compared to the average Australian bus fare. So what’s the problem?

The City of Hercules is behind this dollar-home deal. The town first purchased this historic home in 2010 – also for $1 – when it sat on a hill behind the Hercules Powder Works Clubhouse. The plan at the time was to renovate it, preserve it and keep it as a visitors centre.

Better days: Queen Anne Hercules home back in 2005. Holly Smyth, City of Hercules

Not so for the Queen Anne Hercules home – the city ultimately decided it couldn’t devote limited resources to the project. So, it fielded proposals for one lucky soul to hit the housing lottery.

The catch? The buyer must remove and renovate it at his own expense.

Think about that: The buyer must have the know how to put the house back together.

The house is officially known as Historic Home No. 54 and dubbed the ‘Queen Anne,’ given its Victorian style. Unfortunately for the house, it was cut in half to move it to the city’s corporation yard where it now sits alongside maintenance equipment.

The original plan was to move the house to a park one block away where it would be hooked up to utilities and supplied with information on the local area. But the proposed budget didn’t sit well with the City of Hercules so it opted to sell the house. For 100 pennies.

And sadly, the extremely low price has yet to draw in a buyer.

Two halves for the price of one … dollar. Holly Smyth, City of Hercules
Two halves for the price of one … dollar. Holly Smyth, City of Hercules

The cedar structure has two floors, four bedrooms and one bathroom. It comes with the original details such as a two-sided fireplace, stair railings, high ceilings and front and back porches.

If no buyer comes forward, it’s likely that this historic home will be demolished, as it remains an eyesore for local residents.