Overview
- A restored 2,495-square-foot Victorian at 160 Noe St. in Duboce Triangle was listed on Zillow in late May for $2.995 million and says the seller will consider Anthropic or OpenAI shares as payment.
- Listing agent Rachel Swann said the offer drew heavy interest within 24 hours, and the seller is a local luxury developer who believes in both companies.
- Private pre-IPO shares commonly carry contractual limits such as rights of first refusal that can block transfers and leave a seller holding equity a company may not recognize.
- The IRS treats stock-for-property swaps as taxable events and valuing private shares for a home sale is difficult, so most observers expect deals to convert to cash or require secondary-market facilitation and company consent.
- This listing follows a similar late‑April/May precedent in Marin County and signals how concentrated paper wealth from OpenAI and Anthropic is reshaping Bay Area demand and pricing for homes.