In a city where property prices often seem irrational, listing certainly offers a cheap alternative for bargain hunters.

To see the vacant lot, you need to overcome some natural barriers.

The site is clearly off the beaten path but gives you the opportunity to enjoy recreational fishing.

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And for the weather? Sunny and mild with some fantastic views.

The only caveat is that the 1.1 acre property is submerged and located three blocks east of Candlestick Park.

The property was bought by Trent Zhu a few years ago.

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We asked the owner what he was up to with it when he originally bought the land.

As a daytime real estate agent, Zhu recalls that he had no plans for the property at the time; it was good business.

“I didn’t see the property myself,” says Zhu.

He bought his land at auction in San Francisco County for less than $ 5,000 about six years ago. The asking price is $ 75,000 today.

So far, Zhu has no buyers, but people are certainly curious.

Resident Mary Gutekanst had no answer when asked if she would consider buying the property other than a roaring laugh.

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“Maybe build it above sea level and stand on stilts or something,” says Mark Corsetti, who knows the area well.

Zhu hopes another pier could be added to the San Francisco waterfront.

“Like a pier, a stadium,” suggested the owner.

A stadium, he said? That can be a good investment as a certain baseball team is now threatened with building a ballpark outside of Oakland.

Here’s another revelation; Zhu owns several other underwater properties.

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“It’s just one thing at a time, if someone wants to buy more, I can sell more, that’s just one thing,” the real estate agent clarified.

At the moment, Zhu says he’s just testing the water.

“It owns a piece of San Francisco and is buying in the future,” he added.

Nothing beats a good sales pitch.

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