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Airbnb Co-Founder Launches Tiny Homes Business — How Much They Cost and Where To Buy

iStock.com
iStock.com

Airbnb co-founder Joe Gebbia has launched Samara, a company offering backyard tiny houses that can be installed in people’s gardens.

See: Do Airbnb’s Billion-Dollar Q3 Profits Translate to a Worthwhile Stock Investment?
Explore: Move Over Airbnb – Marriott Has a New Luxury Product for Long-Term Stays

Dubbed “Backyard,” the accessory dwelling unit (ADU) — a smaller, independent residential dwelling unit located on the same lot as a stand-alone single-family home, according to the American Planning Association — will be available in California for the moment.

The tiny houses, with “airy cathedral ceilings,” come in two sizes: a 430 square feet studio, which starts at $289,000 (dubbed the “Studio” package), and a 550 square feet one-bedroom house, which starts at $329,000 (dubbed the “One Bedroom”), according to Samara’s website. Both include a “signature kitchen, spacious bathroom, walk-in shower, combination washer and dryer, and built-in storage.”

Samara boasts that the houses have multiple uses, including providing an additional income stream by renting them, housing visiting family or enabling people to find some peace of mind.

“Whether you’re a caterer, live streamer, child care worker, or the next Steve Jobs, Backyard can serve as your entrepreneurial launchpad,” the company stated on its website. In addition, Samara noted the houses are fully electric and consume “less than half of the energy of an equivalently sized home.”

“With the included solar array, it runs ‘net zero’ by default and can even help you save on your monthly utility bill for your main home — all from clean solar energy generated right in your yard,” it added.

According to The Wall Street Journal, Samara is initially launching in California, as it’s “one of the states trying to boost its housing supply by easing restrictions on accessory dwelling units,” adding that the state now allows homeowners to build ADUs in their backyard even if the homeowners association prohibits it.

Learn: 7 Reasons It’s Worth Buying a House at the End of the Year
Homeownership 101: 6 Factors Greatly Impact Your Property Value

The Department of Housing and Urban Development also noted that housing advocates and policymakers have grown increasingly interested in ADUs as an important strategy for increasing housing supply.

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This article originally appeared on GOBankingRates.com: Airbnb Co-Founder Launches Tiny Homes Business — How Much They Cost and Where To Buy