Abstract We present a novel treatment of set theory in a four-valued paraconsistent and paracomplete logic, i.e., a logic in which propositions can be both true and false, and neither true nor false. Our approach is a significant departure from previous research in paraconsistent set theory, which has almost exclusively been motivated by a desire to avoid Russell’s paradox and fulfil naive comprehension. Instead, we prioritise setting up a system with a clear ontology of non-classical sets, which can be used to reason informally about incomplete and inconsistent phenomena, and is sufficiently similar to ${\mathrm {ZFC}}$ to enable the development of interesting mathematics. We propose an axiomatic system ${\mathrm {BZFC}}$ , obtained by analysing the ${\mathrm {ZFC}}$ -axioms and translating them to a four-valued setting in a careful manner, avoiding many of the obstacles encountered by other attempted formalizations. We introduce the anti-classicality axiom postulating the existence of non-classical sets, and prove a surprising results stating that the existence of a single non-classical set is sufficient to produce any other type of non-classical set. Our theory is naturally bi-interpretable with ${\mathrm {ZFC}}$ , and provides a philosophically satisfying view in which non-classical sets can be seen as a natural extension of classical ones, in a similar way to the non-well-founded sets of Peter Aczel [1]. Finally, we provide an interesting application concerning Tarski semantics, showing that the classical definition of the satisfaction relation yields a logic precisely reflecting the non-classicality in the meta-theory.