$1,747,000

11 Commodore Marina Mill Valley, CA 94941

Estimated payment $11,423/month

Total Views 5,321
4 Beds
4 Baths
1,440 Sq Ft
$1,213 Price per Sq Ft

Highlights

  • Floating Home
  • Solar Power System
  • Living Room with Attached Deck
  • Tamalpais High School Rated A
  • Engineered Wood Flooring
  • Furnished

About This Home

This completely remodeled 4-Unit Houseboat is in a perfect location for visitors, just two blocks from the first Marin Airporter stop, a Golden Gate Transit stop leading to the Sausalito Ferry terminal and San Francisco beyond, and the only stop for the Muir Woods State Park tour bus. Even closer is the only company in the Bay Area offering Seaplane and Helicopter Tours of San Francisco, the Golden Gate Bridge and Marin County. Each unit features a raised platform bed to overlook open water views, a full kitchen including a stacking washer/dryer, a full bath with heated floors and a private outside deck area. There is also over 1000 sq. ft. of climate-controlled storage in the barge below decks with a commercial washer/dryer to allow for quick rental change overs. The Houseboat has been approved by the Commodore Marina as a short-term rental since September of 2022. All units have consistently maintained occupancy rates over 80%. Gross rental income in 2024 was $415,030, making the GRM just 3.84 years at the bidding start price, The NOI was $285,993, making the Cap Rate 17.9%.

Listing Agent

Jennifer Pfeiffer

Corcoran Icon Properties License #01339863 Listed on: 03/04/2025

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 584 Sq Ft Lot
  • Lot Dimensions are 40 x 27

Home Design

  • Floating Home
  • Manufactured Home
  • Ceiling Insulation
  • Floor Insulation
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Attached Deck

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Tile Bathroom Countertop
  • Separate Shower
  • Low Flow Shower

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer
  • Sink Near Laundry

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Roof
  • Energy-Efficient Thermostat
  • Solar Power System
  • Solar owned by seller

Utilities

  • Heat Pump System
  • Radiant Heating System
  • High-Efficiency Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Outdoor Storage
  • Mobile Home Make is Custom

Community Details

  • 4 Units
  • Custom
  • Commodore Marina

Listing and Financial Details

  • Assessor Parcel Number 901-100-11

Property Details

Home Type

Manufactured Home

Year Built

Built in 1967 | Remodeled

Lot Details

0

Listing Details

  • Type: Manufactured In Park
  • Property Sub Type: Floating Home
  • Directions To Property: Hwy 101 to Hwy 1 exit. Turn Right to Redwood Hwy Frontage Rd. Proceed to end of road at Seaplane Tours. Houseboat nearest to Seaplane Tours is the subject property.
  • Lot Size Acres: 0.0134
  • Flotation: Concrete
  • Length: 40
  • Model: Custom
  • Skirt: None
  • Width: 27
  • Reso Window Features: Dual Pane Full
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cook Top, Electric Water Heater, Free Standing Refrigerator, Hood Over Range, Insulated Water Heater, Microwave
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Dining Room Features: Dining Bar
  • Living Room Features: Deck Attached
  • Accessibility Features: Parking
  • Flooring: Simulated Wood, Tile
  • Square Footage: 1440.00
  • Bathroom Features: Low-Flow Shower(s), Shower Stall(s), Tile
  • Bathrooms: 4
  • Furnished: Furnished
  • Kitchen Features: Breakfast Area, Laminate Counter, Pantry Closet
  • Room Type: Baths Other, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Construction Materials: Ceiling Insulation, Fiber Cement, Floor Insulation, Wall Insulation
  • Foundation: Other
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • ExteriorFeatures: Storage Area
  • Manufacturer: Custom
  • OtherStructures: Storage
  • Body Type: Two Story

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • OpenParkingSpaces: 4.00

Utilities

  • Cooling: Heat Pump
  • Electric: Photovoltaics Seller Owned
  • Security Features: Double Strapped Water Heater, Fire Extinguisher
  • Sewer: Sewer Connected
  • Utilities: Cable Connected, DSL Available, Electric, Individual Electric Meter, Internet Available, Solar
  • Water Source: Water District
  • Heating: Heat Pump, Radiant
  • Laundry Features: In Kitchen, Laundry Closet, Sink, Washer/Dryer Stacked Included

Condo/Co-op/Association

  • Rent Includes: Park Maintenance, Sewer, Trash Collections, Water

Lot Info

  • Assessor Parcel Number: 901-100-11
  • Lot Size Sq Ft: 584.00

Green Features

  • Energy Efficient: Appliances, Construction, Cooling, Heating, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows

Building Info

  • Year Built: 1967

Rental Info

  • Current Space Rent: 2655

Multi Family

  • Number Of Units: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $1,747,000 0.0% $1,260 / Sq Ft
04/28/2025 04/28/25 Pending -- -- --
04/03/2025 04/03/25 Price Changed $1,747,000 -7.8% $1,260 / Sq Ft
04/02/2025 04/02/25 Price Changed $1,895,000 +18.8% $1,366 / Sq Ft
02/28/2025 02/28/25 For Sale $1,595,000 -- $1,150 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 325018421

Bay Area Real Estate Information Services (BAREIS)