$2,950,000

1206 Mariner Way Belvedere Tiburon, CA 94920

Estimated payment $18,652/month

Total Views 8,819
8 Beds
-- Bath
4,096 Sq Ft
$720 Price per Sq Ft

Highlights

  • Bay View
  • Balcony
  • Landscaped
  • Bel Aire Elementary School Rated A
  • Guest Parking
  • Ceiling Fan

About This Home

Marcus & Millichap is pleased to present 1206 Mariner Way, a rare four- unit multifamily opportunity in the heart of Tiburon, one of Marin County's most sought-after communities. The property consists of four well-maintained 2-bedroom, 1.5-bathroom, two floor units, each offering comfortable layouts and access to premium neighborhood amenities. Just minutes from downtown Tiburon's shops, restaurants, and ferry terminal, this investment benefits from strong tenant demand, high barriers to entry, and long-term growth potential in an extremely supply-constrained market. Perfect for both investors and 1031 exchange buyers seeking stability in a premier location.

Listing Agent

Ernesto Baglieri

Marcus & Millichap License #01996324 Listed on: 06/23/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1971

Property Views

  • Bay
  • City

Interior Spaces

  • 4,096 Sq Ft Home
  • Ceiling Fan
  • Laundry in unit

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces
  • Guest Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • Separate Meters

Additional Features

  • Balcony
  • Landscaped

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 058-212-10

Townhouse Details

Home Type

Townhome

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments, Townhouses
  • Year Built: 1971
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Storage Area
  • Laundry Features: In Each Unit
  • Price Per Square Foot: 720.21
  • Square Footage: 4096.00

Exterior Features

  • Patio And Porch Features: Balcony/Deck
  • View: Bay, City, Varies By Unit

Garage/Parking

  • Carport Spaces: 12.00
  • Parking Features: Carport, Covered, Guest Parking Available, Off Street
  • Total Parking Spaces: 12.00
  • Covered Parking Spaces: 12.00

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Water District

Fee Information

  • Utilities Expenses: 3558

Lot Info

  • Assessor Parcel Number: 058-212-10
  • Lot Features: Landscape Back, Landscape Front
  • Lot Size Acres: 0.2728
  • Lot Size Sq Ft: 11883.00
  • Lot Size Units: Acres
  • Price Per Acre: 10813782.99

Rental Info

  • Tenant Pays: Electricity, Gas, Parking Fee

Building Info

  • Number of Units Total: 4

Multi Family

  • Two Bedroom Rent Range: 3650-3900
  • Number Of2 Bedrooms Occupied: 4
  • Number of 2 Bedroom Units: 4
  • Separate Meters: Common Area Meter, Electricity, Gas

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 List to Sale Price per Sq Ft
09/08/2025 09/08/25 Price Changed $2,950,000 -7.8% $720 / Sq Ft
06/23/2025 06/23/25 For Sale $3,200,000 -- $781 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Source: San Francisco Association of REALTORS® MLS

MLS Number: 325057837

San Francisco Association of REALTORS® MLS

APN: 058-212-10