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%.
For sale
$1,747,000
11 Commodore Marina, Mill Valley, CA 94941
4beds
1,440sqft
Est.:
Floating Home
Built in 1967
583.7 Square Feet Lot
$-- Zestimate®
$1,213/sqft
$-- HOA
What's special
- 281 days |
- 307 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: July 17, 2025 at 10:07am
Listed by:
Jenn Pfeiffer DRE #01339863 415-302-3198,
Corcoran Icon Properties 415-496-2600
Source: BAREIS,MLS#: 325018421
Originating MLS: Marin County
Originating MLS: Marin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Baths Other, Kitchen, Living Room, Master Bedroom
Bathroom
- Features: Low-Flow Shower(s), Shower Stall(s), Tile
Dining room
- Features: Dining Bar
Kitchen
- Features: Breakfast Area, Laminate Counters, Pantry Closet
Living room
- Features: Deck Attached
Heating
- Heat Pump, Radiant
Cooling
- Heat Pump
Appliances
- Included: Built-In Electric Oven, Dishwasher, Disposal, Electric Cooktop, Electric Water Heater, Free-Standing Refrigerator, Range Hood, Insulated Water Heater, Microwave, Washer/Dryer Stacked
- Laundry: In Kitchen, Laundry Closet, Sink
Features
- Flooring: Simulated Wood, Tile
- Windows: Dual Pane Full
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Assigned
- Uncovered spaces: 4
Accessibility
- Accessibility features: Parking
Features
- Levels: Two
- Exterior features: Storage
- Park: Commodore Marina
Lot
- Size: 583.7 Square Feet
Details
- Additional structures: Storage
- Parcel number: 90110011
- Special conditions: Standard
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Floating Home
Materials
- Ceiling Insulation, Fiber Cement, Floor Insulation, Wall Insulation
- Foundation: Other, Flotation (Concrete)
- Roof: Composition
Condition
- Year built: 1967
Utilities & green energy
- Electric: Photovoltaics Seller Owned, Individual Electric Meter
- Water: Water District
- Utilities for property: Sewer Connected, Cable Connected, DSL Available, Electricity Connected, Internet Available
Green energy
- Energy efficient items: Appliances, Construction, Cooling, Heating, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
- Energy generation: Solar
Community & HOA
Community
- Security: Double Strapped Water Heater, Fire Extinguisher
HOA
- Has HOA: No
Location
- Region: Mill Valley
Financial & listing details
- Price per square foot: $1,213/sqft
- Date on market: 3/4/2025
- Total actual rent: 2655
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2025 | Listed for sale | $1,747,000$1,213/sqft |
Source:  BAREIS #325018421 Report a problem | ||
| 5/8/2025 | Contingent | $1,747,000-7.8%$1,213/sqft |
Source: BAREIS #325018421 Report a problem | ||
| 4/3/2025 | Listed for sale | $1,895,000$1,316/sqft |
Source: BAREIS #325018421 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$10,903/mo
Principal & interest
$8647
Property taxes
$1645
Home insurance
$611
Climate risks
Neighborhood: 94941
Nearby schools
GreatSchools rating
- 9/10Old Mill Elementary SchoolGrades: K-5Distance: 1.1 mi
- 9/10Mill Valley Middle SchoolGrades: 6-8Distance: 2 mi
- 10/10Tamalpais High SchoolGrades: 9-12Distance: 2 mi
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