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For sale
  • $3,200,000

    1206 Mariner Way, Belvedere Tiburon, CA 94920

    8beds
    4,096sqft
    : 
    Townhouse
    Built in 1971
    0.27 Acres Lot
    $3,124,700 Zestimate®
    $781/sqft
    $-- HOA

    What's special

    Comfortable layouts
    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. https://www.1206mariner.com/
    26 days
    on Zillow
    |
    692
    |
    30
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 23, 2025 at 04:56pm

    Listed by:

    Ernesto A. Baglieri DRE #01996324 415-424-8201,

    Marcus & Millichap 415-963-3000

    Source: SFAR,MLS#: 325057837MLS LogoOriginating MLS: San Francisco Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1206 Mariner Way.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 4
    • Partial bathrooms: 4
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Laundry: In Unit
    Features
    • Basement: Storage Space
    Interior area
    • Total structure area: 4,096
    • Total interior livable area: 4,096 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Off Street, Guest, Covered, Carport
    • Carport spaces: 12
    Features
    • Patio & porch: Balcony/Deck
    • Has view: Yes
    • View description: City, Bay
    • Has water view: Yes
    • Water view: Bay
    Lot
    • Size: 0.27 Acres
    • Features: Landscape Front, Landscaped
    Details
    • Parcel number: 05821210

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Condition
    • Year built: 1971

    Utilities & green energy

    • Electric: Separate Meter
    • Gas: Separate Meter
    • Sewer: Public Sewer
    • Water: Water District
    • Utilities for property: Common Area Meter

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Belvedere Tiburon
    • Elevation: 0

    Financial & listing details

    • Price per square foot: $781/sqft
    • Tax assessed value: $538,999
    • Annual tax amount: $14,649
    • Price range: $3.2M - $3.2M
    • Date on market: 6/23/2025
    • Total actual rent: 15040
    • Tenant pays: Parking Fee, Gas, Electricity
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