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/
For sale
$3,200,000
1206 Mariner Way, Belvedere Tiburon, CA 94920
8beds
4,096sqft
Est.:
Townhouse
Built in 1971
0.27 Acres Lot
$3,124,700 Zestimate®
$781/sqft
$-- HOA
What's special
Comfortable layouts
- 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#: 325057837
Originating MLS: San Francisco Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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