1206 Mariner Way

Tiburon, CA 94920

$2,950,000
Price
8
Beds
4,096 Sq. Ft.
$720 / Sq. Ft.
4,096
Sq. Ft.
$720
per Sq. Ft.
Contingent - No Show
Contingent - No Show
a front view of a house with plants
a view of a house with a street
an aerial view of city and lake
a picture of city view
an aerial view of a city
a view of house with outdoor space
a aerial view of a house with a garden and plants
an aerial view of residential houses and outdoor space
a view of interior space
a car parked in front of a house
a view of a entryway door of the house
a picture of a bench in a white building
a kitchen with a sink appliances and cabinets
a backyard of a house
an aerial view of a city
a kitchen with white cabinets and wooden floor
a kitchen with a sink stove and cabinets
a living room with furniture fireplace and flat screen tv

Description

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...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/
  1. Listed by Angelo Baglieri • DRE #01996324 • Marcus & Millichap

Property Details for 1206 Mariner Way

Directions to Property
Left from Tiburon Blvd onto Mar West. Left from Mar West onto Mariner Way.
Parking Features
Carport/Pad, Covered, Guest Spaces, Off Street
View Description
Bay, City, Varies by Unit
Cross Street
Mar West St
Total Parking Spaces
12
LISTING UPDATED: 11/21/2025 06:47 PM

Property Details for 1206 Mariner Way

StatusContingent - No Show
MLS #325057837
Days on Compass151
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1971
Lot Size0.27 AC / 11,883 SF
CountyMarin County

Location

Listing Courtesy of Marcus & Millichap, Angelo Baglieri, DRE #01996324
Add your commute

Building Information for 1206 Mariner Way

Stories-Residences4Year Built1971Building Size-Lot Size0.27 AC / 11,883 SF

Payment Calculator

$17,941 per month

30 year fixed, 6.28% Interest

Principal and Interest

$14,577

Property Taxes

$3,364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1206 Mariner Way

Summary
Location and General Information
  • Area/District: Tiburon
  • Area Short Display: A2600
  • Zip Plus 4: 1840
  • Location Description: Tiburon
Taxes and HOA Information
  • APN: 058-212-10
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 12
  • Independent Parking Spaces: 0
  • Carport Spaces: 12
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 12.0
  • Parking: Carport, Covered, Guest Space(s), Off Street
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Landscape Back, Landscape Front
Property and Assessments
  • Possession: Subject To Tenant Right, Close of Escrow
  • Picture Count: 19
  • Elevation: 0
  • Disclosures/Documents: Rental/Lease Agreement(s), Property Inspection, Pest Certification Available, Home Inspection Report, Environmental Hazards Report, Disclosure Package Available
Green Features
  • Green Verification Year: 0
Utilities
  • Separate Meters: Gas, Electricity, Common Area Meter
  • Sewer: Public Sewer
  • Water Source: Water District
Interior and Exterior Features
Exterior Features
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 1
  • Stories: 0
  • Patio And Porch Features: Balcony/Deck
Interior Features
  • Heating: Electric
  • Laundry Features: In Each Unit
  • Basement: Storage Area
  • Cooling: Ceiling Fan(s)
  • Full Bathrooms: 0
  • # of Rooms: 0
Room Information
1 Bedroom Unit
  • 1 Bedroom Rent Range: 0
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • 2 Bedroom Rent Range: 3650-3900
  • # of 2 Bedroom Units: 4
  • 2 Bedroom Annual Occupancy: 100.00%
  • # of 2 Bedrooms Occupied: 4
3 Bedroom Unit
  • 3 Bedroom Rent Range: 0
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • 4 Bedroom Rent Range: 0
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 0.0
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 3558.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 4
  • # Of Units Total: 4
  • # Of Units Vacant: 0
  • # Of Units Leased: 4
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Description: 2 Bed/1.5 Bath - 2 floor unitIn unit w/d. Private deck. Views of the city.
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 1
  • Unit 1 Occupancy: Tenant
  • Unit 1 Rent Source: Owner
  • Unit 1 Rent: $3,840.00
  • Unit 1 Approx SqFt: 952.0
  • Unit 1 SqFt Source: Measured
  • Unit 1 # of Rooms: 5
  • Unit 1 Type: Apartment
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: 2 Bed/1.5 Bath - 2 floor unitIn unit w/d. Private deck.
  • Unit 2 Full Baths: 1
  • Unit 2 Partial Baths: 1
  • Unit 2 Occupancy: Tenant
  • Unit 2 Rent Source: Owner
  • Unit 2 Rent: $3,650.00
  • Unit 2 Approx SqFt: 1088.0
  • Unit 2 SqFt Source: Measured
  • Unit 2 # of Rooms: 5
  • Unit 2 Type: Apartment
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Description: 2 Bed/1.5 Bath - 2 floor unitIn unit w/d. Private deck.
  • Unit 3 Full Baths: 1
  • Unit 3 Partial Baths: 1
  • Unit 3 Occupancy: Tenant
  • Unit 3 Rent Source: Owner
  • Unit 3 Rent: $3,650.00
  • Unit 3 Approx SqFt: 1088.0
  • Unit 3 SqFt Source: Measured
  • Unit 3 # of Rooms: 5
  • Unit 3 Type: Apartment
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Description: 2 Bed/1.5 Bath - 2 floor unitIn unit w/d. Private deck.
  • Unit 4 Full Baths: 1
  • Unit 4 Partial Baths: 1
  • Unit 4 Occupancy: Tenant
  • Unit 4 Rent Source: Owner
  • Unit 4 Rent: $3,900.00
  • Unit 4 Approx SqFt: 1088.0
  • Unit 4 # of Rooms: 5
  • Unit 4 Type: Apartment
Rental
Rent Information
  • # Of Units Month to Month: 4
  • Studio Rent Range: 0
  • Studio Annual Occupancy: .00%
  • Tenant Pays: Parking Fee, Gas, Electricity

Property History for 1206 Mariner Way

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Contingent - No Show

RESFAR #325057837

—
Sep 8, 2025

Price Change

RESFAR #325057837

$2,950,000—
Jun 23, 2025

Listed (Active)

RESFAR #325057837

$3,200,000—
DateEvent & SourcePrice
11/19/2025

Contingent - No Show

RESFAR #325057837

—
09/08/2025

Price Change

RESFAR #325057837

$2,950,000
06/23/2025

Listed (Active)

RESFAR #325057837

$3,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1206 Mariner Way

Taxable ValueLand$1,050,000Additions$1,750,000Total$2,800,000
Tax Record2025$40,364 ($3,364 / month)
Home Facts
Total Finished SqFt4,096 SqFtAbove Grade Finished SqFt4,096 SqFtLot Size11,885 SqFtStyleDuplexYear Built1971Year Renovated1974CountyMARINAPN058-212-10

Schools near 1206 Mariner Way

This home is within Tamalpais Union High School District.
Rating
School
Type
Grades
Distance
Reed Elementary School
Public - K to 2
Bel Aire Elementary School
Public - 3 to 5
Del Mar Middle School
Public - 6 to 8
Redwood High School
Public - 9 to 12
Rating
School
Distance
Reed Elementary School
PublicK to 2

Bel Aire Elementary School
Public3 to 5

Del Mar Middle School
Public6 to 8

Redwood High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Angelo Baglieri, DRE #01996324

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.