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1206 Mariner Way

Tiburon, CA 94920

8 beds
8 baths
4,096 sqft
11,883 sqft lot
$781 per sqft
1971 build
– on site

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/

Listing courtesy of SFMLS / Marcus & Millichap

Last checked: Checking… • Last updated Jun 23, 2025 •

MLS# 325057837 —

The Building

Year Built:

1971
Year Built Source:

Assessor Auto-Fill
Basement:

Storage Space
Basement:

true
Patio And Porch Features:

Balcony/Deck
Building Area Total:

4096
Building Area Units:

Square Feet
Building Area Source:

Assessor Auto-Fill

Interior

Laundry Features:

In Unit

Room Dimensions

Living Area:

4096
Living Area Units:

Square Feet
Living Area Source:

Assessor Auto-Fill

Location

Directions:

Left from Tiburon Blvd onto Mar West. Left from Mar West onto Mariner Way.
Cross Street:

Mar West St
Latitude:

37.8781286
Longitude:

-122.4622706

The Property

Parcel Number:

05821210
Property Type:

Residential Income
Property Subtype:

Townhouse
Lot Features:

Landscape Front
Lot Size Area:

11883.168
Lot Size Acres:

0.2728
Lot Size Square Feet:

11883.168
Lot Size Units:

Square Feet
View:

City
Irrigation Water Rights:

false

Listing Agent

Contact info:

Beds

Total Bedrooms:

8

Baths

Total Baths:

8
Full Baths:

4
Partial Baths:

4

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

true
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Common Area Meter
Gas:

Separate Meter
Electric:

Separate Meter
Sewer:

Public Sewer
Water Source:

Water District

The Community

Association:

false

Parking

Garage:

false
Carport:

true
Carport Spaces:

12
Parking Total:

12
Parking Features:

Off Street
Covered Spaces:

12
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/23/25 Jun 23, 2025	Listed / Active	SFMLS	$3,200,000

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This multifamily located in The Lagoon, Tiburon, CA 94920 is currently for sale for $3,200,000. 1206 Mariner Way is a 4,096 square foot multifamily with 8 beds and 8 baths that has been on Estately for 6 days. 1206 Mariner Way is in the The Lagoon neighborhood of Tiburon and has a WalkScore® of 64, making it somewhat walkable. This multifamily is in the attendance area of Del Mar Middle School, Redwood High School, Reed Elementary School, and Bel Aire Elementary School.

Listing Courtesy of: SFMLS and Marcus & Millichap.

Based on information from the SFMLS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. SFMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser SFMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.