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$1,747,000
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Property Description
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%.
Full Property Details
Full Property Details for 11 Commodore Marina
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General
- Price: $1,747,000
- Status: Active
- Type: Manufactured Home
- Source: BAREIS
- MLS ID: 325018421
- Updated: 8/19/2025
- Added to Site: 318 day(s) ago
Interior
- Rooms/Areas: Baths Other, Kitchen, Living Room, Primary Bedroom
- Appliances: Built-In Electric Oven, Dishwasher, Disposal, Electric Cook Top, Electric Water Heater, Free Standing Refrigerator, Hood Over Range, Insulated Water Heater, Microwave
- Furnished: Yes
- Flooring: Simulated Wood, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Living Room: Deck Attached
- Kitchen: Breakfast Area, Laminate Counter, Pantry Closet
- Dining Room: Dining Bar
- Laundry: In Kitchen, Laundry Closet, Sink, Washer/Dryer Stacked Included
Additional Information
- Security/Safety: Double Strapped Water Heater, Fire Extinguisher
Exterior
- Exterior Features: Storage Area
Parking
- Garage Description: Assigned
Location
- Cross Streets: Redwood Highway
- Driving Directions: Hwy 101 to Hwy 1 exit. Turn Right to Redwood Hwy Frontage Rd. Proceed to end of road at Seaplane Tours. Houseboat nearest to Seaplane Tours is the subject property.
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump, Radiant
Utilities
- Water: Water District
- Utility Description: Sewer Connected, Cable Connected, DSL Available, Electricity, Individual Electric Meter, Internet Available, Solar
Structural Information
- Architectural Style: Two Story
- Roof: Composition
- Windows: Dual Pane Full
- Square Feet: 1,440
- Year Built: 1967
Manufactured Home
- Make: Custom
- Model: Custom
Park Information
- Park Name: Commodore Marina
Lot Features
- Lot Size (Acres): 0.0134
- Lot Size (Sq. Ft.): 584
Green Features
- Energy Efficient: Appliances, Construction, Cooling, Heating, Insulation, Lighting, Roof, Thermostat, Water Heater, Windows
Disclosures and Reports
- Restrictions: Board Approval, Guests, Parking, Signs
- APN: 901-100-11
Listing provided by Corcoran Icon Properties, Jenn Pfeiffer
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Listing agent
— 11 Commodore Marina —
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Corcoran Icon Properties
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Schools
Schools serving 11 Commodore Marina
School Districts:Sausalito Elementary School District, Tamalpais Union High School District
| Name | Grades | Distance |
|---|---|---|
Dr. Martin Luther King Jr. Academy 200 Phillips Drive, Sausalito, CA 94965 | K-8 | 0.5 mi |
Tamalpais High School 700 Miller Avenue, Mill Valley, CA 94941 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 11 Commodore Marina
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11 Commodore Marina, Mill Valley, CA 94941 (MLS# 325018421) is a Manufactured Home property with 4 bedrooms and 4 full bathrooms. 11 Commodore Marina is currently listed for $1,747,000 and was received on March 04, 2025. Want to learn more about 11 Commodore Marina? Do you have questions about finding other Manufactured Home real estate for sale in Mill Valley? You can browse all Mill Valley real estate or contact a Coldwell Banker agent to request more information.