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11 Commodore Marina, Mill Valley, CA, 94941

4beds
4baths
1,440sqft
$1,395,000
$969price/sqft
$8,583/moest. monthly cost
$343,320/yrincome needed

About This Home

11 Commodore Marina is a four-unit floating home moored in Mill Valley, steps from the Sausalito waterfront, minutes from San Francisco, and positioned at one of the most breathtaking vantage points on the entire Bay. The property has been so meticulously maintained and thoughtfully remodeled that guests who found it as a short-term rental kept coming back, staying longer each time, telling their friends. Now, with short-term rental regulations evolving across Marin, the landscape is changing. For most operators, that's a complication. For the right buyer, it's a clarification. Different uses: Your own compound: Four fully appointed units. Raised platform beds over open water views. Private decks. Heated bathroom floors. Full kitchens. Over 1,000 square feet of climate-controlled below-deck storage. Keep one for yourself, hand the others to your inner circle. This is the kind of place where your best conversations happen and nobody wants to leave Sunday night. 30 day rentals Medium-term rentals command serious rates in Marin, especially for something this distinctive. Executives on extended Bay Area assignments, visiting surgeons, tech founders between leases, international families exploring California for a month at a time. Office space: Think about what it means to hold meetings here. Or to simply work here. There is a category of professional for whom environment is a competitive advantage, and nothing signals that you operate differently quite like a floating office with a wraparound deck, a seaplane lifting off fifty yards from your window, and the entire Bay as your backdrop. The Two-Unit Re-imagination The bones of this property invite a different vision entirely. Combine the four units into two generous, architecturally distinctive residences and you have something that barely exists in this market: a floating duplex with true luxury square footage, private outdoor space on the water, andand the kind of design freedom that a ground-up project could never offer at this location and this price point. Your own place: Keep the whole thing. Live on the Bay. House your guests in the adjacent units when they visit, rent the others when they don't. Maintain the income, own the lifestyle, and hold an asset that simply cannot be replicated anywhere else in Marin County.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

10/10
9/10
10/10
Tamalpais High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1967

Materials

  • Foundation: Other,Flotation (Concrete)
  • Roof: Composition
  • Construction materials: Ceiling Insulation,Fiber Cement,Floor Insulation,Wall Insulation

Type & Style

  • Home type: MobileManufactured
  • Property subType: Floating Home

Interior

Appliances

  • Appliances included: Built-In Electric Oven,Dishwasher,Disposal,Electric Cooktop,Electric Water Heater,Free-Standing Refrigerator,Range Hood,Insulated Water Heater,Microwave,Washer/Dryer Stacked
  • Laundry features: In Kitchen,Laundry Closet,Sink

Bathroom

  • Features: Low-Flow Shower(s),Shower Stall(s),Tile

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Features: Dining Bar

Features

  • Window features: Dual Pane Full
  • Flooring: Simulated Wood,Tile

Heating & Cooling

  • Heating features: Heat Pump,Radiant
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,440
  • Total interior livable area: 1,440 sqft

Kitchen

  • Features: Breakfast Area,Laminate Counters,Pantry Closet

Living Room

  • Features: Deck Attached

Property

Accessibility

  • Accessibility features: Parking

Details

  • Parcel number: 90110011
  • On leased land: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Exterior features: Storage

Lot

  • Lot size: 583.70 sqft

Parking

  • Total spaces: 4
  • Parking features: Assigned
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Landslide
    LandslideRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Landslide
Earthquake
Inland Flooding
Wildfire

FEMA Declared Disasters in Marin County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,053$84,636
Home Insurance *$237$2,844
Property Taxes $895$10,740
Electricity $398$4,786
Total$8,583$102,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$294,274/yr
40% on housing$257,490/yr
45% on housing$228,880/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$969This listing

vs Other Active Listings

Avg $/sqft

ZIP 94941$884
Marin County$773

vs Homes Sold Last Month

Median $/sqft

ZIP 94941$1,004
Marin County$805

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-27Listed for sale$1,395,000

For Sale by Agent

AgentJenn Pfeiffer
BrokerageCorcoran Icon Properties

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