A waterfront duplex with a private beach just blocks from downtown Tiburon and set amongst $5,000,000+ properties. The value is in the land. Rent out the duplex while you hold the property for future appreciation or rent out for income while you get your plans approved for a new dream home or expansion on the existing. Consider remodeling to create your Pied-a-tier with an additional unit to rent out or for guests.

The Town of Tiburon is located north of San Francisco 8 miles from the Golden Gate Bridge in southern Marin County, California. The Tiburon Peninsula is a vibrant place where expansive views of San Francisco, the Marin Headlands, Angel Island, and Mount Tamalpais, draws visitors from around the globe. Residents and tourists can take the ferry across the bay and enjoy an enviable outdoor lifestyle enhanced by a small-town culture steeped in historic preservation. Tiburon has one of the highest median incomes in the country and commands premium rents.

The existing tenant has just moved out and the duplex is available for sale now before scheduled clean up, painting, and staging. If you have vision enough to see past the work needed, call to schedule a showing and a link to inspection reports and disclosures.

The property was built in approximately 1939 and is currently configured as a duplex with a 1BR apartment on the top floor and another 1BR apartment below. There is a stairway joining the two units making the floorplan also suitable for a single-family home.

While the duplex is waterfront/beachfront, it is completely built on the land. At approximately 1,100 sf, it is dwarfed by neighboring duplexes and triplexes valued over $5,000,000.

The site is a downhill lot from Paradise Drive to the water. The parcel continues well into the Bay. Neighboring properties have developed piers, dock houses, and mooring buoys over this extra land. The buyer will need to confirm with the various agencies on what can be done. The site has 10,927sf according to County records. Approximately 2,927sf are above the high tide level (MHTL) – Buyer to confirm.

Both apartments have expansive views across Racoon Straights to Angel Island. Each features a large deck off the living room overlooking your beach below.  The lower unit enjoys a large spa on the deck. Southern exposure: watch the boats go by and enjoy a full moon.

The duplex has been loving maintained with some remodeling and upgrades but is ready for a new owner to make it their own. The duplex is fresh out of a tenant vacating and needs painting and remodeling. The roof and portions of the foundation are also old and in need of upgrading. Call for a link to recent inspections and disclosures.