A rare income-producing property with immediate cash flow and future flexibility in prime Southern Marin! Tucked on a private cul-de-sac with expansive Richardson Bay views, this newly remodeled property generates $8,900/month in current rental income, making it ideally suited for investors, 1031 exchange buyers, or future owner-occupants. The 4-bedroom, 2-bath residence is designed on two private stories, each with a separate exterior entrance, maximizing both income and versatility. The upper level lives like a single-family home, with three bedrooms, a full bath, an office/flex space, laundry, and a sunlit wraparound deck that captures east-facing water views. The lower level is a beautifully renovated one-bedroom flat with private entry, full kitchen, in-unit laundry, and a peaceful patio perfect for continued rental income, guest use, or future in-law living. Both units were recently leased at market rates to well-qualified tenants, providing immediate, stable cash flow with the option to transition to owner-occupancy as leases expire in the near term. Set on a sunny, fenced lot with garage parking, the property also offers potential for ADU development in the backyard or conversion to a short-term rental (buyer to verify), enhancing future value and income potential. Minutes from Sausalito and Mill Valley, with easy access to trails, dining, and commuting options to San Francisco by car, ferry, bike, or bus. A rare Marin offering combining high immediate rental income, lifestyle appeal, and strategic flexibility for today's buyer and tomorrow's plans.
Active
$1,280,000
16 Dutton Court, Sausalito, CA 94965
4beds
1,773sqft
Multi Family
Built in 1962
-- sqft lot
$1,274,800 Zestimate®
$722/sqft
$-- HOA
What's special
Full kitchenPrivate entryPrivate cul-de-sacTwo private storiesPeaceful patioSeparate exterior entranceSunny fenced lot
- 88 days |
- 1,741 |
- 108 |
Zillow last checked:
Listing updated:
Listed by:
Yasmine McGrane DRE #02133303 415-298-7775,
Corcoran Icon Properties 415-496-2600
Source: BAREIS,MLS#: 326027686
Originating MLS: Marin County
Originating MLS: Marin CountyLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Natural Gas, See Remarks
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Cooktop, Ice Maker, Microwave, Self Cleaning Oven, Tankless Water Heater, Varies By Unit, See Remarks
- Laundry: In Unit
Features
- Unit 1 - Beds: 1, Baths: 1, Square Footage: 1121 | Unit 2 - Beds: 0, Baths: 0, Square Footage: 1773 | Unit 3 - Beds: 3, Baths: 0, Square Footage: 1773 | Unit 4 - Beds: 0, Baths: 0, Square Footage: 1773
- Flooring: Simulated Wood
- Windows: Dual Pane Full, Dual Pane Partial, Screens
Interior area
- Total structure area: 1,773
- Total interior livable area: 1,773 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage, Guest
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Patio & porch: Balcony/Deck, Patio
- Fencing: Fenced
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Bay,Water
Lot
- Size: 8,698 Square Feet
- Features: Auto Sprinkler F&R, Cul-De-Sac, Curbs/Gutters, Garden, Landscape Back, Landscape Front, Private, Secluded, Shape Regular
Details
- Parcel number: 05213024
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow,Contemporary,Mid-Century
- Property subtype: Multi Family
Materials
- Foundation: Combination, Concrete, Other
- Roof: Shingle
Condition
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected
Green energy
- Energy efficient items: Appliances, Heating, Thermostat, Water Heater, Windows
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Prewired, Smoke Detector(s), Varies By Unit
HOA
- Has HOA: No
Location
- Region: Sausalito
Financial & listing details
- Price per square foot: $722/sqft
- Tax assessed value: $1,217,268
- Annual tax amount: $16,286
- Date on market: 4/7/2026
- Tenant pays: Cable TV, Electricity, Gas, Insurance, Water
- Electric utility on property: Yes
Estimated market value
$1,274,800
$1.21M - $1.34M
$3,440/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $1,280,000$722/sqft |
Source:  BAREIS #326027686 Report a problem | ||
| 4/1/2026 | Listing removed | $1,280,000$722/sqft |
Source: BAREIS #325087330 Report a problem | ||
| 3/13/2026 | Price change | $1,280,000-3.4%$722/sqft |
Source: BAREIS #325087330 Report a problem | ||
| 2/20/2026 | Price change | $1,325,000-1.8%$747/sqft |
Source: BAREIS #325087330 Report a problem | ||
| 11/28/2025 | Price change | $1,349,000-3.3%$761/sqft |
Source: BAREIS #325087330 Report a problem | ||
| 10/24/2025 | Listed for sale | $1,395,000+19.2%$787/sqft |
Source: BAREIS #325087330 Report a problem | ||
| 4/10/2023 | Sold | $1,170,000-2.5%$660/sqft |
Source: BAREIS #323013968 Report a problem | ||
| 4/4/2023 | Pending sale | $1,200,000$677/sqft |
Source: BAREIS #323013968 Report a problem | ||
| 3/16/2023 | Contingent | $1,200,000$677/sqft |
Source: BAREIS #323013968 Report a problem | ||
| 3/9/2023 | Listed for sale | $1,200,000-5.9%$677/sqft |
Source: BAREIS #323013968 Report a problem | ||
| 3/8/2023 | Listing removed | $1,275,000$719/sqft |
Source: BAREIS #323000324 Report a problem | ||
| 1/24/2023 | Price change | $1,275,000-3.8%$719/sqft |
Source: BAREIS #323000324 Report a problem | ||
| 1/14/2023 | Listed for sale | $1,325,000$747/sqft |
Source: BAREIS #323000324 Report a problem | ||
| 12/21/2022 | Listing removed | $1,325,000$747/sqft |
Source: BAREIS #322085656 Report a problem | ||
| 12/5/2022 | Listed for sale | $1,325,000$747/sqft |
Source: BAREIS #322085656 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,286 +4.7% | $1,217,268 +2% |
| 2024 | $15,555 +2.1% | $1,193,400 +14.7% |
| 2023 | $15,228 +453.8% | $1,040,400 +1624.1% |
| 2022 | $2,750 +4.8% | $60,343 +2% |
| 2021 | $2,623 +3.3% | $59,144 +1% |
| 2020 | $2,540 +3.6% | $58,538 +2% |
| 2019 | $2,451 +18.4% | $57,390 +2% |
| 2018 | $2,071 +1.9% | $56,265 +2% |
| 2017 | $2,032 +3.5% | $55,162 +2% |
| 2016 | $1,962 +1.5% | $54,080 +1.5% |
| 2015 | $1,933 +5.8% | $53,268 +2% |
| 2014 | $1,827 | $52,225 +0.5% |
| 2013 | -- | $51,989 +2% |
| 2012 | -- | $50,970 +2% |
| 2011 | -- | $49,971 +0.8% |
| 2010 | -- | $49,597 -0.2% |
| 2009 | -- | $49,716 +2% |
| 2008 | -- | $48,741 +2% |
| 2007 | -- | $47,785 +2% |
| 2006 | -- | $46,849 +2% |
| 2005 | -- | $45,929 +2% |
| 2004 | -- | $45,029 +1.9% |
| 2003 | -- | $44,204 +2% |
| 2002 | -- | $43,337 +2% |
| 2001 | -- | $42,488 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 94965
Nearby schools
GreatSchools rating
- 7/10Dr. Martin Luther King Jr. AcademyGrades: K-8Distance: 0.1 mi
- 10/10Tamalpais High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: Sausalito Marin City Schools
Source: BAREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- California
- Marin County
- Sausalito
- 94965
- 16 Dutton Court
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