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    40 Varda Landing Rd Sausalito, CA 94965

    For Sale
    $3,000,000

    Contemporary, Other - Sausalito, CA

    Type:Multi Family
    Property size:
    5,939 SF
    Lot size:
    0.20 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 40 Varda Landing Rd

    General Information

    Property type
    Other
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    4
    APN
    063-010-09
    Parking
    12
    Size
    5,939 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1943
    Floors in Building
    2
    Roof type
    Tar/Gravel
    Architectural style
    Contemporary

    Engel & Völkers Sausalito [email protected]

    Listing agent Michele L Affronte (415) 887-9925

    Listing date Oct 29, 2025

    MLS# 325091498 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sausalito Waterfront Multifamily Investment

    Located near the water's edge, this Sausalito property at 40 Varda Landing Road presents a rare opportunity. The building features 6 units, with 3 offering views of Belvedere Island, the Vallejo Ferry boat, and the San Francisco Bay. The property is situated steps from Sausalito's dining options, ferry access, and transportation. Adjacent to the floating home community, the property offers character and potential. The property is suitable for investors, creatives, or an AI start-up seeking a waterfront workspace with access to San Francisco. The property is located in Marin County. The building has a total size of 5939 square feet and sits on a lot of 0.202 acres. Each unit is desirable, and the tenants enjoy living there. The property is a multifamily property, residential income property, and apartment building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vikings Properties Real Estate Developer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sausalito
    County
    Marin
    State
    California
    Longitude
    -122.501251
    Latitude
    37.870958

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    FAQs

    What type of property is this?
    Apartment building - Unique Sausalito multifamily property with waterfront views and upside potential.
    Where is this apartment building located?
    The property is located at 40 Varda Landing Rd Sausalito, CA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Sweeping views of Belvedere Island, the Vallejo Ferry, and San Francisco Bay from select units.; - Prime waterfront location in Sausalito, steps from dining, ferry, and transportation.; - Unique building with 6 units, offering character and upside potential.
    (415) 887-9925
    Request Owner's contact information
    40 Varda Landing Rd Sausalito, CA 94965
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40 Varda Landing Rd Sausalito, CA 94965
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