Larkspur, CA Real Estate & Homes for Sale

Redfin’s median sale price for the City of Larkspur was $1,901,548 in July 2026, 4.9% higher than a year earlier, at a median of $797 per square foot. The Census puts the median value of owner-occupied homes at $1,996,600 for 2020 to 2024.

The City of Larkspur uses ZIP code 94939. Greenbrae, part of which lies inside Larkspur’s city limits, uses 94904, which it shares with Kentfield, so check both the ZIP and the jurisdiction when you search for homes.

Yes, for part of its rental stock. Municipal Code Chapter 6.20 caps a yearly increase at 5% plus inflation or 7%, whichever is lower. Coverage of the 2024 referendum described single-family homes, condominiums, ADUs and newer units as exempt, in line with the state’s Costa-Hawkins limits on local rent caps, so a condo bought to rent out is likely outside it; confirm for a specific unit with the city and read the HOA’s leasing rules.

Don’t assume so. Larkspur collects a 10% transient occupancy tax on stays it treats as transient, but its zoning definitions don’t list short-term or vacation rentals, and the county’s short-term rental licenses only cover unincorporated areas. Ask the city’s Planning Division in writing before you buy for that purpose.

No. A Larkspur sale pays the Marin County documentary transfer tax of $1.10 per $1,000 of value, and nothing more at the city level. On a $1.9 million sale, that’s $2,090.

Take the Golden Gate Ferry from Larkspur Landing: 16 weekday departures on the April 2026 schedule, the first at 6:20 a.m., for $9.50 with Clipper, with terminal parking at $2.00 on weekday mornings. SMART runs the other way, north to San Rafael, Novato and Sonoma County.

Yes. SMART’s Larkspur station is at 600 Larkspur Landing Circle, the southern end of the line, and the Connect Larkspur shuttle links it to the ferry terminal. Marin’s other stations are in San Rafael, at the Marin Civic Center and in Novato.

Parts of it are at risk. Larkspur sits at the lower end of the 28-square-mile Ross Valley watershed and was among the communities damaged in the December 2005 floods, and First Street’s model rates about 27% of the city’s properties as likely to be severely affected by flooding over 30 years. The FEMA designation for a parcel appears on the Natural Hazard Disclosure statement.

It’s a National Register historic district along Magnolia Avenue, from number 234 to 552½, recognised for commerce and architecture from 1875 to 1949. Buying near it doesn’t by itself restrict a house, but ask the city about any local review before you plan exterior changes to an older building.

Yes. The Marin History Museum notes that the last of Corte Madera Creek’s ark and houseboat homes are moored at two boardwalks reached only on foot, one in Larkspur near Piper Park and one in Greenbrae across from the ferry terminal. Financing, insurance and permits for a floating home work differently from a house on land, so plan extra time.

Partly. Some Greenbrae addresses are inside Larkspur’s city limits and others are unincorporated, where Marin County handles planning under its Kentfield/Greenbrae Community Plan. See our Greenbrae page for what that means for rentals and permits.

Only if the parcel is in a High or Very High Fire Hazard Severity Zone on the state’s current map. In that case California’s AB 38 rule (Civil Code §1102.19) requires the seller to provide a recent defensible-space inspection report, or the buyer agrees in writing to get one and comply within a year of closing. Check the zone against the 2025 local-responsibility maps rather than an older disclosure.

The Central Marin Fire Department, which Larkspur and Corte Madera formed in 2019 under a joint powers agreement. It also covers the incorporated part of Greenbrae and nearby county areas such as the Greenbrae Boardwalk and Lucky Drive, according to Marin LAFCO.