A variable valve device includes: a drive shaft member rotating synchronously with a crankshaft provided in an internal combustion engine; a cam shaft member including a cam lobe and rotatably provided about the drive shaft member; a drive arm portion provided in the drive shaft member and rotating together with the drive shaft member; a control sleeve provided with an eccentric hole into which the drive shaft member is inserted, and arranged to vary a position of a central axis of the eccentric hole; and a first rotary member including a first member connected to the drive arm portion and a second member connected to the cam shaft member, and rotating along an inner circumferential wall surface of the eccentric hole.