Date
Details
Price
Change
Source
11/02/1994
Sold
$162,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/38
$2,700,000
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Property Description
Tucked along the tranquil shores of Tomales Bay in the historic village of Inverness, Walt's Cottage (12788) and Smitty's Cottage (12790) offer a rare chance to own a genuine piece of the Northern California coast. Built in 1941 on piers over the sand, these two beloved cottages sit just six feet apart - each under 500 square feet of pure waterfront charm, with one bedroom, one bathroom, a full kitchen, and a cozy living room. Step out onto your private deck, breathe in the salt air, and take in uninterrupted bay views that few properties can match. A grandfathered legal pier extends from the property directly to the water's edge, a feature that simply cannot be replicated under current Coastal regulations. Each cottage, individually named after its longtime owners, carries the warmth of decades of history while offering intimate, turnkey spaces for waterfront living. Vaulted ceilings, skylights, and stained glass details add character inside, while the decks and dock invite long afternoons watching the tide roll in. Whether you dream of a private weekend escape, an artist's retreat, or a legacy holding on Tomales Bay, this is the first time in forty years these two iconic cottages have been offered together. Opportunities like this - on the water, in Inverness, with a legal pier - simply do not come along anymore.
Full Property Details
Full Property Details for 12788 Sir Francis Drake Blvd
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General
- Price: $2,700,000
- Status: Active
- Type: Single Family
- Source: BAREIS
- MLS ID: 326077801
- Updated: 9/17/2026
- Added to Site: 17 day(s) ago
Interior
- Appliances: Electric Water Heater, Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Tankless Water Heater
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Primary Bedroom: Ground Floor
Other Rooms
- Living Room: Cathedral/Vaulted, Deck Attached, Skylight(s)
- Kitchen: Ceramic Counter
- Laundry: None
Additional Information
- Security/Safety: Carbon Mon Detector, Fire Extinguisher, Fire Suppression System, Smoke Detector
Parking
- Garage: Yes
- Garage Description: No Garage, Uncovered Parking Spaces 2+
Location
- Cross Streets: Inverness Way N
- Driving Directions: Sir Francis Drake to Inverness Way North. At Inverness Way, turn right (towards the bay) into the driveway.
- Direction Faces: East
School Information
- School District: Marin
- Elementary School: Shoreline Unified
- Middle School: Shoreline Unified
- High School: Shoreline Unified
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane Stove
Utilities
- Sewer: Septic System
- Water: Public
- Utility Description: Cable Connected, Internet Available, Propane, Propane Tank Leased
Structural Information
- Architectural Style: Cottage
- Construction: Wood Siding
- Foundation: Piling
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 440
- Sq. Ft. Source: Assessor Auto-Fill
Lot Features
- Property View: Bay, Hills
- Lot Size (Acres): 1.2098
- Lot Size (Sq. Ft.): 52,699
- Lot Description: Low Maintenance, Navigable Waterway
Disclosures and Reports
- Special Conditions: Offer As Is
Listing provided by Compass, William Barrett
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Listing agent
— 12788 Sir Francis Drake Blvd —
William Barrett
Compass
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 12788 Sir Francis Drake Blvd
School District:Shoreline Unified School District
| Name | Grades | Distance |
|---|---|---|
Inverness Elementary School BayView and Mesa, Inverness, CA 94937 | K-1 | 0.2 mi |
West Marin Elementary School 11550 Highway 1, Point Reyes Station, CA 94956 | 2-8 | 3.3 mi |
Tomales Elementary School 40 John Street, Tomales, CA 94971 | K-8 | 10.5 mi |
Tomales High School 3850 Irvin Road, Tomales, CA 94971 | 9-12 | 10.6 mi |
Bodega Bay Elementary School 1200 Canon Street, Bodega Bay, CA 94923 | K-5 | 19.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12788 Sir Francis Drake Blvd
Tax History
Tax History for 12788 Sir Francis Drake Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,527
—
$954,049
2%
2025
$10,527
1%
$935,346
2%
2024
$10,449
2%
$917,011
2%
2023
$10,240
1%
$899,034
2%
2022
$10,131
2%
$881,406
2%
2021
$9,917
—
$864,127
1%
2020
$9,914
2%
$855,271
2%
2019
$9,709
2%
$838,507
2%
2018
$9,509
3%
$822,068
2%
2017
$9,269
5%
$805,950
2%
2016
$8,857
177%
$790,151
207%
2015
$3,203
4%
$257,157
2%
2014
$3,080
1%
$252,121
—
2013
$3,041
—
$250,983
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12788 Sir Francis Drake Blvd
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- Single Family
- Active
- 3Beds
- 3Total Baths
- 3,037Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,100Sq. Ft.
Listed by Vantage Realty, Molli M Milner and Vantage Realty, Nancy Lynn Norris
- Single Family
- Active
- 3Beds
- 4Total Baths
- 2,800Sq. Ft.
Listing provided by Golden Gate Sotheby's International Realty, B.G. Bates
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,472Sq. Ft.
Listing provided by Compass, Lotte Moore & Sarah Kowalczyk Team
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,186Sq. Ft.
- Multi-Family
- Active
- Updated 3 days ago
Listing provided by Luxe Places International Realty, Hayley Hand
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,802Sq. Ft.
Listing provided by Vanguard Properties, Sold by J+J Aument Watson Team and Vanguard Properties, Jennifer Aument
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- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 1,196Sq. Ft.
Listing provided by Engel & Volkers Mill Valley, Michelle Clein
- Single Family
- Active
- Updated 2 days ago
- 1Bed
- 2Total Baths
- 991Sq. Ft.
Listed by Vanguard Properties, Courtney S Davis
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,084Sq. Ft.
Listed by Team Johnson Realty (415) 897-3000
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,484Sq. Ft.
Listing provided by Golden Gate Sotheby's International Realty, John Zeiter and Golden Gate Sotheby's International Realty, Taylor Lee
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- Single Family
- Closed
- Updated 5 days ago
- 5Beds
- 7Total Baths
- 3,616Sq. Ft.
Listing provided by Coastal Marin Real Estate, Ryan K Rodoni
- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,229Sq. Ft.
Listing provided by Compass, Beth F Brody and Golden Gate Sotheby's International Realty, Jenny S Wread
- Single Family
- Closed
- 5Beds
- 5Total Baths
- 4,160Sq. Ft.
Listed by Compass, Troy Luchessi
Sold by Kevin Kearney (CalRE#: 01355515)
Sold by Kevin Kearney (CalRE#: 01355515)
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 2,509Sq. Ft.
Listing provided by Compass, Lotte Moore & Sarah Kowalczyk Team
Sold provided by Redfin, Christopher Toomajian
Sold provided by Redfin, Christopher Toomajian
12788 Sir Francis Drake Boulevard, Inverness, CA 94937 (MLS# 326077801) is a Single Family property with 1 bedroom and 1 full bathroom. 12788 Sir Francis Drake Boulevard is currently listed for $2,700,000 and was received on September 17, 2026. Want to learn more about 12788 Sir Francis Drake Boulevard? Do you have questions about finding other Single Family real estate for sale in Inverness? You can browse all Inverness real estate or contact a Coldwell Banker agent to request more information.