12788 Sir Francis Drake Boulevard

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.

Days on Market

1 day

Current Status

Active

Original Price

List Price

$2,700,000

On Market Date

Sep 17, 2026

Property Type

Single Family Residence

Area

Inverness

Zip Code

94937

MLS ID

326077801

APN

11231011

Year Built

Unavailable

Stories in Building

1

Possession

Close Of Escrow

Data Source

BAREIS

Origin MLS System

Bed

1

Bath

1

Parking

4

No Garage, Uncovered Parking Spaces 2+

SQ FT

440

SQ FT Source

Assessor Auto-Fill

Lot SQ FT

52,699.0

Lot Acres

1.2098 Acres

Kitchen

Ceramic Counter

Cooling

None

Disclosures

Offer As Is

Living Room

Cathedral/Vaulted, Deck Attached, Skylight(s)

Flooring

Wood

Foundation

Piling

Heating

Propane Stove

Laundry

None

Main Level

Bedroom(s), Full Bath(s), Kitchen, Living Room

Views

Bay, Hills

Possession

Close Of Escrow

Basement

None

Architectural Style

Cottage

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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