Search
Two-Cottage Waterfront Income Property
For Sale
$2,700,000

12790 Sir Francis Drake Blvd, Inverness, CA 94937

Two named cottages offer bay views, private decks, full kitchens, and access to a grandfathered legal pier.

Property Size440 SF
Days on Market9

Property Features for 12790 Sir Francis Drake Blvd

General Information

Standard status Active
Size 440 SF
Property subtype Investment

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Amenities

private deck
legal pier
vaulted ceilings
skylights
stained glass details

Building Details

Building Size 440 SF
Year Built 1941
Buildings 2
Stories 1
Units 2
Listed By: William Barrett · License #01917077
Source: Elliman
Added: Sep 19 Changed: Sep 23 Last Checked: Sep 26 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Barrett

Investment Insights

Based on property information with market context.

This residential income property comprises two waterfront cottages at 12788 and 12790 Sir Francis Drake Blvd in Inverness. Constructed in 1941 on piers above the sand, each cottage measures under 500 square feet and includes one bedroom, one bathroom, a full kitchen, and a living room. The buildings are positioned approximately six feet apart and feature vaulted ceilings, skylights, and stained-glass details.

Both cottages open to private decks overlooking Tomales Bay. A grandfathered legal pier reaches the water's edge, providing a distinctive waterfront improvement governed by an existing legal status. The property is located in the historic village of Inverness and has a bike score of 29 and a walk score of 36.

Key Highlights

  • Two waterfront cottages, each under 500 square feet
  • Built in 1941 on piers over the sand
  • Each cottage includes 1 bedroom, 1 bathroom, a full kitchen, and a living room

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 94937, CA

935
Population
809
Households
1.2
Avg Household Size
57
Median Age
59%
College-Educated
98%
High-School Grad
56.2 sq mi
ZIP Area
17
Density / Sq Mi
$69,464
Median Household Income
$29,404
Median Earnings
$1,698
Median Rent
$1,536,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Two named cottages offer bay views, private decks, full kitchens, and access to a grandfathered legal pier.
Where is this residential income property located?
The property is located at 12790 Sir Francis Drake Blvd Inverness, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Two waterfront cottages, each under 500 square feet; Built in 1941 on piers over the sand; Each cottage includes 1 bedroom, 1 bathroom, a full kitchen, and a living room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message