Stunning Craftsman retreat offering exceptional privacy and deeded beach access on 2.3 acres in coveted Island Cove Estates. This beautifully remodeled residence centers around a dramatic great room with soaring 13-foot open-beam redwood ceilings, rich hardwood floors, banks of windows with a touch of blue water, a wood-burning Jotul fireplace, and an elegantly updated kitchen designed for both comfort and relaxation. The home features three well-appointed bedrooms, including a spacious primary suite with dual walk-in closets and a generous en-suite bath. Just steps across the yard sits a detached single-car garage with office ideal for remote work or creative space. The grounds are a serene blend of open meadow and mature conifers, backing to a seasonal creek that comes alive in the winter months. Island Cove Estates is a vibrant, refined coastal community, prized for one of the South Coast's finest private beaches. A warm, inviting home offering remarkable privacy and substantial upgrades this is coastal living at its best.
Closed
$685,000
46581 Iversen Drive, Gualala, CA 95445
3beds
1,396sqft
Single Family Residence
Built in 1963
2.37 Acres Lot
$676,200 Zestimate®
$491/sqft
$2,937 Estimated rent
Home value
$676,200
$480,000 - $947,000
$2,937/mo
Zestimate® history
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List your homeWhat's special
Wood-burning jotul fireplaceGenerous en-suite bathSpacious primary suiteDual walk-in closetsDramatic great roomThree well-appointed bedroomsRich hardwood floors
Zillow last checked:
Listing updated:
Listed by:
Andrew Jones DRE #01895003 707-684-9078,
Compass 707-395-3840
Bought with:
Rita L Alonso, DRE #01419244
Coldwell Banker Realty
Source: BAREIS,MLS#: 326007804
Originating MLS: Sonoma
Originating MLS: SonomaFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ground Floor, Walk-In Closet 2+
- Level: Main
Bedroom
- Level: Main
Primary bathroom
- Features: Double Vanity, Granite, Radiant Heat, Tile
Dining room
- Level: Main
Kitchen
- Features: Kitchen Island, Stone Counters
- Level: Main
Living room
- Features: Cathedral/Vaulted, Great Room, Open Beam Ceiling, Skylight(s), View
- Level: Main
Heating
- Central, Fireplace(s), Propane, Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Microwave, Dryer, Washer
- Laundry: In Garage
Features
- Cathedral Ceiling(s), Open Beam Ceiling
- Flooring: Carpet, Wood
- Windows: Dual Pane Full
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 1,396
- Total interior livable area: 1,396 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached, Garage Faces Front
- Garage spaces: 1
Features
- Stories: 1
- Fencing: Entry Gate,Partial
- Has view: Yes
- View description: Forest, Ocean, Water
- Has water view: Yes
- Water view: Ocean,Water
Lot
- Size: 2.37 Acres
- Features: Private, Secluded
Details
- Parcel number: 1420331305
- Special conditions: Other
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Cement Siding, Redwood Siding, Wood, Wood Siding
- Foundation: Concrete, Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1963
Utilities & green energy
- Gas: Propane Tank Leased
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Internet Available, Propane Tank Leased
Community & HOA
Community
- Subdivision: Island Cove Estates
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, See Remarks
- Services included: Common Areas, Road
- HOA fee: $280 annually
- HOA name: Island Cove Estates
- HOA phone: 555-555-5555
Location
- Region: Gualala
Financial & listing details
- Price per square foot: $491/sqft
- Tax assessed value: $452,623
- Annual tax amount: $5,069
- Date on market: 2/2/2026
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $685,000$491/sqft |
Source:  BAREIS #326007804 Report a problem | ||
| 4/8/2026 | Pending sale | $685,000$491/sqft |
Source: BAREIS #326007804 Report a problem | ||
| 3/23/2026 | Price change | $685,000-5.5%$491/sqft |
Source: BAREIS #326007804 Report a problem | ||
| 3/5/2026 | Price change | $725,000-3.3%$519/sqft |
Source: BAREIS #326007804 Report a problem | ||
| 2/2/2026 | Listed for sale | $750,000+92.3%$537/sqft |
Source: BAREIS #326007804 Report a problem | ||
| 1/5/2017 | Sold | $390,000-21.2%$279/sqft |
Source: Public Record Report a problem | ||
| 11/5/2009 | Listing removed | $495,000$355/sqft |
Source: Coldwell Banker Pacific Real Estate #20808363 Report a problem | ||
| 7/22/2009 | Listed for sale | $495,000$355/sqft |
Source: Coldwell Banker Pacific Real Estate #20808363 Report a problem | ||
| 6/2/2009 | Listing removed | $495,000$355/sqft |
Source: Coldwell Banker** #20808363 Report a problem | ||
| 2/19/2009 | Listed for sale | $495,000$355/sqft |
Source: Coldwell Banker** #20808363 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,069 +1.7% | $452,623 +2% |
| 2024 | $4,982 +1.6% | $443,749 +2% |
| 2023 | $4,905 +1.7% | $435,049 +2% |
| 2022 | $4,823 | $426,520 +2% |
| 2021 | -- | $418,157 +1% |
| 2020 | $4,732 +1.9% | $413,868 +2% |
| 2019 | $4,643 +2.4% | $405,756 +2% |
| 2018 | $4,532 +5.6% | $397,800 +6.3% |
| 2017 | $4,291 +1.6% | $374,219 +2% |
| 2016 | $4,223 +3.5% | $366,883 +1.5% |
| 2015 | $4,082 +1.9% | $361,374 +2% |
| 2014 | $4,007 | $354,296 +0.5% |
| 2013 | -- | $352,696 +2% |
| 2012 | -- | $345,780 +189.3% |
| 2011 | -- | $119,543 |
Find assessor info on the county website
Neighborhood: 95445
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Nearby schools
GreatSchools rating
- 3/10Arena Elementary SchoolGrades: K-8Distance: 5.4 mi
- 3/10Point Arena High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- District: Arena Union
Source: BAREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- California
- Mendocino County
- Gualala
- 95445
- 46581 Iversen Drive
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