Situated 13 km east of Honavar, Gundabala is a picturesque village on the banks of the
Sharavati River. The village is renowned for the classical Yakshagana performance. This place has historical importance, as black pepper used to be exported from here in the medieval period.
Gundabala is believed to have been under the rule of the
Kadamba Dynasty. There are several ancient temples dedicated to Goddess Durga and Padmavati. Mukhyaprana Temple is the major point of attraction at Gundabala. Yakshagana is held here on every alternate day except during the rainy seasons. Boating facilites are available for the tourists.
The nearest railway station is located at Honavar (13 km).