It is currently used mostly for football matches and is the home ground of CD Everton. The stadium holds 22,360 people, was built in 1929 and completely renovated in 2015. The stadium has hosted the 1962 World Cup, two times the Copa América (1991 and 2015) and a FIFA U-17 World Cup.
In 1960, the stadium was practically destroyed by the Valdivia earthquake, but the rapid reconstruction financed by the municipality did that the ground was chosen as one of the venues to hold the 1962 World Cup hosting all the games of the Group C as well as one during the quarterfinals and semifinals respectively.
In 1991, Sausalito returned to international football, after appearing as one of the four venues in the Copa América of that year, alongside Santiago, Valparaíso and Concepción.
In January 2004, a new electronic scoreboard was installed in the stadium as part of the requirements for hosting the Pre-Olympic Tournament of that year.[4]
As one of the venues for the 1962 World Cup, the Estadio Sausalito hosted eight matches including the semi-final between Czechoslovakia and Yugoslavia. It was also one of four venues to host matches during the 1991 Copa América, and it was one of the eight venues to host matches during the 2015 Copa América.