1 The Point, Coronado, California 92118, Coronado, 92118 - 4 bed, 6 bath
ACTIVE$11,950,000$6,451/sqft
1 The Point, Coronado, California 92118
4Beds
6Baths
6,451Sqft
8,137Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Silver Strand Elementary School (9/10). Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Top Cons:
High Price Point & Niche Market: The $11.95 million list price targets an extremely affluent and niche buyer demographic, which could result in a longer marketing period and a smaller pool of potential purchasers.
Compared to the nearby listings
Price:$11.95M vs avg $3.49M (+$8,460,000)94%
Size:6,451 sqft vs avg 2,450 sqft97%
Price/sqft:$1.9K vs avg $1.4K78%
More Insights
Built in 1991 (35 years old).
Condition: Despite being built in 1991, the listing explicitly states the property has been 'impeccably updated' and 'extensively renovated.' Key updates include a remodeled kitchen with new high-end appliances, new stone and engineered hardwood floors, new ACs, new roof gutters, and LED lighting. The images showcase a modern, luxurious interior with pristine finishes, including a high-quality, contemporary bathroom. All major systems and aesthetic elements appear new or virtually new, indicating a comprehensive renovation within the last 5 years, meeting current quality standards with no deferred maintenance.
Year Built
1991
Close
-
List price
$11.95M
Original List price
$11.95M
Price/Sqft
$1,852
HOA
$188.75
Days on market
-
Sold On
-
MLS number
250046030SD
Home ConditionExcellent
Features
Excellent View: Bay, Back Bay, Canal, City Lights, Coastline, Harbor, Marina, Mountain(s), Panoramic
Patio
ViewBay,Back Bay,Canal,City Lights,Coastline,Harbor,Marina,Mountain(s),Panoramic
About this home
QUINTESSENTIAL BAYFRONT LIVING IN THE BEST LOCATION IN THE CORONADO CAYS! RARELY AVAILABLE 132' OF SOUTH FACING WATERFRONT ON OPEN BAY! Incredible panoramic bay, mountain and city views! Boasting over 11,000 square feet of wharfage. No less than four boat slips where you can park your large catamaran along with your yacht, speed boat and water toys. Exclusive architecturally designed and impeccably updated. Kitchen remodeled with new high-end appliances. His and her bathrooms in primary bedroom. All ensuite bedrooms with balconies. New stone and engineered hardwood floors. New stone fireplace. Refurbished dock. New ACs. New roof gutters. LED lighting. Move in ready! Don't miss this once in a lifetime chance to own the most exquisite home on the water on San Diego Bay! A house like this would cost $25M in Newport Beach! Fixer uppers selling for $12M on 40' wide lots up there. Much better bay to boat on here too.
J
Jaime Bea
Listing Agent
Nearby schools
9/10
Silver Strand Elementary School
Public,•K-5•1.3mi
9/10
Coronado Middle School
Public,•6-8•5.3mi
10/10
Coronado High School
Public,•9-12•5.1mi
Price History
Date
Event
Price
03/30/22
Sold
$6,616,500
07/08/02
Sold
$5,250,000
Condition Rating
Excellent
Despite being built in 1991, the listing explicitly states the property has been 'impeccably updated' and 'extensively renovated.' Key updates include a remodeled kitchen with new high-end appliances, new stone and engineered hardwood floors, new ACs, new roof gutters, and LED lighting. The images showcase a modern, luxurious interior with pristine finishes, including a high-quality, contemporary bathroom. All major systems and aesthetic elements appear new or virtually new, indicating a comprehensive renovation within the last 5 years, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: Silver Strand Elementary School (9/10). Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Unrivaled Waterfrontage & Location: Boasts a rare 132 feet of south-facing waterfront on the open bay in the prime Coronado Cays location, offering direct and expansive water access.
Extensive Boating Amenities: Features over 11,000 square feet of wharfage with no less than four boat slips, accommodating large catamarans, yachts, speed boats, and other water toys.
Panoramic Views: Offers incredible panoramic views of the bay, mountains, and city lights, enhancing the property's aesthetic appeal and value.
Extensively Updated & Move-in Ready: The property has been impeccably updated with a remodeled kitchen, new high-end appliances, new ACs, roof gutters, LED lighting, and a refurbished dock, making it move-in ready.
Luxury Interior Features: Includes high-end finishes such as new stone and engineered hardwood floors, a new stone fireplace, his and her bathrooms in the primary suite, and all ensuite bedrooms with private balconies.
Cons
High Price Point & Niche Market: The $11.95 million list price targets an extremely affluent and niche buyer demographic, which could result in a longer marketing period and a smaller pool of potential purchasers.
Significant Ongoing Maintenance: A property of this scale, particularly with extensive waterfront infrastructure like wharfage and multiple boat slips, will inherently incur substantial ongoing maintenance and upkeep costs.
High Property Tax Burden: Given the property's high valuation in California, prospective buyers will face a very significant annual property tax obligation, adding to the overall cost of ownership.