1027 G Avenue, Coronado, California 92118, Coronado, 92118 - 5 bed, 4 bath

1027 G Avenue, Coronado, California 92118 home-pic-0
ACTIVE$8,995,000
1027 G Avenue, Coronado, California 92118
5Beds
4Baths
4,208Sqft
9,138Lot
Year Built
1913
Close
-
List price
$8.99M
Original List price
$8.99M
Price/Sqft
$2,138
HOA
-
Days on market
-
Sold On
-
MLS number
250039672SD
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $8.99M(88th), sqft - 4208(89th), beds - 5(77th), baths - 4(53th).

A once-in-a-generation opportunity awaits! Coronado’s original Mills Act residence has been completely reimagined and is ready for its next chapter. Welcome to 1027 G Avenue—a historic treasure perched on a tree-lined street, just steps from the beach. Designed by celebrated architect Kevin Rugee, the home underwent a multi-year transformation with no expense spared: a new foundation, structure, exquisite finishes, and a 1,250sf addition. The living room features a rebuilt 112-year-old wood-burning fireplace and a stunning dining area with artisan touches throughout. At the heart, the chef’s kitchen showcases an 11ft Cambria-stone island, dual sinks, an adjacent butler’s pantry, custom cabinetry and striking tile—flowing to a spacious family room with a second fireplace and sliders to the backyard oasis. Two first-floor bedrooms, a full bath, an exquisite powder room and laundry complete the main level. Outside, enjoy a heated pool and spa and relax around the gas fire pit while gourmet meals are prepared on the EVO grill. A 500sf garage, built for dual car lifts, plus a five-car driveway offers rare island parking. Upstairs, a media room connects two guest bedrooms, a full bath and a sunroom overlooking the quaint avenue. The primary suite crowns the level—bright and spacious with reclaimed wood from the original home, a third fireplace, spa-inspired bath, and a generous walk-in closet. This extraordinary offering is your chance to own Coronado’s original Mills Act masterpiece—reborn with unmatched craftsmanship, benefitting from property taxes rarely seen in California.

Nearby schools

8/10
Village Elementary School
Public,K-50.5mi
9/10
Coronado Middle School
Public,6-80.6mi
10/10
Coronado High School
Public,9-120.5mi

Price History

Date
Event
Price
09/23/25
Listing
$8,995,000
Condition Rating
Excellent

Despite being built in 1913, this property has undergone a 'multi-year transformation with no expense spared,' including a new foundation, structure, and a 1,250 sqft addition. The description and images showcase a 'chef’s kitchen' with an 11ft Cambria-stone island, custom cabinetry, modern appliances, and striking tile. Bathrooms are 'spa-inspired' with contemporary vanities, backlit mirrors, and stylish tiling. All visible components, from flooring to light fixtures and systems, appear new or virtually new, reflecting current high-quality standards and extensive recent renovation.
Pros & Cons

Pros

Mills Act Status & Tax Benefits: As Coronado's original Mills Act residence, the property offers significant property tax benefits, a rare and valuable advantage in California.
Exceptional Renovation & Craftsmanship: The home underwent a multi-year, no-expense-spared transformation, including a new foundation, structure, a 1,250 sqft addition, and exquisite finishes, showcasing unmatched craftsmanship.
Prime Coronado Location: Situated on a tree-lined street in Coronado Village, the property is a historic treasure just steps from the beach, offering highly desirable island living.
Luxurious Outdoor Oasis: The backyard features a heated pool and spa, a gas fire pit, and an EVO grill, creating a private and sophisticated outdoor entertaining space.
Ample & Specialized Parking: A 500 sqft garage built for dual car lifts, combined with a five-car driveway, provides rare and extensive parking options for an island property.

Cons

High Price Point: The listing price of $8.995 million positions this property in a highly exclusive market, significantly limiting the pool of potential buyers.
Historic Property Maintenance Nuances: Despite extensive renovations, owning a 1913 historic property, even with Mills Act benefits, may entail specific maintenance considerations or preservation guidelines not typically found in newer constructions.
Specific Aesthetic Appeal: The description emphasizes 'artisan touches' and 'unmatched craftsmanship,' which, while high quality, could mean the home's unique design aesthetic might appeal to a more niche luxury buyer, potentially affecting market duration.

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