139 I Avenue, Coronado, California 92118, Coronado, 92118 - 3 bed, 2 bath
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Coronado, California 92118
This Single-Story Coronado Cottage is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,180,163 Fair Market Value by 8%. This valuation gap offers $185,163 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the 1961 interior requires modernization to unlock its full potential near Bayview Park. Featuring a private back patio and access to Top-Rated Schools like Coronado High (10/10), this is a premier acquisition for Value-Add Investors or Owner-Occupants seeking a custom renovation project in an elite coastal enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 139 I Avenue Subject | $1,995,000* List Price | 3 | 2 | 1,406 | $1,551 | - |
A 264 A Ave Sold | $2,306,000 | 2 | 2 | 1,395 | $1,653 | 0.6 mi |
B 812 H Ave Active | $2,399,950 List Price | 3 | 2 | 1,422 | $1,688 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this home is well-maintained but shows significant signs of being outdated. The kitchen features older white appliances, electric coil stovetop, and laminate countertops, while the living areas contain aged brown carpeting and older light fixtures. While the property is clean and functional, it has not undergone a major renovation in several decades and requires modernization to meet current market standards.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Situated just half a block from Bayview Park on a prestigious tree-lined street, this property offers immediate access to iconic views of the San Diego Bay and Downtown skyline in a highly coveted neighborhood.
The combination of a single-story layout and a detached two-car garage with alley access provides a level of convenience and accessibility that is exceptionally difficult to find in the Coronado market at this price point.
With a lot size of 3,647 square feet, the outdoor space is relatively limited, which may constrain options for significant structural expansions or large-scale private gardens.
The property is positioned as a fixer-opportunity, implying that the original 1960s systems and finishes will likely require a substantial additional capital investment to meet contemporary luxury standards.
Located half a block from Bayview Park overlooking Downtown San Diego and the San Diego Bay, this single-story cottage sits on one of Coronado's most beloved tree-lined streets. Featuring 3 bedrooms, 2 baths, and 1,406 square feet ready to make your own. The home sits on a 3,647 square foot lot with a charming enclosed front yard, a back patio perfect for alfresco dining, and a detached two-car garage on the alley — a combination that's harder to find in this zip code than the price suggests. For the buyer who wants single-level living without compromise, a location that rarely comes available, and the upside of putting their own stamp on a home in one of San Diego's most coveted communities — this is the one.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 3.0 | 22% |
| Square foot | 1,406 | 2,420 | 8% |
| Lot Size | 3,647 | 4,332.5 | 47% |
| Price | $2.00M | $3.42M | 9% |
| Price per sq ft | $1.4K | $1.4K | 45% |
| Built year | 1961 | 1985 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 154 | 14% |
Apr 14, 2026
$1,995,000
Initial Listing