1411 8th Street, Coronado, California 92118, Coronado, 92118 - 3 bed, 3 bath

1411 8th Street, Coronado, California 92118 home-pic-0
ACTIVE$3,999,999$2,426/sqft
Est. Value: $3,979,526
%
FairlyEstimate
1411 8th Street, Coronado, California 92118
3Beds
3Baths
2,426Sqft
8,000Lot

Price Vs. Estimate

The estimated value ($3,979,525.86) is $20,473.14 (0%) lower than the list price ($3,999,999). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Top Cons:
Dated Existing Structure: Built in 1952, the current 2,426-square-foot residence is likely outdated and will require substantial renovation or a complete rebuild to meet modern standards and maximize its potential.

Compared to the nearby listings

Price:$4.00M vs avg $3.49M (+$509,999)67%
Size:2,426 sqft vs avg 2,427 sqft49%
Price/sqft:$1.6K vs avg $1.4K67%

More Insights

Built in 1952 (74 years old).
Condition: Built in 1952, the property's description explicitly states it's a 'dated existing structure' requiring 'substantial renovation or a complete rebuild.' The images confirm this, showcasing a kitchen with very dated light wood cabinets, tiled backsplash, mixed appliances, and terracotta-style flooring. Two of the bathrooms feature extremely outdated patterned tile countertops and walls, while the third, though slightly less dated, still requires significant modernization. Overall, the home is functional but severely outdated in style and finishes, necessitating a major capital investment to meet current quality standards.
Year Built
1952
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
$1,649
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2600338
Home ConditionPoor
Features
Deck
Pool
Patio
ViewNeighborhood

About this home

Set amidst some of Coronado’s most prestigious addresses awaits a rare opportunity to reimagine a home that has not been offered for sale in over 70 years. Tucked just off Adella Ave and A Ave, this long-held family estate is three blocks from the iconic Hotel del Coronado, half a block from Mathewson Park, and an easy walk or bike ride to tennis, boating, golf, shopping, and dining. The expansive 8,000-square-foot lot, with an impressive 216’ of depth, offers a sense of scale and privacy that is rarely found within the Village, especially this close to the shoreline. The existing 2,426-square-foot residence presents a compelling opportunity to renovate and expand, with the potential to add over 2,000 square feet, often resulting in meaningful time and cost savings compared to starting from the ground up. For those seeking a fresh start, the lot’s generous dimensions and premier setting also make it an ideal canvas for a fully custom new build. Surrounded by notable homes and anchored by an irreplaceable Village location, this property offers the chance to create a truly timeless Coronado residence, where lifestyle, long-term value, and architectural possibility converge. Opportunities like this are rare, and even more rarely repeated.

J
James Nelson
Listing Agent

Nearby schools

8/10
Village Elementary School
Public,K-50.6mi
9/10
Coronado Middle School
Public,6-80.5mi
10/10
Coronado High School
Public,9-120.4mi
Condition Rating
Poor

Built in 1952, the property's description explicitly states it's a 'dated existing structure' requiring 'substantial renovation or a complete rebuild.' The images confirm this, showcasing a kitchen with very dated light wood cabinets, tiled backsplash, mixed appliances, and terracotta-style flooring. Two of the bathrooms feature extremely outdated patterned tile countertops and walls, while the third, though slightly less dated, still requires significant modernization. Overall, the home is functional but severely outdated in style and finishes, necessitating a major capital investment to meet current quality standards.
Pros & Cons

Pros

Great Schools: Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Premier Coronado Village Location: Situated in an irreplaceable Village location, just three blocks from the iconic Hotel del Coronado and half a block from Mathewson Park, offering unparalleled access to amenities, dining, and the beach.
Expansive & Private Lot: An impressive 8,000-square-foot lot with 216’ of depth, providing a rare sense of scale and privacy within the highly sought-after Coronado Village.
Significant Development Potential: Offers compelling opportunities for renovation and expansion, with the potential to add over 2,000 square feet, or serves as an ideal canvas for a fully custom new build, providing flexibility for future owners.
Rare Market Opportunity: This property has not been offered for sale in over 70 years, representing a unique and rare chance to acquire a significant estate in a prestigious neighborhood.
Top-Rated School District: Located within the highly-regarded Coronado Unified School District, with excellent public schools (ratings 8-10) in close proximity, appealing to families.

Cons

Dated Existing Structure: Built in 1952, the current 2,426-square-foot residence is likely outdated and will require substantial renovation or a complete rebuild to meet modern standards and maximize its potential.
Significant Capital Investment Required: Realizing the property's full value and potential will necessitate a considerable financial investment for either extensive renovation or new construction, beyond the initial purchase price.
Limited Premium Views: While the property has a 'Neighborhood' view, it lacks the highly coveted panoramic ocean, bay, or city light views that often command a premium in the Coronado market.
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