
Coronado, California 92118
This property presents a High-Potential Investment Opportunity with a List Price of $3,495,000—positioned slightly above the $3,431,244 Fair Market Value. While the current Condition Rating of 6 reflects an aging 1953 structure, the primary value lies in the land and its premier coastal location. Featuring panoramic bay and marina views, this 6,373 sqft lot offers a rare blank canvas for a custom luxury residence. Located within the Coronado Unified School District, this is an ideal acquisition for Custom Home Developers or Owner-Occupants seeking to build a high-end island estate.
Rare Coronado land opportunity. 6,373 sqft lot with panoramic bay views. Prime location near Yacht Club and top-rated schools. Perfect for custom luxury build.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1533 10th Street Subject | $3,394,800* List Price | 4 | 3 | 2,160 | $1,555 | - |
A 1411 8th Street Sold | $3,950,000 | 3 | 3 | 2,426 | $1,628 | 0.2 mi |
B 557 A Ave Sold | $3,871,475 | 3 | 3 | 2,080 | $1,861 | 0.4 mi |
C 624 J Ave Sold | $3,600,000 | 4 | 3 | 2,511 | $1,434 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1953 (>70 years old) with no recorded renovations; the listing explicitly states the value lies primarily in the land and suggests redevelopment or starting fresh with a custom residence.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Ideally situated moments from the marina, beach, and Yacht Club, offering unparalleled access to Coronado’s world-class amenities and lifestyle.
The property serves as a rare blank canvas on a 6,373 sqft lot, providing a significant opportunity to build a custom luxury residence or execute a full-scale remodel in a high-demand area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The primary value lies in the land, as the original 1953 structure likely requires extensive renovation or a complete teardown to meet modern luxury standards.
With a list price of $3.495M for a property marketed primarily for its land value, buyers must be prepared for substantial additional investment for construction or redevelopment.
An exceptional opportunity to acquire a property in one of Coronado’s most desirable locations. The value lies primarily in the land and setting, offering buyers the chance to renovate extensively or start fresh with a newly built custom residence. Situated just moments from the marina, beach, and iconic island amenities, this property provides a rare blank canvas in a premier coastal neighborhood. Whether reimagined through a full-scale remodel or redeveloped entirely, the location supports creating a high-end home tailored to your vision. With close proximity to the Yacht Club, golf course, tennis center, Hotel Del, and Orange Avenue dining and shopping, opportunities like this are increasingly scarce. A true chance to build in one of the island’s most sought-after areas.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,160 | 2,375 | 43% |
| Lot Size | 6,373 | 4,197 | 73% |
| Price | $3.39M | $3.31M | 51% |
| Price per sq ft | $1.6K | $1.5K | 54% |
| Built year | 1953 | 1970 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 127 | 17% |
Jun 6, 2026
$3,394,800
$3,495,000
-3% Price Drop
Initial Listing
May 19, 2026
$3,495,000
Initial Listing
May 9, 2025
$3,100,000
Public Record