
Coronado, California 92118
This property presents a High-Potential Investment Opportunity with a List Price of $3,350,000—positioned above the $3,165,336 Fair Market Value. While the pricing reflects the premium location, the residence offers a Condition Rating of 5, serving as a "blank canvas" for a comprehensive renovation. Featuring panoramic dual-aspect views and access to resort-style amenities, this asset is located near top-rated schools like Coronado High (10/10). This is a strategic acquisition for Value-Add Investors or Owner-Occupants seeking to curate a world-class trophy property in Coronado.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1820 Avenida Del Mundo 807 Subject | $3,350,000* List Price | 2 | 2 | 1,697 | $1,867 | - |
A 1810 Avenida Del Mundo 505 Active | $2,995,000 List Price | 2 | 2 | 1,710 | $1,751 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 (48 years old) with no evidence of recent renovations. The listing explicitly describes the property as a 'blank canvas' and uses digitally enhanced photos to show 'possibilities,' indicating the actual interior is dated. Non-enhanced photos reveal original popcorn ceilings and aged finishes, necessitating a full rehab to meet modern standards.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Positioned as a high-floor corner unit in the El Mirador tower, the residence offers rare panoramic vistas encompassing the San Diego Bay, city skyline, Point Loma, and the Pacific Ocean.
Residents benefit from the extensive Coronado Shores lifestyle, including exclusive access to oceanfront pools, private beach clubs, professional tennis and pickleball courts, and a fully equipped fitness center.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Marketed as a 'blank canvas' with digitally enhanced listing photos, the property likely requires a comprehensive and costly interior remodel to meet modern luxury standards.
The monthly association fee of $2,099 is substantial, representing a significant ongoing expense that may impact the overall investment profile for some buyers.
Perched high within the prestigious El Mirador tower, this rare corner-unit residence offers an incredible opportunity to curate your dream coastal sanctuary. Spanning 1,697 square feet of well-designed living space, the home serves as a front-row seat to San Diego’s most iconic landscapes. 2 bedrooms and a large den/optional bedroom provide ample room for family life. Because of its unique corner positioning and high floor placement, you are treated to a dual-aspect masterpiece: begin your mornings with golden sunrises over the San Diego Bay, and wind down with vibrant sunsets over the San Diego skyline and Pt Loma, with SE-facing views of the Pacific Ocean. Life at the Coronado Shores is defined by security and resort-style indulgence. Beyond your front door, you have exclusive access to a wealth of amenities, including oceanfront pools and private beach club rooms, professional-grade tennis and pickleball courts, and fully equipped gym facilities. Unlock the full potential of Coronado living with this high-floor "blank canvas" in the sky. A premier investment opportunity for a buyer with a vision. While the current layout is thoughtfully designed, it is the unmatched location and elevation that offer the true value—allowing you to implement high-end upgrades that will transform this space into a world-class trophy property and valuable asset. Some images have been digitally enhanced to show update possibilities
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,697 | 1,354.409 |
| Lot Size | - | 74,769.7 |
| Price | $3.35M | $2.22M |
| Price per sq ft | $2.0K | $1.7K |
| Built year | 1978 | 1977 |
| HOA | $2099.0 | $1.5K |
| Days on market | 126 | 68 |
May 6, 2026
$3,350,000
Initial Listing