
Coronado, California 92118
This Luxury Waterfront Sanctuary is listed at $3,495,000, positioned slightly below the $3,515,738 Fair Market Value by 1%. This valuation provides $20,738 in Instant Equity for a residence in Excellent Condition Rating featuring a modernized chef’s kitchen and private pool and spa. With 57 feet of prime bay frontage and access to Top-Rated Schools including Coronado High (10/10), this turnkey home defines coastal elegance in the Coronado Cays. It is an ideal acquisition for luxury homebuyers or Owner-Occupants seeking a move-in-ready nautical lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 Spinnaker Way Subject | $3,495,000* List Price | 3 | 4 | 2,950 | $1,192 | - |
A 24 Bahama Bend Sold | $2,730,000 | 4 | 3 | 2,242 | $1,218 | 0.6 mi |
B 48 Spinnaker Way Pending | $3,995,000 List Price | 3 | 3 | 3,012 | $1,326 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone extensive recent renovations that meet current luxury standards. The kitchen is fully modernized with high-end stainless steel appliances, including a Sub-Zero refrigerator, white shaker cabinetry, and contemporary glass tile backsplashes. The interior features updated hardwood flooring, recessed lighting, and modern fixtures throughout, while the exterior pool and patio areas are in pristine condition.
Elementary School: Silver Strand Elementary School (9/10). Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Boasting 57 feet of prime waterfront with unobstructed bay views and direct beach access, this property offers a rare and highly desirable coastal lifestyle in the Coronado Cays.
The residence features a private pool and spa, a significant luxury for waterfront homes, facilitating seamless indoor-outdoor living and immediate access to water activities like kayaking and paddleboarding.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1989, the property may require modern aesthetic updates or system upgrades to meet the expectations of contemporary luxury buyers looking for new-build finishes.
While the assigned schools are top-rated, the middle and high schools are located nearly six miles away, which may be a logistical consideration for families with school-aged children.
Introducing 21 Spinnaker Way, an exceptional waterfront opportunity in the coveted Coronado Cays! Boasting approximately 57 feet of prime waterfront frontage, this impressive property captures sweeping, unobstructed bay views and offers a front-row seat to Southern California’s most captivating coastal scenery. This is indoor-outdoor living at its finest, complete with a private pool, spa, and direct beachfront access just steps from your door. Enjoy kayaking, paddle boarding, or simply relaxing while watching sea turtles and vibrant marine life right from your very own backyard. The main level offers an ideal layout for hosting and everyday living, featuring a well-appointed kitchen, sunny breakfast nook, spacious living room, formal dining room, and a dedicated office. An attached two-car garage adds convenience. The spacious second floor features three bedrooms and three full bathrooms, plus a large family room ideal for entertaining or relaxing. The expansive primary suite is a true retreat, offering a private balcony with stunning bay views. It is the perfect place to begin and end your day. This waterfront residence combines premier frontage, versatile living spaces, and an unbeatable lifestyle. Don’t miss your chance to own in one of the Cays’ most desirable locations.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 6.0 mi
Grades 9-12 • 5.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 4.0 | 3.0 | 55% |
| Square foot | 2,950 | 2,426.5 | 72% |
| Lot Size | - | 4,332.5 | 39% |
| Price | $3.50M | $3.44M | 52% |
| Price per sq ft | $1.2K | $1.4K | 27% |
| Built year | 1989 | 1987 | 55% |
| HOA | $209.25 | $0 | 81% |
| Days on market | 30 | 154 | 16% |
Mar 23, 2026
$3,495,000
Initial Listing