221 B Ave, Coronado, California 92118, Coronado, 92118 - 3 bed, 4 bath
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221 B Ave
Coronado, California 92118
ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,287Sq Ft
3,500Lot Size
Property Price
LIST PRICE$2,499,000
EST. MARKET VALUE
$2,694,511
7% BelowMARKET VALUE
SUMMARY
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $2,499,000—positioned well below the $2,694,512 Fair Market Value by 7%. This valuation gap offers $195,512 in Instant Equity. Featuring a newly renovated gourmet kitchen, rooftop decks with bridge views, and an Excellent Condition Rating, this home provides a premium lifestyle. Located near top-rated schools (9/10 and 10/10), it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready coastal sanctuary.
Estimated Market Value
$2,694,511+$195,511 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Coronado.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 221 B Ave Subject | $2,499,000* List Price | 3 | 4 | 2,287 | $1,178 | - |
A 438 H Sold | $2,730,000 | 4 | 3 | 2,285 | $1,195 | 0.6 mi |
B 868 A Ave Sold | $3,225,000 | 4 | 3 | 2,378 | $1,356 | 0.7 mi |
C 369 Alameda Boulevard Sold | $2,400,000 | 3 | 3 | 1,705 | $1,408 | 0.7 mi |
D 1210 3rd Street Sold | $2,065,000 | 3 | 2 | 1,546 | $1,336 | 0.1 mi |
E 274 J Ave Active | $2,799,000 List Price | 4 | 3 | 2,553 | $1,096 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1983, the property has undergone a comprehensive recent renovation within the last 5 years. It features a brand new gourmet kitchen with stainless appliances, fully renovated bathrooms with modern designer finishes, and updated systems including a newer roof, solar panels, and energy-efficient mini-split AC units.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
- Prime Coastal Location
Situated in the heart of Coronado Village just one block from the Bay, this home offers exceptional walkability to the Ferry Landing, boutique shops, and top-rated schools.
- Modernized Interiors & Efficiency
The property features a brand-new gourmet kitchen, renovated bathrooms, and energy-efficient upgrades including solar panels and mini-split AC units, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of only 3,500 square feet, the property offers minimal yard space, which may be a drawback for buyers seeking private green areas or room for expansion.
- Recent Price Appreciation
The property was purchased in May 2024 for $2.175M; the current list price of $2.499M represents a significant premium in a short timeframe that may face scrutiny during appraisal.
About 221 B Ave
Welcome to this beautifully updated 3-bedroom, 3.5-bath single-family home in the heart of Coronado Village, just one block from the Bay. Perfect for families or full-time coastal living, this home offers an open floor plan featuring both a living area and a family room with a cozy fireplace. Warm hardwood floors run throughout, complementing a brand new gourmet kitchen equipped with stainless steel appliances—ideal for both everyday living and entertaining. The spacious bedrooms are filled with abundant natural light, creating a bright and inviting atmosphere. All bathrooms have been newly renovated, offering modern finishes and designer appeal. This home also features a newer roof, updated solar panels, and energy-efficient mini-split AC units in each bedroom. Enjoy the convenience of a spacious two-car garage with additional off-street parking. One of the home’s highlights is the two rooftop decks, offering spectacular views of the City skyline and the iconic Coronado Bridge—perfect for sunset gatherings or quiet mornings. All of this is within walking distance to shops, restaurants, and the Ferry Landing, delivering the best of Coronado’s coastal lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Coronado Unified Schools
Village Elementary School
Grades K-5 • 0.7 mi
8/10
Coronado Middle School
Grades 6-8 • 0.5 mi
9/10
Coronado High School
Grades 9-12 • 0.5 mi
10/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,287 | 2,425.25 |
| Lot Size | 3,500 | 4,473.528 |
| Price | $2.50M | $3.29M |
| Price per sq ft | $1.1K | $1.4K |
| Built year | 1983 | 1977 |
| HOA | $0 | $322 |
| Days on market | 9 | 58 |
Pricing History
Listed for Sale
Aug 31, 2026
$2,499,000
Initial Listing
Sold
May 13, 2024
$2,175,000
Public Record
Sold
Dec 10, 2003
$1,075,000
Public Record