241 243 F Avenue, Coronado, California 92118, Coronado, 92118 - 6 bed, 4 bath
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Coronado, California 92118
This Dual-Residence Village Estate is a Value-Driven Acquisition listed at $3,575,000—positioned well below the $3,632,442 Fair Market Value by 1%. This valuation offers $57,442 in Instant Equity. The property features two detached homes on a 7,000 sq. ft. R1B-zoned lot with a Condition Score of 4 and a non-historic determination. Located in the Coronado Unified School District with a private deck and skyline views, it balances lifestyle with investment upside. This is a high-potential acquisition for Owner-Occupants seeking a house-hack or Developers eyeing side-by-side residences.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 241 243 F Avenue Subject | $3,575,000* List Price | 6 | 4 | 2,426 | $1,474 | - |
A 1405 10th Street Sold | $3,440,000 | 4 | 4 | 2,304 | $1,493 | 0.9 mi |
B 624 J Ave Sold | $3,600,000 | 4 | 3 | 2,511 | $1,434 | 0.5 mi |
C 832 San Luis Rey Sold | $3,450,000 | 4 | 4 | 2,823 | $1,222 | 0.9 mi |
D 620 Coronado Ave Sold | $3,310,000 | 5 | 3 | 2,983 | $1,110 | 0.7 mi |
E 435 Country Club Ln Sold | $3,227,500 | 4 | 3 | 2,375 | $1,359 | 0.5 mi |
F 1220 Alameda Blvd Sold | $4,200,000 | 4 | 4 | 2,384 | $1,762 | 1.0 mi |
G 438 H Active | $2,995,000 List Price | 4 | 3 | 2,285 | $1,311 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features two residences built in 1943 and 1971 that appear well-maintained and livable, but are significantly aged. While the front house retains 'timeless character' with hardwood floors, both units feature outdated kitchen and bathroom styles consistent with their era or older renovations. The listing's emphasis on redevelopment potential and a non-historic determination suggests the value lies primarily in the land and future construction rather than the current condition of the structures.
The property features two separate detached homes on a single lot, providing excellent flexibility for rental income, multi-generational living, or a guest house.
The generous 7,000 sq. ft. R1B-zoned lot includes a non-historic determination, simplifying the process for future renovation or redevelopment into two side-by-side residences.
Situated in a highly sought-after area of Coronado Village, the property is just moments from the San Diego Bay, the Ferry Landing, and local amenities.
With the original structures built in 1943 and 1971, the property likely requires significant updates or a full remodel to meet modern luxury standards.
Both homes offer relatively small footprints (1,156 and 1,270 sq. ft.), which may feel restrictive for buyers seeking a large, cohesive single-family estate.
While the lot offers potential, any future reconfiguration or side-by-side development is subject to City approvals and rigorous buyer due diligence.
A rare offering in Coronado Village, 241–243 F Avenue presents two separate residences thoughtfully positioned on a generous 7,000 sq. ft. lot just moments from the Bay and the Ferry Landing. The front home, originally built in 1943, is a single-story 3-bedroom, 2-bath residence offering timeless character and everyday livability. Hardwood flooring, an inviting street presence, driveway parking, a one-car garage, and a private backyard create a comfortable setting in a highly desirable Village location. Positioned toward the rear of the property, the second residence is a two-story home built in 1971, also offering a three-bedroom, two-bath layout with one bedroom conveniently situated on the main level. The home features an inviting living space with sliding doors opening to a private backyard, along with a full bath and dedicated laundry. Upstairs are two additional bedrooms, including the primary bedroom with direct access to a private deck overlooking the downtown San Diego skyline. Three dedicated parking spaces further enhance functionality and ease of living. The generous 7,000 sq. ft. R1B-zoned parcel presents meaningful long-term potential, including possible redevelopment into two side-by-side residences, subject to buyer due diligence and City approvals. The property has also received a non-historic determination from the Historic Resource Commission, offering added clarity for those considering future renovation or reconfiguration. A unique and compelling opportunity in one of Coronado Village’s most sought-after locations, rich with possibility. Front House is 1,156 SF and Back House is 1,270 SF per Matterport. Matterports are available for both residences, see virtual tour links.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 97% |
| Baths | 4.0 | 3.0 | 55% |
| Square foot | 2,426 | 2,426 | 50% |
| Lot Size | - | 4,332.5 | 39% |
| Price | $3.58M | $3.44M | 52% |
| Price per sq ft | $1.5K | $1.4K | 52% |
| Built year | 1943 | 1985 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 154 | 22% |
Feb 13, 2026
$3,575,000
Initial Listing