
Coronado, California 92118
This property represents a High-Potential Investment Opportunity, listed at $3,699,000—positioned well below the $3,610,477 Fair Market Value by -2%. Featuring Dual-Residence Versatility with a 3,000+ sqft main home and a detached guest house, this Fair Condition Rating asset offers significant upside through modernization. Located in a premier district with Top-Rated Schools (Coronado High 10/10), the property provides rare Development Potential on two underlying parcels. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term flexibility and rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 349 G Subject | $3,699,000* List Price | 7 | 5 | 4,634 | $779 | - |
A 258 H Ave Sold | $4,200,000 | 7 | 6 | 4,627 | $908 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property is dated but well-maintained and functional. While the age technically falls into the 'poor' bracket, the visual evidence shows a clean, 'immediately livable' interior with some updated flooring and no apparent structural defects. It fits the 'fair' criteria as it features original 80s elements like the tile fireplace and built-ins that require cosmetic updates.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
The property features two distinct homes on a single lot, including a 3,000+ sqft main residence and a detached 3-bedroom guest house, offering exceptional potential for rental income or multi-generational living.
Situated on two separate underlying parcels, this lot provides rare long-term flexibility for the future construction of two detached single-family homes in the highly sought-after Coronado Village.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4634, other record living area = 3042. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3462, living area = 3042.
Built in 1986, the homes may require significant interior updates and modernization to meet the expectations of today's luxury buyers at this price point.
A rare opportunity to own two homes on a spacious lot in Coronado Village, comprising a generous 3,000+ square foot main residence and a detached three-bedroom residence with its own address. Set on two separate underlying parcels, the property offers immediate livability and long-term flexibility in equal measure. The main home features four bedrooms and 2.5 baths across a floor plan with real room to spread out — separate living and family rooms, generously scaled bedrooms, and multiple outdoor spaces that extend the living area beyond the walls. A two-car garage with additional driveway parking completes the front residence. The detached rear home guest house offers three bedrooms, 1.5 baths, an attached garage, and a spacious private yard — well suited to extended family, guests, a dedicated workspace, or rental income, with the privacy only a fully separate structure provides. With two underlying parcels, there is also potential for future construction of two detached single-family homes. Live in one, lease the other, or plan for what comes next.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.6 |
| Baths | 5.0 | 3.0 |
| Square foot | 4,634 | 2,425.25 |
| Lot Size | - | 4,473.528 |
| Price | $3.70M | $3.29M |
| Price per sq ft | $798 | $1.4K |
| Built year | 1986 | 1977 |
| HOA | $0 | $322 |
| Days on market | 36 | 58 |
Aug 4, 2026
$3,699,000
Initial Listing