424 Adella, Coronado, California 92118, Coronado, 92118 - 3 bed, 3 bath
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Coronado, California 92118
This property presents a High-Potential Investment Opportunity with a List Price of $1,695,000—positioned well below the $1,700,000 Fair Market Value by 0.29%. This valuation gap offers $5,000 in Instant Equity. With a Condition Rating of 4, the home serves as a versatile canvas for modernization. Featuring an oversized 3,500 sq. ft. lot, a two-car garage, and panoramic bay views, it is perfectly situated near top-rated schools. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity in Coronado.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 424 Adella Subject | $1,695,000* List Price | 3 | 3 | 1,325 | $1,283 | - |
A 1010 5th Sold | $1,200,000 | 2 | 2 | 840 | $1,429 | 0.3 mi |
B 201 C Ave Active | $1,425,000 List Price | 2 | 2 | 874 | $1,630 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (29 years old), the property features original finishes that are now dated. The kitchen and bathrooms retain 90s-era oak cabinetry and white appliances, and the listing explicitly highlights the opportunity to remodel and redesign. While functional and move-in ready, it requires updates to meet modern standards.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Ideally situated in Coronado Village with exceptional access to top-rated schools, world-famous beaches, and the Coronado Golf Course, offering a premium coastal lifestyle.
The oversized 3,500 sq. ft. lot provides significant outdoor space and a rare two-car garage plus additional parking, which is highly uncommon for detached homes at this price point in the area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1325, other record living area = 921. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,325 square feet, the interior living area is relatively small for a three-bedroom detached home, which may limit its appeal to larger families.
The marketing emphasis on 'reimagining' and 'updating' suggests that the 1997 original finishes may require a substantial additional investment to meet modern luxury standards.
Welcome to 424 Adella Lane, a rare opportunity to own a detached home on an oversized approximately 3,500 sq. ft. lot in beautiful Coronado Village. Offering approximately 1,325sf of living space, the home features 3 bedrooms and 3 bathrooms, providing flexibility for full-time living, a 2nd home, or investment property with opportunity to remodel, redesign, and reimagine! The property offers a desirable two-car garage plus additional parking and valuable outdoor space rarely found at this price point. Enjoy the convenience of exceptional access on and off the island, making commuting a breeze while still enjoying the charm and lifestyle that make Coronado one of Southern California's most sought-after communities. Ideally located near parks, the Coronado Golf Course, top-rated schools, shopping, dining, and world-famous beaches, this home places the best of Coronado right at your doorstep. Whether you're looking to move in and enjoy as-is, update to your taste, or explore future possibilities, 424 Adella Lane presents an outstanding opportunity in an unbeatable location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,325 | 2,796.5 |
| Lot Size | 3,486 | 5,723 |
| Price | $1.70M | $3.37M |
| Price per sq ft | $1.3K | $1.4K |
| Built year | 1997 | 1989 |
| HOA | $0 | $209 |
| Days on market | 36 | 60 |
Jul 11, 2026
$1,695,000
$1,725,000
-2% Price Drop
Initial Listing
Jun 23, 2026
$1,725,000
$1,700,000
+1% Price Increase
Initial Listing
Jun 16, 2026
$1,700,000
Initial Listing