43 Montego Court, Coronado, California 92118, Coronado, 92118 - 2 bed, 2 bath
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Coronado, California 92118
This Bayfront Condominium represents a High-Potential Investment Opportunity, listed at $1,199,999—positioned well below the $1,234,007 Fair Market Value by 2%. This valuation gap offers $34,008 in Instant Equity. With a Mint Condition Rating, this residence features a renovated kitchen, unobstructed bay views, and a detached two-car garage. Located in a top-tier district with 10/10 rated schools, it offers a premium coastal lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-value asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43 Montego Court Subject | $1,199,999* List Price | 2 | 2 | 1,501 | $822 | - |
A 46 Montego Court Sold | $1,040,000 | 2 | 2 | 1,471 | $707 | - |
B 90 Montego Court Active | $1,389,000 List Price | 3 | 3 | 1,471 | $944 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1981, the property has undergone a comprehensive recent renovation within the last 5 years. The kitchen and bathrooms feature modern light-wood cabinetry, quartz countertops, and stainless steel appliances. The interior shows new wood-look flooring, recessed lighting, and fresh paint throughout, meeting the criteria for mint condition with no maintenance required.
Elementary School: Silver Strand Elementary School (9/10). Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
This ground-floor, single-level condo offers direct bay views and immediate access to the water, providing a rare and highly desirable coastal lifestyle in the Coronado Cays.
Residents benefit from a gated community setting with access to a private clubhouse, pool, and jacuzzi, plus priority for boat slip rentals and proximity to parks and beaches.
The association fee of $797 per month is a significant recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
While offering a peaceful retreat, the property is located several miles from the main shopping and dining hub of Coronado Village, requiring a drive for most errands.
Views! Views! Views! Don’t miss out on owning this GROUND FLOOR one level bay front condo! It features a spacious 2-bedrooms, 2 bathrooms in beautiful Coronado Cays. The kitchen offers stainless steel appliances & quartz counter tops. The condo includes your own detached two car garage with extra storage. The large Primary bedroom has a walk-in closet, dual sinks and a slider to your private back patio. Enjoy the front patio looking at the bay. Silver Strand State Beach is a short walk where you can enjoy the surf & sand. Resort style living as the community includes City parks with pickleball, tennis courts, walking & bike paths as well as play structures for the kids. The Montego Bay Villas is one of the few gated communities in the Cays. They offer a private clubhouse, pool & jacuzzi. Homeowners have priority for Boat slips rentals if available. The Lowes Coronado Bay resort is just a short walk while the shops and restaurants of Coronado Village are only a few miles away. Come live in one of the best cities in San Diego!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 5.1 mi
Grades 9-12 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,501 | 1,647 | 46% |
| Lot Size | - | - | 50% |
| Price | $1.20M | $1.89M | 20% |
| Price per sq ft | $799 | $1.3K | 7% |
| Built year | 1981 | 1980 | 52% |
| HOA | $797.0 | $1.0K | 35% |
| Days on market | 7 | 146 | 17% |
May 31, 2026
$1,199,999
Initial Listing
May 30, 2026
$1,999,000
Initial Listing