506 Palm Avenue, Coronado, California 92118, Coronado, 92118 - 1 bed, 1 bath

506 Palm Avenue, Coronado, California 92118 home-pic-0
ACTIVE$999,000
506 Palm Avenue, Coronado, California 92118
1Bed
1Bath
826Sqft
5,900Lot
Year Built
1983
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$1,209
HOA
$150
Days on market
-
Sold On
-
MLS number
OC25257785
Home ConditionGood
Features
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $999.0K(8th), sqft - 826(10th), beds - 1(18th), baths - 1(17th).

Located just moments from Coronado’s vibrant village and beautiful bayfront, this bright and refreshed 1-bedroom, 1-bath condo offers 826 sq. ft. of comfortable coastal living. The spacious layout features newly updated flooring throughout, an open living area filled with natural light, and a well-appointed kitchen with white cabinetry, granite countertops, and stainless steel appliances. The generously sized bedroom includes ample closet space and direct access to the upgraded bathroom with a wide vanity and modern finishes. The building’s Spanish-inspired exterior and beautifully maintained landscaping create inviting curb appeal, while the property’s location provides easy access to the best of island life. Enjoy close proximity to Coronado Ferry Landing, Tidelands Park, the Coronado Golf Course, and an array of local cafés, restaurants, and boutique shops. Whether used as a primary residence, a second home, or a lock-and-leave retreat, this condo offers effortless convenience in one of San Diego County’s most desirable communities.

Nearby schools

8/10
Village Elementary School
Public,K-50.2mi
9/10
Coronado Middle School
Public,6-80.1mi
10/10
Coronado High School
Public,9-120.2mi

Price History

Date
Event
Price
11/12/25
Listing
$999,000
12/28/12
Sold
$425,000
04/14/04
Sold
$560,000
03/30/01
Sold
$298,500
Condition Rating
Good

Built in 1983, this condo has undergone significant recent updates, including newly updated flooring throughout, a well-appointed kitchen with white cabinetry, granite countertops, and stainless steel appliances, and an upgraded bathroom with modern finishes. The property is move-in ready with no immediate renovations required, aligning well with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Exceptional Location: Situated moments from Coronado’s vibrant village and bayfront, offering easy access to Ferry Landing, Tidelands Park, Coronado Golf Course, and an array of local amenities, making it highly desirable.
Modern & Updated Interior: The condo features newly updated flooring throughout, a well-appointed kitchen with granite countertops and stainless steel appliances, and an upgraded bathroom, providing a move-in ready experience.
Strong School District: Located within the highly-rated Coronado Unified School District, with nearby schools boasting ratings of 8, 9, and 10, enhancing its appeal for families or future resale value.
Low Association Fees: With an association fee of only $150.0 per month, this property offers a significantly lower overhead compared to many condos in similar high-demand coastal communities.
Versatile Use & Investment Potential: Ideal as a primary residence, a second home, or a lock-and-leave retreat, the property's location in a desirable community suggests strong long-term investment potential and appreciation.

Cons

High Price Point for Size: Priced at $999,000 for an 826 sq. ft. 1-bedroom, 1-bath unit, this property represents a significant investment, potentially limiting the pool of prospective buyers.
Limited View: While having a view, it is described as a 'Neighborhood' view, lacking the premium bay or ocean vistas often sought after and expected in Coronado at this price point.
No Private Outdoor Space: The property description does not mention a private balcony or patio, which can be a drawback for buyers desiring dedicated outdoor living space in a coastal environment.

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