55 Spinnaker Way, Coronado, California 92118, Coronado, 92118 - 3 bed, 3 bath

55 Spinnaker Way, Coronado, California 92118 home-pic-0
ACTIVE$3,895,000
55 Spinnaker Way, Coronado, California 92118
3Beds
3Baths
2,666Sqft
Lot
Year Built
1987
Close
-
List price
$3.9M
Original List price
$3.9M
Price/Sqft
$1,461
HOA
$209
Days on market
-
Sold On
-
MLS number
250038158SD
Home ConditionExcellent
Features
Excellent View:
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,6 Pros. Rank: price - $3.90M(64th), sqft - 2666(58th), beds - 3(42th), baths - 3(50th).

55 Spinnaker Way — where luxury meets the water's edge. A rare jewel in the prestigious Coronado Cays, 55 Spinnaker Way presents a once-in-a-lifetime opportunity to own a sophisticated waterfront estate that defines Southern California luxury. This immaculate, turn-key residence spans 2,666 sqft and features 3 bedrooms, 2.5 baths, and unobstructed, front-row views of the iconic San Diego Bay. Tucked within a quiet, private enclave, this home offers more than just exceptional design — it delivers an unmatched sense of tranquility and exclusivity. The moment you step inside, you are enveloped in serene coastal elegance, where floor-to-ceiling glass captures breathtaking water vistas and floods the interiors with natural light. At high tide, the bay becomes an extension of your backyard, gently lapping against the seawall. At low tide, enjoy your very own private, walkable beach — an extraordinary amenity rarely found in coastal homes. This seamless connection to the water creates an ever-changing canvas that is both peaceful and captivating. Designed for both refined entertaining and intimate daily living, the open-concept layout flows effortlessly. Located in one of the only communities in Southern California offering both bay and beach access within steps of each other, the Coronado Cays delivers a lifestyle of rare privilege. Whether you’re boating, paddle boarding, or walking along the oceanfront, every detail of this coastal sanctuary speaks to elevated living.

Nearby schools

9/10
Silver Strand Elementary School
Public,K-52.0mi
9/10
Coronado Middle School
Public,6-86.0mi
10/10
Coronado High School
Public,9-125.8mi

Price History

Date
Event
Price
09/05/25
Listing
$3,895,000
Condition Rating
Excellent

Despite being built in 1987, this property has undergone an extensive, high-quality renovation, presenting as an 'immaculate, turn-key residence.' The kitchen features modern white shaker cabinets, light quartz countertops, a stylish gray subway tile backsplash, and high-end stainless steel appliances (including a Viking range). Bathrooms are equally updated with contemporary fixtures, hexagonal floor tiles, and a freestanding tub. New-looking light wood-look flooring and plush carpets are found throughout, complemented by modern recessed lighting. All visible components meet current quality standards with no signs of deferred maintenance, indicating a very recent and comprehensive update.
Pros & Cons

Pros

Great Schools: Elementary School: Silver Strand Elementary School (9/10). Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Prime Waterfrontage & Views: Offers direct bay access with a rare private walkable beach at low tide, providing unobstructed, front-row views of San Diego Bay from every room.
Prestigious & Exclusive Location: Situated in a quiet, private enclave within the highly sought-after Coronado Cays, known for its luxury lifestyle and exclusivity.
Immaculate, Turn-Key Condition: Described as an 'immaculate, turn-key residence,' indicating it is exceptionally well-maintained and ready for immediate occupancy without significant updates.
Sophisticated Design & Natural Light: Features floor-to-ceiling glass that maximizes breathtaking water vistas and floods the interiors with natural light, complemented by an open-concept layout.
Unparalleled Coastal Lifestyle: Provides a unique Southern California lifestyle with exceptional access to both bay and beach within steps, ideal for water activities and elevated living.

Cons

Potential Overpricing: The current list price is approximately 5% above the property's estimated market value, which may affect buyer interest and negotiation flexibility.
Property Age (1987): Built in 1987, the property is 37 years old. While 'turn-key,' some major systems or components may be original or nearing the end of their typical lifespan, potentially requiring future investment.
Recurring Association Fees: The property is subject to a monthly association fee of $209.00, which is an ongoing cost that buyers must factor into their ownership expenses.

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