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

55 Spinnaker Way
Coronado, California 92118
Property Price
SUMMARY
Analysis of 55 Spinnaker Way, Coronado, California 92118 reveals a property with a current list price of $3,795,000, which is 11% above the estimated $3,399,516 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Coronado Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 55 Spinnaker Way Subject | $3,795,000* List Price | 3 | 3 | 2,666 | $1,275 | - |
A 24 Bahama Bend Sold | $2,730,000 | 4 | 3 | 2,242 | $1,218 | 0.6 mi |
B 40 Spinnaker Way Sold | $4,200,000 | 4 | 4 | 3,689 | $1,139 | 0.1 mi |
C 48 Spinnaker Way Active | $3,995,000 List Price | 3 | 3 | 3,012 | $1,326 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1987, this waterfront estate has undergone an extensive high-end renovation within the last 5 years, bringing it to a turn-key luxury standard. The interior features a modern open-concept kitchen with premium white shaker cabinetry, stone countertops, and professional-grade stainless steel appliances. The home boasts updated contemporary bathrooms, new wide-plank flooring, modern recessed lighting, and floor-to-ceiling glass doors. All finishes and systems appear virtually new with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 Waterfront Location
The property offers unobstructed, front-row views of the San Diego Bay, providing a seamless and captivating connection to the water's edge.
- Rare Private Beach Access
A unique amenity where low tide reveals a private, walkable beach, offering a level of coastal exclusivity rarely found in Southern California.
CONSRISKS & DEFICIENCIES
- Distance to Village Hub
Located in the Coronado Cays, the property is approximately 5-6 miles from the main Coronado Village shops, restaurants, and central amenities.
- 1980s Era Construction
Built in 1987, the home may feature architectural elements or original infrastructure that lack the efficiency of modern new-build standards.
- Market Price Sensitivity
A recent price reduction suggests the property is navigating a competitive high-end market where buyers are highly sensitive to initial valuation.
About 55 Spinnaker Way
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $209.0 / Month
Neighborhood Insights
Coronado Unified Schools
Silver Strand Elementary School
Grades K-5 • 2.0 mi
Coronado Middle School
Grades 6-8 • 6.0 mi
Coronado High School
Grades 9-12 • 5.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,666 | 2,469.5 | 63% |
| Lot Size | - | 3,451 | 47% |
| Price | $3.79M | $3.45M | 60% |
| Price per sq ft | $1.4K | $1.4K | 48% |
| Built year | 1987 | 1989 | 48% |
| HOA | $209.0 | $0 | 80% |
| Days on market | 183 | 171 | 57% |
Pricing History
Listed for Sale
Mar 3, 2026
$3,795,000
$3,860,000
-2% Price Drop
Initial Listing
Price Change
Feb 11, 2026
$3,860,000
$3,895,000
-1% Price Drop
Initial Listing
Price Change
Sep 5, 2025
$3,895,000
Initial Listing

































































