55 Spinnaker Way, Coronado, California 92118, Coronado, 92118 - 3 bed, 3 bath
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Coronado, California 92118
This Exquisite Waterfront Sanctuary is listed at $3,795,000, representing a rare opportunity in the prestigious Coronado Cays. With a Fair Market Value of $3,407,807, the residence reflects the premium nature of its Excellent Condition Rating and recent high-end renovations. The home features panoramic San Diego Bay views and a unique private walkable beach at low tide. Families are served by an Elite School District, including the 10/10 rated Coronado High School. This turnkey retreat is ideal for luxury-seeking families or Owner-Occupants prioritizing a sophisticated coastal lifestyle.
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 | $1,278 | - |
A 24 Bahama Bend Sold | $2,730,000 | 4 | 3 | 2,242 | $1,218 | 0.6 mi |
B 48 Spinnaker Way Pending | $3,995,000 List Price | 3 | 3 | 3,012 | $1,326 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1987, the property has undergone an extensive high-end renovation within the last few years. The interior features a modern open-concept layout with premium wide-plank flooring, recessed lighting, and floor-to-ceiling glass doors. The kitchen is fully updated with contemporary cabinetry, stone countertops, and high-end stainless steel appliances, while the bathrooms showcase modern vanities and designer tiling, meeting the highest current quality standards.
Elementary School: Silver Strand Elementary School (9/10). Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
The property features a unique private stretch of walkable beach at low tide and direct bay frontage, offering a rare and dynamic waterfront experience that is difficult to find in Coronado.
Expansive walls of glass provide unobstructed, sweeping views of the San Diego Bay, creating a seamless indoor-outdoor connection and significant aesthetic value.
Built in 1987, the home may require capital improvements or interior updates to align with the contemporary luxury standards expected at this price point.
The history of multiple price reductions since the initial listing suggests the property is still navigating market calibration relative to its age and condition.
55 Spinnaker Way — An Extraordinary Waterfront Lifestyle Welcome to 55 Spinnaker Way, a rare waterfront offering in the coveted Coronado Cays, where every day begins and ends with the beauty of the water just beyond your door. This exceptional 2,666-square-foot residence features 3 bedrooms, 2.5 baths, and sweeping unobstructed views of San Diego Bay, creating a setting that feels both private and unforgettable. From the moment you enter, the home immediately draws you to the view — walls of glass invite natural light inside and frame the bay like living artwork. The atmosphere is calm, elegant, and effortlessly connected to the outdoors, offering a sense of peace that is difficult to find. What truly sets this home apart is its extraordinary connection to the shoreline. At high tide, the water rises gently against the seawall, bringing the bay to your backyard. At low tide, your own private stretch of walkable beach appears — a rare and remarkable feature that transforms the property into a constantly changing coastal retreat. The open layout is designed for both entertaining and everyday enjoyment, allowing indoor and outdoor living to blend seamlessly. Whether hosting sunset dinners, enjoying morning coffee by the water, or simply taking in the quiet, every space is designed to make the most of this exceptional setting. Located in Coronado’s premier waterfront community, residents enjoy one of Southern California’s most unique lifestyles, with bay access, nearby beaches, boating, paddleboarding, and scenic coastal walks all moments away. 55 Spinnaker Way is more tha
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 6.0 mi
Grades 9-12 • 5.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,666 | 2,426.5 | 66% |
| Lot Size | - | 4,332.5 | 39% |
| Price | $3.79M | $3.44M | 58% |
| Price per sq ft | $1.4K | $1.4K | 48% |
| Built year | 1987 | 1987 | 50% |
| HOA | $209.0 | $0 | 80% |
| Days on market | 229 | 160 | 81% |
Mar 3, 2026
$3,795,000
$3,860,000
-2% Price Drop
Initial Listing
Feb 11, 2026
$3,860,000
$3,895,000
-1% Price Drop
Initial Listing
Sep 5, 2025
$3,895,000
Initial Listing