617 8th, Coronado, California 92118, Coronado, 92118 - 1 bed, 1 bath
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Coronado, California 92118
This Strong Value Opportunity is a charming cottage listed at $1,997,000, positioned slightly above the $1,857,592 Fair Market Value. While the property requires interior and exterior updates, its Good Condition Rating and prime location near top-rated schools like Coronado High School (10/10) provide a stable foundation for value-add projects. Featuring a detached bonus structure, alley access, and an enclosed brick patio, this home offers significant creative potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to personalize a classic Coronado residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 617 8th Subject | $1,997,000* List Price | 1 | 1 | 708 | $2,578 | - |
A 305 Pomona Ave Active | $1,599,000 List Price | 2 | 2 | 756 | $2,115 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the record indicates a 2015 build date, the property is a classic cottage that is well-maintained and move-in ready. It features functional systems and hardwood floors; however, the kitchen is basic with standard appliances and the listing description explicitly notes room for interior and exterior improvements, which aligns better with 'Good' than 'Excellent'.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Situated in the heart of Coronado near the beach and village, the property offers walking access to top-tier amenities and highly-rated schools, including Coronado High School.
The property includes a detached structure and alley access, providing a versatile 'outdoor room' for creative use and convenient off-street parking options.
With a list price of nearly $2 million for approximately 708 square feet, the property represents an exceptionally high cost per square foot that may limit the buyer pool.
The small one-bedroom footprint and the explicit mention of needed interior and exterior improvements suggest a requirement for additional capital investment beyond the purchase price.
Excellent location. What makes this special is the adorable cottage curb appeal, the charm and character of the dwelling along with alley access and the existing detached structure that was once upon a time a garage and now provides an outdoor room for your imagination to define. Current configuration and use of the lot provide an enclosed brick patio offering a wonderful space for outdoor relaxation and entertainment. Enclosed front porch gives way to an open living space -dining area. A galley style kitchen flows to the enclosed rear porch which allows for indoor laundry and utility space. Direct access from the alley has parallel space for parking with access to the rear yard and into the house. Super convenient. The location is near all of the many Coronado amenities while being off the busy path. Abundant light and air flow, with added outdoor, alfresco dining space, detached bonus room, proximity to the beach and village. This is a terrific opportunity to create something more or live as-is and enjoy making terrific new memories.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.5 |
| Baths | 1.0 | 3.0 |
| Square foot | 708 | 2,796.5 |
| Lot Size | 2,434 | 5,723 |
| Price | $2.00M | $3.37M |
| Price per sq ft | $2.8K | $1.4K |
| Built year | 2015 | 1989 |
| HOA | $0 | $209 |
| Days on market | 68 | 60 |
May 15, 2026
$1,997,000
Initial Listing