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620 Coronado Ave, Coronado, California 92118, Coronado, 92118 - 5 bed, 3 bath

620 Coronado Ave, Coronado, California 92118 home-pic-0
ACTIVE$3,750,000
620 Coronado Ave, Coronado, California 92118
5Beds
3Baths
2,983Sqft
7,625Lot

Price Vs. Estimate

The estimated value ($3,750,000) is $0 (0%) lower than the list price ($3,750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Top Cons:
Age of Property & Potential for Further Updates: Built in 1956, despite being 'move-in ready' and having an updated kitchen, the home may still require significant updates to systems (e.g., HVAC, electrical, plumbing) or aesthetics to meet modern luxury standards, as suggested by its 'endless potential' for renovation.

Compared to the nearby listings

Price:$3.75M vs avg $3.50M (+$253,000)56%
Size:2,983 sqft vs avg 2,416 sqft70%
Price/sqft:$1.3K vs avg $1.5K38%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, the property has undergone significant aesthetic updates, including an open-concept kitchen with hard surface countertops, modern lighting, and warm wood floors throughout, making it 'move-in ready' visually. The kitchen features black appliances, which are functional but not the current standard for luxury. No bathroom images were provided for assessment. While the visible elements are well-maintained and updated, the age of the home (68 years old) strongly suggests that major underlying systems (HVAC, electrical, plumbing) may be functional but are likely outdated or nearing the end of their lifespan, as hinted by the listing's mention of 'endless potential' and the need for 'future renovations or expansion' to meet modern luxury standards. This aligns with the 'Fair' category, where major components are functional but show signs of being outdated, and the property may require substantial updates to its underlying infrastructure.
Year Built
1956
Close
-
List price
$3.75M
Original List price
$3.88M
Price/Sqft
$1,257
HOA
-
Days on market
-
Sold On
-
MLS number
250039185SD
Home ConditionFair
Features
Spa
Patio
View-

About this home

Charming Coronado Home with Endless Potential! Situated on a generous 7,625 sf lot, this spacious 5 bedroom, 3 full bath home offers both opportunity and potential in Coronado’s coveted "Country Club” neighborhood. Highlights include two large living areas, optional formal dining or den opening out to a private fenced backyard and large utility / laundry room conveniently located on the ground level. A cozy fireplace and inviting open concept kitchen with hard surface countertops and tons of cabinet space round out the kitchen great room area! The bedroom layout features three bedrooms on the main level, including a primary suite with 2 adjacent bedrooms allowing flex space for working from home, creating a private retreat or providing private entry and accommodation for a live-in caregiver, au pair or extended family and guests. Options abound to tailor the home to a variety of living situations. Warm wood floors flow throughout the living spaces, enhancing the home’s appeal and livability. Enjoy ample parking with a large 2-car garage & 2-car driveway, abundant storage, and a cozy front porch perfect for sunrise morning coffee! This home is move-in ready! For those seeking to create their dream home, the large lot and flexible layout present an ideal canvas for future renovations or expansion. Located on a quiet residential street close to Coronado's Blue Ribbon public schools and just blocks from Coronado's world famous beaches! With its prime location and blend of livability and potential, this Coronado gem is an opportunity not to be missed!

Nearby schools

8/10
Village Elementary School
Public,•K-5•0.5mi
9/10
Coronado Middle School
Public,•6-8•0.6mi
10/10
Coronado High School
Public,•9-12•0.7mi
Condition Rating
Fair
Built in 1956, the property has undergone significant aesthetic updates, including an open-concept kitchen with hard surface countertops, modern lighting, and warm wood floors throughout, making it 'move-in ready' visually. The kitchen features black appliances, which are functional but not the current standard for luxury. No bathroom images were provided for assessment. While the visible elements are well-maintained and updated, the age of the home (68 years old) strongly suggests that major underlying systems (HVAC, electrical, plumbing) may be functional but are likely outdated or nearing the end of their lifespan, as hinted by the listing's mention of 'endless potential' and the need for 'future renovations or expansion' to meet modern luxury standards. This aligns with the 'Fair' category, where major components are functional but show signs of being outdated, and the property may require substantial updates to its underlying infrastructure.
Pros & Cons

Pros

Great Schools: Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Prime Coronado Location: Situated in Coronado’s coveted 'Country Club' neighborhood, on a quiet residential street, just blocks from Blue Ribbon public schools and world-famous beaches, offering an exceptional lifestyle.
Generous Lot Size & Expansion Potential: The property boasts a generous 7,625 sq ft lot, providing ample space and an ideal canvas for future renovations or expansion to create a dream home.
Spacious & Flexible Layout: A spacious 5-bedroom, 3-bath home with two large living areas and a flexible bedroom layout, including a primary suite with adjacent rooms, offers versatility for various living situations, including multi-generational living or a home office.
Desirable Features & Move-in Ready: Features include an inviting open-concept kitchen with hard surface countertops, warm wood floors throughout, a large utility/laundry room, abundant storage, and ample parking with a 2-car garage and 2-car driveway, making it move-in ready.
Excellent School District: Located close to highly-rated Coronado's Blue Ribbon public schools (Elementary 8, Middle 9, High 10), making it highly attractive for families.

Cons

Age of Property & Potential for Further Updates: Built in 1956, despite being 'move-in ready' and having an updated kitchen, the home may still require significant updates to systems (e.g., HVAC, electrical, plumbing) or aesthetics to meet modern luxury standards, as suggested by its 'endless potential' for renovation.
High Price Point & Market Adjustment: The current list price of $3.75 million is substantial, even for Coronado. The recent price reduction from $3.875 million suggests the initial pricing may have been ambitious or that the property has faced challenges in attracting offers at its original asking price, potentially indicating a more limited buyer pool.
Absence of Luxury Amenities/Modern Systems: While functional, the description does not highlight luxury amenities such as a pool, spa, advanced smart home technology, or explicitly mention central air conditioning, which might be expected by buyers at this price point in a high-end market.

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