
Coronado, California 92118
This Custom New-Construction Residence is a High-Potential Investment Opportunity, listed at $7,775,000—positioned above the $7,577,332 Fair Market Value. While priced at a premium, the property offers a Mint Condition Rating and the rare ability to personalize finishes before the 2027 completion. Located in a premier district with Top-Rated Schools (10/10 High School), the home features Panoramic Bay Views and a spacious lot with Pool Potential. This is an ideal acquisition for Luxury Homebuyers or Discerning Owner-Occupants seeking a bespoke coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 635 Margarita Avenue Subject | $7,775,000* List Price | 4 | 4 | 3,000 | $2,526 | - |
A 755 I Pending | $5,999,000 List Price | 5 | 6 | 3,057 | $1,962 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new-construction custom residence with a projected completion date of 2027. As a brand-new build, it features mint condition finishes, modern coastal architecture, and state-of-the-art systems, requiring zero maintenance.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
As a pre-construction offering by Archbel Homes, early buyers have the rare opportunity to personalize select finishes and design details, ensuring the home meets their specific aesthetic preferences.
Situated on a coveted tree-lined street in Coronado Village, the property offers panoramic views of the San Diego Bay and the iconic Coronado Bridge from the second story.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5800, other record lot size in square feet = 5668. Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 804. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property was recently sold within the past year on 2026-04-29. The sold price is $2,825,000.00. The property was recently sold within the past year on 2026-04-29. The sold price is $2,550,000.00.
With construction yet to begin and a projected completion year of 2027, buyers must be prepared for a significant wait time and potential construction delays before occupancy.
Welcome to 635 Margarita Avenue, a custom new-construction residence set along one of Coronado’s most coveted tree-lined streets. Designed and developed by Archbel Homes, this 4-bedroom, 3.5-bath home presents an opportunity for an early buyer to personalize select finishes and design details. Timeless architecture and thoughtful design come together in a refined approach to modern coastal living. Approximately 3,000 square feet of light-filled living space offers an effortless flow from indoors to out. The 5,800-square-foot lot allows for a spacious covered patio and grassy backyard, with the option to incorporate a pool. Thoughtfully arranged across two levels, the residence offers four bedrooms, including a well-appointed primary suite, along with a two-car garage and carefully considered spaces throughout. From the second story, enjoy views of San Diego Bay and the iconic Coronado Bridge. With construction yet to begin, this is an early opportunity to secure 635 Margarita Avenue and participate in select elements of the design process as Archbel Homes brings this custom residence to life. A distinctive offering combining the ease of new construction, the individuality of a custom home, and an exceptional setting in the heart of Coronado.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,000 | 2,425.25 |
| Lot Size | 5,800 | 4,473.528 |
| Price | $7.78M | $3.29M |
| Price per sq ft | $2.6K | $1.4K |
| Built year | 2027 | 1977 |
| HOA | $0 | $322 |
| Days on market | 18 | 58 |
Aug 22, 2026
$7,775,000
Initial Listing
Apr 29, 2026
$2,825,000
Public Record
Apr 29, 2026
$2,550,000
Public Record