
Coronado, California 92118
Analysis of 813 1st Street, Coronado, California 92118 is currently available with a list price of $14,000,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is 67 years old (built 1957) and exhibits significant dating, including popcorn ceilings and mirrored closet doors. While the kitchen has received a cosmetic update (white cabinets and mosaic tile), the listing is primarily marketed for its land value and the potential to build a 'world-class custom estate,' supported by architectural renderings for a new home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16218, living area = 2779.
Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
As one of only 34 single-family homes on Coronado’s 1st Street, this property offers rare, unobstructed panoramic views of the San Diego Bay and downtown skyline.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =16218, other record lot size in square feet = 16008. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2779, other record living area = 2954. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1957, the current 2,779 sqft residence likely requires a complete renovation or replacement to align with modern luxury standards and the $14M valuation.
At a list price of $14 million for the existing square footage, the property is priced primarily for its land value, necessitating a high-budget redevelopment project.
A truly rare opportunity to own one of only 34 single-family homes along Coronado’s iconic 1st Street, directly on the bayfront. Set on more than 16,000 square feet, this property offers unobstructed, panoramic views spanning the San Diego Bay and the downtown skyline. From the deck, take in the ever-changing activity on the bay as boats pass and water gently laps against the seawall. As evening arrives, the sky comes alive with the colors of sunset while city lights begin to twinkle and reflect across the water. Enjoy your front-row seat to one of Southern California's most captivating coastal vistas. Whether reimagining the existing residence or creating a world-class custom estate, the property's exceptional size, established seawall, and commanding location provide a unique foundation for a legacy waterfront home. An uncommon setback from 1st Street and a private approach create a level of seclusion rarely found among Coronado’s bayfront residences. This is a once-in-a-generation opportunity to create an extraordinary waterfront estate in one of Coronado's most prestigious bayfront locations.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,954 | 2,425.25 |
| Lot Size | 16,008 | 4,473.528 |
| Price | $14.00M | $3.29M |
| Price per sq ft | $4.7K | $1.4K |
| Built year | 1979 | 1977 |
| HOA | $0 | $322 |
| Days on market | 12 | 58 |
Aug 28, 2026
$14,000,000
Initial Listing