867 E Avenue, Coronado, California 92118, Coronado, 92118 - 3 bed, 3 bath

867 E Avenue, Coronado, California 92118 home-pic-0
ACTIVE$3,500,000
867 E Avenue, Coronado, California 92118
3Beds
3Baths
1,635Sqft
Lot

Price Vs. Estimate

The estimated value ($3,254,410.43) is $245,589.57 (7%) lower than the list price ($3,500,000). 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:
Listing Price Exceeds Estimated Value: The current list price of $3.5 million is 5% above the property's estimated value of approximately $3.3 million, which may require justification to potential buyers.

Compared to the nearby listings

Price:$3.50M vs avg $3.50M (+$3,000)50%
Size:1,635 sqft vs avg 2,405 sqft14%
Price/sqft:$2.1K vs avg $1.5K85%

More Insights

Built in 2006 (19 years old).
Condition: Built in 2006, this property is 18 years old, placing it within the 'Good' category for age. The home is exceptionally well-maintained, featuring wide plank hardwood floors, crown molding, and a gourmet kitchen equipped with a high-end Wolf range/oven and modern white shaker cabinets with dark countertops. Bathrooms are clean, functional, and utilize quality materials like marble/granite countertops and glass shower enclosures, showing minimal wear. While the bathroom tile style might reflect its early 2000s construction, it remains in excellent condition. The property is move-in ready with no immediate renovations required, and all major systems appear functional and well-kept.
Year Built
2006
Close
-
List price
$3.5M
Original List price
$3.9M
Price/Sqft
$2,141
HOA
-
Days on market
-
Sold On
-
MLS number
250017905SD
Home ConditionGood
Features
Patio
View-

About this home

Wonderfully built home with an open floor plan, wide plank hardwood floors, crown molding, large gourmet kitchen with a Wolf range/oven, lots of built in cabinets, large primary bedroom and bath, finished garage with epoxied floors, built in storage, air compressor and vacuum. Enjoy the afternoon sun on the front patio surrounded by low maintenance plants or entertain on large back patio with built in bbq and mature fruit trees.Prime location, full 3,500 sq.ft lot, Zoned R3 - opportunity to add an additional legal separate residence at back of the lot to keep or sell, add an ADU or square footage to existing home.

Nearby schools

8/10
Village Elementary School
Public,K-50.4mi
9/10
Coronado Middle School
Public,6-80.4mi
10/10
Coronado High School
Public,9-120.3mi
Condition Rating
Good

Built in 2006, this property is 18 years old, placing it within the 'Good' category for age. The home is exceptionally well-maintained, featuring wide plank hardwood floors, crown molding, and a gourmet kitchen equipped with a high-end Wolf range/oven and modern white shaker cabinets with dark countertops. Bathrooms are clean, functional, and utilize quality materials like marble/granite countertops and glass shower enclosures, showing minimal wear. While the bathroom tile style might reflect its early 2000s construction, it remains in excellent condition. The property is move-in ready with no immediate renovations required, and all major systems appear functional and well-kept.
Pros & Cons

Pros

Great Schools: Middle School: Coronado Middle School (9/10). High School: Coronado High School (10/10).
Prime Coronado Location & Schools: Situated in highly desirable Coronado Village with excellent proximity to top-rated schools (9, 10, 8), enhancing family appeal and long-term value.
Significant Development Potential (R3 Zoning): R3 zoning on a full 3,500 sq.ft lot offers a rare opportunity to add an additional legal residence, ADU, or expand the existing home, providing substantial future value.
High-End Finishes & Gourmet Kitchen: Features include wide plank hardwood floors, crown molding, and a large gourmet kitchen equipped with a Wolf range/oven, indicating quality and luxury.
Well-Appointed Outdoor Living Spaces: Includes a sunny front patio with low-maintenance plants and a large back patio with a built-in BBQ and mature fruit trees, ideal for entertaining and relaxation.
Quality Construction & Functional Upgrades: Described as a 'wonderfully built home' with an open floor plan, a large primary suite, and a finished garage with epoxied floors and built-in storage, highlighting meticulous care and functionality.

Cons

Listing Price Exceeds Estimated Value: The current list price of $3.5 million is 5% above the property's estimated value of approximately $3.3 million, which may require justification to potential buyers.
Recent Significant Price Reduction: A notable price drop from $3.895 million to $3.5 million could suggest initial overpricing or extended market time, potentially raising buyer scrutiny.
Moderate Interior Square Footage: With 1635 sqft, the interior living space might be considered modest for its high price point, potentially limiting appeal for buyers seeking larger existing homes, despite the lot's expansion potential.

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