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41 SPINNAKER WAY, Coronado, CA 92118

$2.75M3bd · 3ba · 2,666 sqft
Lot 4,610 sqft•HOA $209/mo•Single Family Residence•
Active
•61d on market•MLS# 8P-2606107

Property Description

Rare waterfront opportunity directly on the sand! Featuring spectacular, unobstructed South and East San Diego Bay views, the home offers an ideal canvas for buyer looking to bring their personal design and remodel touches. The Coronado Cays community, located on the San Diego Bay, is California’s only residential marina community South of Newport Beach. In fact, 41 Spinnaker Way offers breathtaking views to the south as well as east of the San Diego Bay and sits directly on the sand - Enjoy your own beach! This house also provides a new homeowner, or investor, the opportunity to completely remodel and update the residence from the ground up. Currently, the house has very large dual-master suites on the second floor, and a third bedroom can easily be reconfigured on the first or second floor.

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
Bay, City Lights, Coastline, Marina, Ocean
City
Coronado
Zip Code
92118
County
San Diego
Listed byTop Gun CRE, Kenneth Herskind

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$13,905.50
Principal & Interest
Loan Amount
$2,200,000
Total Interest
$2,805,979
Total Payment Over 30 Years
$5,005,979
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 4 closed

41 SPINNAKER WAY, Coronado, CA 92118

Coronado · Single Family Residence

$2.75M
Luxury Tier
Beds
3
Baths
3
Sqft
2,666
Lot
4,610 sqft
Year
1989
$/Sqft
$1032
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 23.4% below the median closed sale of $3,588,630. Price per sqft ($1,032) is a 33% discount to closed comps ($1,541). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $2.75M· $1,032/sqft
Total list price
Closed comps
vs closed median $3.70M
−$947K (−25.6%)
Active comps
vs active median $1000K
+$1.75M (+175.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $673
+$359 (+53.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
305 J AvenueCoronado2026342,2493,750$1,667$3.75M12484
942 Monterey CourtChula Vista1961432,1007,900$521$1.09M2571
78 Minot AvenueChula Vista1950432,69411,761$366$985,0001069
1614 Arequipa StreetSan Diego1972542,2995,227$391$900,0006267
970 Sea GlassSan Diego2017432,3743,275$421$999,990467
Total: 5 · Average4.03.42,343.26,382.6$673.2$1.55M45
Median2,299$999,990

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
309 J AvenueCoronado202610/05/2026342,2813,750$3.75M$3.70M$1,6210.9911885
1725 Monterey AvenueCoronado198905/19/2026442,8303,700$4.20M$4.10M$1,4490.987869
1533 10th StreetCoronado195308/03/2026432,1606,373$3.39M$3.25M$1,5050.967562
234 HCoronado194409/29/2026422,1907,000$3.75M$3.48M$1,5890.936658
Total: 4 · Average3.83.32,365.255,205.75$3.63M$3.63M$1,541—84.25
Median2,281$3.70M$3.70M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.