$3,595,000
●
House -
Off Market
48 Spinnaker Way
Coronado, CA 92118
4 Beds
3 Baths
3,112 Ft²
$17,806
Est. Monthly
$153
HOA / Fees
About This Property
Exceptional renovated home in the Coronado Cays, where peace,
privacy, and waterfront living come together. Located in San
Diego's only residential marina community, this unique property
offers your own private 50' boat dock, perfect for boating and
water toys, with stunning panoramic water views. The home features
4 bedrooms plus an optional office, 3 full bathrooms, and is filled
with natural light throughout. Enjoy top-of-the-line appliances,
and beautifully updated bathrooms. The spacious primary suite
includes an extra-large sitting area, spa-style bath, and serene
water views. A private balcony, breathtaking scenery, and a calm
coastal atmosphere make this home ideal for both everyday living
and weekend escapes. True Coronado Cays living at its finest.
Unit Size
3,112 Ft²
Days on Market
41 days
Land Size
-
Price per sqft
$1,155
Property Type
House
Property Taxes
-
HOA Dues
$153
Year Built
1988
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (SDMLS #260020767SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed by Compass | $3,595,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Coronado
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Listed by: Romina Nassif, Compass
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260020767SD
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260020767SD
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