NOT LISTED FOR SALE

7 Spinnaker Way Unit 716 Coronado, CA 92118

Silver Strand Neighborhood

Estimated Value: $3,228,356 - $3,800,000

0.2 Acre
$18,015,601 Price per Acre
8,500 Sq Ft Lot

Last Sold June 25, 2024

Last sale price $3,730,463

Est. 4% decrease in value since last sale

Current estimated payment $22,195/month

496 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Tennis Courts
  • Security Guard
  • Silver Strand Elementary School Rated A
  • Cul-De-Sac
  • Open Space

About This Lot

As of June 2024

This is an extraordinary development opportunity to build a stunning contemporary estate on one of the largest water-front properties with unobstructed views in the Coronado Cays! Situated on a serene cul-de-sac, this property offers a spectacular view of the bay and has been fully graded, rock-filled and compacted. Design plans and permits, to build an extraordinary 6,557 square foot home with indoor/outdoor living, pool spa and a rooftop deck with expansive 360-degree views by renowned designer Manuel Sierra, are in the final stages. Lot comes deeded with a nearby boat dock with 2 slips. Located inside the prestigious Coronado Cays, Southern California Marina Living its finest. The Coronado Cays is surrounded by the Pacific Ocean on one side and San Diego Bay on the other. It's a community with a love affair with the water where yachting, boating, skiing, kayaking, paddle boarding and all other water activities are enjoyed year-round. The Cays also offer a yacht club, Calypso Cafe restaurant, tennis courts, multiple parks with games, fire station and Loew's Coronado Bay Resort right next door. This is an extraordinary development opportunity to build a stunning contemporary estate on one of the largest water-front properties with unobstructed views in the Coronado Cays! Situated on a serene cul-de-sac, this property offers a spectacular view of the bay and has been fully graded, rock-filled and compacted. Design plans and permits, to build an extraordinary 6,557 square foot home with indoor/outdoor living, pool spa and a rooftop deck with expansive 360-degree views by renowned designer Manuel Sierra, are in the final stages. Lot comes deeded with a nearby boat dock with 2 slips. Located inside the prestigious Coronado Cays, Souther California Marina Living its finest. The Coronado Cays is surrounded by the Pacific Ocean on one side and San Diego Bay on the other. It a community with a love affair with the water, where yachting, boating, skiing, kayaking, paddle boarding and all other water activities are enjoyed year-round. The Cays also offer a yacht club, calypso cafe restaurant, tennis courts, multiple parks with games, fire station and Loew's Coronado Bay Resort right next door.

Last Listed By

Zaragoza Realtor Group

Berkshire Hathaway HomeServices California Properties License #00840495 Listed on: 11/17/2022

Berkshire Hathaway HomeServices California Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,189

Year Built

  • 1989

Lot Details

  • 8,500 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Open Space
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned R1

HOA Fees

  • $225 Monthly HOA Fees

Property Views

  • Bay
  • Panoramic
  • City Lights
  • Mountain

Location

  • West of 5 Freeway

Schools

  • Coronado Unified School District Elementary And Middle School
  • Coronado Unified School District High School

Utilities

  • Underground Utilities
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 615-151-30-00

Community Details

Overview

  • Association fees include common area maintenance, sewer, trash pickup
  • Coronado Cays HOA, Phone Number (619) 423-4353
  • Blue Anchor Community

Recreation

  • Tennis Courts
  • Community Playground
  • Recreational Area

Security

  • Security Guard

Property Details

Property Type

Land

Est. Annual Taxes

$25,189

Year Built

1989

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: South Bay
  • Neighborhood: Coronado Cays
  • Cross Street: Blue Anchor
  • Supplement: This is an extraordinary development opportunity to build a stunning contemporary estate on one of the largest water-front properties with unobstructed views in the Coronado Cays! Situated on a serene cul-de-sac, this property offers a spectacular view of the bay and has been fully graded, rock-filled and compacted. Design plans and permits, to build an extraordinary 6,557 square foot home with indoor/outdoor living, pool spa and a rooftop deck with expansive 360-degree views by renowned designer Manuel Sierra, are in the final stages. Lot comes deeded with a nearby boat dock with 2 slips. Located inside the prestigious Coronado Cays, Souther California Marina Living its finest. The Coronado Cays is surrounded by the Pacific Ocean on one side and San Diego Bay on the other. It a community with a love affair with the water, where yachting, boating, skiing, kayaking, paddle boarding and all other water activities are enjoyed year-round. The Cays also offer a yacht club, calypso cafe restaurant, tennis courts, multiple parks with games, fire station and Loew's Coronado Bay Resort right next door.
  • Miscellaneous: Value In Land
  • Sale Price List Price: 0.93
  • Prop Restrictions Known: Cc&r's
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1989

Exterior Features

  • Fencing: Full
  • Frontage: Bay, Open Space
  • View: Bay, Evening Lights, Mountains/Hills, Panoramic
  • Frontage Dimensions in Feet: 81

Utilities

  • Sewer/Septic: Sewer Available
  • Water: Available
  • Utilities Available: Below Ground, Natural Gas, Telephone
  • Utilities To Site: Below Ground

Condo/Co-op/Association

  • Complex Name: Blue Anchor
  • HOA Fee Frequency: Monthly
  • Total Fees: 2700.0
  • Community: Coronado Cays
  • Complex Features: Tennis Courts, On-Site Guard, Playground, Recreation Area
  • Home Owner Association: Coronado Cays HOA
  • HOA Telephone: 619-423-4353
  • Home Owner Fee Reflects: Month
  • Home Owner Fees: 225.0
  • Home Owners Fee Includes: Common Area Maintenance, Sewer, Trash Pickup

Association/Amenities

  • Development: Cc&rs, Curbs

Fee Information

  • Total Monthly Fees: 225

Schools

  • Elementary School: Coronado Unified School District
  • Elementary School Website: http://www.coronado.k12.ca.us/
  • High School: Coronado Unified School District
  • Middle School Url: http://www.coronado.k12.ca.us/
  • Middle School: Coronado Unified School District

Lot Info

  • Lot Size: 7,500-10,889 Sf
  • Site: Cul-De-Sac, Curbs, Public Street, Sidewalks, Street Paved, West Of I-5
  • Topography: Level
  • Water District: California American
  • Zoning: R1
  • Estimated Lot Sq Ft: 8500
  • Assessor Parcel Number: 615-151-30-00
  • Current Use: Residential
  • Lot Number: 716
  • Map Code Column: F
  • Map Code Page: 1329
  • Map Code Row: 2
  • Parcel Map Number: 1329

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Maltzman Dean
Bought by
Crown Coronado Development Llc
Total Days on Market
496
Current Estimated Value
$3,567,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$999,187
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$2,782,127

Purchase Details

Closed on
Feb 5, 2025
Sold by
7 Spinnaker Way Llc
Bought by
7 Spinnaker Way Llc and Maltzman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$999,187
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$2,782,127

Purchase Details

Closed on
Apr 11, 2024
Sold by
James E Reopelle Family Trust and Reopelle James E
Bought by
7 Spinnaker Way Llc

Purchase Details

Closed on
Aug 3, 2021
Sold by
Mills Dawn and The David Martin Finkelsteln T
Bought by
Reopelle James E and The James E Reopelle Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2020
Sold by
Finkelstein David M
Bought by
Finkelstein David Martin

Purchase Details

Closed on
Nov 1, 2006
Sold by
Finkelstein David M
Bought by
Finkelstein David M

Purchase Details

Closed on
Apr 23, 2004
Sold by
Finkelstein David M
Bought by
Finkelstein David M

Purchase Details

Closed on
Jan 8, 1999
Sold by
Finkelstein William H and Finkelstein Frances H
Bought by
Finkelstein William and Finkelstein Frances H

Purchase Details

Closed on
Sep 1, 1988

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Crown Coronado Development Llc -- None Listed On Document
7 Spinnaker Way Llc $2,522,000 Fidelity National Title
7 Spinnaker Way Llc $3,730,000 Fidelity National Title
Reopelle James E $3,250,000 Corinthian Title Company
Finkelstein David Martin -- None Available
Finkelstein David M -- None Available
Finkelstein David M -- --
Finkelstein William -- --
Finkelstein William -- --
-- $619,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maltzman Dean $1,000,000
Closed 7 Spinnaker Way Llc $1,000,000
Previous Owner Reopelle James E $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $3,730,463 -6.7% --
03/28/2024 03/28/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $3,998,000 +7.2% --
02/01/2024 02/01/24 Off Market $3,730,463 -- --
11/17/2022 11/17/22 For Sale $3,998,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,189 $2,340,900 $2,340,900 --
2023 $24,787 $2,295,000 $2,295,000 $0
2022 $34,845 $3,250,000 $2,250,000 $1,000,000
2021 $12,061 $1,080,359 $502,762 $577,597
2020 $11,730 $1,069,282 $497,607 $571,675
2019 $11,692 $1,048,316 $487,850 $560,466
2018 $11,496 $1,027,762 $478,285 $549,477
2017 $11,276 $1,007,610 $468,907 $538,703
2016 $10,920 $987,854 $459,713 $528,141
2015 $10,735 $973,016 $452,808 $520,208
2014 $10,464 $953,957 $443,939 $510,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220028249

San Diego MLS

APN: 615-151-30