July/August 2017 Coronado Buyer's Guide by Del Coronado Realty

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CORONADO S H ORES

WHAT’S INSIDE

BE AC H VIL L AG E AT T HE DEL

The Ultimate Coronado Home Real Estate Guide

C O RO NADO VIL L AG E

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The Ultimate Coronado Real Estate Guide—July/August 2017

About Coronado Amongst all the beach towns and oceanfront properties in California, Coronado holds a unique and coveted position. Coronado Island real estate offers one of the most desirable locations in the world for a multitude of reasons. Because of its near perfect Southern California climate, location, natural beauty, and exclusivity, Coronado Island homes for sale provide the buyer with an unparalleled investment opportunity. Coronado Island real estate also offers a wide spectrum of architectural styles and types of properties to choose from. Coronado Island homes provide the buyer with outdoor living at its finest. Island life is casual, friendly, and still offers a sophisticated set of amenities. Coronado’s shops, galleries, library, parks, top-notch schools, theaters, restaurants, resorts, and hotels create an idyllic coastal lifestyle. Getting around is easy, with bicycles being a favorite mode of transportation. Beaches and bays are all within easy walking distance from any point on the island. Coronado Island homes are situated in seven basic neighborhoods, five of which are arranged around the core of the town on the “island,” which is laid out in an easy-to-navigate, ten block grid. Each neighborhood has its own unique feel and attraction. Homes for sale on Coronado Island are also all near at least one of the thirteen lovely parks that are sprinkled throughout the island. These help to anchor and provide a focal point for each of the island’s neighborhoods. From the intimate bay-side hideaway just off of I Avenue and 1st Street, to the central, tree-covered, gazebo-adorned expanse of Spreckles Park, and wide open sports-friendly expanse of Tidelands Park, Coronado’s public spaces offer something for everyone.

Coronado Neighborhoods Coronado Village Beach Village at The Del Coronado Shores Coronado Cays Hotel del Coronado

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

Coronado Village Perhaps no other neighborhood captures the essence of Coronado Island real estate like the Central Village, which is in the central part of the island. With Coronado’s award-winning schools, the outstanding Coronado Library, and gorgeous Spreckles Park at the center of this district, the six or so surrounding blocks are probably some of the most family-friendly areas on the island. Cozy, immaculately kept 1920s apartments, beautifully restored Craftsman-style bungalows, modern coastal-style family homes, Spanish Revival houses, and southwestern, adobe Pueblo Revival all blend together to create a diverse, charming heart to the island.

Tree-lined streets and beautifully landscaped front yards—often filled with an abundance of flowers—all contribute to the island’s intrinsic, story-book charm. Contact Us Today—619.437.1888 | DelCoronadoRealty.com

CORONADO VILLAGE

ATTACHED CONDOS AND TOWNHOMES ADDRESS

BEDROOMS

BATHROOMS

LIST PRICE

333 Orange Avenue #28

$685,000

333 Orange Avenue #2

$710,000

730 E Avenue

$795,000

814 D Avenue

$867,000

467 Orange Avenue

$880,000

374 Orange Avenue A

$899,000

1100 Adella Avenue #13

$995,000

120 C Avenue #201

$1,545,000

141 Orange Avenue #204

$1,625,000

1101 1st Street #301

$1,700,000

849 F Avenue

$1,775,000

847 F Avenue

$1,875,000

1101 1st Street #111

$1,995,000

141 Orange Avenue #302

$2,150,000

1220 1st Street #305

$2,399,000

1099 1st Street #207

$2,595,000

1500 Orange Avenue #13

$3,999,000

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

C O RO NADO VIL L AG E

Properties for Sale

C ORO NA DO V I LLAGE

Properties for Sale CORONADO VILLAGE

FEAT UR E D P R O P E R T IES FOR SALE

1109 F Ave.



Call for Details and Pricing 1109 F Avenue 5+ Bedrooms / 3.5 Bathroom Own a spacious piece of Coronado history in this 1913 craftsman-style home with over 2,912 square feet.

   

11,800 Square Feet of Land Possibility of Property Split Half a Block to Coronado Beach Large Bedrooms

   

Ocean Views Spacious Backyard Detached Guesthouse 1913 Charm

C O RO NADO VIL L AG E

11,844 Sq Ft Lot

Proposed Property Split - Plan Buy 1 home, make 2 properties! This proposed layout would allow the creation of two separate lots. In this configuration, the existing single-family residence could be maintained and expanded upon, and a new single-family residence could be built. Both properties would have access to F Avenue and the alley. The existing house would occupy a 6,300 square foot lot, while the new property would be 5,500 square feet.

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

FERRY LANDING

10 1st St

2nd St

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NORTH ISLAND NAVAL AIR STATION

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Orange Ave

Alameda Blvd

Cabrillo Ave

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County Club Lane

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Pomona Ave

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NOTES:

CORONADO MUNICIPAL BEACH

The Shores are laid out and structured by “stack,” which means each unit number represents the types of bedrooms and

bathrooms per building area. Contact Paciﬁc us for showings! Ocean

Coronado Village

HOTEL DEL CORONADO

Schools

1. Coronado Middle School 2. Coronado High School

3. Coronado Village Elementary School 4. Sacred Heart Parish School 5. Christ Church Day School 8

6. Village Kindergarten Early Childhood Development Center

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ORONADO Y OFFICE

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Entertainment

Miscellaneous:

8. Coronado Visitor Center

12. Coronado Bliss Salon & Spa

7. Lambs Player’s Theatre

11. CMG Financial

9. Coronado Brewing Company 10. Ferry Landing Marketplace

13. Tartine

14. Cafe 1134

15. Chamber of commerce

The Ultimate Coronado Real Estate Guide—July/August 2017

C ORO NA DO V I LLAGE

Properties for Sale CORONADO VILLAGE

FE AT UR E D P R O P E R T IES FOR SALE

Fully Furnished! 311 D Avenue 3+ Bedrooms / 4 Bathrooms Quintessential Coastal contemporary designed for modern beach living. Fully furnished and move in ready. This home is fresh and modern with features such as:

 Dark Hardwood Flooring  Marble Kitchen Countertops  Two Fireplaces

 Central Air Conditioning  Stainless Steel Appliances

C O RO NADO VIL L AG E

L A R GE B A L CO NY

With over 2600 sq ft of living space, this 3 bedroom 4 bath home features dark hardwood flooring, two fireplaces, marble kitchen countertops and stainless steel appliances. Boasting a bright, open floor plan and French doors in the family room, living room, dining room, and bonus room, this home embraces the indoor/ outdoor California lifestyle. An enclosed front yard and large upstairs balcony provide the perfect space for entertaining, while the rooftop deck offers stunning sunsets and skyline views. Ideally situated for access on and off the island, and within walking distance of restaurants, shops, and the bay and beach, this home is ready for you to enjoy Coronado living!

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

Properties for Sale C ORO NA DO V I LLAGE

CORONADO VILLAGE

FE AT UR E D P R O P E R T IES FOR SALE

742 G Avenue 3 Bedrooms / 2.5 Bathrooms 2,215 sq. ft. Fabulous home in the heart of the Village, featuring:

   

Close Location to Coronado Attractions Great Space for Family and Entertaining Master Bedroom Fireplace Chef’s Table

   

Sound Studio Hot Tub Built In Barbecue 2 Car Garage

C O RO NADO VIL L AG E

DOUBLE VA NITY `

Whether full time or vacation, this home offers everything you are looking for. Ideal location close to schools, downtown and the beach. Great layout for family fun and entertaining. 3 bd/2.5 baths, offers large master retreat with fireplace, open family room concept with kitchen area. Enjoy eating at the “Chef’s Table” every night! Hot tub, sound studio, built in barbecue, 2 car garage and more!

The Ultimate Coronado Real Estate Guide—July/August 2017

Properties for Sale C ORO NA DO V I LLAGE

CORONADO VILLAGE

1070 Coronado Avenue 6+ Bedrooms / 5.5 Bathrooms FOR SALE

This exquisite 6+ bedroom, 5.5 bathroom custom built home provides panoramic ocean and island views and is situated on a large, oversized lot of coveted Coronado land. A home youâ&#x20AC;&#x2122;ve been dreaming of your entire life, this stunning property is located in a private, quiet area that allows you to experience Coronado living with simple access to the beach just steps away!

The exceptional gourmet kitchen opens to a voluminous great room, flooded with natural light, hardwood floors and beautiful, high ceilings.

C O RO NADO VIL L AG E

360º VIE WS

Other features include a 4-car garage with additional parking and a rooftop deck with gorgeous 360 degree views that include the San Diego Skyline, Point Loma, the beautiful Pacific Ocean and the iconic Hotel del Coronado.

See how 1070 Coronado outperforms comparable listings. ADDRESS

PRICE

PRC/SQ FT

POOL

OCEAN VIEW

BEDS

BATHS

1070 Coronado

$6.3M

$1,364.82

Yes

10 Ocean Court

$6.39M

$1,592.78

Yes

221 Ocean Drive

$5.59M

$1,579.09

Yes

1110 Coronado

$7.19M

$1,755.85

Yes

The Ultimate Coronado Real Estate Guide—July/August 2017

C ORO NA DO V I LLAGE

Properties for Sale

CORONADO VILLAGE

DETACHED HOMES ADDRESS

BEDROOMS

BATHROOMS

LIST PRICE

911 3rd Street

$1,099,000

375 D Avenue

$1,175,000

420 Adella Lane

$1,199,000

816 F Avenue

$1,447,000

315 Alameda Boulevard

$1,490,000

972 B Avenue

$1,620,000

370 Glorietta Boulevard

$1,650,000

371 E Avenue

$1,699,000

436 I Avenue

$1,699,000

853 G Avenue

$1,795,000

365 H Avenue

$1,799,000

940 B Avenue

$1,895,000

340 A Avenue

$1,699,900 - $1,899,900

936 10th Street

$1,950,000

311 D Avenue

$1,989,000

260 Soledad Place

$1,999,999

400 N 3rd Street

$1,800,000 - $2,000,000

831 C Avenue

$2,049,000

742 G Avenue

$2,100,000

1110 Loma Avenue

$1,990,000 - $2,290,000

110 Carob Way

$2,390,000

931 F Avenue

$2,395,000

CORONADO VILLAGE

DETACHED HOMES ADDRESS

BEDROOMS

BATHROOMS

LIST PRICE

1024 Encino Row

$2,495,000

919 G Avenue

$2,595,000

800 San Luis Rey Avenue

$2,650,000

905 J Avenue

$2,685,000

1031 Coronado Avenue

$2,695,000

417 B Avenue

$2,699,000

550 A Avenue

$2,750,000

933 F Avenue

$2,795,000

1640 6th Street

$2,895,000

1302 8th Street

$2,899,000

1325 6th Street

$3,099,000

1105 6th Street

$3,099,000

722 Tolita Avenue

$3,199,000

613 J Avenue

$3,200,000

255 B Avenue

$3,280,000

712 Tolita Avenue

$3,299,000

830 Alameda Boulevard

$3,299,000

1060 Coronado Avenue

$3,300,000

855 Alameda Boulevard

$3,350,000

1054 Encino Row

$3,595,000

1129 Star Park Circle

$3,640,000

836 San Luis Rey Avenue

$3,749,000

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

C O RO NADO VIL L AG E

Properties for Sale

C ORO NA DO V I LLAGE

Properties for Sale

CORONADO VILLAGE

DETACHED HOMES ADDRESS

BEDROOMS

BATHROOMS

LIST PRICE

436 Glorietta Boulevard

$3,750,000

620 Balboa Avenue

$3,799,000

727 Margarita Avenue

$3,800,000

730 Balboa Avenue

$4,100,000

1022 G Avenue

$3,950,000 - $4,199,000

550 Country Club Lane

$4,275,000

854 A Avenue

$4,399,000

532 Marina Avenue

$4,490,000

734 Glorietta Boulevard

$4,499,000

1124 G Avenue

$4,750,000

1035 G Avenue

$5,250,000

1109 F Avenue

$5,300,000

221 Ocean Drive

$5,950,000

927 1st Street

$6,300,000

1070 Coronado Avenue

$6,300,000

929 1st Street

$6,399,000

10 Ocean Court

$6,495,000

913 1st Street

$6,499,000

CORONADO VILLAGE

DETACHED HOMES ADDRESS

BEDROOMS

BATHROOMS

LIST PRICE

621 1st Street

$6,800,000

1110 Coronado Avenue

$7,199,000

911 1st Street

$7,299,000

1105 F Avenue

$7,850,000

401 1st Street

$8,350,000

441 Ocean Boulevard

$8,950,000

631 Ocean Boulevard

$9,950,000

1043 Ocean Boulevard

$13,900,000

709/711 1st Street

$13,900,000

C O RO NADO VIL L AG E

Properties for Sale

We have a number of exclusive, private sale opportunities that are not currently public!

CALL

619.437.1888

V IS IT

Retail Corridor of Hotel del Coronado 1500 Orange Avenue, Coronado, CA 92118

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

5 Things You Need To Know About Jumbo Home Loans A jumbo mortgage is a home loan for an amount that exceeds the regulatory conforming loan limit. The limit is $424,000 in most of the United States and tops off at $636,150 in the highest-cost areas. The current limit in San Diego County is $619,950 for a single-family dwelling.

Here are five things you need to know about jumbo home loans and what to expect when applying for one:

Tougher Qualification Requirements

Jumbo loan means a larger loan balance and greater risk for the lender. As such, the restrictions are tighter, and the guidelines are generally tougher. When you think of buying a home, good credit, money saved, and solid income are prerequisites. With a jumbo home loan, the bar is raised. You are generally required to demonstrate that you have an excellent credit rating, a reasonable debt-to-income ratio, and reserve funds in order to qualify.

Down Payment: Minimum 10%

Conforming loans allow for as little as 3% down. However, jumbo lenders want borrowers to have more â&#x20AC;&#x153;skin in the game.â&#x20AC;? Ten percent down at the very least is required in most cases and the percentage increases as the desired loan amount increases.

More Flexibility for Strong Borrowers

Jumbo lenders have more autonomy and more underwriting authority. In some ways, jumbo loans are actually more flexible. There is little wiggle room with regards to guidelines on conforming loans. Government agencies such as Fannie Mae and Freddie Mac write the rules and leave little room for lenders to apply their own input. Jumbo lenders take on more risk, but can also choose to be more lenient

when they can justify doing so. For instance, a jumbo lender may qualify a borrower who is willing to put less down but has more in reserves and/or has a stronger credit rating. The same is not true on a conforming loan. You might have $25 million in the bank, but if the conforming guidelines call for 5% down then you must put 5% down regardless of how much money you have saved, how strong your credit rating is, etc.

Longer Processing Period

There is more at stake with a jumbo home loan, and thus the time between application and approval is typically longer. Conforming loans usually take roughly 21-30 days to process, approve, and fund. A jumbo mortgage can be processed quickly but typically takes 30-35 days to close.

A Return to Power

There is a widespread misconception that jumbo home loan rates are higher than conforming rates. That is not always the case. During the economic downturn, when jumbo financing all but disappeared, it was indeed difficult to find a jumbo loan with a desirable rate. But, with the recovery of the real estate market in full swing, jumbo rates are now every bit as good as conventional loan rates, if not better. Jumbo loans are being offered by more lenders and the terms are quite attractive today.

ABOUT THE AUTHOR Kory Kavanewsky entered the mortgage industry in 2002 and has worked in several different channels within the business over the past 14 years. He opened his first Coronado office in 2006 and currently manages two branches in San Diego County (Coronado and Scripps Ranch) for CMG Mortgage, Inc. Kory has been recognized by San Diego Magazine and Coronado Lifestyle Magazine readers for outstanding client service and by Scotsman Guide for overall production volume. Kory was born and raised in Coronado and currently lives on the island with his wife and two boys. He enjoys hanging out with his family, playing pickup basketball, relaxing at the beach, and live music.

Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017 21 HAVE QUESTIONS ? EmailThe Kory at kory@cmgfi.com or call 619.554.1327

Own part of The Del!

Beach Village at The Del

Enjoy the rare opportunity to take pleasure in the privately-gated, lavish charms of Beach Village. Nestled within the grounds of the iconic Hotel del Coronado, the fivestar Beach Village resort offers an atmosphere of casual luxury with all the amenities of a world-class resort at your fingertips. Indulge in the luxurious amenities within this coveted enclave, including a private pool, state-ofthe-art fitness center, world-class spa, finest dining, and even a personal concierge to make sure your every desire is met. Although there is no need to leave The Del, you can find comfort in knowing The Village of Coronado is steps away. Filled with quaint local shops and restaurants, you are sure to quench your thirst for a Coronado adventure. Owning a part of the Beach Village is truly a once-in-a-lifetime opportunity to experience one of the most unique lifestyles Coronado has to offer with nothing but the sand between you and the oceanâ&#x20AC;&#x2122;s edge. As an owner at Beach Village, you and your family can enjoy up to 90 days per year of beachfront luxury (25 days in a 50-day period), while sharing in the rental revenue the rest of the year. Full ownership, limited use.

Be the first to know when a cottage or villa becomes available. Contact us today to put yourUsname on the list.| 22 Contact Todayâ&#x20AC;&#x201D;619.437.1888

C A L L : 619.437.1888 VIS IT: Retail Corridor of Hotel del Coronado

1500 Orange DelCoronadoRealty.com

Avenue, Coronado, CA 92118

Coronado Shores The Coronado Shores consist of 10 unique, high-rise towers that have impressive views of the Pacific Ocean and Glorietta Bay. They are also walking distance to the striking and iconic Hotel del Coronado. The Shores present resort-style living and include amenities such as pools, spas, tennis courts, exercise rooms, 24-hour doorman and security, and fun, social activities for you and your neighbors! Also, each tower is incorporated and governed by its own condo association! Panoramic views from The Shores include downtown San Diego, the Coronado Bridge, the Vallecito mountains, Point Loma, Hotel del Coronado and, of course, the endless views of the unwavering Pacific Ocean. Whether you own a vacation home or live here year-round, The Shores are guaranteed to make you feel like you are living in paradise. These condos are popular for both primary residences and vacation or investment properties. Enjoy a short walk to the warm, sandy beaches, or stroll over to the Hotel del to truly soak in the beauty Coronado has to offer! The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

DEL CORONADO REALTY OFFICE

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The Shores are laid out and structured by “stack,” which means each unit number represents the types of bedrooms and bathrooms per building area. Contact us for showings!

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The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

Properties for Sale CORONADO SHORES

FE AT UR E D P R O P E R T IES

CORONADO S HORES

FOR SALE

Offered Fully Furnished! 1710 Avenida Del Mundo #1007 1 Bedroom / 1 Bathroom Panoramic bay & city skyline views from this beautifully remodeled 10th floor condo, featuring:

 Custom countertops  Stunning cabinetry with soft close drawers & pull out pantry  Custom cabinetry extending into the dining  Reading and home office areas to meet all your storage needs  Freshly painted and new carpet throughout

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

CORONADO S HORES

Enjoy the glow of the Coronado Bridge & downtown as night falls from the comfort of your master suite featuring custom built-ins & dual pane windows.

Properties for Sale

CORONADO S HORES

CORONADO SHORES

ADDRESS

BEDROOMS

BATHROOMS

LIST PRICE

1730 Avenida Del Mundo #201

$775,000

1770 Avenida Del Mundo #101

$899,000

1820 Avenida Del Mundo #206

$975,000

1710 Avenida Del Mundo #1007

$975,000

1730 Avenida Del Mundo #807

$1,349,000

1810 Avenida Del Mundo #1102

$1,359,000

1780 Avenida Del Mundo #701

$1,450,000

1830 Avenida Del Mundo #1101

$1,499,000

1760 Avenida Del Mundo #702

$1,499,000

1810 Avenida Del Mundo #309

$1,559,000

1750 Avenida Del Mundo #308

$1,695,000

1720 Avenida Del Mundo #605

$1,825,000

1820 Avenida Del Mundo #108

$1,995,000

1760 Avenida Del Mundo #506

$2,375,000

1750 Avenida Del Mundo #1502

$2,486,000

1720 Avenida Del Mundo #306

$2,500,000

Properties for Sale CORONADO SHORES

BEDROOMS

BATHROOMS

LIST PRICE

1810 Avenida Del Mundo #1603

$2,650,000

1770 Avenida Del Mundo #1403

$2,650,000

1760 Avenida Del Mundo #504

$2,659,500

1760 Avenida Del Mundo #408

$2,750,000

1820 Avenida Del Mundo #707

$2,895,000

1730 Avenida Del Mundo #1001

$3,500,000

1780 Avenida Del Mundo #407

$6,950,000

CORONADO S HORES

ADDRESS

We have a number of exclusive, private sale opportunities that are not currently public!

CALL

619.437.1888

V IS IT

Retail Corridor of Hotel del Coronado 1500 Orange Avenue, Coronado, CA 92118

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

Coronado Cays Just four miles south of Coronado’s main island is another distinctive Coronado community. Coronado Cays homes for sale offer the buyer a different type of experience in Coronado living. A gated community, directly across from Silver Strand Beach, offers its residents a relaxed, low-key way of life—with an accent on outdoor living. Each Village represents an oasis of peaceful living and has access to five exclusive club houses, pools, and spas. Any of the clubhouses can be reserved by Cays’ residents for personal and social events such as parties and weddings. Other Coronado Cays amenities include Silver Strand State Beach access, five lighted tennis courts, the grassy, six-acre, Coronado Cays Park with sports facilities and a dedicated dog run, its own city fire department, security patrols, and the Coronado Cays Yacht Club. Coronado Cays real estate for sale ranges from large detached homes and waterfront condos, to palatial estates with private docks. While the majority of homes aren’t directly on the water, the lots are often larger than what one can find on Coronado Island proper. Each Village has its own distinct personality and amenities. 30

Properties for Sale CORONADO CAYS ATTACHED CONDOS AND TOWNHOMES ADDRESS

BEDROOMS

BATHROOMS

LIST PRICE

70 Montego Court

$649,000 - $699,000

67 Montego Court

$825,000

68 Antigua Court

$985,000

56 Kingston Court

$999,000

DETACHED HOMES BEDROOMS

BATHROOMS

LIST PRICE

26 S Cays Court

$875,000

20 Port Royale Road

$1,099,000 - $1,109,000

5 Saint Kitts Way

$1,294,000

8 Bahama Bend

$1,340,000

10 Admiralty Cross

$2,200,000

32 Buccaneer Way

$2,299,000

9 Sixpence Way

$2,499,000

44 Admiralty Cross

$2,659,000

15 Green Turtle Road

$2,995,000

44 The Point

$3,200,000

17 Buccaneer Way

$3,299,000

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

CORONA DO CAYS

ADDRESS

IB E D CAR G R A N IN E PA R K L E R SHO

AY S ADO C C O R O NH T C LU B C YA

a n ro

R S I LV E

AT D ST TRAN

AC E BE

ib Car

a Bend

S CAY

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FIRE STATION

ANC

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Coronado Cays 1. Jamaica Village: Condos

6. Kingston Village: Condos

2. Green Turtle Cay: Single Family, Custom Homes

7. Montego Village: Privately Owned

3. Antigua Village: Condos 4. Bahama Village: Townhouses 5. Trinidad Village: Single Family, Custom Homes

8. Blue Anchor Cay: Single Family, Custom Homes 9. Port Royale Village: PUD & Townhouses (No docks) 10. Mardi Gras Village: PUD (No docks)

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Rendezvous Lagoon

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Green Turtle Rd

LOEWS CORONADO BAY RESORT

Grand Caribe Bay S

nd Gra

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B Crown

The Point

Grand Caribe Bay N

CO CA

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ORONADO AYS PARK

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San Diego Bay

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CORONA DO CAYS

Property Types:

Custom Homes

Paciﬁc Ocean

Waterfront Villa Condominiums Village Residences Village Townhomes Village Condominiums

Wharfage:

HOA Owns; Rents to Cays Owners Only

City Waterways - Docks Privately Owned; Homeowners

Port District Owns; Owner Purchased Lease Until 2034 HOA Owned / Assigned to Homeowners If docks are traded between owners - Must revert back on sale Owned by Bahama Village Dock, Inc. Owners purchase shares in BVD to use docks. Certificate required by Homeowner to transfer. The Ultimate Coronado Real Estate Guide—July/August Privately Owned by Applegate 2017

Properties for Sale CORONADO CAYS

DETACHED HOMES BEDROOMS

BATHROOMS

LIST PRICE

34 Green Turtle Road

$3,900,000

16 The Point

$4,499,999

14 Spinnaker Way

$4,795,000

6 Sixpence Way

$4,998,000

2 Green Turtle Road

$7,267,000

3 Blue Anchor Cay Road

$7,775,000

4 Buccaneer Way

$7,987,000

CORONADO CAYS

ADDRESS

We have a number of exclusive, private sale opportunities that are not currently public!

CALL

619.437.1888

V IS IT

Retail Corridor of Hotel del Coronado 1500 Orange Avenue, Coronado, CA 92118

We have six exclusive private sale opportunities that are not currently public! CONTACT US NOW TO FIND OUT MORE!

VILL AGE Condo

2 Beds | 1 Bath | $825,000

THE POINT Condo

2 Beds | 2 Bath | $1,295,000

VILL AGE

House/ 8,000 SQFT Lot With Ocean Views $3,500,000

SOO

NG OMI

OON NG S OMI

CO M

SHORES 1 Beds | 1 Bath | $950,000

VILL AGE

Spanish-Style, Golf Course & Bay Views 4 Beds | 5.5 Bath | $3,700,000

SOO ING

VILL AGE

Golf Course, Bay & Hotel Del Views 4 Beds | 3 Bath | $3,500,000 The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

4 Reasons Coronado is the Best Place to Buy a Vacation Home From coast to coast and border to border, America boasts fantastic places to get away and enjoy life. Each is unique and inspiring in its own ways. However, few can stack up to the many allures of Coronado. Okay, so we’re a little biased. But just because we live and work here doesn’t mean we can’t make a reasonable claim for Coronado to be at the top of every vacation homebuyer’s list. Let’s run through the reasons why Coronado is the king of U.S. vacation destinations.

1. Year-Round Comfort

The Pacific Northwest and New England are both spectacular for a short window of time each year—and then comes winter. If you buy a vacation home in either of these regions, you will likely be visiting during their busiest times for tourism. Next, let’s venture down south—think Florida, the Carolinas, or the Texas gulf coast. Here you’re faced with the other extreme: a sweltering hot vacation season. We’re talking heat index values well into the 100s by 10 a.m. Visiting in winter is great weather-wise, but many restaurants and attractions are closed. Meanwhile, Coronado’s climate stays flawlessly temperate year-round. Whether you’re trying to escape the sizzle of summer or the wrath of winter, this is the place to be.

2. Amenities & Activities

It’s a special kind of life when on any given day you can be sitting on a beach, boating on a bay, exploring a big city, driving through the countryside or skiing down mountain slopes. Most places are able to provide just one or two of the above, and again, only during a specific season. Idaho, for example, has some of the most beautiful country you’ll ever see, but its most populous city is less than one-sixth the size of San Diego, and you’re hours from the ocean! Coronado caters to those who like a little bit of everything.

3. Walkability

For many people, driving amounts to hours of lost time, even on vacation. Not in it for an adventure? Leave your car at home—literally—and walk to just about everything you need in the heart of Coronado: the Village. Orange Avenue is lined with shops, restaurants, and boutiques, and you can catch a ferry on the Bay side to equally walkable Downtown San Diego. Being on an island makes vacationing blissfully simple.

4. Accessibility

People often associate islands with isolation. If you’re going somewhere like Hawaii, that is undoubtedly true. It takes a full day to get to Hawaii from the East Coast and a half-day from the West Coast. Between the time difference and high cost of goods, the trip can be more exhausting than rejuvenating. A relatively short and affordable flight from every corner of the country, Coronado is an accessible paradise that captures every essence of a perfect vacation. When you buy a vacation home here, you’re investing in the island retreat you deserve. Let Del Coronado Realty help you find your dream vacation home in Coronado.

Call us at 619-437-1888, or visit us in Hotel del Coronado at 1500 Orange Avenue.

The Ultimate Coronado Real Estate Guide—July/August 2017

Love Coronado? 4 Simple Strategies to Make it Your Home If youâ&#x20AC;&#x2122;ve fallen in love with Coronado, youâ&#x20AC;&#x2122;re not alone. Our island paradise attracts visitors from around the world, many of whom turn their short stay into a long-term vision. It may be known primarily as a vacation destination, but roughly 25,000 people call Coronado home. Want to become a local? Here are four simple real estate strategies that can land you on our pristine shores for longer than just a week or two.

1. Own Instead of Rent

Buying a home when you first enter the workforce or during a life transition might not be realistic, but once you have settled down and established a career, owning is usually the more sound choice for your finances. Renting is widely compared to throwing money away. And oftentimes, we find that a client can pay just a little more for a mortgage than their current rent. When you own, your home is an investment rather than a monthly expense. Think a Coronado home is out of your budget? You might be pleasantly surprised. There are 2-bedroom condos in the Village (the center of town) for roughly $800k-1million. The Shores

offer 1-bedroom units with beautiful views for less than $1 million. In the Cays, you can find a 2-bedroom condo in the $800k range.

2. Buy and Rent Out During Summer

Many families go on an extended vacation or visit other family members for the summer. Sound like you? Consider buying a home in Coronado, staying in it for the majority of the year, and renting it out while you are gone during the summer months. This strategy works well because the summer vacation rental demand in Coronado is extremely high. Rental

The Ultimate Coronado Real Estate Guideâ&#x20AC;&#x201D;July/August 2017

income from July alone can be enough to offset the annual taxes, insurance, and other expenses on your property.

3. Buy and Use as a Vacation Home

In reverse from the previous suggestion, those who are happy with a smaller dose of the Coronado lifestyle can buy a home, rent it out for the majority of the year, and use it as a vacation home when they wish to spend time on the island. This allows you to get your foot in the door of a coveted market, with a high return on your investment should you wish to sell later on. Because of its great schools, Coronado also has a strong demand for schoolyear rentals. You should have no trouble finding renters even in “the dead of winter”—which is typically sunny and 70 degrees here in the San Diego area.

• No down payment • No mortgage insurance needed • Lower fees • Reusable VA (entitlement) Furthermore, a VA jumbo loan lets you borrow more than the “conforming limit” set by lenders. In San Diego County, you can pair your VA benefits with a jumbo loan for 100 percent financing on a home purchase up to $580,750. That means no down payment. Once you pass the $580,750 mark, you can use your VA benefit with no maximum loan amount. The only stipulation is that you must be able to make the minimum down payment, which is significantly less than homebuyers without VA benefits. You can even use a Thrift Savings Plan (TSP) as your down payment.

No Two Strategies Are Alike

4. Veterans: Leverage Your VA Benefits

The strategies we’ve offered are all rather common. However, when it comes time to find your dream home in Coronado, your strategy will be unique to your needs and preferences. Let Del Coronado Realty provide concierge-level service so that you can truly enjoy your Coronado home-buying experience. Call Many military families falsely assume us at (619) 437-1888, or visit us in Hotel they do not have the financial ability to del Coronado at 1500 Orange Avenue. buy a home in Coronado. Understand that your Veterans Affairs (VA) benefits go a long way here! A VA home loan enables you to borrow with:

About the Del Coronado Realty Team Your local experts for home buying and selling in all areas of Coronado Del Coronado Realty is a full service boutique brokerage specializing in concierge-level real estate in Coronado, La Jolla, Del Mar Heights, and the surrounding Coastal San Diego Areas. The establishment of Del Coronado Realty at the iconic Hotel del Coronado has brought an unparalleled benefit to this brokerage. Located in the retail corridor of The Del, just steps away from the main lobby, Del Coronado Realty is accessible seven days a week to the hotel’s many patrons. As Coronado agents, the team’s experience and local market knowledge is unsurpassed. H AVE A B US Y S CH ED U L E ?

That’s okay, we can come to you! Call us at 619.437.1888

The Ultimate TheCoronado Ultimate Coronado Real EstateReal Guide—November/December Estate Guide—July/August 2016 2017

Ruth Ann Fisher B R OK E R

(619) 733-4100

ruthann@delcoronadorealty.com

VOTED THE BEST REAL ESTATE AGENT IN CORONADO 10 YEARS IN A ROW! Ruth Ann Fisher, Del Coronado Realty’s team leader, brings over 30 years of real estate experience and a wealth of in-depth knowledge to every client relationship. Loved by her clients, and widely respected among her colleagues, her exemplary service, professionalism and integrity set her apart. Focusing closely on her client’s lifestyle, as well as on every detail of the sale, Ruth Ann provides the epitome in client care—routinely going above and beyond what is necessary to ensure absolute satisfaction. “The client comes first. My

primary priority is understanding my client’s needs and desires so they end

up happy with the decision that they make,” she says. “I give honest advice

even if it means someone doesn’t buy a particular home.” Her devotion and conscientiousness have resulted in many of her clients also becoming her friends. A Coronado resident since 1999, Ruth Ann has a broad knowledge of the Southern California real estate market and understands the special allure of a coastal lifestyle. As a dedicated member of the Coronado community, she is a visible presence in Coronado and is actively involved with the Coronado schools. CA BRE #01281432

We have a number of exclusive, private sale opportunities that are not currently public!

Prices do fluctuate! Therefore, pricing in this guide is not guaranteed!

CALL

619.437.1888 VISIT

Retail Corridor of Hotel del Coronado 1500 Orange Avenue, Coronado, CA 92118

Kelsey Olson SALES A S S O CI AT E

(619) 663-5358 kolson@hoteldel.com

Kelsey’s passion for real estate and helping others is the cornerstone of her success. Her top priority is her clients and providing exceptional personalized service. With a Master’s Degree in Communication and years of experience in government contracting, negotiations, and program management, Kelsey has the perfect skillset to seamlessly execute both buying and selling homes for her clients. Being a part of the Del Coronado Realty team with its wealth of experience and compassion for people is the perfect fit for her client focused approach. “Above all else, my objective is to help each and every client achieve their goals with the utmost integrity.” Kelsey’s strong communication skills both internally with clients and external stakeholders ensure transactions are executed with care and precision. Her love of learning and innovation keeps her up to date and on top of current real estate and marketing trends including her strong social media marketing expertise. In her downtime, Kelsey enjoys playing various Vavi sports leagues, hiking, snowboarding, spending time at the beach and taking full advantage of all the beauty California has to offer. Whether you are a first-time buyer, searching for a second home or want to get top value selling your current home, Kelsey and Del Coronado Realty will provide you with an incredible experience. CA BRE #02033733

Stephanie Basden LICENS E D T RANS AC T IO N COORDI NAT O R

(619) 708-6768 stephanie@delcoronadorealty.com

AB O UT

Stephanie has a degree in Economics, with a Business Concentration, from Hollins University, and has held a real estate license since 2006. She has over 10 years experience in the real estate industry and has had the opportunity to gain a wealth of knowledge from differing markets throughout the US and abroad. With her husband, USN Captain Drew Basden and their three children, Stephanie has lived all over the country, even outside the US for a time in Atsugi, Japan before choosing to call Coronado home. Stephanie values the premier education provided to her children and others through the Coronado Schools. Moving around the U.S. has made Stephanie uniquely qualified at negotiating the intricacies of relocating. In addition to executing transactions with the utmost attention to detail and ensuring her clients have their every need met, Stephanie donates her time to military related causes and charities and runs an embroidery and sewing business making custom, often Navy-themed, pillows. She looks forward to working with you on your next transaction and seeing everything through as you transition into your new home. CA BRE #01783387

The Ultimate Coronado Real Estate Guide—July/August 2017

Selling Your Home in Coronado? Have your home listed by our local real estate team and have your property featured in our monthly real estate guide. Your listing will have the exclusive advantage of being showcased to over 500,000 discerning guests annually, plus local Coronado residents.

Del Coronado Realty 1500 Orange Avenue Coronado, California 92118 619.437.1888 DelCoronadoRealty.com CA BRE# 01909797

Data from SANDICOR, Inc. for June 22, 2017 and represents properties listed or sold by

Contact Us Todayâ&#x20AC;&#x201D;619.437.1888 | property DelCoronadoRealty.com various brokers. If your is currently listed this is not meant as a solicitation.