Listed by Ken Pecus with eXp Realty of California, Inc 619-675-0123

Coronado life is a storybook rewritten over many generations. There are always chapters that are closing, and new stories set to begin. Introducing a property whose latest chapter has ended and which now offers a beautiful opportunity for a new story to begin. In Coronado, a diverse collection of experiences and memories have captured our love and attachment to the Crown Isle. It's rarely about the house itself, as much as it is about where on the island you made your memories. It's about which kids were on your block who went to school with you, or perhaps who your neighbors were that would have BBQs in the backyard. So many of our memories are wrapped in what you did on the 4th of July, or how close you were to the beach. This address offers one of the most amazing locations in the entire Village. The possibilities are endless, and happiness awaits you. See supplement for additional details! We all love options and opportunities! This property is brimming with them. First and foremost, the home features a full 1-bedroom spacious guest house, with separate living room and kitchen/dining. It could be a wonderful rental, guest suite, extended family living, or can serve as temporary housing during reconstruction or remodeling. It can also be the perfect location for onsite storage during a new construction phase. The future can easily envision a brand-new estate at this location. The lot should be functionally easy to design, being a rectangle without odd boundaries as some lots have. The setting is purely spectacular. Sitting on arguably one of the best streets in all of Coronado, the wide broadside of Glorietta Boulevard. It has direct unobstructed views out to Glorietta Bay, past the boats and Yacht Club, Tennis Center, Coronado Shores, Hotel Del, and the Southern horizon. If you have been looking for the perfect location where you can invest in exquisite, high value new construction, this location should warrant that investment. Although the property is offered at strictly land value, the existing house has some fun possibilities. The architecture is a bit Avant-Garde, so depending on your style and preferences, a modern architectural showpiece could emerge. The current structure features soaring ceilings in both the downstairs family room and the upstairs primary suite, which creates an exceptional feeling of light and air. The existing window and balcony structure on the 2nd floor dramatically demonstrates the potential of one of Coronado's most coveted view corridors. The space dedicated to the primary bedroom and bath, the kitchen, and the family room, could possibly be reconstructed into a modern offering. The current home features multiple outdoor terraces (which would have to be reconstructed) and demonstrates how diverse the many view options are. Another great possibility is to complete a large-scale remodel with extensive new construction. If you aren't into the full new construction option and don't feel the current architecture fits your style sensibilities, perhaps a dramatic gut to everything inside the structural exterior walls and studs, and then rebuild from the middle out. The front house appears to have a fairly square perimeter, so gut out the center and reconstruct to your heart's desire. Once again, it's just another option this wonderful property offers the future owner. Whichever route you go, this home's location is ideal and just waiting for the renaissance.