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.
Pending
$3,595,000
48 Spinnaker Way, Coronado, CA 92118
4beds
3,112sqft
Single Family Residence
Built in 1987
-- sqft lot
$3,598,000 Zestimate®
$1,155/sqft
$153/mo HOA
What's special
Private balconySpa-style bathBreathtaking scenerySerene water viewsSpacious primary suiteExtra-large sitting areaStunning panoramic water views
- 41 days
- 117
- 2
Zillow last checked:
Listing updated:
Listed by:
Romina Nassif DRE #02190405 619-882-4100,
Compass
Source: SDMLS,MLS#: 260020767
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Fireplace, Forced Air Unit
Cooling
- Central Forced Air
Appliances
- Included: Dishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, 6 Burner Stove, Built In Range, Convection Oven, Freezer, Counter Top
- Laundry: Electric, Gas
Interior area
- Total structure area: 3,112
- Total interior livable area: 3,112 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: None Known
- Garage spaces: 2
Features
- Levels: 2 Story
- Pool features: N/K
- Fencing: Full
Details
- Parcel number: 6151523000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other/Remarks
- Roof: Other/Remarks
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Sewer Connected
- Water: N/K
Community & HOA
Community
- Subdivision: CORONADO CAYS
HOA
- Services included: Other/Remarks
- HOA fee: $153 monthly
- HOA name: Coronado Cays HOA
Location
- Region: Coronado
Financial & listing details
- Price per square foot: $1,155/sqft
- Tax assessed value: $3,395,865
- Date on market: 8/25/2026
- Listing terms: Other/Remarks
Estimated market value
$3,598,000
$3.42M - $3.78M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Pending sale | $3,595,000$1,155/sqft |
Source:  SDMLS #260020767 Report a problem | ||
| 8/25/2026 | Listed for sale | $3,595,000$1,155/sqft |
Source: SDMLS #260020767 Report a problem | ||
| 7/3/2026 | Listing removed | $3,595,000$1,155/sqft |
Source: SDMLS #260011366 Report a problem | ||
| 5/12/2026 | Listed for sale | $3,595,000-10%$1,155/sqft |
Source: SDMLS #260011366 Report a problem | ||
| 4/12/2026 | Listing removed | $3,995,000$1,284/sqft |
Source: SDMLS #260004165 Report a problem | ||
| 4/5/2026 | Listed for sale | $3,995,000$1,284/sqft |
Source: SDMLS #260004165 Report a problem | ||
| 3/4/2026 | Pending sale | $3,995,000$1,284/sqft |
Source: SDMLS #260004165 Report a problem | ||
| 2/21/2026 | Listed for sale | $3,995,000+88.4%$1,284/sqft |
Source: SDMLS #260004165 Report a problem | ||
| 12/16/2016 | Sold | $2,120,000+36.8%$681/sqft |
Source: Public Record Report a problem | ||
| 9/19/2014 | Sold | $1,550,000-4.6%$498/sqft |
Source: Public Record Report a problem | ||
| 8/27/2014 | Price change | $1,624,990-1.5%$522/sqft |
Source: River Rock Realty #140036306 Report a problem | ||
| 7/5/2014 | Listed for sale | $1,649,000$530/sqft |
Source: River Rock Realty #140036306 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $3,395,865 +2% |
| 2025 | $35,714 +2.4% | $3,329,280 +2% |
| 2024 | $34,879 +36.6% | $3,264,000 +38% |
| 2023 | $25,529 +1.9% | $2,364,898 +2% |
| 2022 | $25,042 +1.5% | $2,318,528 +2% |
| 2021 | $24,668 +2.9% | $2,273,067 +1% |
| 2020 | $23,972 +3.1% | $2,249,760 +2% |
| 2019 | $23,249 -1% | $2,205,648 +2% |
| 2018 | $23,480 +1.8% | $2,162,400 +2% |
| 2017 | $23,063 +35.1% | $2,120,000 +34.7% |
| 2016 | $17,066 +1.6% | $1,573,637 +1.5% |
| 2015 | $16,795 +45.8% | $1,550,000 +47% |
| 2014 | $11,520 | $1,054,779 +0.5% |
| 2013 | -- | $1,050,013 +2% |
| 2012 | -- | $1,029,425 +41.4% |
| 2011 | -- | $727,950 +0.8% |
| 2010 | -- | $722,510 -0.2% |
| 2009 | -- | $724,228 +2% |
| 2008 | -- | $710,028 +2% |
| 2007 | -- | $696,106 +2% |
| 2006 | -- | $682,458 +2% |
| 2005 | -- | $669,077 +2% |
| 2004 | -- | $655,959 +1.9% |
| 2003 | -- | $643,938 +2% |
| 2002 | -- | $631,312 +2% |
| 2001 | -- | $618,934 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 92118
Nearby schools
Schools provided by the listing agent
- District: Coronado Unified School District
Source: SDMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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