Experience the best of waterfront living in the Coronado Cays. Perfectly positioned on a quiet cul de sac, this exceptional bayfront residence showcases breathtaking panoramic views of the bay, mountains, and glittering city lights. Designed for effortless indoor outdoor living, expansive sliding glass doors open to a spectacular waterfront patio and lush tropical grounds ideal for entertaining or enjoying peaceful sunsets over the water. Elegant living spaces, a beautifully appointed chef’s kitchen, and a luxurious primary suite with sweeping bay views create a refined yet relaxed coastal retreat. Enjoy paddleboarding and kayaking from your backyard while embracing the resort inspired lifestyle that makes the Coronado Cays one of Southern California’s most coveted waterfront communities.
For sale
$5,500,000
5 Spinnaker Way, Coronado, CA 92118
4beds
3,800sqft
Single Family Residence
Built in 2001
-- sqft lot
$5,241,500 Zestimate®
$1,447/sqft
$209/mo HOA
What's special
- 163 days |
- 1,356 |
- 60 |
Zillow last checked:
Listing updated:
Listed by:
Kina Formiller-Fowler DRE #01991990 619-823-6725,
Coronado Premier Properties,
Tazzie Treadwell DRE #02022372 619-888-6401,
Coronado Premier Properties
Source: SDMLS,MLS#: 260005977
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air Unit
Cooling
- Central Forced Air
Appliances
- Included: Dishwasher, Microwave, Range/Oven
- Laundry: Gas
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
Features
- Levels: 2 Story
- Pool features: N/K
- Spa features: Yes, Above Ground, See Remarks
- Fencing: N/K
- Has view: Yes
- View description: Bay, City, Evening Lights, Panoramic, Water, City Lights
- Has water view: Yes
- Water view: Bay,Water
Details
- Parcel number: 6151512900
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood/Stucco
- Roof: Other/Remarks
Condition
- Year built: 2001
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: CORONADO CAYS
HOA
- Services included: Common Area Maintenance, Security
- HOA fee: $209 monthly
- HOA name: CCHOA
Location
- Region: Coronado
Financial & listing details
- Price per square foot: $1,447/sqft
- Tax assessed value: $3,974,689
- Date on market: 3/15/2026
- Listing terms: Cash,Conventional
Estimated market value
$5,241,500
$4.98M - $5.50M
$14,001/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2026 | Listed for sale | $5,500,000+52.8%$1,447/sqft |
Source:  SDMLS #260005977 Report a problem | ||
| 8/26/2025 | Listing removed | $15,000$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2025 | Listed for rent | $15,000+172.7%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/12/2021 | Sold | $3,600,000$947/sqft |
Source: Public Record Report a problem | ||
| 2/8/2021 | Pending sale | $3,600,000$947/sqft |
Source: Willis Allen Real Estate #PTP2100785 Report a problem | ||
| 2/6/2021 | Listed for sale | $3,600,000+108.7%$947/sqft |
Source: Willis Allen Real Estate #PTP2100785 Report a problem | ||
| 12/1/2012 | Listing removed | $5,500$1/sqft |
Source: Premier Property Management #120055482 Report a problem | ||
| 11/9/2012 | Listed for rent | $5,500$1/sqft |
Source: Premier Property Management #120055482 Report a problem | ||
| 9/17/2012 | Sold | $1,725,000-4.2%$454/sqft |
Source: Public Record Report a problem | ||
| 9/7/2012 | Price change | $1,800,000-10%$474/sqft |
Source: Pacific Sotheby's International Realty #1200040621 Report a problem | ||
| 7/26/2012 | Price change | $1,999,000-7%$526/sqft |
Source: Pacific Sotheby's Int'l Realty #120004683 Report a problem | ||
| 1/27/2012 | Listed for sale | $2,150,000$566/sqft |
Source: Pacific Sotheby's Int'l Realty #120004683 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $3,974,689 +2% |
| 2025 | $41,691 +2.4% | $3,896,754 +2% |
| 2024 | $40,715 +1.6% | $3,820,348 +2% |
| 2023 | $40,057 +2% | $3,745,440 +2% |
| 2022 | $39,286 +65.9% | $3,672,000 +68.5% |
| 2021 | $23,674 +2.9% | $2,178,981 +1% |
| 2020 | $23,006 +3.2% | $2,156,639 +2% |
| 2019 | $22,287 -1.1% | $2,114,353 +2% |
| 2018 | $22,534 +1.8% | $2,072,896 +2% |
| 2017 | $22,133 +14.2% | $2,032,252 +13.3% |
| 2016 | $19,382 +1.6% | $1,794,405 +1.5% |
| 2015 | $19,079 +2.4% | $1,767,452 +2% |
| 2014 | $18,625 | $1,732,831 +0.5% |
| 2013 | -- | $1,725,000 +73.7% |
| 2012 | -- | $992,897 +2% |
| 2011 | -- | $973,429 -39.2% |
| 2010 | -- | $1,600,000 +65.2% |
| 2009 | -- | $968,451 +2% |
| 2008 | -- | $949,462 +13% |
| 2002 | -- | $840,280 +7.1% |
| 2001 | -- | $784,589 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 92118
Nearby schools
GreatSchools rating
- 8/10Silver Strand Elementary SchoolGrades: K-5Distance: 1.9 mi
- 7/10Coronado Middle SchoolGrades: 6-8Distance: 5.9 mi
- 10/10Coronado High SchoolGrades: 9-12Distance: 5.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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