Opportunity Knocks in Coronado! This charming Coronado cottage is ready for a new owner or investor with the vision to restore its character and bring it back to life! Offering 2 bedrooms, 1.5 bathrooms, and 1,071 square feet on a 4,069-square-foot lot, the property presents an opportunity to renovate, reimagine, or explore future possibilities. Touches of old-world charm remain, including some windows and a built-in china cabinet in the dining room. Additional features include a basement area and a detached garage converted to living space without permits. Tax records indicate R-3 zoning; buyers to verify zoning, permitted uses, and development possibilities. Ideally situated west of Orange Avenue in an established residential neighborhood, away from the busy tourist areas, yet about ½ mile from Coronado's beautiful beaches. Bring your imagination and explore the possibilities!
Under contract
Listed by: Willis Allen Real Estate • Terri Pontzious • Contact: terri@terripont.com
$1,900,000
848 Olive Ave, Coronado, CA 92118
2beds
1,071sqft
Single Family Residence
Built in 1920
4,069 Square Feet Lot
$1,865,800 Zestimate®
$1,774/sqft
$-- HOA
What's special
- 16 days
- 1,961
- 104
Zillow last checked:
Listing updated:
Listed by:
Terri Pontzious DRE #00807637 terri@terripont.com,
Willis Allen Real Estate
Source: CRMLS,MLS#: PTP2607608
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Laundry, Living Room
Bedroom
- Features: Bedroom on Main Level
Heating
- None
Cooling
- None
Appliances
- Laundry: Laundry Room
Features
- Bedroom on Main Level
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,071 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 4,069 Square Feet
- Features: Level
Details
- Parcel number: 5372312100
- Zoning: R-3:RESTRICTED MULTIPLE
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Coronado
Financial & listing details
- Price per square foot: $1,774/sqft
- Tax assessed value: $1,628,516
- Date on market: 10/8/2026
- Cumulative days on market: 16 days
- Listing terms: Cash
Estimated market value
$1,865,800
$1.77M - $1.96M
$5,543/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2026 | Contingent | $1,900,000$1,774/sqft |
Source:  CRMLS #PTP2607608 Report a problem | ||
| 10/9/2026 | Listed for sale | $1,900,000$1,774/sqft |
Source: CRMLS #PTP2607608 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,628,516 +2% |
| 2025 | $17,463 +2.3% | $1,596,585 +2% |
| 2024 | $17,062 +1.6% | $1,565,281 +2% |
| 2023 | $16,791 +1.9% | $1,534,590 +2% |
| 2022 | $16,475 +1.5% | $1,504,500 +2% |
| 2021 | $16,233 +1154.2% | $1,475,000 +2245% |
| 2020 | $1,294 +99.1% | $62,899 +2% |
| 2019 | $650 -49.2% | $61,666 +2% |
| 2018 | $1,280 +4.3% | $60,458 +2% |
| 2017 | $1,228 +5.3% | $59,274 +2% |
| 2016 | $1,166 +4.5% | $58,112 +1.5% |
| 2015 | $1,117 +5.7% | $57,240 +2% |
| 2014 | $1,056 | $56,120 +0.5% |
| 2013 | -- | $55,868 +2% |
| 2012 | -- | $54,774 +2% |
| 2011 | -- | $53,701 +0.8% |
| 2010 | -- | $53,300 -0.2% |
| 2009 | -- | $53,427 +2% |
| 2008 | -- | $52,380 +2% |
| 2007 | -- | $51,354 +2% |
| 2006 | -- | $50,348 +2% |
| 2005 | -- | $49,362 +2% |
| 2004 | -- | $48,395 +1.9% |
| 2003 | -- | $47,509 +2% |
| 2002 | -- | $46,579 +2% |
| 2001 | -- | $45,666 |
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
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