277 79 C Avenue, Coronado, CA 92118

$7,990,000
List Price
$7,990,000
Status
ACTIVE
MLS#
240011359SD
Year Built
1888
Lot Size
7,405
Acres
0.17
Lot Location
Drip Irrigation/Bubblers, Sprinkler System
Days on Market
29
Property Type
Multifamily
Stories
Three Or More Levels

Property Description

Imagine stepping back in time to 1888, the year this unique, rare gem was built, cozily situated in the village of Coronado. A time when architecture was more than just bricks and mortar it was a work of art. This home is a testament to that era, a perfect embodiment of the Queen Anne Victorian architectural style. In 1999, this Victorian beauty was officially recognized for its historic significance and was designated as a Historic Resource. And just like a queen, it enjoys certain privileges. Thanks to the Mills Act, this property enjoys a reduction in property tax. A royal privilege, indeed. While the exterior retains its 19th-century charm, the interior underwent a complete makeover in 2017. This Victorian queen got a modern heart, with updated electrical, plumbing, and Cat5 cabling. But fret not, Victorian enthusiasts! The remodel was done with the utmost care to preserve the original spirit of the home. The house boasts 6 bedrooms, 4.5 baths, with 3,860 square feet of living space. The attic, once a forgotten space, has been transformed into the 6th bedroom, complete with its own kitchen and a full bathroom. But wait, there's more to this property than the Victorian beauty. Sitting at the back of the property are three (3) rental units, each with 2 bedrooms, 1 bath, and 920 square feet of space. A bonus for those looking for a potential source of income. The property is equipped with solar panels, located on the rental units. A big plus for those who are eco-conscious or simply looking to save on energy costs. it's a sought-after piece of Coronado's rich heritage.

Additional Information

Pool Description
None
Heat
Electric, Solar, See Remarks, Zoned
Cooling
Yes
Cooling Description
Heat Pump, Wall/Window Unit(s), Zoned
View
Bay
Roof
Composition
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$273,700

Listing courtesy of Listing Agent: Joe Ellis (drjosephellis@gmail.com) from Listing Office: Joseph Ellis , Broker.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.