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22 Montego Court, Coronado, CA 92118

$1.14M1bd · 2ba · 1,471 sqft
Lot 170,713 sqft•HOA $838/mo•Condominium•
Active
•89d on market•MLS# CV-26153535

Property Description

Located within the coveted waterfront community of Coronado Cays, this elevated residence presents an exceptional opportunity to enjoy panoramic views spanning the Pacific Ocean, San Diego Bay, the surrounding marina, Coronado Islands, Point Loma, and the Coronado skyline. A wide staircase ascends to the private front entry, where an expansive living room featuring recessed lighting, a marble-surround fireplace, custom built-in cabinetry with glass display shelving, and a wall of sliding glass doors to a balcony. The adjoining dining area flows seamlessly into the kitchen, appointed with wood cabinetry, tiled countertops, generous preparation space, a breakfast bar with seating, and an open pass-through that connects to the main living area. The main level is further complemented by a bathroom featuring a vanity and walk-in shower. A staircase leads to the private upper level, where the expansive primary suite was originally designed to occupy the footprint of the community's larger two-bedroom floor plan, creates an exceptionally spacious retreat with ample room for both a sleeping area and sitting space with the flexibility for conversion back to a two-bedroom layout if desired. Sliding glass doors open to a private balcony showcasing panoramic views of the Pacific, San Diego Bay, the marina, Coronado Islands, Point Loma, and the Coronado skyline, while providing a front-row seat to spectacular sunsets and refreshing ocean breezes. The suite is complemented by a generous walk-in closet, a standard closet, a primary bathroom, and a conveniently located hallway laundry area. Additional highlights include recessed lighting, a dedicated two-car covered carport with overhead storage cabinets, and abundant guest parking throughout the community. Residents enjoy beautifully maintained grounds surrounded by lush tropical landscaping, resort-inspired amenities including a swimming pool, spa, sun deck with lounge seating, and clubhouse. Just beyond the community are waterfront walking paths, beaches, marinas, yacht clubs, parks, acclaimed restaurants, boutique shopping, and all that Coronado has to offer. Renowned for its year-round temperate coastal climate, Coronado enjoys refreshing ocean breezes, mild conditions throughout every season, and summer temperatures that remain noticeably cooler than inland Southern California, offering an exceptional opportunity to own within one of Southern California's most prestigious and sought-after waterfront communities.

Features & Amenities

Coronado CaysFeeBuilt 1982

Property Details

Subdivision
Coronado Cays
Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
0
Heating
Forced Air
Cooling
None
View
Bay, Ocean, Panoramic
Flooring
Carpet, Tile
Roof
Metal, Flat
City
Coronado
Zip Code
92118
County
San Diego
Listed byRE/MAX MASTERS REALTY, Nicholas Abbadessa

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,759.40
Principal & Interest
Loan Amount
$911,200
Total Interest
$1,162,185
Total Payment Over 30 Years
$2,073,385
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

22 Montego Court, Coronado, CA 92118

Coronado Cays · Coronado · Condominium

$1.14M
Affordable Tier
Beds
1
Baths
2
Sqft
1,471
Lot
3.92 ac
Year
1982
$/Sqft
$774
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 31.4% below the median closed sale of $1,660,000. Price per sqft ($774) is a 52% discount to closed comps ($1,603).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.14M· $774/sqft
Total list price
Closed comps
vs closed median $1.66M
−$521K (−31.4%)
Active comps
vs active median $2.40M
−$1.26M (−52.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,912
−$1K (−59.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1820 Avenida Del MundoCoronado1978121,095123,710$2,192$2.40M7373
1830 Avenida Del MundoCoronado1974221,148116,305$3,023$3.47M469
1810 Avenida Del MundoCoronado1977221,2500$2,040$2.55M16268
1133 1st. StreetCoronado2000221,6460$1,212$2.00M2268
94 Kingston Ct WCoronado1980321,8330$1,091$2.00M265
Total: 5 · Average2.02.01,394.4120,007.5$1,911.6$2.48M52.6
Median1,250$2.40M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
43 Montego CourtCoronado198108/10/2026221,5010$1.20M$1.20M$7991.007173
85 Kingston CourtCoronado198005/18/2026221,671246,585$1.66M$1.66M$9931.003272
1720 Avenida Del MundoCoronado197305/26/2026221,281109,077$3.50M$3.40M$2,6540.972868
1750 Avenida del MundoCoronado197909/09/2026119150$1.59M$1.55M$1,6940.979167
1770 Avenida Del MundoCoronado197406/05/2026331,7200$3.50M$3.23M$1,8750.928359
Total: 5 · Average2.02.01,417.6177,831$2.21M$2.21M$1,603—61
Median1,501$1.66M$1.66M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.