1130 Pine Street
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1130 Pine Street

Dbottom 20%

Coronado, CA 92118

$14,750,000

Pass at asking: -$103,815/mo full cashflow at 20% down, 7.43% rate.

Works at $1,233,090 (92% under asking); even all cash loses money at asking.

Rent $12,300/mo from 10 leases of houses within 0.5 mi, same school area, size-adjusted ($9,957–$24,989).

Beds

6

Baths

5

Sqft

3,753

Year Built

1958

Days on Market

102

Property Type

Single Family

HOA/mo

N/A

MLS ID

260018781SD

This property is in Coronado (92118). Browse neighborhood analytics →

Virtual Tour

About This Property

Hidden just steps from Ocean Boulevard and Coronado’s iconic white-sand beaches, this exceptional Santa Barbara-inspired Spanish estate is a rare expression of timeless architecture and effortless coastal luxury. Designed around an extraordinary private courtyard, the home embraces an indoor-outdoor lifestyle that is nearly impossible to replicate this close to the beach. Walls of glass open to a covered loggia, sparkling pool, and lush landscaping, creating a private resort-like setting where the outdoors becomes an extension of the home. Originally reimagined by acclaimed architect Christian Rice and extensively enhanced beginning in 2024, the single-level main residence offers four bedrooms, 3.5 baths, soaring vaulted ceilings, abundant natural light, a signature beehive fireplace, and beautifully curated living spaces. A detached two-story casita provides exceptional flexibility with guest accommodations, living area, kitchenette, and a private terrace with glimpses of the Pacific. Set on an expansive 9,000+ sq. ft. lot with coveted alley access, the property also includes a two-car garage and dedicated golf cart parking. Fully approved plans by Christian Rice convey for an approximately 750-square-foot second-story addition designed to capture sweeping, protected Pacific Ocean views. Offering architectural pedigree, extraordinary indoor-outdoor living, future ocean-view potential, and an irreplaceable location just moments from the sand, 1130 Pine Street represents one of Coronado’s rarest coastal opportunities. Square footage per 3D Matterport. 3D tours available for main residence & casita.

Mortgage Calculator

Est. Monthly Payment

$100,995

Principal & Interest$81,942
Property Tax$14,750
Insurance$4,302
%($2,950,000)
%
Loan Term

Location

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Zoned Schools

  • Middle

    Coronado Middle · grades 6-8 · Coronado Unified

  • High

    Coronado High · grades 9-12 · Coronado Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Coronado bans stays of 25 days or less in residential zones. See the rules

Investment Score

0D
Est. Monthly Rent
$12,300

10 leases of houses within 0.5 mi, same school area, size-adjusted · $9,957–$24,989

Monthly Cashflow

Rent − PITIA

-$88,694
Full Cashflow

Incl. vacancy, PM, maint, capex

-$103,815

What would make this work?

$103,815/mo short at 20% down; +$134,825/mo rent closes it.

Break-even price

92% under asking

$1,233,090
Break-even rent

$134,825/mo above the estimate

$147,125/mo
Cashflow at 35% down
−$88,451/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$81,942
Cap Rate
-1.73%
Cash-on-Cash
-42.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.12

NOI (Annual)
-$255,092
Price-to-Rent

Lower = better for investors

99.9

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$103,815/mo