1160 Pine St
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1160 Pine St

Dbottom 20%

Coronado, CA 92118

$17,995,000

Pass at asking: -$124,471/mo full cashflow at 20% down, 7.43% rate.

Works at $1,788,815 (90% under asking); even all cash loses money at asking.

Rent $17,843/mo from 9 leases of houses within 0.5 mi, same school area, size-adjusted ($12,808–$35,315).

Beds

7

Baths

8.5

Sqft

6,562

Year Built

2013

Days on Market

156

Property Type

Single Family

HOA/mo

N/A

MLS ID

OC26054969

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

About This Property

Welcome to 1160 Pine Street, an extraordinary trophy estate just steps from the shimmering sands of Coronado Beach. Perfectly situated only two homes from the ocean, this remarkable 6,562-square-foot residence embodies the essence of sophisticated seaside living across three floors in one of Coronado Island’s most coveted locations. In 2024, it was thoughtfully reimagined and updated with a refined coastal aesthetic, the home offers 7 beautifully appointed bedrooms and 9 bathrooms, including 5 private en-suite retreats designed to provide both comfort and elegance for family and guests. Every space has been curated to create an atmosphere of relaxed luxury, where timeless design meets modern convenience.At the heart of the home, a stunning open-concept living environment seamlessly blends the kitchen, dining, and family spaces into one grand gathering area—ideal for entertaining on both an intimate and impressive scale. Walls of light and thoughtfully designed indoor-outdoor transitions invite the coastal breeze inside, while expansive patios create effortless spaces for alfresco dining, sunset cocktails, and evenings gathered around the dramatic linear fire feature.Above it all, the rooftop spa offers an experience few homes can rival. Soak beneath the open sky while taking in breathtaking 360-degree views spanning the Pacific Ocean, Point Loma, the iconic Hotel del Coronado, the San Diego skyline, and the Coronado Bridge—a daily reminder that this is truly a one-of-a-kind setting.From the second level, gentle ocean breezes and the calming rhythm of the waves provide a constant connection to the nearby shore. Every detail of the home has been designed to enhance comfort and ease, including central air with zoned heating, modern appliances, integrated smart home technology, and a rare five-car attached garage.Just moments away lies the vibrant heart of Coronado, where Orange Avenue offers acclaimed dining, charming cafés, boutique shopping, theaters, and a rich array of recreational amenities—from tennis and pickleball to lawn bowling, scenic parks, and picturesque bike paths along the coastline.1160 Pine Street is more than a residence—it is a rare opportunity to experience the very best of Coronado’s coastal lifestyle, where luxury, location, and the rhythm of the ocean come together in perfect harmony.

Mortgage Calculator

Est. Monthly Payment

$123,213

Principal & Interest$99,970
Property Tax$17,995
Insurance$5,249
%($3,599,000)
%
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
$17,843

9 leases of houses within 0.5 mi, same school area, size-adjusted · $12,808–$35,315

Monthly Cashflow

Rent − PITIA

-$105,371
Full Cashflow

Incl. vacancy, PM, maint, capex

-$124,471

What would make this work?

$124,471/mo short at 20% down; +$161,650/mo rent closes it.

Break-even price

90% under asking

$1,788,815
Break-even rent

$161,650/mo above the estimate

$179,493/mo
Cashflow at 35% down
−$105,726/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)
$99,970
Cap Rate
-1.57%
Cash-on-Cash
-41.50%
DSCR

Need ≥ 1.25 for DSCR loan

0.14

NOI (Annual)
-$283,303
Price-to-Rent

Lower = better for investors

84.0

* 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−$124,471/mo