527 Ocean Blvd
1 / 20

527 Ocean Blvd

Dbottom 20%

Coronado, CA 92118

$33,000,000

Pass at asking: -$239,026/mo full cashflow at 20% down, 7.43% rate.

Works at $1,878,566 (94% under asking); even all cash loses money at asking.

Rent $18,738/mo from 9 leases of houses within 0.5 mi, same school area, size-adjusted ($14,375–$37,087).

Beds

6

Baths

7.5

Sqft

7,237

Year Built

2009

Days on Market

173

Property Type

Single Family

HOA/mo

N/A

MLS ID

260012401SD

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

Virtual Tour

About This Property

Gracefully positioned along iconic Ocean Boulevard, welcome to The Ocean House. This modern coastal estate is a masterclass in scale, restraint, and effortless living, capturing the essence of beachfront life in Coronado. Encompassing approximately 7,237 square feet, the residence offers six bedrooms and eight bathrooms, thoughtfully designed to balance grand-scale entertaining with an atmosphere of warmth, comfort, and calm. Throughout the home, unobstructed Pacific views and natural light define the experience. Amenities include multiple outdoor living spaces, a wellness center, game room, rooftop deck, multiple laundry areas, and a 4 car plus garage, all thoughtfully integrated into the home’s livable coastal design. A rare generational opportunity to own one of Ocean Boulevard’s iconic and irreplaceable beachfront homes. Gracefully positioned along iconic Ocean Boulevard, welcome to The Ocean House. This modern coastal estate is a masterclass in scale, restraint, and effortless living, capturing the essence of beachfront life in Coronado. Encompassing approximately 7,237 square feet, the residence offers six bedrooms and eight bathrooms, thoughtfully designed to balance grand-scale entertaining with an atmosphere of warmth, comfort, and calm. Throughout the home, unobstructed Pacific views and natural light define the experience. The interiors are refined yet approachable, blending timeless architectural character with a more modern coastal sensibility. Expansive living spaces open seamlessly to the outdoors, where disappearing walls of glass frame uninterrupted ocean views and create a constant connection to the horizon. Designed for both intimate living and large gatherings, the main living areas flow effortlessly beneath a cohesive palette of natural materials and meticulous detailing. A gracious dining room and beautifully appointed kitchen anchor the home, equally suited for everyday living or elevated entertaining. Throughout the residence, bedrooms are carefully positioned to maximize light, privacy, and perspective, while the primary suite serves as a tranquil retreat with sweeping views stretching from the Hotel del Coronado to Cabrillo National Monument at Point Loma. Outdoors, curated landscaping and layered terraces create a setting that feels both private and expansive. Lounge spaces, entertaining areas, and moments of quiet retreat are all thoughtfully integrated into the coastal environment. As the light shifts across the Pacific and the rhythm of Ocean Boulevard unfolds beyond, The Ocean House offers a rare expression of modern beachfront living in Coronado. A legacy property that is truly irreplaceable.

Mortgage Calculator

Est. Monthly Payment

$225,954

Principal & Interest$183,329
Property Tax$33,000
Insurance$9,625
%($6,600,000)
%
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
$18,738

9 leases of houses within 0.5 mi, same school area, size-adjusted · $14,375–$37,087

Monthly Cashflow

Rent − PITIA

-$207,216
Full Cashflow

Incl. vacancy, PM, maint, capex

-$239,026

What would make this work?

$239,026/mo short at 20% down; +$310,423/mo rent closes it.

Break-even price

94% under asking

$1,878,566
Break-even rent

$310,423/mo above the estimate

$329,161/mo
Cashflow at 35% down
−$204,651/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)
$183,329
Cap Rate
-1.99%
Cash-on-Cash
-43.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.08

NOI (Annual)
-$657,118
Price-to-Rent

Lower = better for investors

146.8

* 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−$239,026/mo