ActiveResidential · sale

22 Montego Court

Coronado, CA 92118

$1,160,000

  • 1 beds
  • 2 baths
  • 1,471 sq ft
  • 3.92 acres
  • Built 1982

Listed by RE/MAX MASTERS REALTY · MLS #CV26153535

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22 Montego Court, Coronado, CA 92118 · MLS #CV26153535

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

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.

Details worth a look

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.

Year built

Built in 1982.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

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.

THE NEIGHBORHOOD

Explore the location.

22 Montego Court, Coronado, CA 92118

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LOCAL MARKET CONTEXT

San Diego County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$917,223Up 1.4% vs. the previous 12 months
Months of supply2.712-month average
Days on market3312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1982
Full baths
2
Garage spaces
0
Cooling
None
Heating
ForcedAir
Appliances
Dishwasher,ElectricRange,Disposal,Microwave,TrashCompactor
Flooring
Carpet,Tile
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Pool
No
Pool features
Association
Spa
Yes
Subdivision
Coronado Cays
Parcel
6150632022
HOA
Coronado Cays
HOA amenities
Pool,SpaHotTub
HOA fee frequency
Monthly
HOA fee
$838.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$4,833.33
Cap rate

Annual operating income:

HOA: Includes $838.00 per month in HOA dues, converted from the $838.00 monthly fee reported by the listing source.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #CV26153535 · California Regional MLS

Listing brokerage: RE/MAX MASTERS REALTY
Listing agent: Nicholas Abbadessa

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.