$7,225,000

Welcome to 514 1st Street. A spectacular once in a lifetime opportunity to purchase one of the last remaining expansive Coronado parcels left. On the market for the first time in over 55 years this incredible corner property features approx. 14,000 square feet of land, consisting of 4 legal lots. Spanning nearly 240 feet of street frontage on H Ave and 1st Street the existing hacienda style Spanish home has been deemed non-historic by the City of Coronado, allowing for endless potential. This unique offering allows buyers a multitude of options including preserving and remodeling the existing home, creating a new legacy estate or the redevelopment of multiple homes in many different configurations...all with the potential to capture incredible San Diego Bay and City Skyline Views. The existing home features over 3,300 square feet of interior living space including 6 bedrooms, 5 full bathrooms, 3 garages, storage rooms and more. Located on the Bay Side of the Coronado Village this is truly a special must see property!