Stunning California Estate Offers Incredible Bay, Mountain, and City Vistas for $11.95 Million
Set along the shimmering coastline of San Diego Bay, 1 The Point stands as one of the most coveted addresses in Coronado Real Estate. Listed at $11,950,000, this south-facing waterfront residence combines architectural precision, contemporary luxury, and a once-in-a-lifetime location in the prestigious Coronado Cays community. Built in 1991 and recently upgraded, the 6,451-square-foot home offers 4 bedrooms, 6 bathrooms, and over 132 feet of private bay frontage — a feature almost impossible to replicate in today’s California Real Estate market.
Coastal Architecture with Impeccable Craftsmanship
Designed for those who demand perfection, 1 The Point was conceived as a statement of coastal sophistication. The current owners have poured heart and capital into every detail — from the new stone fireplace and engineered hardwood floors to the refurbished private dock with four boat slips. A newly remodeled gourmet kitchen is equipped with high-end appliances, ideal for those who love to entertain or host intimate waterfront dinners.
“All four bedrooms are ensuite and feature balconies that capture sweeping views of the bay and mountains,” said Jaime P. Bea of Coronado Cays Realty in an interview with Luxury Houses Magazine. “The owners envisioned a retreat that feels like a yacht on land — elegant, functional, and intimately connected to the water.”
With over 11,000 square feet of wharfage, the property accommodates vessels of nearly any size, from catamarans to luxury yachts. New AC systems, LED lighting, roof gutters, and a fresh composition roof ensure the home is move-in ready and built for long-term enjoyment.
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A Proven History of Value and Prestige
This remarkable estate has a rich transaction history that mirrors the growth of Coronado Real Estate. Records show the property sold in 2002 for $5.25 million, then again in 2022 for $6.6 million, before its current listing at nearly $12 million — an appreciation of over 80% in just three years. That trajectory underscores the enduring desirability of prime California Real Estate and the scarcity of south-facing waterfront homes on open bay.
“This is truly one of the most exceptional parcels in Coronado Cays,” Bea told Luxury Houses. “It’s the kind of property that doesn’t just rise in value — it defines value for the entire community.”
Life in the Coronado Cays
Beyond the home itself, 1 The Point offers an incomparable lifestyle. The Coronado Cays community is a collection of canal-lined islands connected by bridges, reminiscent of the Amalfi Coast but nestled just minutes from downtown San Diego. Residents enjoy direct access to the Coronado Cays Yacht Club, tennis courts, walking paths, and pristine beaches.
According to Bea, “What makes this neighborhood so special is its balance — you’re surrounded by water and luxury, yet you’re only a short drive from the restaurants, culture, and history of downtown Coronado.”
Within minutes, homeowners can reach the world-famous Hotel del Coronado, as well as boutiques, bistros, and cafes along Orange Avenue. Excellent schools and easy access to major highways make the area ideal for both year-round residents and seasonal buyers seeking a sun-drenched coastal haven.
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The Pinnacle of Waterfront Living
Every space inside 1 The Point celebrates its bayfront orientation. Floor-to-ceiling windows frame the water like a painting, while expansive terraces invite gentle ocean breezes into each room. The home’s dual staircases, vaulted ceilings, and custom stonework evoke understated grandeur, creating an ambiance that is both intimate and breathtaking.
As Bea summed it up to Luxury Houses Magazine, “When you step onto the dock and gaze across the bay at sunset, you realize this isn’t just a home — it’s a private resort. There’s truly nothing else like it on the market today.”
For discerning buyers seeking timeless waterfront beauty, impeccable craftsmanship, and a location that embodies Southern California’s relaxed sophistication, 1 The Point is unmatched.
Explore more details about this extraordinary residence on Zillow or contact Jaime P. Bea directly via Coronado Cays Realty for private viewing arrangements.
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
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