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535 Ocean Blvd, Coronado, CA 92118

List Price: $19,500,000On Market FlagOn market
Jun 4, 20254,433 sqft5 beds5 baths
Listed by: Janice Clements
License #: 01120956
Phone #: 619-806-7052
Compass
Source:
CRMLS Logo
MLS #: 250028689SD

Property Description

Legacy. Luxury. Location. 535 Ocean Blvd stands as a timeless centerpiece along the coveted Ocean Blvd, the historic core of Coronado. Originally designed by the esteemed architect William Sterling Hebbard for Admiral Uriel Sebree upon his retirement after a distinguished 44-year naval career, it has now been thoughtfully reimagined for modern living. This single-family residence blends architectural heritage with contemporary elegance. Tucked within the famed estates along the world-class Ocean Blvd, this is a rare and expansive approximate 10,800 sq ft lot just steps from the sand on the famed Central Beach or a stroll along the boardwalk to the famous and recently restored, Hotel Del Coronado and Orange Avenue. The result is a masterpiece that honors Coronado's roots and has the benefits of the Mills Act while offering refined, easy living. The main home offers four bedrooms, three and a half baths, a flexible main and upper-level layout, as well as a private 1-bedroom, 1-bathroom detached guest house. The unique double lot offers many sunlit outdoor spaces, including a pool, outdoor kitchen and dining area, as well as a grand entrance complemented by an expansive front and side yard that are simply unparalleled. This is more than a Coronado home—it’s Coronado as it was meant to be lived: legacy in its bones, luxury in every detail, breathtaking ocean views, and a location beyond comparison. This incredible property underwent a 2 year restoration and remodel. Owners worked in collaboration with Tontz Construction and Architect Kevin Rugee on this extensive project. The property was taken down the studs while maintaining and restoring some of the original details including: railings, flooring, beams, and exterior architectural features. While the property was originally constructed in the early 1900's it has the modern amenities and infrastructure of a new construction home. The property comprises the main home - approx. 3,983 sqft, guest house 450 sqft, and garage 385 sqft. The lot size and unique orientation of the existing home allows for incredible use of the front, side, and backyard. The existing structures and lot coverage allow for a max square footage to be approx. 5,400 allowing for the expansion of over 500 additional living space or garage to be added to the property. Yard and gardens can be reconfigured to allow for a pickleball court. Due to the Historic Designation and Mills Act Funding any changes to the existing structures must go through the Coronado Historical Commission. Broker and the affiliated agents do not guarantee the accuracy of the information provided, including square footage, lot size, permitted or un-permitted spaces, and/or bedroom/bathroom count. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits and/or with appropriate professionals (i.e. attorney, appraiser, architect, contractor, etc.). It is recommended to meet with the City of Coronado planning department to learn more about the Historic Designation, Mills Act Agreement, and Historic Alteration Permit process.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$19,125

TurboHome Estimated Value

$10,387,500

$2,343 sqft

High Valuation
$10,906,875
$2460/sqft
Normal Valuation
$10,387,500
$2343/sqft
Low Valuation
$9,868,125
$2226/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2343/sqft$10,387,500

Neighborhood: Coronado Village

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Comparative Value

$6.50M

$8.48M

$11.00M

$19.50M

1005 Adella Ave, Coronado, CA 92118

Sale Price: $6,500,000

Selected Comparable

721 Balboa Ave, Coronado, CA 92118

Sale Price: $7,100,000

Selected Comparable

1105 Pine St, Coronado, CA 92118

Sale Price: $8,480,000

Selected Comparable

944 H Ave, Coronado, CA 92118

Sale Price: $8,650,000

Selected Comparable

515 1st St, Coronado, CA 92118

Sale Price: $11,000,000

Selected Comparable

535 Ocean Blvd, Coronado, CA 92118

List Price: $19,500,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
535 Ocean Blvd, Coronado, CA 92118

535 Ocean Blvd, Coronado, CA 92118

List: $19,500,000

Listed: 6/4/2025

Area:4,433 sqft
Price/sqft:$4,399
Beds:5
Baths:5
Year Built:
Lot Size:10,460

Comparable Properties

COMPARABLE
Choose comps
1105 Pine St, Coronado, CA 92118

1105 Pine St, Coronado, CA 92118

Sale: $8,480,000

7/1/20250.11 mi

Area:3,546 sqft
Price/sqft:$2,391
Beds:5
Baths:5
Year Built:
Weight:22.3%
944 H Ave, Coronado, CA 92118

944 H Ave, Coronado, CA 92118

Sale: $8,650,000

5/15/20250.23 mi

Area:3,500 sqft
Price/sqft:$2,471
Beds:5
Baths:5
Year Built:
Weight:21.1%
1005 Adella Ave, Coronado, CA 92118

1005 Adella Ave, Coronado, CA 92118

Sale: $6,500,000

5/29/20250.76 mi

Area:4,138 sqft
Price/sqft:$1,571
Beds:5
Baths:4
Year Built:
Weight:20.0%
721 Balboa Ave, Coronado, CA 92118

721 Balboa Ave, Coronado, CA 92118

Sale: $7,100,000

12/19/20240.57 mi

Area:4,065 sqft
Price/sqft:$1,747
Beds:5
Baths:6
Year Built:
Weight:18.4%
515 1st St, Coronado, CA 92118

515 1st St, Coronado, CA 92118

Sale: $11,000,000

7/14/20251.19 mi

Area:3,655 sqft
Price/sqft:$3,010
Beds:5
Baths:4
Year Built:
Weight:18.2%

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