Coronado and Cays Homes for sale
Coronado & Coronado Cays, CA
zip code: 92118
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Coronado, also known as Coronado Island, is an affluent resort city located in San Diego County, California, 5.2 miles from downtown San Diego.
U.S. News and World Report has listed Coronado as one of the most expensive places to reside in the United States. Coronado lies on a peninsula connected to the mainland by a 10-mile "isthmus" called the Silver Strand. Locals call it “The Strand”. Locals are known to sometimes call Coronado The Island or Coronado Island. The central part of Coronado which is known as the business area is called "The Village".
In 2011, Stephen Leatherman (Dr. Beach) ranked Coronado Beach as the second best beach in the United States.
Coronado is Spanish for "the crowned one," and therefore it has the nickname The Crown City.
The city became a major resort destination in 1888 with the opening of the Hotel del Coronado. In 1900 a tourist vacation area just south of the Hotel del Coronado was established by John D. Spreckels and named Tent City. Over the years the tents gave way to cottages, the last of which was torn down in late 1940 or early 1941.
In the 1910s, Coronado was connected to San Diego by the Class 1 streetcars and an extensive, accompanying San Diego public transit system that was spurred by the Panama-California Exposition of 1915 and built by John D. Spreckels. These streetcars became a fixture of this city until their retirement in 1939.
According to the United States Census Bureau, the city has a total area of 32.7 square miles; 7.9 square miles of the city is land and 24.8 square miles of it (75.72%) is water.
Originally Coronado was separated from North Island by a shallow channel called the Spanish Bight. The development of North Island by the United States Navy prior to World War II led to the filling of the Bight, combining the land areas into a single body. The Navy still operates Naval Air Station North Island (NASNI or "North Island") on Coronado.
On the southern side of the town is Naval Amphibious Base Coronado, a training center for Navy SEALs. Both facilities are part of the larger Naval Base - Coronado.
On New Year's Day 1937, during the Great Depression, the gambling ship SS Monte Carlo, known for "drinks, dice, and dolls," was shipwrecked on the beach about a quarter mile south of the Hotel del Coronado.
In 1969, the San Diego-Coronado Bridge was opened, allowing much faster transit between the cities than the Bay ferries or driving south on State Route 75 along the Silver Strand then head north to San Diego. The city is currently weighing the options of additional construction on Highway 75 to alleviate congestion as traffic flows to and from San Diego and North Island
Like many other locations in Southern California, real estate in the city of Coronado is very expensive. A small and very modest two bedroom home in the city can easily cost over $1,000,000.
In 2010, Forbes.com found that the median home price in Coronado had risen to $1,840,665.
This makes it the third most expensive place to live in San Diego County and one of the most expensive in the country, as it holds a spot within the top 20 most expensive cities in the United States.
BROKER - REALTOR®