Set within one of Coronado's most exclusive enclaves, this property invites you to craft your ideal luxury lifestyle only moments from the Yacht Club, Golf Course, Hotel del Coronado, and world-famous beaches. Enjoy peek-a-boo water views from the property, with the potential for more substantial water views with tree trimming or a newly built home. An expansive front patio and mature hedges frame this private sanctuary with endless possibilities: preserve and enhance the existing Spanish-Mission accents, exposed beams, vaulted ceilings and brick-hearth fireplace, or envision an entirely new, custom home built to your personal specifications. The current residence offers authentic character with vintage hardware and architectural details. Terraced decks and patios provide seamless indoor-outdoor living, and multiple access points to the exterior spaces create a natural flow with entertaining opportunities throughout the secluded grounds. This property delivers both privacy and pedestrian-friendly convenience, with easy access to Orange Avenue's chic boutiques, cafes, and popular restaurants nearby. The combination of prime location and potential makes this a rare opportunity for those looking to create their dream home in Coronado.