News Summary
Coronado Shores Co. is now owned by the McCann family, aiming to enhance services and community engagement on Coronado Island. Established in 1970, the company is the oldest independent brokerage on the island, managing 400 units. John and Myssie McCann bring over 20 years of experience in real estate and plan to introduce new technologies to improve customer service. With a history of serving the community, they are dedicated to strengthening ties and expanding services both on and off the island.
Coronado, CA – Coronado Shores Co. has officially come under new ownership with the recent acquisition by the McCann family, a move that is expected to bring enhanced services and community engagement to Coronado Island. The company, established in 1970, is recognized as the oldest independent brokerage on the island and is known for managing The Shores, an iconic set of ten high-rise towers.
The McCann family, comprising John and Myssie McCann, brings over 20 years of combined experience in property management and real estate investing to the firm. Their purchase marks the third ownership of Coronado Shores Co. since it began operations nearly five decades ago. Currently, the company manages about 400 individually owned units for long-term and vacation rentals, providing services that include real estate sales, property management, and vacation rentals.
With John McCann serving in his 12th year as a Chula Vista City councilman and as a Lt. Commander in the U.S. Navy Reserves, and Myssie McCann bringing expertise from her prior position managing budgets for California American Water Company, the couple is poised to enhance the firm’s community-focused initiatives. They plan to integrate new technologies aimed at improving customer service and enhancing overall client experiences.
Both John and Myssie have deep roots in the region. Myssie’s great-grandfather served as vice president emeritus of Coronado Federal and was a long-time director of the bank. This connection to the community underscores their commitment to being active participants in local events and supporting organizations within Coronado.
Company History and Future Plans
For the past 47 years, Coronado Shores Co. has played a pivotal role in the real estate market on Coronado Island, handling a significant percentage of sales transactions in The Shores. The company has recently expanded its services beyond Coronado, taking on county-wide property management to accommodate a growing client base.
In alignment with their growth strategy, the McCanns have welcomed two new real estate sales agents to the Shores Group. These additions are aimed at focusing on home sales that span from San Diego to Palm Desert, enhancing the firm’s reach within the broader market.
Current Real Estate Market Trends
The Coronado real estate market is exhibiting strong demand for condominiums, with active sales and moderate price increases noted recently. Current data from the Market Action Index indicates a shift towards a Seller’s Market as of February 2024, attributed to low inventory levels contributing to price stability and gradual increases. Analysts predict an earlier seasonal increase in inventory due to proactive buyer activity trends in anticipation of Spring.
As Coronado Shores Co. transitions under the McCann family’s leadership, it stands ready to meet the challenges of this evolving market while remaining committed to the needs of the local community. The combination of their extensive experience in property management and a focus on innovative service enhancements positions them to foster strong ties within the community and reinforce the company as a trusted leader in Coronado’s bustling real estate sector.
Deeper Dive: News & Info About This Topic
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Additional Resources
- Coronado Times: July 2025 Coronado Market Update
- Wikipedia: Coronado, California
- Coronado News: New Owners Purchase Coronado Shores Co.
- Google Search: Coronado real estate market trends
- Coronado Times: Coronado Condo Market Update 2024 Insights
- Google Scholar: Real Estate Coronado California
- Coronado Times: Panoramic Penthouse Just Listed at The Coronado Shores
- Encyclopedia Britannica: Real Estate
- Coronado Times: Coronado Rents One of the Highest in the State
- Google News: Coronado real estate
Author: STAFF HERE CORONADO
The Coronado Staff Writer represents the experienced team at HERECoronado.com, your go-to source for actionable local news and information in Coronado, San Diego County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Coronado Island Film Festival, productions at Lamb’s Players Theatre, community workshops at John D. Spreckels Center, and iconic celebrations at Hotel del Coronado. Our coverage extends to key organizations like the Coronado Chamber of Commerce and Visit Coronado, plus leading businesses in hospitality, dining, and tourism that drive the local economy. As part of the broader HERE network, including HERESanDiego.com, HEREHuntingtonBeach.com, HERELongBeach.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
