September 26, 2025

Luxury Mansion in Coronado Sells for $24.1 Million

News Summary

A mansion in Coronado Cays was sold for $24.1 million during a live auction in Hong Kong, organized by Concierge Auctions. Previously listed at $43 million, it was sold after a 52-day bidding process with nine participants. The property features seven bedrooms, a theater, and stunning views. The identity of the buyer remains undisclosed, pending final sale documentation.

Coronado

A mansion in the Coronado Cays was sold for $24.1 million during a live auction held in Hong Kong. The auction was organized by Concierge Auctions, a luxury real estate firm based in New York. The event took place at The Upper House, a high-end hotel located in Hong Kong, attracting global interest.

The property, previously listed at $43 million in November 2023, experienced challenges attracting buyers, leading to a price reduction to $37.5 million a year after its initial listing. The auction process lasted 52 days, from the decision to partner with Concierge Auctions up to the final sale.

There were nine bidders vying for the mansion, with the bidding commencing at $19 million. The sale is currently pending, as the home is in escrow, a process that typically takes around a month. The identity of the buyer remains undisclosed, but public deeds will be accessible once the sale is finalized.

Participation in the auction was worldwide, requiring only a $100,000 deposit and proof of funds, allowing bidders the convenience of placing bids without being physically present.

Property Features and Amenities

Located at 3 The Point, the mansion is operated by a trust from the Call family, founded by Jay Call, known for establishing Flying J. Fuel Co., now known as Pilot Flying J. The expansive property covers 11,715 square feet and offers stunning views of San Diego Bay.

This luxurious residence features seven bedrooms and 9 1/2 bathrooms, with standout characteristics such as floor-to-ceiling windows, a theater, and an impressive 3,600-square-foot rooftop deck complete with a pool spa and a small golf course. Additionally, the mansion boasts 320 feet of private bayfront, providing ample space for yachts or other watercraft.

The Auction Context

Before the auction, the property garnered attention for being on the market for an extended duration. The Hong Kong Global Sale event, where this auction took place, is known for featuring a selection of prestigious luxury real estate properties. Alongside the Coronado Cays mansion, other notable properties being auctioned included a 22,000-square-foot estate in Long Island and a large ranch in Aspen, Colorado.

As luxury real estate continues to evolve, auctions like these play a pivotal role in connecting sellers with potential buyers from around the world, honing in on the exclusivity and ease of modern property transactions. The successful sale at auction underscores the enduring appeal of high-end real estate, even in fluctuating market conditions.

Deeper Dive: News & Info About This Topic

HERE Resources

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Luxury Coronado Mansion Set for Auction in Hong Kong

Additional Resources

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.

STAFF HERE CORONADO

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