News Summary
A luxurious mansion at 3 The Point in Coronado has started its competitive bidding process with a starting price of $19 million. The live auction, managed by Concierge Auctions, will take place in Hong Kong, featuring a sprawling estate with extensive bay views and top-tier amenities. With seven bedrooms, eleven bathrooms, and a rooftop deck, this auction is expected to set a new benchmark in the luxury real estate market and attract international buyers to the region.
Coronado, California – Competitive bidding has officially commenced for a luxury mansion situated at 3 The Point, with a starting price of $19 million. The auction, managed by Concierge Auctions, is set to culminate in a live, sealed-bid event in Hong Kong on September 17, 2025.
The estate, which spans an impressive 11,715 square feet, boasts over 320 feet of private bay frontage along with expansive views of the surrounding bay, making it an enticing prospect for potential homeowners and investors. The luxurious residence features seven bedrooms and eleven bathrooms, with each bedroom designed to include its own private balcony.
In addition to the spacious interiors, the property offers a remarkable 3,600-square-foot rooftop deck, complete with a pool and panoramic views of the surrounding landscape. Ground-level outdoor spaces further enhance the estate’s resort-style experience, offering wraparound patios and other luxurious amenities. The property is equipped with two private yacht docks, capable of accommodating vessels up to 95 feet—an attractive feature for boating enthusiasts.
This high-profile auction is being co-managed by a team of real estate agents, led by Ericca Woodruff of Coldwell Banker, who aim to attract international buyers to Coronado. The campaign is expected to significantly impact the local real estate market by highlighting the value of coastal living in the area, while also boosting tourism due to its luxurious offerings.
The auction of this estate could prove to be a benchmark for luxury properties in Coronado, known for its blend of serene coastal environments, world-class marinas, golf courses, and pristine beaches. By showcasing this mansion, it is anticipated that interest in luxury accommodations and experiences in the area will increase, particularly among affluent travelers and potential buyers.
Coronado itself is recognized for its charm and beauty, as well as its proximity to downtown San Diego’s cultural attractions. The area has drawn the attention of high-net-worth individuals looking for exclusive beachfront properties, and the auction is expected to reaffirm Coronado’s stature as a desirable location for such investments.
In the competitive luxury market, the mansion at 3 The Point is positioned among several other notable properties, including a 22,000-square-foot estate on Long Island and a sizable ranch in Colorado. Interested bidders must provide a $100,000 deposit and proof of funds as part of the auction requirements.
Owned by a trust operated by the Call family, this estate was previously listed at $43 million in November 2023 before its price was reduced to facilitate the auction. The local real estate market has shown diverse activity, exemplified by the recent sale of Del Island, an affordable housing community, for $9.6 million.
Coronado Shores Co., the oldest independent brokerage on the island, has been managing properties since 1970 and supports the robust real estate landscape in the area. By allowing the auction of such a prestigious estate, it is anticipated that Coronado will continue to enhance its reputation as a premier market for luxury coastal living.
As the auction date approaches, it remains to be seen how the competitive bidding will unfold and what implications it may have for the future trajectory of the local real estate market.
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Additional Resources
- Travel and Tour World: Luxury Waterfront Estate in Coronado Hits Auction
- Google Search: Coronado luxury real estate
- San Diego Union Tribune: Coronado Cays Mansion Auction
- Encyclopedia Britannica: Coronado
- ReBusiness Online: Sale of Affordable Housing in Coronado
- 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.
