Space for one big yacht and two little ones in Coronado

Situated on the edge of an inlet to the Coronado Cays, the luxury estate at 1 Spinnaker Way offers “the largest, most private, un-matched unobstructed bay and channel views from nearly every room,” according to the marketing materials; this house is “the one” for a discerning waterfront buyer.

The home, originally built in 1989 and with 9400 square feet of living space, was recently subjected to a top-to-bottom remodel prior to being listed for sale in mid-February. According to the listing office, it “sets the new standard of excellence in a world-class luxury destination.” The property includes dual master suites plus a separate “in-law wing” and two guest casitas, with a total of eight bedrooms and nine baths on site, as well as a “finished expansive bonus room perfect for an office, gym, home theater or additional garage space.”

Architectural amenities include vaulted ceilings and walls of windows up to three stories high, as is the case in the entry/living area, which features dual sliding-glass doors that open to the outdoor pool area facing San Diego Bay, where one can “see the fish swim by and birds skim over the water.”

The interior has been appointed by local designers Matrix, Everything Creative Design, and Alexander Salazar Fine Art, with “warm Scandinavian furnishings and original artwork and sculpture” by California bronze sculptor Aristides Demetrios that’s also available for purchase.

State-of-the-art technologies installed during the remodel include a whole-house sound system, surveillance camera network, and custom lighting features from Crestron, a home automation company.

Several patios and second-level decks are “perfect for entertaining and dining.” Outdoor living areas are accessible from any of the bedrooms and a larger second-story deck is “out of site from neighboring properties.”

The pool was added during the recent renovation, “architecturally designed” with lighted water features. It’s surrounded by “several cozy fireplaces, fire pits, and perimeter torchiere columns.”

Exterior amenities also include a gated motor court and a 100-foot boat dock that was “recently re-lined in hardwood.” The dock can accommodate yachts up to 110 feet in length, though there are 300 feet of bay and channel frontage.

Public records indicate current ownership by Henrik and Charlotte Jorst, Danish émigrés who founded designer watch and fashion accessory producer Skagen Denmark in the early 1990s. The couple, who remained active in product development and design throughout their ownership, sold the company to watchmaker Fossil in 2012 for about $237 million in cash and stock.

The Jorst ownership didn’t last long — they purchased the property in mid-2013 for a reported $6.6 million. It was re-listed on February 19, with an asking price of $14,750,000. Another home, located at 4 Spinnaker, is the only other home facing the channel’s inlet; it is reportedly offered as a “companion property” for an $7.5 million. The 4400-square-foot residence last sold in 2013 for $3,450,000.