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Recall Coronado’s historic allure owned by Bayfront Candela’s restauranteur Tomas Braniff

Over 100 year-old-home was “meticulously restored” in 2017

Square footage is nice, but what really makes a master closet a master closet is a chandelier.
Square footage is nice, but what really makes a master closet a master closet is a chandelier.

The Spanish white stucco house at 475 A Avenue in the “Crown City” of Coronado may have originally been constructed more than 100 years ago in 1914, but marketing materials promise it was “meticulously restored” just over a year ago in 2017.

The “magnificent” estate home is sited near the northeastern edge of the “island” town (some consider it splitting hairs, but Coronado Island is actually a peninsula), just a few blocks from Coronado Tidelands Park. There are seven bedrooms, six baths, and just shy of 6900 square feet of living area under roof, located on an oversized lot occupying more than a quarter-acre of coveted real estate.

Finishes, including the “original hardwood, windows, wainscoting, and oversized fireplace” were preserved in the recent renovation, allowing prospective buyers to “recall Coronado’s historic allure.”

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“No detail was overlooked while balancing the history and modernity of this charming property,” listing materials promise.

That caveat aside, there’s a lot more on A Avenue that’s new than old. Exposed-beam ceilings have been retained, but the original wood has received a fresh coat of paint. Lighting and plumbing fixtures have all been updated, but some are recreations of period-correct styling.

Pinch me darling, it’s a splittable lot in Coronado!

A chef’s kitchen features “top of the line Subzero and Gaggenau appliances,” an oversized center island with cooktop and sink, built-in wine refrigerator, and a walk-in butler’s pantry with its own dishwasher and farmhouse sink. “Marble-clad bathrooms throughout” are all outfitted with new fixtures, while the HVAC system has recently been replaced and new electric water heaters promise “instantly hot showers.”

The master suite’s main bedroom area occupies more than 400 square feet on its own; the private wing also offers an en-suite office, a “collector’s worthy walk-in closet,” and a “relaxing bath with tub and shower enveloped in Carrera marble.”

Outside, the 11,300-square-foot lot offers “al fresco entertaining” options with a two-tiered stone patio and large expanse of neatly-trimmed grass lawn, but the listing notes that the lot could be split to allow developers an opportunity to build another home.

Public records indicate the A Avenue estate was purchased by highly local Coronado restauranteur Tomas Braniff — formerly of the bayfront Candela’s and also Tent City at the Coronado Museum of History and Art — in 2015 for a reported $2.7 million.

With a current tax value of just over $2.85 million, it doesn’t appear the property enjoys historical designation under California’s Mills Act, which allows owners of historic properties to enjoy a considerable savings in property taxes in exchange for pledging to preserve a building’s exterior. The current assessment carries an annual tax bill north of $31,000, adding $2600 every month to any outlays for mortgage payments or fire insurance.

Since the last sale, the property was quickly re-listed for $3.5 million in early 2016, failing to find a buyer. After the remodel was completed, the home was offered for rent in July 2018, though prospective tenants balked at the $31,200 monthly bill.

The home was simultaneously offered for sale beginning in July 2018; at that time it carried an asking price of $5,199,000. Last October the asking price was reduced to $4,900,000. That listing expired in January; in early February, A Avenue went back up for sale, with the price unchanged to date.

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Square footage is nice, but what really makes a master closet a master closet is a chandelier.
Square footage is nice, but what really makes a master closet a master closet is a chandelier.

The Spanish white stucco house at 475 A Avenue in the “Crown City” of Coronado may have originally been constructed more than 100 years ago in 1914, but marketing materials promise it was “meticulously restored” just over a year ago in 2017.

The “magnificent” estate home is sited near the northeastern edge of the “island” town (some consider it splitting hairs, but Coronado Island is actually a peninsula), just a few blocks from Coronado Tidelands Park. There are seven bedrooms, six baths, and just shy of 6900 square feet of living area under roof, located on an oversized lot occupying more than a quarter-acre of coveted real estate.

Finishes, including the “original hardwood, windows, wainscoting, and oversized fireplace” were preserved in the recent renovation, allowing prospective buyers to “recall Coronado’s historic allure.”

Sponsored
Sponsored

“No detail was overlooked while balancing the history and modernity of this charming property,” listing materials promise.

That caveat aside, there’s a lot more on A Avenue that’s new than old. Exposed-beam ceilings have been retained, but the original wood has received a fresh coat of paint. Lighting and plumbing fixtures have all been updated, but some are recreations of period-correct styling.

Pinch me darling, it’s a splittable lot in Coronado!

A chef’s kitchen features “top of the line Subzero and Gaggenau appliances,” an oversized center island with cooktop and sink, built-in wine refrigerator, and a walk-in butler’s pantry with its own dishwasher and farmhouse sink. “Marble-clad bathrooms throughout” are all outfitted with new fixtures, while the HVAC system has recently been replaced and new electric water heaters promise “instantly hot showers.”

The master suite’s main bedroom area occupies more than 400 square feet on its own; the private wing also offers an en-suite office, a “collector’s worthy walk-in closet,” and a “relaxing bath with tub and shower enveloped in Carrera marble.”

Outside, the 11,300-square-foot lot offers “al fresco entertaining” options with a two-tiered stone patio and large expanse of neatly-trimmed grass lawn, but the listing notes that the lot could be split to allow developers an opportunity to build another home.

Public records indicate the A Avenue estate was purchased by highly local Coronado restauranteur Tomas Braniff — formerly of the bayfront Candela’s and also Tent City at the Coronado Museum of History and Art — in 2015 for a reported $2.7 million.

With a current tax value of just over $2.85 million, it doesn’t appear the property enjoys historical designation under California’s Mills Act, which allows owners of historic properties to enjoy a considerable savings in property taxes in exchange for pledging to preserve a building’s exterior. The current assessment carries an annual tax bill north of $31,000, adding $2600 every month to any outlays for mortgage payments or fire insurance.

Since the last sale, the property was quickly re-listed for $3.5 million in early 2016, failing to find a buyer. After the remodel was completed, the home was offered for rent in July 2018, though prospective tenants balked at the $31,200 monthly bill.

The home was simultaneously offered for sale beginning in July 2018; at that time it carried an asking price of $5,199,000. Last October the asking price was reduced to $4,900,000. That listing expired in January; in early February, A Avenue went back up for sale, with the price unchanged to date.

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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