Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
$1,795,000

38 Mardi Gras, Coronado, CA 92118

3Beds
3Baths
1,830Sq ft
1990Built
285,755Lot sq ft

Listed by Kristina D Quesada, Douglas Elliman of California · 619-840-4550

Jeff Brick
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home

Experience the best of coastal living in this Coronado Cays home located in the highly desirable Mardi Gras Village. Surrounded by lush greenery and filled with natural light, this 3-bedroom, 2.5-bath residence offers a rare combination of comfort, space, and effortless living. Step inside to soaring vaulted ceilings and a light-filled living room anchored by a cozy fireplace, creating an impressive yet welcoming first impression. The kitchen features granite countertops, stainless steel appliances, and a charming breakfast nook for casual mornings at home. A spacious main-level primary suite makes everyday living exceptionally convenient, complete with a walk-in closet, soaking tub, dual vanities, and nearby laundry. Upstairs, two generously sized bedrooms and a full bath provide flexible space for family, guests, a home office, or all three. Outside, a private patio surrounded by greenery invites you to dine al fresco, unwind after a day at the beach, or simply enjoy San Diego’s year-round sunshine. Recent improvements, including a brand-new roof and freshly painted exterior trim, both covered by the HOA, offering peace of mind. Life in Mardi Gras Village extends well beyond your front door. Enjoy the community pool, tennis courts, and BBQ areas, with Silver Strand State Beach, dog park, pickleball courts, and playground all within walking distance. Whether it’s a morning stroll by the ocean, an afternoon at the pool, or sunset at the beach, this home offers the relaxed Coronado lifestyle buyers. Move in and enjoy!

Remarks provided by the listing agent through SDMLS.

Home facts

Everything SDMLS reports for this home
$981Price per sq ft
$711/moHOA dues
NoneMello-Roos / CFD
285,755 sq ftLot · 6.56 acres
2 garageParking spaces
NoADU / guest unit
199036 years old
48Days on market

Interior

Bedrooms3
Bathrooms2 full, 1 half
Living area1,830 sq ft
Levels2 Story
RoomsKitchenLiving RoomPrimary BedroomPrimary Bathroom
AppliancesDishwasherDryerMicrowaveRange/OvenRefrigeratorWasher
Fireplace1 · FP in Living Room
LaundryGas & Electric Dryer HU

Room sizes

Primary bedroom19 × 14 ft
Bedroom 214 × 15 ft
Bedroom 311 × 10 ft
Living room26 × 14 ft
Dining room11 × 6 ft
Kitchen11 × 6 ft

Heating, cooling & utilities

HeatingForced Air Unit (Natural Gas)
CoolingCentral Forced Air
WaterMeter on Property
SewerSewer Connected

Exterior & lot

Lot size285,755 sq ft (0 (Common Interest))
PoolBelow Ground, Community/Common, Association, Heated
SpaCommunity/Common
FencingFull

Construction

Year built1990
Exterior wallsStucco
RoofTile

Parking

Garage spaces2
Total spaces2
Parking featuresAttached

HOA, fees & community

HOA dues$711 a month
Total monthly fees$711
Mello-Roos / CFDNone
AssociationCoronado Cays HOA
ComplexCoronado Cays
Known restrictionsCC&R's

Property & listing details

Home typeDetached
OwnershipFee Simple
ZoningR-1:SINGLE
Parcel number (APN)615-180-07-08
NeighborhoodMardi Gras Village
Subdivision / tractCORONADO CAYS
MLS areaSouth Bay
CountySan Diego
Accepted financingCash, Conventional, FHA, VA
Listed onSep 23, 2026
Original list price$1,895,000
Last price changeOct 4, 2026
Days on market48
MLS #260023361

Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.

Price & status history

DateEventPrice
Sep 23, 2026Listed for sale$1,895,000
Off-market · not on Zillow, Redfin or the MLS

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Compass Private Exclusives are not listed in the MLS and are not part of the SDMLS data on this site. Images show the neighborhood, not the home.

What it costs to own

Your estimated monthly cost

— / month
Principal & interest—
Property tax (1.15% a year)—
Home insurance (California average)—
HOA dues$711
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—

Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.

Rent vs. buy

Typical rent in 92118 is about $5,122/month. Owning this home runs about — more each month before tax benefits and equity.

Home values in 92118
+7%1 year
+32%5 years
+75%10 years

Estimates, not a loan quote. Tax uses the San Diego County typical rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros

This home vs. its market

Coronado is a Balanced market

3.4 months of inventory for houses in October 2026. Under 3 months favors sellers, 3 to 6 is balanced, over 6 favors buyers.

$981Price per sq ft (area: $1,692, 42% below)
48 daysOn market (area median: 18 days)
$3,850,000Area median house price (+0% vs last year)
98%Of list price that sellers got

Price reduced $100,000 from the original list price.

Area figures: San Diego MLS closed sales, October 2026, houses in ZIP 92118, compiled by Jeff Brick.

The neighborhood

Living in Coronado

$2,730,000Median sale price
70Avg. days on market
87Homes for sale

Market data: SDMLS.

Read the full Coronado guide →
Schools

Schools for this home

Schools as listed in SDMLS. Confirm enrollment boundaries with the school district.

See all Coronado schools in Jeff's guide →

Similar homes nearby

Based on information from the San Diego Multiple Listing Service as of November 11, 2026 at 12:31 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error

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