An incredible opportunity to purchase an existing single family home ready for new development! All SDGE utilities have been disconnected and demolition is ready to commence at your convenience. Building permits will be available from the City of Coronado prior to the close of escrow to begin construction on 4 beautiful townhomes. A unique design of 4 homes creating a community feel while still enjoying the privacy of private out door spaces. Distinctive combination of Coastal Farmhouse in this central village location just 3 blocks from the beach. Front homes feature custom 4 bedroom / 4.5 bathroom plans, over 2,500 sq-ft with roof decks and large private front yards. Rear units feature a custom floor plans with 3 bedrooms / 3.5 bathrooms, over 1,700 sqft with roof decks and private courtyard yards. During a time of all time low inventory this opportunity allows any developer the rare ability to start construction immediately upon close of escrow limiting carry cost or a group of end users to build a community of unique custom homes picking your neighbors. Call today for more information on permits and plans.