What $1,000,000 Buys You in Imperial Beach Right Now (And How It Compares to Coronado)

When buyers search for a real estate agent in Imperial Beach or compare Imperial Beach to Coronado, one of the most common questions is what can I actually buy for under 1M. In today’s market, Imperial Beach continues to stand out as one of the few coastal communities where this price point still offers strong options.

Right now, under 1M in Imperial Beach, buyers can still purchase a single family home with a yard and a garage. Recent examples include homes like 851 Holly Avenue, 743 Iris Avenue, and 561 Spruce Street. These properties clearly show how location and condition impact value within the same city.

Homes located slightly farther from the beach, such as those on Holly or Iris, tend to offer more functional living space and are often closer to move in ready. As you move closer to the coast, pricing increases due to location alone. A property like 561 Spruce Street, while still under 1M, typically requires more work because proximity to the beach carries a premium. In the pocket between Spruce and Holly, there is often approximately a 100K difference in value based on location alone.

Buyers working with a local Imperial Beach realtor understand that this price range often comes down to a key decision. Do you prioritize condition and space, or do you prioritize proximity to the beach and long term appreciation.

Another option under 1M is a condo near the beach. Communities like Bayside Landing, located right off the Strand, offer turn key condos built in 2018 with modern finishes and strong lifestyle appeal. Condos along Seacoast Drive provide direct beach access and walkability, making them attractive for buyers focused on location and convenience.

When compared to Coronado real estate, the difference is striking. Coronado rarely has properties under 1M and when they do, they are typically older homes that are small and limited in space. This makes Imperial Beach a much more accessible option for buyers seeking a coastal home with room to live, modern features, and long term potential.

For sellers, understanding what buyers can purchase under 1M is critical when pricing and positioning a home. Buyers are highly informed and consistently comparing Imperial Beach homes to Coronado condos and other nearby coastal markets.