Here are some pros and cons of purchasing real estate in Coronado, California:

Pros:
- Beachfront living: Coronado is a beautiful city with miles of beachfront property, making it a great spot for anyone who loves the ocean and beach lifestyle.
- Strong housing market: According to Zillow, the median home value in Coronado is over $1.8 million, which can be a positive if you're looking for a solid investment opportunity.
- Excellent schools: The Coronado Unified School District is highly regarded, which can be a big selling point for families looking to move to the area.
- Active community: There are plenty of community events and activities in Coronado, from the annual Fourth of July parade to the island's art and wine festival.

Cons:
- High cost of living: Coronado is an expensive area to live in, with a high cost of living overall. This can make it difficult for some people to afford to live in the area long-term.
- Tourist destination: The city is a popular tourist destination, especially during the summer months, which can make the beaches and downtown areas crowded and noisy.
- Limited development opportunities: Due to the city's strict zoning laws, there are limited opportunities for new development, which can make it difficult to find new construction homes or investment properties.
- Risk of natural disasters: While rare, Coronado is at risk for natural disasters such as earthquakes and wildfires, which can be a concern for some buyers.