21734 Appaloosa Court, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 3 bath

21734 Appaloosa Court, Canyon Lake, California 92587 home-pic-0

21734 Appaloosa Court

Canyon Lake, California 92587

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,300Sq Ft
10,000Lot Size

Property Price

LIST PRICE$795,000
EST. MARKET VALUE
$795,000

SUMMARY

Analysis of 21734 Appaloosa Court, Canyon Lake, California 92587 reveals a Fairly Priced Property with a current list price of $795,000  aligned with the estimated $795,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Canyon Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$795,000
Based on Realkey algorithm analyzing recent comparable sales in Canyon Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
21734 Appaloosa Court
Subject
$795,000*
List Price
332,300$346-
A
29595 Longhorn Drive
Sold
$732,000322,213$3310.6 mi
B
22511 Cascade
Sold
$754,900332,168$3480.9 mi
C
30471 Caliente Place
Sold
$670,000322,241$2990.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property was built in 2022 and underwent a comprehensive rebuild and remodel in 2023, ensuring all structural and interior components are virtually new. The home features a modern architectural design with high-end finishes, updated kitchen and bathrooms, dual-pane windows, and premium outdoor amenities including a mini-golf course and private lagoon access, meeting all criteria for the highest condition rating.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 2300.

  • Modern Turnkey Condition

    Rebuilt and remodeled in 2023, this home offers a contemporary architectural design with high-end finishes and a 2,300 sq. ft. layout that is move-in ready.

  • Exceptional Outdoor Living

    The property features a unique backyard paradise with a private mini-golf course and direct access to the lagoon for boating and fishing.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10000, other record lot size in square feet = 10890.

  • Pricing Volatility

    The property has seen significant price reductions from an original list price of $888,000, which may lead to buyer concerns regarding market value or initial overpricing.

  • Lagoon vs. Main Lake Location

    While offering water access, the property is situated on a lagoon rather than the main lake, which may be a drawback for buyers seeking premium main-body water frontage.

About 21734 Appaloosa Court

Stunning Modern Retreat in Resort-Style Community! Discover your dream home in this breathtaking property, seamlessly blending modern architectural design with the natural beauty of the Rocky Mountains. This remarkable retreat offers the perfect lifestyle for those who appreciate both indoor and outdoor living. Property Features: • Rebuilt and Remodeled (2023): Generous 2300 sqft 2 stories layout featuring 3 bedrooms and 3 full bathrooms with a paradise right in the backyard, including a mini golf court and access to the lagoon. • Entertainment Ready: Enjoy a spacious entertainment room downstairs with convenient bar and expansive windows showcasing stunning panoramic mountain views and water view. • Unique Views from Every Room: Each space is designed to maximize the natural landscape. There are 2 main gate entrances with main entrance has no steps. • Easy boat parking on street level. • Private Lagoon Access: Steps from your backyard, enjoy boating, fishing, and hiking in your own slice of paradise. • Proximity to Main Lake: Convenient access to the main lake with picturesque views from your kitchen and living spaces. • Extended Balconies: Bedrooms feature extended balconies to take in the breathtaking scenery. • Dual Pane Windows: Large windows allow for ample natural light and spectacular views from all rooms. • Safe and Quiet Neighborhood: Experience peace of mind with 24-hour security guards, perfect for families. • Vibrant Community Amenities: Enjoy the lighthouse, swimming pool, sandy beaches, horse riding courts, boat harbor, RV park, and picnic areas, as well as a golf course. This unparalleled property is more than just a home; it’s a lifestyle waiting for you to cherish moments with family and friends. Don’t miss out on the opportunity to make this retreat your own! Schedule a viewing today!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2022
Lot Size
10,000 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$360.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,3002,213
59%
Lot Size10,0008,276
76%
Price$795.0K$685.0K
65%
Price per sq ft$346$348
48%
Built year20221987
96%
HOA$360.0$350
87%
Days on market88189
11%

Pricing History

Listed for Sale

Jan 13, 2026

$795,000

$873,000

-9% Price Drop

Initial Listing

Price Change

Jan 9, 2026

$873,000

$888,000

-2% Price Drop

Initial Listing

Price Change

Dec 9, 2025

$888,000

Initial Listing

Sold

Jul 9, 2021

$452,000

Public Record

Sold

Jul 3, 2003

$206,000

Public Record

Sold

Jun 1, 1998

$18,500

Public Record

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