
Canyon Lake, California 92587
This Turnkey Waterfront Residence is a Strong Value Opportunity, listed at $884,900—positioned well above the $787,266 Fair Market Value by 12%. While priced as a premium asset, the home features a Condition Rating of 3, showcasing a Remodeled Granite Kitchen and a versatile 4th Bedroom/Bonus Room. Residents enjoy a resort-style lifestyle with Main Lake Access and low tax rates. This property is an ideal sanctuary for Waterfront Enthusiasts or Owner-Occupants seeking a move-in ready home in the gated Canyon Lake community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21931 Strawberry Subject | $884,900* List Price | 3 | 2 | 1,826 | $431 | - |
A 21815 Strawberry Lane Active | $919,990 List Price | 3 | 2 | 1,880 | $489 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1979, the property has undergone significant renovations within the 5-15 year range. The kitchen and bathrooms have been remodeled with granite countertops and updated cabinetry, and the home features modern slate flooring and recessed lighting. It is well-maintained and move-in ready.
Situated on Hidden Duck Cove with direct main lake access and scenic views, offering a premium lifestyle for water sports enthusiasts and boaters.
Features a remodeled kitchen with granite countertops, vaulted ceilings, and a versatile 230 sq. ft. climate-controlled bonus room ideal for a fourth bedroom or home office.
The oversized front yard provides rare off-street parking for RVs and boats, while the 1.1% tax rate and lack of Mello-Roos enhance long-term affordability.
Public records only reflect two bedrooms, which could complicate the appraisal process or financing for buyers specifically requiring a documented three-bedroom residence.
Built in 1979, the property may have aging underlying systems such as plumbing or electrical that might not match the modern standards of its recent cosmetic renovations.
MAIN LAKE WATERFRONT on Hidden Duck Cove! This beautifully updated single-story home offers the perfect combination of comfort, style, and year-round recreation. Step inside to a bright, open floor plan featuring soaring vaulted ceilings and a seamless flow between the living room, dining area, and remodeled kitchen, creating the perfect space for everyday living and entertaining. The newer remodeled kitchen showcases granite countertops, updated cabinetry, recessed lighting, and tile flooring. The spacious primary suite features an updated bathroom with a beautifully remodeled shower. Tax records reflect 2 bedrooms; however, the home includes a permitted 3rd bedroom plus an additional 10' x 23' bonus room on the waterfront level that has been used as a 4th bedroom and includes its own heating and air conditioning, providing exceptional flexibility for guests, a home office, game room, or hobby space. Step outside onto the deck just off the living room and enjoy peaceful lake views while relaxing with your morning coffee or evening sunsets. Located just minutes from the ski area, you'll have quick access to all your favorite water activities. The oversized front yard offers abundant off-street parking for boats, trailers, RVs, golf carts, and all your recreational toys. With its modern upgrades, flexible floor plan, durable finishes, abundant parking, and energy-efficient features, this home truly stands out and is completely move-in ready. Combined with its desirable waterfront setting, this is an exceptional opportunity to enjoy lake living at its finest. Located within the gated community of Canyon Lake, residents enjoy a low 1.1% tax base with no Mello-Roos and resort-style amenities including a private 384-acre waterski and fishing lake, 16 parks (most with beaches and playgrounds), an 18-hole golf course, tennis and pickleball courts, baseball fields, basketball courts, an equestrian center, community pool, dog park, golf cart-friendly streets, a slalom course, ski jump, waterfront restaurants, year-round community events, and so much more. Whether you're searching for a full-time waterfront residence or the perfect weekend getaway, this exceptional home is a rare opportunity to experience the best of Canyon Lake living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,826 | 2,648 |
| Lot Size | 6,970 | 7,405 |
| Price | $884.9K | $763.2K |
| Price per sq ft | $485 | $356 |
| Built year | 1979 | 1984 |
| HOA | $365.0 | $350 |
| Days on market | 5 | 84 |
Jul 17, 2026
$884,900
Initial Listing
Nov 7, 2000
$261,000
Public Record