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22060 Village Way, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 6 bath

22060 Village Way, Canyon Lake, California 92587 home-pic-0
ACTIVE$1,600,000$4,781/sqft
Est. Value: $1,704,241
6%
BelowEstimate
22060 Village Way, Canyon Lake, California 92587
4Beds
6Baths
4,781Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($1,704,241.475) is $104,241.475 (6%) higher than the list price ($1,600,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Lake Community Location & Views: Located near the Main Lake in Canyon Lake, offering lake views from various areas of the home and immediate access to community amenities like the main boat launch, parks, watersports, golf course, and golf-cart-friendly streets.
Top Cons:
Mandatory Association Fees: The property is subject to a monthly association fee of $362.0, which adds to the ongoing cost of homeownership.

Compared to the nearby listings

Price:$1.60M vs avg $685.0K (+$915,000)94%
Size:4,781 sqft vs avg 2,176 sqft96%
Price/sqft:$335 vs avg $34542%

More Insights

Built in 1999 (27 years old).
Condition: This property, built in 1999, has undergone extensive and recent renovations, aligning with the 'Excellent' criteria for a fully renovated home. The kitchen features modern white shaker cabinets, granite countertops, stainless steel appliances, and a wine fridge, appearing virtually new. Most bathrooms are updated with contemporary vanities and fixtures. The home boasts new luxury vinyl plank flooring throughout main areas, newer HVAC units, and solar panels, indicating significant recent investments in major systems and aesthetics. The recently refinished Pebble Tec pool, spa, and refreshed landscaping further contribute to its move-in-ready, high-quality condition.
Year Built
1999
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$335
HOA
$362
Days on market
-
Sold On
-
MLS number
SW25254797
Home ConditionExcellent
Features
Excellent View: Lake, Pool, Water
Deck
Pool
Spa
Patio
ViewLake, Pool, Water

About this home

Welcome to Village Way where luxury meets lake life! This beautifully remodeled Mediterranean style home is located near the Main Lake in Canyon Lake. Designed with both elegance and functionality in mind, this home offers a thoughtfully curated layout and upgrades that make everyday living and entertaining effortless. Step inside to soaring ceilings highlighted by a crystal chandelier, luxury vinyl plank flooring flowing into the expansive great room and cozy fireplace. The remodeled kitchen is the heart of the home, featuring an island, granite countertops, stainless steel appliances and shutters framing a lake view from areas of the home. The property offers two spacious primary suites, each with walk in closets and private balcony access perfect for relaxing and enjoying the surrounding scenery. Two additional bedrooms feature recently added luxury vinyl plank flooring (photos coming soon) and private en-suite bathrooms, ideal for family or guests. Downstairs offers additional flexible living space with a bar, open living area, and a convenient half bath ideal for entertaining or gatherings. Outdoor living shines with a recently refinished Pebble Tec pool and spa, built-in firepit, refreshed landscaping and a expansive deck ideal for entertaining or unwinding. An oversized tandem garage provides space for multiple vehicles and a golf cart garage, along with potential boat or RV parking. Additional upgrades newer HVAC units, luxury vinyl planking, solar panels, improved irrigation, offering a truly move-in-ready experience. Located just moments from the main boat launch and nearby park, residents enjoy all that Canyon Lake has to offer: a 384-acre waterski and fishing lake, golf course, parks, beaches, pools, equestrian center, restaurants, community events, and golf-cart-friendly streets.

J
Justin Peterson
Listing Agent

Price History

Date
Event
Price
12/29/99
Sold
$482,500
03/10/22
Sold
$1,265,000
10/09/20
Sold
$1,059,000
10/07/03
Sold
$799,000
Condition Rating
Excellent
This property, built in 1999, has undergone extensive and recent renovations, aligning with the 'Excellent' criteria for a fully renovated home. The kitchen features modern white shaker cabinets, granite countertops, stainless steel appliances, and a wine fridge, appearing virtually new. Most bathrooms are updated with contemporary vanities and fixtures. The home boasts new luxury vinyl plank flooring throughout main areas, newer HVAC units, and solar panels, indicating significant recent investments in major systems and aesthetics. The recently refinished Pebble Tec pool, spa, and refreshed landscaping further contribute to its move-in-ready, high-quality condition.
Pros & Cons

Pros

Prime Lake Community Location & Views: Located near the Main Lake in Canyon Lake, offering lake views from various areas of the home and immediate access to community amenities like the main boat launch, parks, watersports, golf course, and golf-cart-friendly streets.
Extensive Modern Upgrades & Move-in Ready: The home has been beautifully remodeled with a modern kitchen, luxury vinyl plank flooring, newer HVAC units, solar panels, and improved irrigation, providing a truly move-in-ready experience.
Versatile Living Spaces & Multiple Suites: Features two spacious primary suites, two additional bedrooms with private en-suite bathrooms, and a flexible downstairs living area with a bar, ideal for multi-generational living or entertaining.
Exceptional Outdoor Entertainment: Boasts a recently refinished Pebble Tec pool and spa, a built-in firepit, refreshed landscaping, and an expansive deck, perfect for outdoor gatherings and relaxation.
Ample & Specialized Parking: Includes an oversized tandem garage for multiple vehicles, a dedicated golf cart garage, and potential space for boat or RV parking, catering to recreational lifestyles.

Cons

Mandatory Association Fees: The property is subject to a monthly association fee of $362.0, which adds to the ongoing cost of homeownership.
Specific Community Lifestyle: The Canyon Lake community's focus on watersports, golf, and golf-cart-friendly streets caters to a niche lifestyle, which may not appeal to all potential buyers.
Architectural Style Preference: The Mediterranean architectural style, while remodeled, may not align with the aesthetic preferences of all prospective buyers, potentially narrowing the market.
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