
Canyon Lake, California 92587
This Stunning Mediterranean Waterfront-Adjacent Estate is listed at $1,600,000, representing a stable market entry perfectly aligned with its $1,600,000 Fair Market Value. Boasting an Excellent Condition Rating following extensive renovations, the residence features a Remodeled Granite Kitchen, Pebble Tec Pool and Spa, and Panoramic Lake Views. With Paid Solar Panels and dual primary suites, this home offers a turnkey resort lifestyle within the Lake Elsinore Unified district. It is the ultimate choice for Luxury-Seeking Families or Lifestyle-Focused Buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22060 Village Way Subject | $1,600,000* List Price | 4 | 6 | 4,781 | $335 | - |
A 22430 Canyon Lake Drive S Sold | $1,300,000 | 5 | 4 | 3,682 | $353 | 0.3 mi |
B 22373 Boating Active | $1,449,000 List Price | 5 | 3 | 4,030 | $360 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone extensive and recent renovations, as explicitly stated in the description and evidenced by the images. The kitchen features modern white shaker cabinets, granite countertops, stainless steel appliances, and luxury vinyl plank flooring, all appearing virtually new. Most bathrooms are also updated with modern vanities, fixtures, and finishes. Key upgrades like newer HVAC units, solar panels, and improved irrigation further support a classification of 'excellent' condition, indicating minimal physical depreciation and meeting current quality standards.
The home has been beautifully remodeled with luxury vinyl plank flooring, a remodeled kitchen, newer HVAC units, solar panels, and improved irrigation, offering a truly move-in-ready and energy-efficient experience.
Situated near the Main Lake in Canyon Lake, the property offers lake views from various areas and is moments from the main boat launch and a nearby park, enhancing its appeal for lake enthusiasts.
Featuring two spacious primary suites with private balcony access, and two additional bedrooms with private en-suite bathrooms, the home provides exceptional comfort and privacy for residents and guests. A dedicated downstairs bar and living area further enhance entertaining capabilities.
The property is subject to a significant monthly association fee of $362.00, which is a recurring cost that potential buyers must factor into their budget.
The extensive luxury features, including a pool, spa, and elaborate landscaping, will require ongoing maintenance, time, and financial investment from the homeowner.
The Mediterranean architectural style, while elegant, may not appeal to all potential buyers, potentially narrowing the market for resale compared to more universally preferred styles.
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 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 6.0 | 3.0 | 98% |
| Square foot | 4,781 | 2,215 | 98% |
| Lot Size | 6,970 | 7,841 | 26% |
| Price | $1.60M | $687.5K | 95% |
| Price per sq ft | $335 | $349 | 43% |
| Built year | 1999 | 1987 | 73% |
| HOA | $362.0 | $350 | 90% |
| Days on market | 97 | 190 | 18% |
Jan 16, 2026
$1,600,000
Initial Listing
Mar 10, 2022
$1,265,000
Public Record
Oct 9, 2020
$1,059,000
Public Record
Oct 7, 2003
$799,000
Public Record
Dec 29, 1999
$482,500
Public Record