22196 Hoofbeat Way, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath
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Canyon Lake, California 92587
This Turnkey Single-Story Home is a Strong Value Opportunity, listed at $574,999—positioned well below the $584,119 Fair Market Value by 1.57%. This valuation gap offers $9,120 in Instant Equity for the buyer. Featuring a 3-car garage, private patio, and a Good Condition Rating, the home provides a seamless transition into the resort-style Canyon Lake community. With its functional layout and recent updates, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22196 Hoofbeat Way Subject | $574,999* List Price | 3 | 2 | 1,558 | $375 | - |
A 22962 Giant Fir Sold | $625,000 | 3 | 2 | 1,863 | $335 | 0.9 mi |
B 22671 San Joaquin Dr. East Drive E Sold | $639,900 | 3 | 2 | 1,782 | $359 | 0.5 mi |
C 22658 Canyon Lake Drive N Sold | $540,000 | 3 | 2 | 1,394 | $387 | 0.9 mi |
D 22196 Hoofbeat Way Active | $575,000 List Price | 3 | 2 | 1,558 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 (34 years old), the property has undergone a recent 'refresh' including new laminate flooring and fresh paint. While the listing describes it as turnkey and move-in ready, the age of the structure and the nature of the updates (cosmetic refresh rather than a full gut renovation) align with the 'Good' category. The kitchen and baths appear functional and updated but retain their original layout, and the systems are implied to be well-maintained.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1558.
The property is freshly updated and includes essential appliances like the refrigerator, washer, and dryer, offering a seamless transition for buyers seeking a modern, low-maintenance home.
Featuring a functional single-level floor plan and a rare 3-car garage, this home provides excellent accessibility and ample storage space, which is highly sought after in this market.
The property listing indicates no specific views, which may be a drawback for buyers looking to capitalize on the scenic lake or hill landscapes typical of the Canyon Lake area.
The monthly HOA fee of $367 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some prospective buyers.
TURNKEY SINGLE STORY OPPORTUNITY IN CANYON LAKE! Freshly updated and available for a quick move in, this 3 bedroom, 2 bath home offers incredible value in one of Southern California’s premier gated lake communities. Featuring a desirable single level layout, spacious living areas, and a 3 car garage, this home is ideal for buyers seeking comfort, convenience, and lifestyle. The light and bright interior offers an open feel with great natural flow for everyday living and entertaining. The kitchen opens to the main living space, while the private primary suite provides a relaxing retreat. Outside, enjoy low maintenance outdoor space with room to personalize and make it your own. Recently refreshed and competitively priced to sell, this home also includes the refrigerator, washer, and dryer for added convenience. This is a fantastic opportunity to own in Canyon Lake with access to resort style amenities including boating, waterskiing, golf, beaches, parks, tennis, pickleball, pool, clubhouse, waterfront dining, and more. Don’t miss your chance to tour this move in ready home before it’s gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,558 | 2,189 | 23% |
| Lot Size | 7,840 | 8,276 | 41% |
| Price | $575.0K | $692.0K | 21% |
| Price per sq ft | $369 | $348 | 57% |
| Built year | 1990 | 1986 | 63% |
| HOA | $367.0 | $350 | 97% |
| Days on market | 29 | 152 | 4% |
May 8, 2026
$574,999
Initial Listing
Aug 31, 2015
$280,000
Public Record
Aug 22, 2008
$210,000
Public Record
Aug 26, 2005
$440,000
Public Record
Jul 9, 2004
$345,000
Public Record
Jan 9, 2001
$183,000
Public Record
Aug 17, 2000
$165,500
Public Record