22207 Vacation, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath

22207 Vacation
Canyon Lake, California 92587
Property Price
SUMMARY
Analysis of 22207 Vacation, Canyon Lake, California 92587 reveals a property with a current list price of $824,999, which is 13% above the estimated $729,047 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22207 Vacation Subject | $824,999* List Price | 3 | 2 | 1,573 | $463 | - |
A 29629 Big Range Road Sold | $624,999 | 3 | 2 | 1,418 | $441 | 0.5 mi |
B 29117 Big Range Road Sold | $695,000 | 3 | 2 | 1,604 | $433 | 0.2 mi |
C 22671 San Joaquin Dr. East Drive E Active | $675,000 List Price | 3 | 2 | 1,782 | $379 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1980, the property has undergone an extensive and high-quality renovation within the last 5 years. It features a brand-new roof, a completely new HVAC system (including ducting), and an upgraded electrical panel with an EV charger. The interior is in like-new condition with a luxury kitchen featuring a custom handcrafted island, fully updated modern bathrooms, and high-end finishes throughout, meeting all criteria for the excellent category.
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 = 11761, living area = 1573.
- Financial Incentive
The property features an assumable FHA loan at a low interest rate, offering a significant financial advantage and long-term savings for qualified buyers in the current market.
- Extensive Modern Upgrades
The home has undergone a comprehensive renovation including a new roof, HVAC system, electrical panel with a 48-amp EV charger, and a luxury kitchen with a custom handcrafted island.
CONSRISKS & DEFICIENCIES
- Recurring Association Fees
The monthly association fee of $357 adds a permanent overhead cost to the property, which may impact the total monthly debt-to-income ratio for some buyers.
- Market Pricing Volatility
The listing has seen five price reductions since its initial debut, which may suggest the property was originally overpriced or is facing resistance at its current valuation.
About 22207 Vacation
Assumable FHA loan at a low interest rate. Step into luxury with this exquisitely renovated and fully furnished Canyon Lake home, offering approximately 1,600 sq. ft. of refined living space on a sprawling 10,000+ sq. ft. lot. Designed for both entertainment and comfort, this 3-bedroom, 2-bathroom home blends modern upgrades with timeless appeal, creating the perfect retreat. Every detail reflects high quality renovation. A brand-new roof, new air conditioning system with upgraded condenser, air handler, and ducting, and new attic insulation ensure air quality and worry free ownership, while a new electrical panel with a 48-amp EV charger brings modern convenience home. The freshly poured circle driveway and patios—all brand-new concrete—set the stage for elegant outdoor living, complete with ample space for RV and boat parking. At the heart of the home, the luxury kitchen features a one-of-a-kind handcrafted island—both a custom work of art and a gathering place. High ceilings and custom-crafted living and entertainment spaces create an airy, open flow filled with natural light. The living room boasts a beautifully designed fireplace, seamlessly designed with a gallery-style flush-mounted OLED TV—included with the home—combining artful design with cutting-edge entertainment. The primary suite’s luxury inspired bathroom and an updated guest bath provide a modern appeal. Whether you’re envisioning a family’s first home, a private vacation getaway, or a high-performing investment property, this home is ready to deliver. This home comes fully furnished with all furniture included. Situated just steps from the main lake and ski course, you’ll experience the lifestyle Canyon Lake is celebrated for: beaches, parks, golf, a lakeside lodge with dining and pool, and the peace of mind of 24-hour gated security.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $357.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,573 | 2,198 | 21% |
| Lot Size | 11,761 | 8,276 | 91% |
| Price | $825.0K | $685.0K | 65% |
| Price per sq ft | $524 | $349 | 91% |
| Built year | 1980 | 1987 | 30% |
| HOA | $357.0 | $350 | 83% |
| Days on market | 87 | 189 | 11% |
Pricing History
Listed for Sale
Feb 24, 2026
$824,999
$829,000
+0% Price Increase
Initial Listing
Price Change
Feb 8, 2026
$829,000
$839,000
-1% Price Drop
Initial Listing
Price Change
Feb 3, 2026
$839,000
$845,000
-1% Price Drop
Initial Listing
Price Change
Jan 13, 2026
$845,000
$849,000
+0% Price Increase
Initial Listing
Price Change
Dec 10, 2025
$849,000
Initial Listing
Sold
May 19, 2022
$525,000
Public Record
Sold
Oct 12, 2001
$200,000
Public Record






















