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

22207 Vacation, Canyon Lake, California 92587 home-pic-0

22207 Vacation

Canyon Lake, California 92587

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,573Sq Ft
11,761Lot Size

Property Price

LIST PRICE$824,999
EST. MARKET VALUE
$729,047
13% AboveMARKET VALUE

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

$729,047
Based on Realkey algorithm analyzing recent comparable sales in Canyon Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
22207 Vacation
Subject
$824,999*
List Price
321,573$463-
A
29629 Big Range Road
Sold
$624,999321,418$4410.5 mi
B
29117 Big Range Road
Sold
$695,000321,604$4330.2 mi
C
22671 San Joaquin Dr. East Drive E
Active
$675,000
List Price
321,782$3790.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
49%
Square foot1,5732,198
21%
Lot Size11,7618,276
91%
Price$825.0K$685.0K
65%
Price per sq ft$524$349
91%
Built year19801987
30%
HOA$357.0$350
83%
Days on market87189
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

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