22250 Village Way, Canyon Lake, California 92587, Canyon Lake, 92587 - 5 bed, 6 bath

22250 Village Way
Canyon Lake, California 92587
Property Price
SUMMARY
Analysis of 22250 Village Way, Canyon Lake, California 92587 reveals a property with a current list price of $3,625,000, which is 8% above the estimated $3,352,380 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 22250 Village Way Subject | $3,625,000* List Price | 5 | 6 | 4,528 | $740 | - |
A 22166 W San Joaquin Drive W Active | $3,099,000 List Price | 5 | 5 | 5,400 | $574 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
While originally built in 1984, this waterfront estate is move-in ready and features significant high-end updates. The property boasts a chef-style kitchen with premium Sub-Zero appliances, a renovated spa-inspired primary bathroom, and recent cosmetic improvements including new paint and newer carpeting. The presence of modern systems like a private elevator, smart lighting, and a comprehensive resort-style outdoor living area indicates the home has been meticulously maintained and updated beyond its original era.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Waterfront Lifestyle
Boasting approximately 200 feet of main lake frontage, the property includes a rare fully enclosed boathouse with a hydro-lift, winch system, and private launch area, offering an unparalleled aquatic experience.
- Multi-Level Luxury & Accessibility
The expansive four-story floor plan features a private elevator servicing every level, seamlessly connecting high-end amenities like the theater room, game room, and multiple lake-view decks for effortless living.
- Resort-Style Outdoor Entertaining
The ground-level 'entertainer’s paradise' features a resort pool with a waterfall, a commercial-grade misting system on every level, an outdoor kitchen, and a gazebo with a fireplace, perfect for large-scale hosting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 7.
- Vertical Living Layout
Spanning four distinct levels, the home's vertical orientation may feel fragmented to buyers preferring a traditional open-concept layout, despite the convenience of the internal elevator.
- Potential Maintenance Overhead
Originally built in 1984, the complexity of the home’s extensive systems—including the elevator, multiple outdoor water features, and specialized waterfront infrastructure—may necessitate significant long-term maintenance and upkeep.
About 22250 Village Way
A landmark Canyon Lake waterfront residence is now available, perfectly positioned on one of the community’s most coveted streets! Enter through your private gate, down a private driveway to this stunning multi-level home designed to impress at every turn. With four levels and a private elevator servicing each floor, convenience and luxury go hand in hand. Double doors welcome you inside, where a short flight of stairs leads to the main level living area featuring a gorgeous chef-style kitchen, complete with a built-in double Sub-Zero refrigerator, ice maker, walk-in pantry, and spacious dining area, all overlooking the lake. The family room offers sliding glass doors that open to a full-length deck with breathtaking lake views. The main level also includes the primary suite, an additional bedroom, and a guest bathroom. The primary suite features a walk-in closet with built-in safe, a spa-inspired bathroom with a walk-in shower featuring multiple shower heads, soaking tub, double vanity, and a private office facing the lake. One level down is a large game room with an old-time wooden bar and rotary phone, a spacious bedroom with lake-view sliding doors, a fully equipped theater room, and a utility garage ideal for a golf cart or recreational toys. The top floor showcases a full sun-length deck, two additional bedrooms, and a private sitting room with fireplace. Situated on the main lake with approximately 200 feet of waterfront use, the ground level is an entertainer’s paradise with multiple remote-controlled roll-up storm doors creating a pool-house atmosphere, with commercial-grade misting system on each level, bar seating, and ample gathering space. Outdoor amenities include a resort-style pool with waterfall, bridge, spa, fire pit, outdoor heaters, gazebo with fireplace, outdoor kitchen and refrigerators, exterior shower with heater, and pool bathroom. The fully enclosed boathouse features a dock with hydro-lift, winch system, private launch area, and grandfathered in extended boat length. Additional features include tinted windows, ceiling fans on every level, Quiet Cool whole house fan and my smart lighting system. New interior and exterior paint, newer carpeting, garage cabinetry, and mature fruit trees including lemon, lime, orange, avocado, and peach. This is truly one of Canyon Lake’s most unique and sought-after waterfront homes. You will never want to leave, come experience it today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $362.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 6.0 | 3.0 | 97% |
| Square foot | 4,528 | 2,213 | 96% |
| Lot Size | 11,761 | 8,276 | 91% |
| Price | $3.62M | $685.0K | 99% |
| Price per sq ft | $801 | $349 | 99% |
| Built year | 1984 | 1987 | 39% |
| HOA | $362.0 | $350 | 91% |
| Days on market | 3 | 189 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$3,625,000
Initial Listing
Sold
Jul 15, 2021
$2,300,000
Public Record
Sold
Oct 13, 2009
$1,800,000
Public Record
Sold
Mar 20, 2003
$876,000
Public Record
Sold
Jun 30, 2000
$870,000
Public Record































































