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

22250 Village Way, Canyon Lake, California 92587 home-pic-0

22250 Village Way

Canyon Lake, California 92587

ACTIVE
CONDITION: GOOD
5Beds
6Baths
4,528Sq Ft
11,761Lot Size

Property Price

LIST PRICE$3,625,000
EST. MARKET VALUE
$3,352,380
8% AboveMARKET VALUE

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

$3,352,380
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
22250 Village Way
Subject
$3,625,000*
List Price
564,528$740-
A
22166 W San Joaquin Drive W
Active
$3,099,000
List Price
555,400$5740.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
83%
Baths6.03.0
97%
Square foot4,5282,213
96%
Lot Size11,7618,276
91%
Price$3.62M$685.0K
99%
Price per sq ft$801$349
99%
Built year19841987
39%
HOA$362.0$350
91%
Days on market3189
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

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