22262 San Joaquin Drive W, Canyon Lake, California 92587, Canyon Lake, 92587 - 7 bed, 8 bath

22262 San Joaquin Drive W, Canyon Lake, California 92587 home-pic-0

22262 San Joaquin Drive W

Canyon Lake, California 92587

ACTIVE
CONDITION: EXCELLENT
7Beds
8Baths
9,500Sq Ft
12,632Lot Size

Property Price

LIST PRICE$3,895,000
EST. MARKET VALUE
$3,895,000

SUMMARY

Analysis of 22262 San Joaquin Drive W, Canyon Lake, California 92587 reveals a Fairly Priced Property with a current list price of $3,895,000  aligned with the estimated $3,895,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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

$3,895,000
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
22262 San Joaquin Drive W
Subject
$3,895,000*
List Price
789,500$410-
A
22485 Whirlaway Court
Sold
$3,150,000577,979$3950.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1989, this property is currently in the final stages of a complete, high-end remodel. The description explicitly states a 'brand-new gourmet kitchen with top-of-the-line appliances' and images confirm modern, new finishes including light-colored wide plank flooring, fresh paint, contemporary lighting, and a luxurious kitchen island with waterfall countertops. While not fully complete, the extensive renovation means all components are virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' criteria for a recently and extensively renovated property.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Waterfront Location & Access

    Situated prominently on the main body of Canyon Lake, offering panoramic views, direct lake access, a private dock, private boat launch, and a rare boat house.

  • Extensive Luxury Remodel

    Undergoing a complete, high-end remodel, featuring a brand-new gourmet kitchen with top-of-the-line appliances and a luxurious built-in 3-in-1 refrigeration system.

  • Exceptional Size & Versatile Layout

    A massive 9,500 sq ft estate with 7 bedrooms and 8 bathrooms, ideal for multigenerational living or entertaining with three levels, each having a private entrance and laundry room.

CONSRISKS & DEFICIENCIES

  • Remodel Completion & Additional Costs

    While offering customization, the 'final stages' of remodel imply the buyer will incur additional costs and effort to complete the property to their desired specifications.

  • Ongoing Association Fees

    The property is subject to a monthly association fee of $350, which adds to the recurring cost of ownership.

  • Potential for Construction Inconvenience

    The 'remodel still in progress' means the property may not be immediately move-in ready and could involve managing contractors or living through final construction phases.

About 22262 San Joaquin Drive W

Exquisite Canyon Lake Waterfront Estate – 7 Beds, 8 Baths, Private Dock & Launch Welcome to your dream lakefront retreat in the heart of Canyon Lake. This approximately 9,500 sq ft waterfront estate sits prominently on the main body of water, offering panoramic views, exceptional privacy, and direct lake access. Currently in the final stages of a complete remodel, this extraordinary 7-bedroom, 8-bathroom home presents a rare opportunity for buyers to personalize the finishing touches to their taste. The layout is ideal for multigenerational living or entertaining, with each of the three levels featuring its own private entrance and laundry room. At the heart of the home is a brand-new gourmet kitchen with top-of-the-line appliances, an oversized butler’s pantry, and a luxurious built-in 3-in-1 refrigeration system—combining wine storage, standard refrigeration, and freezer with precision climate control. Step outside and experience resort-style living with a private pool, oversized dock, private boat launch, and a rare boat house—one of Canyon Lake’s most sought-after amenities. This estate blends luxury, space, and lake life perfectly—and now, with the remodel still in progress, you have the unique chance to make this remarkable property truly your own.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
12,632 Sq. Ft.

Interior

Total Bedrooms
7
Total Bathrooms
8 (8 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$350.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds7.03.0
98%
Baths8.03.0
98%
Square foot9,5002,213
99%
Lot Size12,6328,276
91%
Price$3.90M$685.0K
99%
Price per sq ft$410$349
76%
Built year19891987
53%
HOA$350.0$350
50%
Days on market248190
81%

Pricing History

Listed for Sale

Jul 2, 2025

$3,895,000

Initial Listing

Browse Properties by State Browse housing market trends by state