22299 San Joaquin Dr West, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 3 bath

22299 San Joaquin Dr West, Canyon Lake, California 92587 home-pic-0
ACTIVE$849,000
22299 San Joaquin Dr West, Canyon Lake, California 92587
4Beds
3Baths
2,413Sqft
6,970Lot
Year Built
1987
Close
-
List price
$849K
Original List price
$895K
Price/Sqft
$352
HOA
$308
Days on market
-
Sold On
-
MLS number
SW25100560
Home ConditionGood
Features
Excellent View: Hills, Lake
Deck
ViewHills, Lake

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,5 Pros. Rank: price - $849.0K(71th), sqft - 2413(65th), beds - 4(62th), baths - 3(50th).

LAKE VIEWS! Quiet street, great new price! This beautiful home is the epitome of lake living, enjoy stunning lake views from your full frontal outdoor covered patio, with built in bar b q area, and several seating areas offering views from the Primary bedroom, and open concept living areas- perfect for indoor/outdoor living. Beautiful wood floors throughout the home, vaulted ceilings, wood burning fireplace, and plantation shutters throughout. A well appointed kitchen offers solid slab granite counters, recessed lighting, bay window, breakfast bar and plenty of storage and convenient pantry with large pull out storage. The spacious primary bedroom, with its own access to the covered outdoor patio, offers a large walk-in closet, and a recently updated primary bath with large shower and well appointed double vanity. In addition there are 2 more bedrooms with a full bath, separate laundry area with ample built in storage and large counter tops. Newer double pane windows all throughout the home, new HVAC system including ducting installed in 2021. A mother in law suite located on the lower level has a full kitchen, separate bedroom and full bath, separate entrance, perfect for a rental for extra income. Owner took meticulous care of this home, added new pavers to the driveway, and property is abundant in flowering tropical plants. Home has owned solar! Canyon Lake offers a 384 acre lake, offering waterskiing, fishing, boating, beautiful clubhouse, beaches, baseball fields, equestrian center, tennis and pickleball courts, 18 hole signature golf course, and is a golf cart friendly community with tons of family activities, holiday celebrations and more! Please contact JoAnne Michaels @ 951 395-4413 for more information...

Condition Rating
Good

The property, built in 1987, is in good condition, being move-in ready with no immediate renovations required. Key updates include a new HVAC system and ducting installed in 2021, newer double-pane windows, and a recently updated primary bathroom featuring modern tiling and a glass-enclosed shower. The kitchen boasts white shaker-style cabinets, modern built-in double ovens, and solid slab granite counters, though the granite style and a visible older range hood suggest it's not a brand-new, high-end renovation. Hardwood floors are present throughout. The presence of an owned solar system and a functional mother-in-law suite further enhance its appeal and condition.
Pros & Cons

Pros

Panoramic Lake Views & Outdoor Entertainment: The property boasts stunning lake views from a full frontal outdoor covered patio, complete with a built-in BBQ area and multiple seating zones, ideal for indoor/outdoor living and entertaining.
Income-Generating Potential: A separate mother-in-law suite on the lower level, featuring a full kitchen, bedroom, and bath with its own entrance, offers excellent potential for rental income or multi-generational living.
Recent Major System Upgrades: The home benefits from newer double-pane windows throughout and a new HVAC system, including ducting, installed in 2021, ensuring improved energy efficiency and comfort.
Owned Solar System: The presence of an owned solar system significantly reduces energy costs and enhances the property's long-term value and environmental appeal.
Extensive Community Amenities: Located in Canyon Lake, residents have access to a 384-acre lake for waterskiing, fishing, and boating, along with a clubhouse, beaches, golf course, equestrian center, and various sports courts.

Cons

Significant Overpricing: The current listing price of $849,000 is substantially higher than the estimated market value of $615,275, indicating a potential overvaluation of approximately 27%.
Age of Property: Built in 1987, the property is over 35 years old. While updated, some aspects may reflect an older design or require more frequent maintenance compared to newer constructions.
Recurring Association Fees: The property incurs a monthly association fee of $308, which adds a significant recurring cost to homeownership.

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