
Canyon Lake, California 92587
This Turnkey Lakefront Condominium is listed at $425,000—positioned well below the $431,241 Fair Market Value by 1%. This competitive pricing provides $6,241 in Instant Equity for a property boasting a Mint Condition Rating following extensive modern renovations. The residence offers a premier lakeside lifestyle featuring a Private Boat Dock, panoramic Lake and Mountain Views, and brand-new HVAC systems. Located within a secure gated community in the Lake Elsinore Unified district, residents enjoy elite resort amenities and golf course access. This move-in-ready sanctuary is a perfect match for lifestyle-driven homeowners or resort-style owner-occupants.
Property is new construction or fully renovated.
While built in 1970, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with stainless steel appliances, updated bathrooms with contemporary tiling, and new flooring. The listing also confirms brand new HVAC and water heater systems, meeting the criteria for mint, turnkey condition.
The property includes a private boat dock and direct lake access, offering a premium lifestyle for boating and water sports enthusiasts that is rare at this price point.
Extensively updated with modern finishes and essential mechanical upgrades, including a brand-new AC unit and water heater, ensuring immediate move-in readiness.
Located in a secure, gated community with access to an 18-hole golf course, private restaurants, and diverse recreational facilities, enhancing overall property value.
Constructed in 1970, the underlying structure and common areas may require more frequent maintenance or face future HOA assessments compared to newer developments.
At 1,055 square feet, the living space is relatively modest for a two-bedroom unit, which may limit appeal for buyers requiring extra storage or larger communal areas.
Turnkey Lakefront Living in The Villas at Canyon Lake! Welcome to your dream retreat in the highly sought-after community of The Villas at Canyon Lake! This beautifully updated 2-bedroom, 2-bathroom condo offers effortless lakeside living with everything you need to move right in and start enjoying the good life. Step inside to find a bright, open-concept layout featuring modern finishes and a warm, inviting atmosphere. The kitchen flows seamlessly into the living and dining areas, perfect for entertaining or relaxing after a day on the water. Recent upgrades include a brand new water heater and new AC unit, ensuring comfort and peace of mind for years to come. Enjoy some quiet time on your private patio, or head down to your included boat dock for endless fun on the water — boating, fishing, kayaking, or simply soaking up the sun. Located in a secure, meticulously maintained community. The Villas offers resort-style amenities and easy access to all that Canyon Lake has to offer; including water skiing, water boarding, an 18 hole beautiful golf course, and a great restaurant all a stones throw away from your private oasis.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,055 | 990 | 50% |
| Lot Size | 1,307 | 653.5 | 50% |
| Price | $425.0K | $389.5K | 50% |
| Price per sq ft | $403 | $401 | 50% |
| Built year | 1970 | 1973 | 25% |
| HOA | $362.0 | $362 | 50% |
| Days on market | 48 | 123 | 50% |
Apr 27, 2026
$425,000
Initial Listing
Nov 13, 2020
$285,000
Public Record
Oct 6, 2017
$249,000
Public Record
Jul 15, 2016
$227,000
Public Record
Oct 26, 2011
$70,000
Public Record