
Canyon Lake, California 92587
This Turnkey Lakefront Condominium is listed at $425,000, representing a high-quality lifestyle purchase valued near its $397,203 Fair Market Value. Boasting an Excellent Condition Rating, the home features modern shaker cabinets, granite countertops, and new major systems including a brand-new AC and water heater. Residents benefit from a Private Boat Dock, Lake and Mountain Views, and a private patio within the Lake Elsinore Unified district. This move-in-ready sanctuary is an ideal match for lifestyle seekers or Owner-Occupants looking for a polished, resort-style transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22346 Canyon Club Subject | $425,000* List Price | 2 | 2 | 1,055 | $376 | - |
A 22400 Canyon Club Drive Sold | $520,000 | 3 | 2 | 1,424 | $365 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1970, the property has undergone extensive recent renovations, as evidenced by the 'beautifully updated' description and images. The kitchen features modern white shaker cabinets, granite countertops, stainless steel appliances, and a contemporary backsplash. Bathrooms are also fully updated with modern vanities, fixtures, and tiling. New flooring, lighting, and fresh paint throughout give the interior a virtually new feel. The listing also highlights a brand new water heater and AC unit, indicating major system replacements. This aligns with the 'Excellent' criteria for a property extensively renovated within 5 years, with all components being new or virtually new.
The property offers direct lakefront access with an included private boat dock, providing unparalleled convenience for water activities like boating, fishing, and kayaking.
This condo is described as 'turnkey' and 'beautifully updated' with modern finishes and an open-concept layout, allowing for immediate enjoyment without significant renovation needs.
Peace of mind is provided by recent upgrades including a brand new AC unit and water heater, reducing immediate maintenance concerns and improving energy efficiency.
As a condominium, the property comes with shared walls, potential community restrictions, and a mandatory monthly association fee of $362.0, which adds to the overall cost of ownership.
With 1055 square feet, the living space may be considered modest for some buyers, potentially limiting appeal for those seeking larger primary residences or more expansive entertaining areas.
Built in 1970, despite recent interior updates, the underlying structure and potentially some original systems are over 50 years old, which could lead to future maintenance considerations not covered by recent upgrades.
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 | 1,153.5 | 50% |
| Lot Size | 1,307 | 1,279.5 | 50% |
| Price | $425.0K | $553.5K | 50% |
| Price per sq ft | $403 | $401 | 50% |
| Built year | 1970 | 1974 | 25% |
| HOA | $362.0 | $356 | 50% |
| Days on market | 78 | 198 | 25% |
Feb 3, 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