22473 Canyon Lake Drive S, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 3 bath

22473 Canyon Lake Drive S, Canyon Lake, California 92587 home-pic-0
ACTIVE$675,000
22473 Canyon Lake Drive S, Canyon Lake, California 92587
3Beds
3Baths
1,428Sqft
9,148Lot
Year Built
1977
Close
-
List price
$675K
Original List price
$799K
Price/Sqft
$473
HOA
$303
Days on market
-
Sold On
-
MLS number
SW25150045
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $675.0K(51th), sqft - 1428(17th), beds - 3(50th), baths - 3(50th).

LIVE LIKE YOU ARE ON VACATION! BRING ALL YOUR TOYS!! Welcome to the highly desirable gated community of Canyon Lake, where every day feels like a vacation! This beautifully remodeled home features three bedrooms and two and a half bathrooms, a modern open-concept interior, and a brand new state-of-the-art roof. The sleek interior updates offer a fresh and stylish living space, perfect for both relaxing and entertaining. The property sits on a generous lot with RV/boat parking on both sides of the home—ideal for all your recreational toys. The expansive private backyard is a blank canvas, ready for your personal touch—whether it's a pool, garden, or outdoor kitchen, the possibilities are endless.As a resident of Canyon Lake, you'll enjoy access to unmatched HOA amenities including a private 383-acre lake for boating, water skiing, and fishing, a championship golf course, community pool, clubhouse, tennis and pickleball courts, equestrian center, parks, beaches, and more. With 24/7 gated security and vibrant community events, this is resort-style living at its finest. *Photos with gate on left side of house are renderings. Gate to be installed prior to close of escrow.*

Price History

Date
Event
Price
08/29/25
Price Change
$675,000-3.4%
08/16/25
Price Change
$699,000
07/03/25
Listing
$799,000
Condition Rating
Excellent

Despite being built in 1977, the property has undergone a beautiful and extensive recent renovation, as explicitly stated in the description and clearly visible in the images. The kitchen features modern white cabinetry, dark countertops, a sleek subway tile backsplash, and high-end, contemporary appliances (including a unique glass-front refrigerator and black range hood). The bathrooms are also fully updated with modern vanities, fixtures, and new tub/shower surrounds. New LVP flooring is installed throughout, and the lighting fixtures are modern. The description also notes a 'brand new state-of-the-art roof.' All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Gated Community & Resort Lifestyle: Located in the highly desirable gated community of Canyon Lake, offering 24/7 security and a vacation-like living experience with vibrant community events.
Comprehensive HOA Amenities: Residents enjoy unmatched HOA amenities including a private 383-acre lake for water sports, a championship golf course, community pool, clubhouse, tennis/pickleball courts, and an equestrian center.
Recent Major Upgrades: The home features a beautifully remodeled interior with a modern open-concept design and benefits from a brand new state-of-the-art roof.
Ample Recreational Vehicle Parking: The generous lot provides convenient RV/boat parking on both sides of the home, ideal for owners with recreational toys.
Customizable Expansive Backyard: An expansive private backyard offers a blank canvas for personalization, with endless possibilities for a pool, garden, or outdoor kitchen.

Cons

Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $799,000 to $675,000, which may indicate initial overpricing or market resistance.
High Monthly HOA Fees: A monthly association fee of $303 adds a recurring cost to homeownership, which could be a consideration for budget-conscious buyers.
Property Age: Built in 1977, despite recent remodels, the underlying structure and some systems may be older, potentially requiring future maintenance or updates not covered by the current renovations.

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