22551 Canyon Lake S, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 3 bath

22551 Canyon Lake S, Canyon Lake, California 92587 home-pic-0

22551 Canyon Lake S

Canyon Lake, California 92587

ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,216Sq Ft
7,405Lot Size

Property Price

LIST PRICE$539,900
EST. MARKET VALUE
$539,900

SUMMARY

Estimated Market Value

$539,900
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
22551 Canyon Lake S
Subject
$539,900*
List Price
432,216$244-
A
30846 Early Round Drive
Sold
$655,000432,137$3070.3 mi
B
30471 Caliente Place
Sold
$670,000322,241$2990.4 mi
C
22730 Canyon Lake S
Pending
$674,999
List Price
332,290$2950.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1979, the property is well-maintained but shows clear signs of age and requires cosmetic updates. While it features high-value improvements like owned solar, a new AC unit, and new downstairs carpeting, the kitchen and bathrooms remain dated. The kitchen cabinets show visible wear on the finish, and the bathroom fixtures and tiling reflect older styles. The 'as-is' sale condition and significant price reductions further indicate a property that, while functional, needs modernization to meet current market standards for a higher rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Energy Efficiency

    The property features owned solar panels and a brand-new AC unit, offering significant long-term savings on utility costs and improved climate control.

  • Premier Gated Community

    Located in Canyon Lake, residents enjoy 24/7 guarded gate security and access to elite amenities including a private lake, golf course, equestrian center, and beaches.

  • Versatile Floor Plan

    The dual-level layout includes a wet bar, fireplace, and separate living area downstairs, making it ideal for multi-generational living or an expansive entertainment space.

CONSRISKS & DEFICIENCIES

  • Strict As-Is Sale

    The property is being sold in its current condition with no seller repairs or warranties, requiring the buyer to assume all risks for potential deferred maintenance.

  • Market Stagnation

    A significant price reduction history from $639,900 down to $539,900 suggests the property has faced challenges in attracting buyers at its previous price points.

  • Aging Infrastructure

    Built in 1979, the home may require further modernization of original systems or cosmetic elements beyond the recent minor updates to meet contemporary standards.

About 22551 Canyon Lake S

Canyon Lake home with possible boat/toy parking, see agent notes and supplements. Home has owned SOLAR, NEW AC Unit, and NEW Carpeting in the downstairs area. Home has 4 bedrooms 2.5 baths, 2-car garage. Main entry is at street level along with the main living shared-space. The main level has wood floors, kitchen has granite counters, tiled flooring, half bath, garage access and a side door and slider that open to your covered balcony with hillside views. The stairs that lead to the bottom patio and backyard. Downstairs has 4 bedrooms, 2 baths, separate laundry room, wet bar, living area with a fireplace, and additional dining/den area. Home also has a whole house fan, washer/dryer, fridge. Canyon Lake has controlled access with a 24/7 guarded gate, community events, a lake, equestrian center, a private beach, parks, and picnic areas. There is also a golf course, tennis courts, and a clubhouse that offers recreational activities such as fitness classes, concerts, and events. ALL THE INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. AGENT AND BUYERS TO PERFORM DUE DILIGENCE IN RESPECT TO ALL ASPECTS OF THE PROPERTY, INCLUDING POSSIBLE EASEMENT FOR RECREATIONAL VEHICLE PARKING ON THE LOT, INCLUDING APPLIANCES. SELLER HAS NO KNOWLEDGE OF THEIR CONDITION. HOME IS BEING SOLD IN ITS CURRENT AS-IS CONDITION WITH NO REPAIRS. BROKER AND SELLER MAKE NO REPRESENTATIONS OR WARRANTIES EXPRESSED OR IMPLIED WITH RESPECT TO THE ACCURANCY OR COMPLETENESS OF INFORMATION PROVIDED ON THE MLS AND ITS SYNDICATIONS AND WILL HAVE NO LIABILITY WITH RESPECT TO ITS USE OR RELIANCES. THIS INFORMATION IS NOT A SUBSTITUTE FOR INSPECTIONS PROVIDED BY LICENSED PROFESSIONALS.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
7,405 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$330.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
62%
Baths3.03.0
50%
Square foot2,2162,213
52%
Lot Size7,4058,276
38%
Price$539.9K$685.0K
12%
Price per sq ft$244$348
10%
Built year19791987
27%
HOA$330.0$350
31%
Days on market176189
41%

Pricing History

Listed for Sale

Feb 13, 2026

$539,900

$559,900

-4% Price Drop

Initial Listing

Price Change

Jan 10, 2026

$559,900

$574,900

-3% Price Drop

Initial Listing

Price Change

Dec 7, 2025

$574,900

$589,900

-3% Price Drop

Initial Listing

Price Change

Nov 6, 2025

$589,900

$609,900

-3% Price Drop

Initial Listing

Price Change

Oct 8, 2025

$609,900

$639,900

-5% Price Drop

Initial Listing

Price Change

Sep 12, 2025

$639,900

Initial Listing

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