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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
ACTIVE$574,900
22551 Canyon Lake S, Canyon Lake, California 92587
4Beds
3Baths
2,216Sqft
7,405Lot
Year Built
1979
Close
-
List price
$575K
Original List price
$640K
Price/Sqft
$259
HOA
$330
Days on market
-
Sold On
-
MLS number
IG25216414
Home ConditionFair
Features
Good View: Hills
Deck
Patio
ViewHills

About this home

We found 3 Cons,5 Pros. Rank: price - $574.9K(21th), sqft - 2216(59th), beds - 4(62th), baths - 3(50th).

Canyon Lake home with 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 ALLASPECTS OF THE PROPERTY. HOME IS BEING SOLD IN ITS CURRENT AS-IS CONDITION WITH NO REPAIRS.(INLCLUDING APPLIANCES THAT ARE CURRENTLY LOCATED AT THE PROPERTY). SELLER HAS NO KNOWLEDGE OF THEIR CONDITION. SELLER MAKES NO WARRANTIES EXPRESSED OR IMPLIED AS TO ITS CONDITION.

Price History

Date
Event
Price
12/07/25
Price Change
$574,900-2.5%
11/06/25
Price Change
$589,900-3.3%
10/08/25
Price Change
$609,900-4.7%
09/12/25
Listing
$639,900
Condition Rating
Fair
The property, built in 1979, is 45 years old. While it benefits from significant recent upgrades such as owned solar, a new AC unit, and new carpeting downstairs, many key areas like the kitchen and bathrooms show their age. The kitchen features granite counters, which is a positive update, but the cabinets appear dated, and the black appliances are older and sold 'as-is.' Bathrooms also exhibit older vanities, fixtures, and tiling. The light fixtures throughout the main living areas are outdated. The home is functional and has been maintained with some important system updates, but it requires minor renovations to modernize the kitchen and bathrooms, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Energy Efficiency & Recent Upgrades: The property benefits from owned solar panels, a new AC unit, and a whole house fan, significantly enhancing energy efficiency and comfort. New carpeting downstairs further reduces immediate buyer expenses.
Comprehensive Community Amenities: Located within the controlled-access Canyon Lake community, residents enjoy a wealth of amenities including a lake, private beach, golf course, equestrian center, tennis courts, and a clubhouse.
Updated Interior Features: The main level showcases attractive wood flooring, and the kitchen is equipped with granite counters, providing a modern and appealing living space.
Scenic Hillside Views: A covered balcony offers pleasant hillside views, creating an inviting outdoor space for relaxation and enjoyment.
Value Opportunity: Multiple price reductions from the original list price suggest a motivated seller and present a potential value opportunity for prospective buyers.

Cons

As-Is Sale Condition: The property is explicitly sold 'as-is' with no repairs, including appliances, transferring all responsibility for potential defects or necessary upgrades to the buyer.
Age of Property: Despite some recent updates, the 1979 construction year implies that various systems and components may be original and could require future maintenance or replacement.
Significant Monthly Association Fees: A mandatory monthly association fee of $330 adds a substantial recurring cost to homeownership, which should be factored into the buyer's budget.

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