22560 Blue Teal, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath
Loading property details...
Canyon Lake, California 92587
This Upgraded Single-Story Residence is a Strong Value Opportunity, listed at $640,000—positioned well below the $666,034 Fair Market Value by 3%. This valuation gap provides $26,034 in Instant Equity for the incoming buyer. Boasting a Mint Condition Rating, the home features a remodeled chef’s kitchen, paid-off solar, and rare RV/boat parking. Located in the gated Canyon Lake community within the Lake Elsinore Unified district, it offers a lake view and resort amenities. This is an ideal acquisition for Owner-Occupants or active families seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22560 Blue Teal Subject | $632,000* List Price | 3 | 2 | 1,924 | $333 | - |
A 22671 San Joaquin Dr. East Drive E Sold | $639,900 | 3 | 2 | 1,782 | $359 | 1.0 mi |
B 22635 Canyon Lake S Sold | $685,000 | 4 | 3 | 2,280 | $300 | 0.3 mi |
C 22511 Cascade Sold | $754,900 | 3 | 3 | 2,168 | $348 | 0.4 mi |
D 29731 Bonanza Place Sold | $685,000 | 3 | 2 | 2,310 | $297 | 0.5 mi |
E 30169 Gulf Stream Drive Sold | $800,000 | 4 | 3 | 2,356 | $340 | 0.7 mi |
F 22587 Canyon Lake S Active | $599,900 List Price | 3 | 2 | 1,729 | $347 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the home features a high-end recent remodel (likely <5 years) including a modern kitchen with white shaker cabinets and farmhouse sink, updated wood-look porcelain tile throughout, and a fully paid-off solar system. The property is in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1924.
The home features a fully remodeled kitchen and durable porcelain tile flooring, complemented by a fully paid-off solar system that significantly reduces monthly utility costs.
Rare for the area, this property includes a 3-car garage plus dedicated RV and boat parking, making it ideal for enthusiasts of the Canyon Lake lifestyle.
The monthly HOA fee of $350 is a recurring cost that buyers must factor into their monthly budget alongside the mortgage.
Despite modern interior cosmetic updates, the 1987 build date suggests that original major systems or structural elements may require ongoing maintenance or future capital investment.
Welcome to this beautifully upgraded single-story home offering the perfect blend of style, functionality, and everyday comfort. Featuring 3 bedrooms PLUS a dedicated office, this home provides the flexibility today’s buyers are looking for—ideal for working from home, a playroom, or even a potential 4th bedroom. Situated on a spacious lot with impressive curb appeal, the property showcases a 3-car garage, expansive driveway, and rare RV/boat parking—perfect for those who need extra space for toys, trailers, or guests. Step inside to a bright and open floor plan highlighted by vaulted ceilings and durable wood-look porcelain tile flooring throughout, offering the warmth of hardwood with exceptional longevity and low maintenance. The layout flows seamlessly between the living, dining, and kitchen areas, making it ideal for both entertaining and everyday living. The remodeled kitchen is a true standout, featuring modern white cabinetry, sleek countertops, stainless steel appliances, a large center island with bar seating, and a timeless subway tile backsplash. The inviting living room centers around a cozy fireplace and is filled with natural light, creating a warm and welcoming space to gather. The spacious bedrooms and updated bathrooms provide comfort and convenience, while the primary suite offers a relaxing retreat. Out back, enjoy a covered patio designed for year-round use, perfect for entertaining or unwinding. The yard is low maintenance with plenty of usable space and added storage potential. One of the most valuable features of this home is the fully paid-off solar system, helping significantly reduce energy costs and providing long-term savings. With its modern upgrades, flexible layout, durable finishes, ample parking, and energy efficiency, this home truly stands out and is move-in ready. Canyon Lake offers a 1.1% tax base with no Mello Roos, 384 acre waterski/fishing lake, 16 parks most with beaches and playset, basketball courts, baseball fields, tennis & pickle ball courts, equestrian center, 18 hole golf course, pools, dog park, golf cart friendly streets, slalom course, ski jump, restaurants, community events and so much more!!! Whether you’re looking for a full-time residence or a weekend retreat, this centrally located, single-story home is a fantastic opportunity to enjoy the Canyon Lake lifestyle
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,924 | 2,189 | 43% |
| Lot Size | 8,712 | 8,276 | 57% |
| Price | $632.0K | $692.0K | 37% |
| Price per sq ft | $328 | $348 | 38% |
| Built year | 1987 | 1986 | 52% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 44 | 152 | 4% |
May 10, 2026
$632,000
$640,000
-1% Price Drop
Initial Listing
Apr 23, 2026
$640,000
Initial Listing
Aug 15, 2019
$419,000
Public Record
Feb 28, 2012
$241,000
Public Record