
Canyon Lake, California 92587
This Stunning Waterfront Sanctuary is a Strong Value Opportunity, listed at $1,450,000—positioned well above the $1,365,479 Fair Market Value by -6%. While priced at a premium, the property features a Mint Condition Rating with a 15 kW Paid-Off Solar System, a Brand New Dock, and a rare 4-Car Garage. Located in the guard-gated Canyon Lake community, this home offers a resort-style lifestyle with panoramic lake views. It is an ideal acquisition for Luxury Homebuyers or Waterfront Enthusiasts seeking a turnkey, high-efficiency retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22561 Bass Subject | $1,450,000* List Price | 4 | 4 | 2,630 | $519 | - |
A 22344 Whirlaway Court Sold | $1,160,000 | 3 | 3 | 2,337 | $496 | 0.4 mi |
B 22616 Canyon Club Drive Sold | $1,224,999 | 4 | 3 | 3,060 | $400 | 0.9 mi |
C 29800 Redwood Drive Active | $1,199,000 List Price | 3 | 3 | 2,536 | $473 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2000, the home has undergone a high-end remodel within the last 5 years. The kitchen is fully modernized with quartz waterfall countertops and custom cabinetry. Major systems are superior, featuring a brand-new dock and a massive 15 kW paid-off solar system. The interior shows mint-condition flooring and finishes, requiring no immediate maintenance.
The property includes a massive 15 kW solar system that will be fully paid off at closing, providing significant energy savings and the benefit of grandfathered NEM 2.0 rates.
Located just four houses from the Main Lake, this waterfront home comes with approved plans for a new U-shaped dock, offering an immediate value-add for lake enthusiasts.
The rare four-car garage configuration, featuring two separate two-car garages, provides exceptional space for vehicles, watercraft, and recreational equipment.
With 74 days on the market, the property may be experiencing pricing resistance or a slower absorption rate relative to the current local market velocity.
While the lot can accommodate a pool, the 6,970 sqft footprint is heavily utilized by the large home and dual garages, leaving restricted space for traditional landscaping or play areas.
PAID SOLAR AND A BRAND NEW DOCK????? YES!!!!! You read that correctly.... Don't forget that this spectacular, beautifully remodeled home is 4 houses down from the Main Lake and boasts two 2-car garages.... Located in the guard-gated community of Canyon Lake, this beautifully updated 4-bedroom, 3-bathroom home offers exceptional lake living just a few homes off the main lake. The property features a highly sought-after floor plan, including a main-level en-suite bedroom—ideal for guests or multi-generational living. The remodeled kitchen is a standout, showcasing high-end appliances, custom cabinetry, and an expansive quartz island with ample seating, perfect for both everyday living and entertaining. The open-concept design flows seamlessly into the main living areas, filled with natural light and designed to capture the surrounding views. Buyer to assume solar lease. Upstairs, each bedroom offers direct access to a shared balcony, creating a unique indoor-outdoor connection and an inviting retreat for family or guests. Car enthusiasts and those needing extra storage will appreciate the rare 4-car garage configuration, featuring two separate 2-car garages. Situated on the waterfront, this home includes plans for a U-shaped dock that have already been approved by the POA and are ready for construction, offering a fantastic opportunity to customize your lakefront experience. There is room for a pool!! Enjoy all the amenities Canyon Lake has to offer, including private lake access, boating, golf, parks, and a true resort-style lifestyle. 15 kW solar system featuring 37 high-efficiency 425W panels, producing approximately 18,000 kWh annually. Property benefits from grandfathered Southern California Edison NEM 2.0 (Net Energy Metering 2.0) with favorable 1:1 credit, reducing the need for battery storage. System includes Enphase Energy and Maxeon Solar Technologies components, a 25-year system warranty, and panels with a 40-year manufacturer warranty. Estimated production supports typical household usage, including electric vehicle charging. Significant value-add to the property. SOLAR WILL BE PAID OFF AT COE.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,630 | 2,648 |
| Lot Size | 6,970 | 7,405 |
| Price | $1.45M | $763.2K |
| Price per sq ft | $551 | $356 |
| Built year | 2000 | 1984 |
| HOA | $360.0 | $350 |
| Days on market | 96 | 84 |
Apr 17, 2026
$1,450,000
Initial Listing
Sep 23, 2022
$1,165,000
Public Record