22568 Castle Crag Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath

22568 Castle Crag Drive, Canyon Lake, California 92587 home-pic-0

22568 Castle Crag Drive

Canyon Lake, California 92587

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,785Sq Ft
6,969Lot Size

Property Price

LIST PRICE$625,000
EST. MARKET VALUE
$587,631
6% AboveMARKET VALUE

SUMMARY

Analysis of 22568 Castle Crag Drive, Canyon Lake, California 92587 reveals a property with a current list price of $625,000, which is 6% above the estimated $587,631 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Canyon Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$587,631
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
22568 Castle Crag Drive
Subject
$625,000*
List Price
321,785$329-
A
22658 Canyon Lake Drive N
Sold
$540,000321,394$3870.3 mi
B
29698 Vacation Drive
Sold
$550,000321,708$3220.2 mi
C
30846 Early Round Drive
Sold
$655,000432,137$3070.9 mi
D
29117 Big Range Road
Sold
$695,000321,604$4330.7 mi
E
30471 Caliente Place
Sold
$670,000322,241$2990.8 mi
F
23593 Schooner Drive
Sold
$600,000321,653$3631.0 mi
G
22587 Canyon Lake Drive S
Active
$619,000
List Price
321,729$3580.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite being built in 1972, this property has undergone extensive and recent renovations, making it move-in ready. Key updates include a full repipe approximately one year ago, newer A/C, water heater, exterior paint, garage door, and several windows. The kitchen features modern dark wood cabinetry, granite countertops, a large center island with pendant lighting, and newer stainless steel appliances, all in excellent condition. The master bathroom also boasts updated vanities with granite and a modern shower enclosure. While the guest bathroom appears functional and clean, it's not as extensively updated as the kitchen or master. The vinyl plank flooring, fresh interior paint, and recessed lighting throughout contribute to a contemporary and well-maintained interior. Major systems are functional and within their expected lifespan due to recent replacements, aligning perfectly with the 'Good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Recent Upgrades

    The property boasts numerous recent improvements including newer exterior paint, garage door and opener, A/C, large water heater, dishwasher, range, updated windows, and a full repipe approximately one year ago, significantly enhancing its condition and reducing immediate maintenance concerns.

  • Prime Location & Privacy

    Situated at the end of a quiet cul-de-sac, the home offers enhanced privacy, safety, and ample parking, making it ideal for families and guests.

  • Access to Premium Community Amenities

    Located within the highly sought-after Canyon Lake gated community, residents enjoy exclusive access to a private lake, beaches, parks, golf course, equestrian center, and a wide array of year-round family-friendly amenities.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1785, other record living area = 2186. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.

  • Age of Construction

    Built in 1972, the property's underlying structure is over 50 years old. While many systems have been updated, some buyers may still perceive potential issues or prefer newer construction.

  • High Association Fees

    The monthly association fee of $357.0, while providing access to extensive community amenities, represents a significant ongoing cost that could impact affordability for some buyers.

About 22568 Castle Crag Drive

This charming single-level, 3-bedroom, 2-bath home is located at the end of a quiet cul-de-sac offering privacy, safety, and plenty of parking for family and guests, within the recreational gated community of Canyon Lake. Pride of ownership throughout offers an open-concept layout, fresh interior paint, vinyl flooring, fireplace, recessed lighting, and abundant natural light. The kitchen features granite countertops, a large center island with pendant lighting, and a walk-in pantry. Recent improvements include newer exterior paint, garage door and opener, A/C, large water heater, dishwasher, range, living room slider, round dining window, guest bedroom windows, and full repipe approx. one year ago. Guest bath offers a jetted tub. Large indoor laundry/service porch is perfect for the busy family. Enjoy low-maintenance yards, a huge private courtyard, and a park-like backyard with mature fruit trees plus a full-length patio cover creating the perfect setting for family gatherings, playtime, or relaxing evenings outdoors. Located in the highly sought-after Canyon Lake community, residents enjoy access to a private lake, beaches, parks, golf course, equestrian center, and year-round family-friendly amenities. This well-maintained home offers comfort, functionality, and a lifestyle that truly sets it apart.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
6,969 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$357.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
49%
Square foot1,7852,198
33%
Lot Size6,9698,276
16%
Price$625.0K$685.0K
32%
Price per sq ft$350$349
53%
Built year19721987
8%
HOA$357.0$350
83%
Days on market36189
2%

Pricing History

Listed for Sale

Jan 30, 2026

$625,000

Initial Listing

Sold

Jun 5, 2015

$285,000

Public Record

Sold

Nov 10, 2011

$179,000

Public Record

Sold

Jan 30, 2004

$389,000

Public Record

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