
Canyon Lake, California 92587
This Panoramic Lake-View Residence is listed at $799,950, offering a unique resort lifestyle positioned alongside a $714,949 Fair Market Value. The valuation reflects the home's Condition Rating of 4 and its functional, 1990s-era finishes, yet the property justifies its premium through million-dollar lake views and the high-value inclusion of a 19ft Glastron Boat. Featuring a 600 sq. ft. primary balcony and situated within the Lake Elsinore Unified district, this home is an ideal match for lifestyle-driven buyers or Owner-Occupants seeking an immediate, asset-rich transition into the Canyon Lake community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22636 Inspiration Subject | $799,950* List Price | 3 | 3 | 2,306 | $310 | - |
A 29595 Longhorn Drive Sold | $732,000 | 3 | 2 | 2,213 | $331 | 0.7 mi |
B 22511 Cascade Sold | $754,900 | 3 | 3 | 2,168 | $348 | 0.4 mi |
C 22633 Inspiration Pt Sold | $765,000 | 4 | 3 | 2,687 | $285 | 0.0 mi |
D 22535 San Joaquin W Sold | $630,000 | 4 | 2 | 2,045 | $308 | 0.1 mi |
E 29172 Longhorn Drive Sold | $685,000 | 4 | 3 | 2,217 | $309 | 0.6 mi |
F 22138 Drover Way Pending | $849,999 List Price | 4 | 3 | 2,573 | $330 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, the home is functional but shows significant signs of being outdated. While the listing mentions some updated bathrooms and mechanical systems (A/C, water heater), the kitchen features original-style oak cabinetry and older appliances. Most notably, the carpeting throughout the living areas appears heavily worn and stained, indicating a need for immediate replacement and minor cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2306.
The property commands a 'million-dollar' panoramic view of the main lake and hills, maximized by a massive 600 sq. ft. primary suite balcony and 770 sq. ft. of covered patio space.
The inclusion of a 19ft Carlson Signature Series Glastron boat with a new engine provides an immediate and significant value-add for buyers looking to embrace the Canyon Lake resort lifestyle.
Built in 1990, the home may require ongoing maintenance of older systems not covered in recent updates, and the presence of a sump pump suggests active water management needs for the lot.
The $362 monthly association fee represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
Perched to capture one of the most breathtaking vistas in Canyon Lake, this exceptional 3-bedroom, 2.5-bath, 2,306 sq. ft. two-story home offers a truly stunning million-dollar view of the main lake, rolling hills, and unforgettable sunsets. With one bedroom conveniently located downstairs, this thoughtfully designed home blends comfort, style, and resort-style living. This spacious home includes one downstairs bedroom, soaring 12-foot ceilings in the living room, a marble fireplace, and a family room/kitchen combo with a cozy wood-burning fireplace. Enjoy outdoor living with 770 sq. ft. of covered patio space perfect for entertaining, plus a 600 sq. ft. Balcony/Deck off the oversized primary suite with incredible lake views. Beautiful award-winning landscaping and custom stained-glass entry add to the charm. Recent upgrades include a new water heater, sump pump, upstairs A/C unit, renovated balcony/railings, updated bathrooms, and whole-home soft water filtration system. As an incredible bonus: Included with the purchase is a 19ft Carlson Signature Series Glastron Boat featuring a new engine and trailer—your ticket to enjoying the Canyon Lake lifestyle in true James Bond style.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,306 | 2,213 | 60% |
| Lot Size | 10,454 | 7,841 | 81% |
| Price | $800.0K | $690.0K | 64% |
| Price per sq ft | $347 | $349 | 46% |
| Built year | 1990 | 1987 | 62% |
| HOA | $362.0 | $350 | 90% |
| Days on market | 6 | 190 | 1% |
Apr 16, 2026
$799,950
Initial Listing