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22658 Canyon Lake Drive N, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath

22658 Canyon Lake Drive N, Canyon Lake, California 92587 home-pic-0
ACTIVE$535,000
22658 Canyon Lake Drive N, Canyon Lake, California 92587
3Beds
2Baths
1,394Sqft
7,841Lot
Year Built
1983
Close
-
List price
$535K
Original List price
$580K
Price/Sqft
$384
HOA
$350
Days on market
-
Sold On
-
MLS number
IG25195616
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,6 Pros. Rank: price - $535.0K(15th), sqft - 1394(17th), beds - 3(50th), baths - 2(50th).

Another Price Improvement!! Reap the rewards of automatic built-in equity! This 3-bedroom, 2-bath family home is located within walking distance to all community amenities! In the kitchen you will find granite countertops, stainless steel appliances, recessed lighting, and a spacious layout. There are three sliding doors that lead to the backyard providing both convenience and functionality. In the living room there is a fireplace and a built-in cabinet perfect for storage. The large lot is fully fenced with block walls, includes two storage sheds, and offers a covered wood patio with a fan and has a stained concrete slab perfect for entertaining! The highlight's of the property is the PAID-OFF SOLAR , a whole house fan, and the Newly Upgraded PEX PIPE plumbing throughout, providing efficiency and peace of mind. The home offers an excellent opportunity to add your own updates and personal touch! This property is part of a private, 24/7 gated community, and offers a 524-acre lake for boating, water skiing, sailing, and fishing. Additional HOA amenities include pools, clubhouse, tennis, pickleball, equestrian center, SCGA-rated golf course, four beaches, nine parks, amphitheater, and more than 40 community clubs. You will love holidays in this community with year round parades for all occasions! Enjoy the benefits of LOW TAX RATE and NO MELLO ROOS! Perfect home for first time buyer's! Don't wait to see this one!

Price History

Date
Event
Price
12/12/25
Price Change
$535,000-1.8%
11/11/25
Price Change
$545,000-1.8%
10/31/25
Price Change
$555,000-0.9%
09/19/25
Price Change
$560,000-1.8%
09/13/25
Price Change
$570,000-1.7%
08/30/25
Listing
$580,000
Condition Rating
Fair
The property, built in 1983, has received significant functional upgrades such as paid-off solar, newly upgraded PEX plumbing, and a whole house fan, which are excellent for long-term maintenance and efficiency. The kitchen features modern stainless steel appliances, granite countertops, and recessed lighting, but the wood cabinets appear original and dated. Bathrooms show signs of being outdated with older vanities, tile, and shower enclosures, despite updated faucets. Flooring includes hardwood-look laminate in main areas and dated carpets in bedrooms. While major systems are functional and recently improved, the overall aesthetic and several key components (kitchen cabinets, bathroom fixtures, carpets) are dated, indicating that the home is aged but maintained, requiring minor updates and personalization as noted in the description.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1394.
Extensive Community Amenities & Gated Security: The property is part of a private, 24/7 gated community offering a 524-acre lake for various water sports, along with pools, clubhouse, tennis, pickleball, equestrian center, golf course, multiple beaches, parks, and over 40 community clubs, providing a rich lifestyle.
Significant Upgrades & Efficiency: Key upgrades include paid-off solar panels, newly upgraded PEX pipe plumbing throughout, and a whole house fan, contributing to energy efficiency, reduced utility costs, and long-term peace of mind.
Favorable Tax Conditions: Buyers benefit from a low tax rate and no Mello Roos, significantly reducing the overall cost of homeownership compared to many other communities.
Updated Kitchen: The kitchen features granite countertops, stainless steel appliances, recessed lighting, and a spacious layout, offering a modern and functional space for cooking and entertaining.
Large, Fenced Backyard with Entertainment Space: The property boasts a large, fully fenced lot with block walls, two storage sheds, and a covered wood patio with a fan and stained concrete slab, ideal for outdoor living and entertaining.

Cons

Requires Updates/Personalization: The description notes an 'opportunity to add your own updates and personal touch,' indicating that while some areas are updated, other parts of the home may require additional cosmetic or functional improvements, incurring further costs for the buyer.
High HOA Fee: The monthly association fee of $350, while providing access to extensive amenities, represents a significant recurring cost that could impact a buyer's budget and overall affordability.
Multiple Price Reductions: The property has undergone several price improvements, dropping from an original list price of $580,000 to $535,000, which may suggest initial overpricing or an extended market time, potentially signaling buyer resistance.

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