22862 Calcutta Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 3 bath
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Canyon Lake, California 92587
This Versatile Single-Story Residence is listed at $695,000, positioned well below the $708,647 Fair Market Value by 1%. This valuation gap offers $13,647 in Instant Equity for buyers. Boasting a Condition Rating of 3, the home is move-in ready with solar panels, travertine flooring, and a unique multi-generational layout featuring two primary suites and a private "East Wing." Located in the gated Canyon Lake community with a Golf Course View and access to the Lake Elsinore Unified district, it offers a premium resort lifestyle. This property is the premier choice for multi-generational families or Owner-Occupants seeking a home-office sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22862 Calcutta Drive Subject | $695,000* List Price | 3 | 3 | 1,975 | $359 | - |
A 23138 Blue Bird Drive Sold | $849,500 | 3 | 3 | 2,094 | $406 | 0.3 mi |
B 23268 Sage Sold | $610,000 | 3 | 3 | 1,622 | $376 | 0.5 mi |
C 22511 Cascade Sold | $754,900 | 3 | 3 | 2,168 | $348 | 0.8 mi |
D 23619 Continental Sold | $649,000 | 3 | 2 | 1,866 | $348 | 0.8 mi |
E 30649 Sea Horse Sold | $700,000 | 3 | 2 | 1,624 | $431 | 0.7 mi |
F 30820 Early Round Sold | $599,500 | 3 | 2 | 1,408 | $426 | 0.2 mi |
G 30712 Pyramid Point Active | $599,000 List Price | 3 | 2 | 1,802 | $332 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant upgrades such as solar panels, travertine flooring, and stainless steel kitchen appliances. While the home was built in 1981 and some elements like the tile countertops and cabinetry in the kitchen and bathrooms reflect older styling, the overall condition is clean with no immediate renovations required.
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 = 1975.
The home features a unique floor plan with two primary suites and a dedicated 'East Wing,' making it ideal for multi-generational living, dual home offices, or a private guest retreat.
Located on a quiet street with direct access to the 9th hole and proximity to the water, the property offers a premium lifestyle with RV/boat parking and full access to Canyon Lake's resort-style amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1975, other record living area = 2475. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Built in 1981, the property may require updates to original mechanical systems or cosmetic refreshments to align with modern luxury standards throughout the entire home.
The $356 monthly association fee represents a significant recurring expense that may impact the overall affordability for buyers compared to non-gated communities.
Wonderful One-Story (With Solar!) 5 bedroom/3 bath Canyon Lake home offering 2 Primary bdrms w/ attached bathrooms! Plus the Spacious East Wing! Ideal for your home business (His and Hers offices!), multi-generational living, or home schooling, a private suite staying close to the heart of the home, or a community gathering place in the bright retreat leading to the covered patio and outside living space which is lush, private and quiet. Home boasts of an open family room with fireplace, custom kitchen that opens up to the dining area and direct access to the garage (Perfect for your family gatherings and company mixers); and travertine flooring throughout, ceiling fans in all rooms, front yard has low maintenance, water-wise landscaping. It's nestled in a quiet street close to the 9th Hole with golf course access! Minutes from the main gate. RV or boat parking available; located minutes from the water, parks, club house; learn more about Canyon Lake and do a 360 tour of the all the amenities on the Canyon Lake POA website. Cut out the commute, have more time with the family, come home to Calcutta. Showings start 3/14/2026!
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 | 1,975 | 2,205.5 | 40% |
| Lot Size | 8,712 | 7,841 | 60% |
| Price | $695.0K | $687.5K | 51% |
| Price per sq ft | $352 | $349 | 51% |
| Built year | 1981 | 1986 | 31% |
| HOA | $356.0 | $350 | 82% |
| Days on market | 55 | 189 | 2% |
Feb 26, 2026
$695,000
Initial Listing
Nov 15, 2017
$360,000
Public Record
May 11, 2010
$226,500
Public Record
Mar 29, 2002
$172,000
Public Record
Oct 15, 1999
$135,000
Public Record