22883 Calcutta Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 4 bath

22883 Calcutta Drive, Canyon Lake, California 92587 home-pic-0

22883 Calcutta Drive

Canyon Lake, California 92587

ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
3,800Sq Ft
15,246Lot Size

Property Price

LIST PRICE$1,525,000
EST. MARKET VALUE
$1,525,000

SUMMARY

Analysis of 22883 Calcutta Drive, Canyon Lake, California 92587 reveals a Fairly Priced Property with a current list price of $1,525,000  aligned with the estimated $1,525,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$1,525,000
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
22883 Calcutta Drive
Subject
$1,525,000*
List Price
443,800$401-
A
22590 Canyon Lake Drive South
Sold
$1,675,000533,377$4960.3 mi
B
22387 Canyon Club Drive
Sold
$1,489,600334,267$3490.6 mi
C
29795 Eagle Point Drive
Active
$1,590,000
List Price
543,778$4210.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite being built in 1976, this property has undergone extensive and high-quality renovations, particularly in the main kitchen and living areas, which feature sleek quartz countertops, high-end stainless steel appliances, modern cabinetry, and contemporary flooring and lighting. The description highlights a 'recently updated kitchen' and 'new Tesla solar panels, new roof,' indicating significant recent investment in major systems and aesthetics. The outdoor entertainment area is also virtually new and resort-like. While some bathrooms, like the master, show a slightly older style of renovation (e.g., granite countertops), they are impeccably clean, well-maintained, and fully functional, not detracting from the overall 'virtually new' feel of the extensively updated portions of the home. The property meets current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 15246, living area = 3800.

  • Prime Golf Course Location

    The property is exceptionally situated on a prestigious golf course within the exclusive Canyon Lake community, offering desirable views and an upscale lifestyle.

  • Luxurious Outdoor Entertainment Oasis

    Designed for ultimate entertaining, the backyard features a spectacular resort-like paradise with a pristine pool, cabana, state-of-the-art barbecue area, patio with fireplace, and outdoor television.

CONSRISKS & DEFICIENCIES

  • Age of Original Construction

    Built in 1976, while extensively updated, the core structure's age may raise questions about underlying systems not explicitly mentioned as renovated.

  • High Association Fees

    The property carries a substantial monthly association fee of $670.0, which could be a significant ongoing cost for potential buyers.

  • Recent Price Adjustment

    A recent price reduction from $1,565,000 to $1,525,000 might indicate initial overpricing or market resistance, potentially affecting buyer perception.

About 22883 Calcutta Drive

Welcome to 22883 Calcutta Drive, an exquisite retreat nestled on the prestigious golf course in the exclusive Canyon Lake community. This magnificent 3,800 sq. ft. residence, set on a rare double lot, effortlessly combines sophistication and comfort with its four expansive bedrooms and three and a half luxurious bathrooms. The heart of the home, a recently updated kitchen, is a chef’s dream with sleek quartz countertops, large island that seats six, high-end stainless steel appliances, ample storage with a walk in pantry, and an elegant wet bar featuring a wine fridge and ice maker. Designed for the ultimate in entertaining, this home boasts a seamless indoor-outdoor flow through pocket doors that open to a spectacular backyard paradise. Revel in the resort-like amenities, where a pristine pool takes center stage alongside an inviting cabana. Lavish guests with culinary delights from the state-of-the-art barbecue area, while evenings promise relaxation and entertainment on the patio, complete with a cozy fireplace and outdoor television for endless enjoyment. Guests will be in complete comfort in the stand alone casita with it's own private entrance. Modern conveniences, such as new Tesla solar panels, enhance the lifestyle experience, complemented by ample parking options including a garage, guest parking, and RV parking. Additional features include a soft water system, filtered water, new roof and access to all the amenities that Canyon Lake has to offer. This exceptional property offers an unparalleled opportunity for those seeking a vibrant lifestyle of luxury and leisure.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1976
Lot Size
15,246 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$670.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
62%
Baths4.03.0
82%
Square foot3,8002,213
94%
Lot Size15,2468,276
94%
Price$1.52M$685.0K
94%
Price per sq ft$401$349
73%
Built year19761987
15%
HOA$670.0$350
99%
Days on market119189
16%

Pricing History

Listed for Sale

Feb 2, 2026

$1,525,000

$1,565,000

-3% Price Drop

Initial Listing

Price Change

Nov 8, 2025

$1,565,000

Initial Listing

Sold

Nov 5, 2020

$1,005,000

Public Record

Sold

Aug 7, 2015

$925,000

Public Record

Sold

Jun 21, 2000

$355,000

Public Record

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