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

22883 Calcutta Drive
Canyon Lake, California 92587
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22883 Calcutta Drive Subject | $1,525,000* List Price | 4 | 4 | 3,800 | $401 | - |
A 22590 Canyon Lake Drive South Sold | $1,675,000 | 5 | 3 | 3,377 | $496 | 0.3 mi |
B 22387 Canyon Club Drive Sold | $1,489,600 | 3 | 3 | 4,267 | $349 | 0.6 mi |
C 29795 Eagle Point Drive Active | $1,590,000 List Price | 5 | 4 | 3,778 | $421 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 3,800 | 2,213 | 94% |
| Lot Size | 15,246 | 8,276 | 94% |
| Price | $1.52M | $685.0K | 94% |
| Price per sq ft | $401 | $349 | 73% |
| Built year | 1976 | 1987 | 15% |
| HOA | $670.0 | $350 | 99% |
| Days on market | 119 | 189 | 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


































