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22986 Gray Fox Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 5 bed, 6 bath

22986 Gray Fox Drive, Canyon Lake, California 92587 home-pic-0
ACTIVE$2,895,000$6,047/sqft
Est. Value: $2,717,046
-6%
AboveEstimate
22986 Gray Fox Drive, Canyon Lake, California 92587
5Beds
6Baths
6,047Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($2,717,045.95) is $177,954.05 (6%) lower than the list price ($2,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Waterfront & Outdoor Amenities: The property boasts direct private lake access with a dock, boat lift, and beach entry, complemented by a lazy river resort-style pool, spa, and outdoor kitchen, offering unparalleled recreational and entertaining opportunities.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 6047, other record living area = 4571. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$2.90M vs avg $685.0K (+$2,210,000)98%
Size:6,047 sqft vs avg 2,176 sqft97%
Price/sqft:$479 vs avg $34887%

More Insights

Built in 2007 (19 years old).
Condition: Built in 2007, this property, while 17 years old, presents in 'excellent' condition due to its high-end, virtually new components and meticulous maintenance. The kitchen is a 'chef's dream' with an extensive suite of high-end Viking appliances, two oversized islands, and modern finishes. Bathrooms are luxurious, especially the primary suite with its soaking tub, expansive multi-head shower, and quality materials. Rich wood flooring, recessed lighting, and modern fixtures are seen throughout. The property also boasts significant upgrades like 36 owned Tesla solar panels, a private elevator, and a resort-style pool with private lake access, indicating no deferred maintenance and a commitment to current quality standards.
Year Built
2007
Close
-
List price
$2.9M
Original List price
$2.9M
Price/Sqft
$479
HOA
$350
Days on market
-
Sold On
-
MLS number
SW25282488
Home ConditionExcellent
Features
Excellent View: Lake
Deck
Pool
Spa
Patio
ViewLake

About this home

Set behind the gates of Canyon Lake, this unbelievable 5 bedroom, 5.5 bath waterfront estate is the definition of resort-style luxury—where architectural presence, scale, and lifestyle converge across 6,047 sq ft, all powered by 36 owned Tesla solar panels. Designed for both elevated everyday living and unforgettable entertaining, the home welcomes you on the mid-level through an impressive double-door entry or by one of the two attached garages. Rich wood flooring flows throughout this level, setting a warm and sophisticated tone. Highlights include a cinematic theatre room, gated wine room and private ensuite bedroom. The extraordinary kitchen, which opens to an expansive covered balcony with lake views, is truly a chef’s dream. This culinary space is impeccably appointed with high-end appliances to include a refrigerator/freezer, 4-burner cooktop with griddle, oven, two warming drawers, microwave and microwave drawer, wine cooler, beverage center, ice maker, built-in coffee system, two dishwashers, two oversized islands, prep sink and a generous walk-in pantry equipped with washer/dryer. A great room with fireplace and half bath complete this level. Ascend the grand staircase or take the private elevator to the upper level, where the luxurious primary suite serves as a true retreat, featuring a fireplace, soaking tub, walk-in shower, two private water closets, and an expansive walk-in closet with in-suite washer and dryer. This level also offers an additional ensuite bedroom and Jack-and-Jill bedrooms, thoughtfully designed for privacy and comfort. The lower level is where lakefront living truly comes to life, offering an additional room (currently used as a 6th bedroom), full bath with washer/dryer, built-in bar, and spacious open game room that flows seamlessly outdoors. Enjoy year-round entertaining with a lazy river resort-style pool and spa, outdoor kitchen, and direct access to the private lake, complete with dock, boat lift, and beach entry—a rare and coveted combination. Beyond the home, residents enjoy access to Canyon Lake’s premier amenities, including an 18-hole golf course, community restaurants, tennis and pickleball courts, skate park, equestrian center, baseball fields, and multiple parks. Description alone cannot capture the scale, craftsmanship, and lifestyle this estate offers. This is a must-see property. Please call to schedule your private showing.

K
Kara Weinraub
Listing Agent

Price History

Date
Event
Price
05/20/20
Sold
$1,325,000
04/11/03
Sold
$530,000
Condition Rating
Excellent
Built in 2007, this property, while 17 years old, presents in 'excellent' condition due to its high-end, virtually new components and meticulous maintenance. The kitchen is a 'chef's dream' with an extensive suite of high-end Viking appliances, two oversized islands, and modern finishes. Bathrooms are luxurious, especially the primary suite with its soaking tub, expansive multi-head shower, and quality materials. Rich wood flooring, recessed lighting, and modern fixtures are seen throughout. The property also boasts significant upgrades like 36 owned Tesla solar panels, a private elevator, and a resort-style pool with private lake access, indicating no deferred maintenance and a commitment to current quality standards.
Pros & Cons

Pros

Exceptional Waterfront & Outdoor Amenities: The property boasts direct private lake access with a dock, boat lift, and beach entry, complemented by a lazy river resort-style pool, spa, and outdoor kitchen, offering unparalleled recreational and entertaining opportunities.
Luxurious Interior Features: Designed for high-end living, the estate includes a cinematic theatre room, gated wine room, private elevator, and a lavish primary suite with a fireplace, soaking tub, dual water closets, and an expansive walk-in closet with in-suite laundry.
Gourmet Chef's Kitchen: The extraordinary kitchen is a culinary dream, impeccably appointed with high-end appliances, two oversized islands, a prep sink, built-in coffee system, two dishwashers, and a generous walk-in pantry with laundry.
Extensive Community Amenities: Located within the gated Canyon Lake community, residents enjoy access to premier amenities including an 18-hole golf course, restaurants, tennis, pickleball courts, an equestrian center, and multiple parks.
Energy Efficiency & Modern Comforts: Equipped with 36 owned Tesla solar panels, the home offers significant energy savings, and its 2007 build year ensures modern construction standards and features like rich wood flooring throughout.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 6047, other record living area = 4571. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
High Association Fees: The property carries a substantial monthly association fee of $350.0, which adds to the ongoing cost of homeownership.
Gated Community Restrictions: While offering security and amenities, living within a gated community often entails adherence to strict HOA rules and regulations that may limit personal property modifications or freedoms.
Limited Private Yard Space: With a 6,047 sq ft home on a 7,405 sq ft lot, the property may offer limited private green space beyond the immediate lakefront and pool areas, which some buyers might desire for a luxury estate of this size.
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