22986 Gray Fox Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 5 bed, 6 bath
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Canyon Lake, California 92587
This Luxury Waterfront Estate is listed at $2,845,000, representing a stable acquisition at its $2,845,000 Fair Market Value. Maintaining a Good Condition Rating, the 6,047 sq ft residence offers a turnkey resort lifestyle within the Lake Elsinore Unified district. High-end features include 36 owned Tesla solar panels, a private elevator, and a gourmet chef’s kitchen with professional appliances. The exterior provides a lazy river pool, spa, and private boat dock. This premier sanctuary is perfectly suited for Luxury Home Seekers and Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22986 Gray Fox Drive Subject | $2,845,000* List Price | 5 | 6 | 6,047 | $470 | - |
A 22818 Gray Fox Drive Sold | $2,200,000 | 6 | 4 | 4,458 | $493 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this luxury waterfront estate is in move-in ready condition and fits the 10-20 year age bracket for a 'good' rating. The property features high-end professional-grade kitchen appliances (Viking/Sub-Zero), dual islands with updated stone countertops, and rich hardwood flooring throughout. Significant modern upgrades include 36 owned Tesla solar panels and a private elevator. While the dark wood cabinetry and certain bathroom tile selections reflect the original construction style, the home shows exceptional maintenance with no signs of deferred maintenance or significant wear.
This estate offers an unparalleled lakefront lifestyle featuring a private dock, boat lift, beach entry, and a resort-style lazy river pool and spa.
The property is equipped with 36 owned Tesla solar panels and a private elevator, combining energy efficiency with high-end accessibility across its three levels.
A true culinary masterpiece featuring dual islands, high-end appliances, a built-in coffee system, and a walk-in pantry with dedicated laundry facilities.
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.
With over 6,000 square feet of living space and complex water features like a lazy river, the ongoing maintenance and utility costs for this estate will be significant.
Given the massive 6,047 sq ft footprint on a 7,405 sq ft lot, there is very little traditional green space or yard area remaining outside of the hardscaped pool and deck zones.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 6.0 | 3.0 | 98% |
| Square foot | 6,047 | 2,215 | 99% |
| Lot Size | 7,405 | 7,841 | 43% |
| Price | $2.85M | $687.5K | 98% |
| Price per sq ft | $470 | $349 | 88% |
| Built year | 2007 | 1987 | 89% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 102 | 189 | 20% |
Apr 2, 2026
$2,845,000
$2,895,000
-2% Price Drop
Initial Listing
Jan 10, 2026
$2,895,000
Initial Listing
May 20, 2020
$1,325,000
Public Record
Apr 11, 2003
$530,000
Public Record