23256 Gray Fox Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 3 bath

23256 Gray Fox Drive, Canyon Lake, California 92587 home-pic-0
ACTIVE$2,095,000
23256 Gray Fox Drive, Canyon Lake, California 92587
3Beds
3Baths
2,312Sqft
27,443Lot
Year Built
1970
Close
-
List price
$2.1M
Original List price
$2.25M
Price/Sqft
$906
HOA
$704
Days on market
-
Sold On
-
MLS number
SW25112989
Home ConditionFair
Features
Excellent View: Harbor, Mountain(s), Panoramic, Water
Deck
Patio
ViewHarbor, Mountain(s), Panoramic, Water

About this home

We found 3 Cons,6 Pros. Rank: price - $2.10M(95th), sqft - 2312(62th), beds - 3(50th), baths - 3(50th).

Welcome to one of Canyon Lake’s most treasured properties – the second home ever built and the first lot purchased in this private lakeside community. Steeped in history and lovingly maintained by the same family for generations, this extraordinary waterfront retreat is now available for the first time. Situated on over half an acre along the serene East Bay, this beautiful exterior. remodeled 3 bed, 3 bath home offers 2,312 sq ft of comfortable living space with unmatched lake views and a rare sandy beach shoreline—a true gem for water lovers. Enjoy effortless lakefront living with a double dock, featuring dual HydroHoist lifts and a covered roof, perfect for boating and lakeside entertaining. A detached workshop provides ample space for hobbies, storage, or future customization. Tucked away on one of the most desirable and quiet streets in Canyon Lake, this home features a gated private driveway, mature landscaping, and recent renovations that blend modern comfort with timeless charm. Whether you’re looking for a peaceful weekend getaway or a legacy property to pass down through generations, 23256 Gray Fox is a once-in-a-lifetime opportunity to own a piece of Canyon Lake history. Note: This property has New roof, AC and leased transferable solar with Tesla battery back up to offset your electric bill and keep your lights on when power is out!!!

Price History

Date
Event
Price
09/09/25
Price Change
$2,095,000
05/21/25
Listing
$2,249,500
Condition Rating
Fair

While the property benefits from recent major system upgrades including a new roof, AC, and solar with Tesla battery backup, the interior finishes, particularly in the kitchen and bathrooms, appear dated. The kitchen features stainless steel appliances but the cabinet style, backsplash, and some lighting suggest an older renovation. The main bathroom vanity and overall style are reminiscent of updates from 15-30 years ago. Additionally, the presence of wood paneling and popcorn ceilings in various rooms further indicates an older aesthetic. The property is well-maintained and functional, but the interior design and fixtures show signs of being outdated, requiring minor updates to meet current quality standards.
Pros & Cons

Pros

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 = 27443, living area = 2312.
Prime Waterfront Location & Views: Situated on over half an acre along the serene East Bay, this property offers unmatched lake views and a rare sandy beach shoreline, a true gem for water lovers.
Exceptional Water Amenities: Features a double dock with dual HydroHoist lifts and a covered roof, providing superior facilities for boating and lakeside entertaining.
Historical Significance & Legacy Potential: As the second home ever built and the first lot purchased in Canyon Lake, it holds significant historical value and is presented as a 'legacy property' for generational ownership.
Modern Upgrades & Energy Efficiency: Recent renovations include a new roof, AC, and a leased transferable solar system with Tesla battery backup, offering modern comfort and reduced utility costs.
Spacious & Private Lot: The property boasts over half an acre of land, a gated private driveway, mature landscaping, and a detached workshop, ensuring privacy and ample space for various uses.

Cons

Property Age: Built in 1970, despite recent renovations, the underlying structure and some systems may still reflect its age, potentially requiring future maintenance or updates not explicitly mentioned.
High Association Fee: A monthly association fee of $704.0 is a significant recurring cost that buyers must factor into their budget, potentially impacting affordability.
Leased Solar System: While beneficial, the solar system is leased, meaning the buyer will incur ongoing lease payments rather than outright ownership benefits, and transfer terms need careful review.

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