23509 Cutter Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath
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Canyon Lake, California 92587
This Highly Updated Resort-Style Residence is listed at $674,900, representing a stable and fair valuation relative to its $664,478 Fair Market Value. Boasting an Excellent Condition Rating following extensive high-end renovations, the home features a premium granite kitchen with mother-of-pearl backsplashes, vaulted ceilings, and a Tesla charger. The oversized corner lot provides RV potential and a private backyard with a louvered pergola. Located in the secure Canyon Lake gated community within the Lake Elsinore Unified district, this turnkey property is ideal for Owner-Occupants or lifestyle-driven buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23509 Cutter Drive Subject | $674,900* List Price | 3 | 2 | 1,470 | $452 | - |
A 29871 Sloop Drive Sold | $515,000 | 3 | 2 | 1,248 | $413 | 0.0 mi |
B 22658 Canyon Lake Drive N Sold | $540,000 | 3 | 2 | 1,394 | $387 | 0.8 mi |
C 23268 Sage Sold | $610,000 | 3 | 3 | 1,622 | $376 | 0.4 mi |
D 30649 Sea Horse Sold | $700,000 | 3 | 2 | 1,624 | $431 | 0.3 mi |
E 23825 S Canyon Lake Drive Sold | $665,000 | 3 | 2 | 1,630 | $408 | 0.3 mi |
F 23633 Fair Weather Active | $686,000 List Price | 3 | 2 | 1,372 | $500 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone extensive high-end renovations within the last 5 years. It features a modern kitchen with premium marble and mother-of-pearl backsplashes, waterfall granite countertops, and stainless steel appliances. The home includes updated bathrooms, contemporary flooring, vaulted ceilings with modern light fixtures, and upgraded systems such as a newer HVAC, water heater, and a Tesla charger, meeting current luxury standards with no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1470.
The home features high-end finishes including marble and mother-of-pearl backsplashes, custom wrought iron doors, a Tesla charger, and a newer HVAC system, offering a move-in-ready experience.
Located in the exclusive Canyon Lake gated community, residents benefit from 24-hour security and access to a private lake, lodge, golf course, tennis courts, and equestrian facilities.
Despite extensive cosmetic updates, the property was built in 1979, which may mean some original structural elements or plumbing/electrical components are nearing the end of their lifespan.
The $365 monthly association fee represents a significant recurring cost that buyers must factor into their total monthly carrying costs.
SINGLE STORY | GATED COMMUNITY | CORNER POOL-SIZED LOT | HIGHLY UPDATED | RV POTENTIAL | PRIDE OF OWNERSHIP!! - Welcome to this beautifully updated corner-lot residence where elevated design meets the relaxed luxury of Canyon Lake living. From the moment you arrive, a custom architectural driveway with concrete and pebble detailing sets the tone, leading to custom wrought iron front doors with operable glass panels—allowing fresh air flow while maintaining privacy and security. Inside, vaulted ceilings and natural light create an open, inviting feel, complemented by thoughtfully curated finishes throughout. The kitchen is a true standout, featuring granite countertops, stainless steel appliances, expanded cabinetry, and a custom marble and genuine mother-of-pearl backsplash that adds both texture and sophistication. It flows seamlessly into the breakfast nook with a cozy fireplace and direct access to the backyard, creating an effortless indoor-outdoor connection. The home offers 3 bedrooms and 2 bathrooms, including a primary suite with a walk-in closet, while the bathrooms have been tastefully updated with real marble backsplash finishes, continuing the home’s cohesive, high-end material palette. Step outside to a lush, private backyard designed for both relaxation and entertaining, featuring two patio areas—one off the kitchen and a larger space off the living room with a covered pergola with adjustable louvers for customizable light, shade, and weather protection. The pool-sized corner lot also offers RV potential, along with vinyl fencing and block wall privacy. Additional highlights include a Tesla charger in the garage, upgraded garage flooring with a full-size screen door, newer HVAC system and water heater, ADT security with Ring doorbell, and washer and dryer included. Residents have exclusive access to the iconic Canyon Lake Lodge with the famous Lighthouse restaurant & bar, a stunning swimming pool, and multiple parks, sandy beaches, an 18-hole golf course, tennis and pickleball courts, equestrian facilities, a pump track and the list goes on! Homeowners particularly value the 24-hour manned security gates and the sense of safety and serenity that comes with this resort-style community. With its blend of active recreation and peaceful retreat, it is a premier destination for those seeking a tight-knit, vacation-like atmosphere every single day.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 50% |
| Square foot | 1,470 | 2,213 | 17% |
| Lot Size | 8,276 | 7,841 | 51% |
| Price | $674.9K | $685.0K | 46% |
| Price per sq ft | $459 | $349 | 85% |
| Built year | 1979 | 1986 | 25% |
| HOA | $365.0 | $350 | 94% |
| Days on market | 28 | 188 | 2% |
Mar 27, 2026
$674,900
Initial Listing
Dec 26, 2008
$185,000
Public Record
Jun 28, 2001
$125,000
Public Record