23856 Outrigger, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath
23856 Outrigger
Canyon Lake, California 92587
Property Price
SUMMARY
Analysis of 23856 Outrigger, Canyon Lake, California 92587 reveals a Fairly Priced Property with a current list price of $599,995 aligned with the estimated $599,995 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 23856 Outrigger Subject | $599,995* List Price | 3 | 2 | 1,690 | $355 | - |
A 23570 Brook Drive Sold | $565,000 | 3 | 2 | 1,800 | $314 | 0.3 mi |
B 29936 Clear Water Drive Sold | $605,000 | 3 | 2 | 1,573 | $385 | 0.4 mi |
C 23825 S Canyon Lake Drive Sold | $665,000 | 3 | 2 | 1,630 | $408 | 0.2 mi |
D 23593 Schooner Drive Sold | $600,000 | 3 | 2 | 1,653 | $363 | 0.3 mi |
E 31215 Emperor Drive Sold | $690,000 | 3 | 2 | 1,918 | $360 | 1.0 mi |
F 30005 Swan Point Dr. Active Under Contract | $735,000 List Price | 3 | 2 | 1,626 | $452 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1988, this property has undergone significant and recent renovations, making it move-in ready. The kitchen features modern white shaker cabinets, granite countertops, stainless steel appliances (including a newer black stainless refrigerator), and an updated backsplash. Both bathrooms have been upgraded with modern vanities, fixtures, and tile work, particularly the primary bathroom's walk-in shower. Wood laminate flooring is consistent throughout, and dual-pane windows along with updated HVAC contribute to its good condition. While not brand new, the extensive updates appear to be within the last 5-15 years, aligning with the 'good' criteria.
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 = 10454, living area = 1690.
- Exclusive Community & Amenities
Located within a private, guarded gated community, offering access to a pool, tennis courts, basketball courts, lake, and discounted green fees at Canyon Lake Golf Course and Country Club, providing a resort-like lifestyle.
- Extensive Outdoor Entertainment Space
Features a gigantic 10,000+ sqft lot with a private backyard, covered patio, outdoor fireplace, custom brick hardscaping, built-in BBQ, and a putting green, ideal for entertaining. Also includes ample parking for RVs, boats, and other toys.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1988, despite numerous upgrades, the underlying structure and some core systems are over 35 years old, which may lead to potential maintenance considerations compared to newer constructions.
- All-Electric Appliances
The property features all-electric appliances, which might not be preferred by all buyers, particularly those who favor gas for cooking or heating, potentially influencing utility costs or personal preference.
- Recurring HOA Fees
While described as 'low,' the monthly association fee of $362.0 is a recurring cost that buyers must factor into their budget, adding to the overall cost of homeownership.
About 23856 Outrigger
YOU READY TO BE THE KING OF YOUR OWN HILL??? BEAUTIFUL MOUNTAIN VIEWS!!! WELCOME TO THE BEAUTIFUL CANYON LAKE COMMUNITY!!! THIS ELEVATED AND PRIVATE PROPERTY IS THE ENTERTAINERS DREAM HOME!!! Features Include: Private Guarded Gated Community, Gigantic 10,000+ Lot with Upgrades Galore, Private Backyard with Covered Patio and Fireplace, Custom Brick Hardscaping with Built-In BBQ along with a Putting Green, Inside There are High Cathedral Ceilings with Recessed Lighting, Scraped Ceilings, Beautiful Wood Laminate Flooring Throughout, Spacious Front Room with Cozy Fireplace, Upgraded Kitchen with Stainless Steel Appliances, Generous Dining Area, Dual Pane Windows Throughout, Ice Cold Air Conditioning and Forced Heating, Large Primary Bedroom with Attached Bathroom, Upgraded Primary Bathroom with Dual Vanity Along with a Beautiful Tile Shower, Spacious Bedrooms, Upgraded Panel Doors, Indoor Laundry Room, All Electric Appliances, Attached 2 Car Garage with Direct Access, Gigantic Driveway with Room for Cars, RV, Boats, and All the Toys, Low HOA Gives Access to Associated Pool, Tennis Courts, Basketball Courts, Lake, and Discounted Green Fees at Canyon Lake Golf Course and Country Club, Close to Everything; Lake, Shopping, Restaurants, Hiking Trails, Amenities, and Golf Course. COME AND ENJOY THE CANYON LAKE LIFESTYLE!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $362.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,690 | 2,198 | 32% |
| Lot Size | 10,454 | 8,276 | 82% |
| Price | $600.0K | $685.0K | 27% |
| Price per sq ft | $355 | $349 | 57% |
| Built year | 1988 | 1987 | 51% |
| HOA | $362.0 | $350 | 91% |
| Days on market | 80 | 189 | 11% |
Pricing History
Listed for Sale
Dec 27, 2025
$599,995
$649,900
-8% Price Drop
Initial Listing
Price Change
Dec 17, 2025
$649,900
Initial Listing
Sold
Aug 28, 2009
$150,000
Public Record
Sold
Jul 9, 2004
$370,000
Public Record
Sold
May 6, 2003
$259,000
Public Record
Sold
Dec 8, 1995
$116,000
Public Record
Sold
Aug 4, 1994
$114,500
Public Record