
Canyon Lake, California 92587
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $605,000—positioned well below the $628,772 Fair Market Value by 3%. This valuation gap offers $23,772 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a remodeled kitchen and modern finishes, this home offers a resort-style lifestyle in Canyon Lake. With RV parking and hillside views, it provides both utility and comfort. This is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24048 Cruise Circle Subject | $605,000* List Price | 3 | 2 | 1,754 | $358 | - |
A 30550 Cinnamon Teal Sold | $590,000 | 3 | 2 | 1,643 | $359 | 0.3 mi |
B 24064 Cruise Circle Sold | $620,000 | 3 | 2 | 1,734 | $358 | 0.0 mi |
C 30998 Emperor Sold | $580,000 | 3 | 2 | 1,766 | $328 | 0.6 mi |
D 23417 Continental Sold | $665,000 | 3 | 2 | 1,773 | $375 | 0.6 mi |
E 23675 Continental Drive Sold | $619,000 | 3 | 2 | 1,476 | $419 | 0.3 mi |
F 30712 Pyramid Point Sold | $575,000 | 3 | 2 | 1,802 | $319 | 1.0 mi |
G 30817 Long Point Sold | $580,000 | 3 | 2 | 1,866 | $311 | 0.8 mi |
H 30698 Long Point Sold | $597,675 | 3 | 2 | 1,825 | $327 | 0.7 mi |
I 30446 S Fork Pending | $669,999 List Price | 3 | 2 | 1,920 | $349 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1979, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets, quartz-style countertops, and subway tile, along with updated bathrooms and flooring throughout. It is in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1754.
The home features a fully remodeled kitchen with white shaker cabinetry and stainless steel appliances, complemented by updated flooring and a floor-to-ceiling stone fireplace, making it move-in ready.
Located in the exclusive Canyon Lake gated community, residents gain access to a private 384-acre lake, golf course, equestrian facilities, and various sports courts, offering a unique lifestyle.
Originally constructed in 1979, the home may require more ongoing maintenance for aging structural systems compared to newer constructions in the region.
The $350 monthly association fee adds a significant fixed expense to the cost of ownership, which may impact the overall affordability for budget-conscious buyers.
Welcome to 24048 Cruise Circle Drive, a beautifully upgraded single-story home situated on one of Canyon Lake's most established streets. Offering 3 bedrooms, 2 bathrooms, RV parking, and 1,754 square feet of move-in ready living space, this home combines modern updates, generous living spaces, and the resort-style lifestyle Canyon Lake is known for. At the heart of the home is a spacious great room anchored by a floor-to-ceiling stone fireplace that adds warmth, character, and a true sense of home. Natural light pours through large windows, while updated flooring flows throughout the main living areas, creating a bright and inviting atmosphere. The remodeled kitchen features white shaker cabinetry, updated countertops, a classic subway tile backsplash, stainless steel appliances, and ample storage. Designed with both functionality and entertaining in mind, it opens seamlessly to the dining and living spaces for effortless everyday living. The oversized primary suite offers a private retreat with direct backyard access, while the secondary bedrooms provide flexibility for family, guests, or a home office. Updated bathrooms and thoughtful improvements throughout reflect the pride of ownership found in every corner of the home. Step outside to an elevated backyard setting with room to entertain, relax, and create your ideal outdoor space. Whether you envision a pool, outdoor kitchen, garden, or future view deck, the possibilities are endless. Enjoy peaceful hillside and neighborhood views while taking advantage of the privacy and space this lot provides. Additional features include RV parking, a fully enclosed patio offering flexible bonus space, and a whole-house water purification system that adds comfort and convenience to everyday living. Beyond the home, Canyon Lake offers a lifestyle unlike any other. Residents enjoy access to a private 384-acre lake with boating, waterskiing, fishing, paddleboarding, waterfront parks and beaches, pickleball and tennis courts, an 18-hole golf course, equestrian facilities, community pools, restaurants, year-round events, and golf-cart-friendly streets. Whether you're looking for your primary residence, a weekend retreat, or simply a better way of life, 24048 Cruise Circle Drive offers the opportunity to enjoy everything that makes Canyon Lake one of Southern California's most desirable gated communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,754 | 2,648 |
| Lot Size | 8,712 | 7,405 |
| Price | $605.0K | $763.2K |
| Price per sq ft | $345 | $356 |
| Built year | 1979 | 1984 |
| HOA | $350.0 | $350 |
| Days on market | 28 | 84 |
Jul 5, 2026
$605,000
$615,000
-2% Price Drop
Initial Listing
Jun 24, 2026
$6,115,000
Initial Listing
Jun 24, 2026
$615,000
Initial Listing
Mar 30, 2022
$627,000
Public Record
Dec 15, 2020
$410,000
Public Record
Aug 2, 2011
$139,500
Public Record