
Canyon Lake, California 92587
Analysis of 27781 Cold Springs Road, Canyon Lake, California 92587 is currently available with a list price of $822,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1978, this property is over 45 years old and retains many dated features including popcorn ceilings and an original stone fireplace. While the flooring appears to have been updated and the open floor plan is functional, the overall aesthetic and age of the systems likely require modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 51400, living area = 2346.
Situated on over a full acre, the property features a massive barn with three roll-up doors and a huge workshop, providing unparalleled storage capacity for RVs, boats, and multiple vehicles.
The residence offers a desirable ranch-style open floor plan anchored by an oversized family room with beautiful vaulted beam ceilings, creating a spacious and high-end feel.
Built in 1978, the home may require significant cosmetic updates and modernization of major systems to meet contemporary energy efficiency and design standards.
There is a conflict between the official data (3 beds/2 baths) and the marketing description (4 beds/2.75 baths), which could present challenges during the appraisal or permitting verification process.
Must See! Large Ranch Style 4BR/2.75BA with Open Floor Plan on Over 1 Full Acre! Beautiful Vaulted Beam Ceiling in Over-Size family Room. Huge Workshoip & Storage Garage and a very large barn with 3 rollup doors wich provides endless covered parking option for every toy from multiple cars to RV's, horse trailer, storage, or any other storage need. Mature trees surround the property for an abundance of natural shade This property will be a wonderful home for many generartions to come
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 | 2.5 | 50% |
| Square foot | 2,346 | 2,201 | 60% |
| Lot Size | 51,400 | 8,276 | 96% |
| Price | $822.0K | $697.5K | 64% |
| Price per sq ft | $350 | $349 | 52% |
| Built year | 1978 | 1986 | 22% |
| HOA | $0 | $350 | 16% |
| Days on market | 19 | 153 | 3% |
May 18, 2026
$822,000
Initial Listing
Apr 19, 2023
$675,000
Public Record
Nov 8, 2016
$325,000
Public Record
Jun 4, 1999
$205,000
Public Record