28856 Yosemite, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 4 bath

28856 Yosemite, Canyon Lake, California 92587 home-pic-0
ACTIVE$849,000$2,968/sqft
Est. Value: $877,472
3%
BelowEstimate
28856 Yosemite, Canyon Lake, California 92587
3Beds
4Baths
2,968Sqft
10,454Lot

Price Vs. Estimate

The estimated value ($877,471.515) is $28,471.515 (3%) higher than the list price ($849,000). This property may be underpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts sweeping panoramic views of Canyon Lake, hills, and the neighborhood, offering breathtaking sunsets and significantly enhancing its desirability.
Top Cons:
High Monthly Association Fees: The property is subject to a significant monthly association fee of $355, which adds to the ongoing cost of homeownership and may deter some buyers.

Compared to the nearby listings

Price:$849.0K vs avg $685.0K (+$164,000)69%
Size:2,968 sqft vs avg 2,176 sqft78%
Price/sqft:$286 vs avg $34520%

More Insights

Built in 1991 (35 years old).
Condition: Despite being built in 1991, the property features an extensively updated kitchen with modern, high-end appliances, sleek cabinetry, and contemporary finishes. The primary bathroom has been transformed into a luxurious, spa-like retreat with a freestanding tub, large walk-in shower, and modern fixtures. These key areas, along with the outdoor BBQ kitchen and pool/spa, appear virtually new and meet current quality standards, indicating significant recent renovations that elevate the property's overall condition to excellent.
Year Built
1991
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
$286
HOA
$355
Days on market
-
Sold On
-
MLS number
SW26001195
Home ConditionExcellent
Features
Excellent View: Hills, Lake, Neighborhood, Peek-A-Boo, Pool
Deck
Pool
Spa
Patio
ViewHills, Lake, Neighborhood, Peek-A-Boo, Pool

About this home

Perched above Canyon Lake with sweeping panoramic views, this exceptional 3-bedroom, 3.75-bath home is a true entertainer’s retreat. Enjoy breathtaking sunsets from the propane-heated saltwater pool and spa, while the outdoor BBQ kitchen—complete with two large BBQs & 2 bar refrigerators—sets the stage for effortless outdoor gatherings. Inside, the updated kitchen blends style and functionality, and a spectacular 500+ bottle wine room adjacent to a dedicated billiard room creates the ultimate entertainment hub. The primary suite spans the entire back of the home, offering incredible views, a private covered balcony, and a spa-like bathroom retreat. Multiple outdoor living spaces, dramatic architecture, and resort-style amenities make this Canyon Lake home a rare find—where every day feels like a vacation.

T
Traci Hansen
Listing Agent

Price History

Date
Event
Price
07/28/23
Sold
$870,000
09/10/19
Sold
$600,000
06/21/13
Sold
$500,000
09/10/12
Sold
$555,000
Condition Rating
Excellent

Despite being built in 1991, the property features an extensively updated kitchen with modern, high-end appliances, sleek cabinetry, and contemporary finishes. The primary bathroom has been transformed into a luxurious, spa-like retreat with a freestanding tub, large walk-in shower, and modern fixtures. These key areas, along with the outdoor BBQ kitchen and pool/spa, appear virtually new and meet current quality standards, indicating significant recent renovations that elevate the property's overall condition to excellent.
Pros & Cons

Pros

Panoramic Views: The property boasts sweeping panoramic views of Canyon Lake, hills, and the neighborhood, offering breathtaking sunsets and significantly enhancing its desirability.
Entertainer's Paradise: Designed as a true entertainer's retreat, featuring a propane-heated saltwater pool/spa, a fully equipped outdoor BBQ kitchen, a 500+ bottle wine room, and a dedicated billiard room.
Updated Kitchen: The interior includes an updated kitchen that seamlessly blends modern style with high functionality, appealing to contemporary living standards.
Luxurious Primary Suite: The primary suite spans the entire back of the home, offering incredible views, a private covered balcony, and a spa-like bathroom retreat for ultimate relaxation.
Architectural Appeal & Outdoor Living: Showcases dramatic architecture and multiple thoughtfully designed outdoor living spaces, providing both aesthetic appeal and diverse areas for relaxation and gatherings.

Cons

High Monthly Association Fees: The property is subject to a significant monthly association fee of $355, which adds to the ongoing cost of homeownership and may deter some buyers.
Property Age: Built in 1991, while some areas are updated, potential buyers may have concerns about the age of other core systems or components not explicitly mentioned as renovated.
Recent Price History: Currently listed at $849,000, which is below its July 2023 sale price of $870,000, potentially raising questions about market value trends or the reason for the quick resale and price adjustment.
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