28970 Vacation, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 2 bath
28970 Vacation
Canyon Lake, California 92587
Property Price
SUMMARY
Analysis of 28970 Vacation, Canyon Lake, California 92587 reveals a property with a current list price of $649,999, which is 3% above the estimated $626,453 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28970 Vacation Subject | $649,999* List Price | 4 | 2 | 1,848 | $339 | - |
A 29172 Longhorn Drive Sold | $685,000 | 4 | 3 | 2,217 | $309 | 0.6 mi |
B 29117 Big Range Road Sold | $695,000 | 3 | 2 | 1,604 | $433 | 0.4 mi |
C 22658 Canyon Lake Drive N Sold | $540,000 | 3 | 2 | 1,394 | $387 | 0.9 mi |
D 29779 Longhorn Drive Sold | $595,000 | 3 | 2 | 1,514 | $393 | 0.9 mi |
E 22962 Giant Fir Active | $624,995 List Price | 3 | 2 | 1,863 | $335 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1988, features a recently updated kitchen with modern white cabinets, dark countertops, subway tile backsplash, and stainless steel appliances, which is a strong positive. However, the bathrooms, particularly the primary, show significant signs of being outdated with older vanities, tile countertops, and dated light fixtures. The unique, rock-like tub surround in the primary bathroom is also a very specific and dated style. While the home is well-maintained with neutral paint and a mix of flooring (carpet, tile, hardwood), the overall age and the condition/style of the bathrooms indicate that minor updates are required to meet current quality standards, aligning with a 'Fair' condition score.
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 = 7405, living area = 1848.
- Exclusive Community Amenities
Located in the highly desirable and gated Canyon Lake community, offering private lake access, boating, beaches, golf, tennis, parks, and 24-hour security for a resort-style living experience.
- Ample Parking & Storage with Solar
Features a spacious 3-car garage with abundant storage, convenient boat or RV parking, and energy-efficient solar panels, enhancing utility and reducing costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Property Age & Potential System Updates
Built in 1988, the property's age suggests that some major systems (e.g., HVAC, plumbing, electrical) may be original or require future updates, despite interior cosmetic improvements.
- High Monthly HOA Fees
The $362.0 monthly association fee is substantial and adds a significant recurring cost to homeownership, which could impact affordability for some buyers.
About 28970 Vacation
Beautiful 4-bedroom, 2-bath single-family residence located in the highly desirable and gated community of Canyon Lake. This spacious home offers a 3-car garage with abundant storage and convenient boat or RV parking and SOLAR, perfect for enjoying the lake lifestyle. Step inside to an inviting great room that seamlessly flows into a cozy family area with a fireplace and a dining space ideal for entertaining. The kitchen features a large center island, backsplash, walk-in pantry, garden window, and quality built-in appliances including a dishwasher, microwave, and range/oven. A sliding glass door leads to the fenced backyard, where you’ll find a covered patio—perfect for relaxing or hosting gatherings all year-round. The primary suite offers comfort and style with a walk-in closet, dual vanity, and a luxurious shower and soaking tub. Additional conveniences include an indoor laundry area, making daily living both easy and enjoyable. Enjoy all the exclusive Canyon Lake amenities, including private lake access, boating, beaches, golf, tennis, parks, and 24-hour security. Experience comfort, security, and resort-style living in one of Southern California’s most sought-after communities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,848 | 2,198 | 36% |
| Lot Size | 7,405 | 8,276 | 38% |
| Price | $650.0K | $685.0K | 40% |
| Price per sq ft | $352 | $349 | 53% |
| Built year | 1988 | 1987 | 51% |
| HOA | $362.0 | $350 | 91% |
| Days on market | 33 | 189 | 2% |
Pricing History
Listed for Sale
Feb 2, 2026
$649,999
Initial Listing
Sold
Nov 22, 2019
$189,500
Public Record
Sold
Nov 21, 2012
$210,000
Public Record
Sold
Jun 4, 1999
$174,000
Public Record
Sold
Nov 19, 1997
$24,000
Public Record