29392 Big Range, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 3 bath
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Canyon Lake, California 92587
This Waterfront Residential Property is a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,476,913 Fair Market Value by 5%. This valuation gap offers $77,913 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a Granite Kitchen and a versatile Studio Casita. With Panoramic Lake Views and a unique retro-chic aesthetic, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium waterfront lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29392 Big Range Subject | $1,399,000* List Price | 4 | 3 | 1,792 | $824 | - |
A 22386 Whirlaway Active | $1,500,000 List Price | 3 | 3 | 1,764 | $850 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1976, the property is well-maintained and functional. It features an upgraded kitchen with granite countertops and stainless steel appliances, along with a recently remodeled primary bathroom. The home is move-in ready and benefits from a separate studio casita, though it retains some dated 'retro chic' architectural elements.
Situated on a large main lake lot, the property offers rare panoramic views of Canyon Lake and the mountains, providing a premium boating lifestyle and high land value.
The inclusion of a completely separate studio casita provides significant flexibility for multi-generational living, a private home office, or potential rental income opportunities.
The home features a unique 'retro chic' 1970s aesthetic with vaulted wood beam ceilings and a signature entertaining bar, offering a distinct personality that stands out from standard modern builds.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With a list price of $1,399,000 for 1,792 square feet, the property commands a premium price point that may challenge buyers looking for more interior living space.
Originally built in 1976, the property may require ongoing maintenance or updates to original structural and mechanical systems despite the cosmetic interior remodels.
Welcome to one of Canyon Lake’s most unforgettable waterfront retreats. Situated on a huge main lake lot with panoramic views of Canyon Lake's vibrant boating lifestyle, this unique property offers the perfect blend of charm, character, and entertaining space. The single story main residence features 3 bedrooms and 2 bathrooms, with a spacious great room designed to maximize stunning lake views. The upgraded kitchen overlooks the water, making meal preparation and hosting a true pleasure. Large guest bedrooms provide comfort and flexibility, while the private primary suite serves as a peaceful retreat complete with a cozy fireplace, walk in closet, French doors leading to a tranquil fountain courtyard, and a beautifully remodeled bathroom featuring upgraded tile and a classic clawfoot soaking tub. Adding incredible versatility, the property includes a completely separate studio casita located downstairs, ideal for guests, extended family, a home office, or potential rental opportunities. From the moment you arrive through the lush garden entry, you'll appreciate the home's distinctive retro chic 1970s vibe, highlighted by warm wood beam ceilings that add timeless character and architectural charm. At its heart is a signature entertaining bar that has served as the centerpiece of countless celebrations over the years. Designed for gathering, the expansive waterfront backyard has hosted everything from elegant garden parties to sunset soirées, creating a setting where memories are made. Additional features include a 2 car garage, mature landscaping, multiple outdoor entertaining spaces, and one of the most desirable locations on Canyon Lake's main lake. Whether you're looking for a waterfront sanctuary, an entertainer's dream, or a home filled with personality and charm, this exceptional Canyon Lake property offers a lifestyle unlike any other.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,792 | 2,189 | 36% |
| Lot Size | 6,534 | 8,276 | 12% |
| Price | $1.40M | $695.0K | 95% |
| Price per sq ft | $781 | $348 | 98% |
| Built year | 1976 | 1986 | 17% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 5 | 152 | 3% |
Jun 1, 2026
$1,399,000
Initial Listing