
Canyon Lake, California 92587
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $649,999—positioned well below the $678,615 Fair Market Value by 4%. This valuation gap offers $28,616 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen, Paid Off Solar, and a versatile floor plan. Located in the guard-gated Canyon Lake community, this property is an ideal acquisition for Owner-Occupants seeking a resort-style lifestyle or first-time buyers prioritizing energy efficiency and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29467 Stampede Subject | $649,999* List Price | 4 | 3 | 2,666 | $255 | - |
A 29670 Longhorn Sold | $630,000 | 4 | 3 | 2,770 | $227 | 0.3 mi |
B 22552 Canyon Club Sold | $675,000 | 4 | 3 | 2,572 | $262 | 0.8 mi |
C 29707 Yellow Gold Drive Sold | $745,000 | 4 | 3 | 2,517 | $296 | 0.9 mi |
D 22700 Cascade Drive Sold | $692,000 | 4 | 4 | 3,390 | $204 | 0.7 mi |
E 22633 Inspiration Pt Sold | $765,000 | 4 | 3 | 2,687 | $285 | 0.5 mi |
F 29731 Bonanza Place Sold | $685,000 | 3 | 2 | 2,310 | $297 | 0.8 mi |
G 22535 San Joaquin W Sold | $630,000 | 4 | 2 | 2,045 | $308 | 0.5 mi |
H 22176 Dogie Active | $699,000 List Price | 5 | 4 | 3,132 | $223 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 but qualifies as Good due to significant maintenance and partial renovations. Features an updated kitchen with new stainless appliances and granite, modern LVP flooring, and a high-value system upgrade with paid-off solar. While some bathroom fixtures (gold trim) are dated, the home is move-in ready and functional.
The property features fully paid-off solar panels, providing significant long-term utility savings and immediate value to the homeowner.
The 2,666 sq ft layout includes a highly desirable main-floor bedroom and full bathroom, ideal for guests, multi-generational living, or a home office.
Located in the exclusive guard-gated Canyon Lake, residents benefit from unparalleled amenities including a private lake, golf course, equestrian center, and multiple sports courts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 6534.
The $355 monthly association fee adds a significant recurring expense to the cost of ownership, which may affect the debt-to-income ratio for some buyers.
Built in 1990, the home is over 30 years old, meaning major systems or structural elements not mentioned as 'new' may soon require maintenance or replacement.
STEAL OF A DEAL!! This spacious 4-bedroom, 3-bathroom home offers 2,666 sq ft of comfortable living with PAID OFF SOLAR, a 3-car garage, and a highly desirable floor plan. A welcoming front entry with sidelight opens to a bright foyer with vaulted ceilings, formal living and dining rooms, and plantation shutters throughout. The updated kitchen features granite countertops, refreshed cabinetry, NEW stainless steel appliances, double ovens, a wine refrigerator, and opens seamlessly to the family room with a cozy fireplace. A bedroom and full bathroom downstairs provide an ideal setup for guests, extended family, or a home office. Upstairs, the generous sized secondary bedrooms share a Jack-and-Jill bathroom, while the spacious primary suite offers a private balcony, walk-in closet, and an ensuite bathroom with dual sinks, a separate soaking tub, and walk-in shower. An indoor laundry room adds convenience, and the nicely sized backyard with a covered patio provides the perfect space to relax or entertain. Conveniently located just around the corner from the Canyon Lake Little League fields and Equestrian Center, this move-in-ready home offers generous living spaces, quality upgrades, and paid off solar, making it an exceptional opportunity in Canyon Lake. Canyon Lake is a 24 hour guard gated community with a private 525 acre lake, featuring premiere wakeboarding and waterskiing, an 18 hole SCGA rated golf course, Lakefront pool and clubhouse, Lakefront RV park, Equestrian center, tennis, basketball & pickleball courts, baseball fields, 4 beaches, 9 parks, an amphitheater, docks, a bicycle pump track, Senior Center, plenty of clubs to join and so much more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,666 | 2,648 |
| Lot Size | 7,405 | 7,405 |
| Price | $650.0K | $763.2K |
| Price per sq ft | $244 | $356 |
| Built year | 1990 | 1984 |
| HOA | $355.0 | $350 |
| Days on market | 12 | 84 |
Jul 10, 2026
$649,999
Initial Listing
Jul 19, 2018
$493,000
Public Record
Jul 26, 2017
$403,000
Public Record
Mar 7, 2012
$305,000
Public Record
Oct 15, 1993
$215,000
Public Record