29622 La Cresta Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath
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Canyon Lake, California 92587
This Turnkey Modern Residence is listed at $535,000, offering exceptional price stability aligned with its $527,526 Fair Market Value. Boasting a Good Condition Rating, the home provides a move-in-ready lifestyle following a comprehensive cosmetic renovation featuring new LVP flooring, fresh interior paint, and a one-year-old roof. The massive 15,682 sqft lot serves as a private sanctuary with ample space for an ADU or recreational vehicle storage, all while capturing elevated hill and city light views. Situated in the Menifee Union district, it is an ideal match for growing families or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29622 La Cresta Drive Subject | $535,000* List Price | 3 | 2 | 1,351 | $390 | - |
A 23429 Cheyenne Canyon Drive Sold | $565,000 | 3 | 2 | 1,617 | $349 | 0.4 mi |
B 23856 Outrigger Active | $599,995 List Price | 3 | 2 | 1,690 | $355 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2003-built home is in move-in ready condition following a recent cosmetic renovation. Key updates include new LVP flooring throughout, fresh interior paint, a one-year-old roof, and refinished kitchen cabinetry with stainless steel appliances. While some original elements like the bathroom tile countertops remain, the overall maintenance, updated light fixtures, and turn-key status align with the 'good' condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 1351.
The home features extensive recent upgrades including new LVP flooring, fresh interior paint, and a one-year-old roof, offering a move-in-ready experience with minimal immediate maintenance required.
Situated on an oversized 15,682 sqft lot, the property provides ample space for RV/boat storage or the construction of an Accessory Dwelling Unit (ADU), significantly increasing its long-term utility and value.
At 1,351 square feet, the interior living space is relatively modest for a three-bedroom home, which may feel restrictive for buyers seeking larger communal living areas.
With 47 days on the market and a recent $20,000 price reduction, the property is currently navigating a price discovery phase to align with buyer demand.
Nice well kept 3 bedroom home. Turn key. Recent remodel done. New LVP flooring, refinish kitchen cabinets, new baseboards, new window blinds. Fresh paint through out interior. New door handles. Re-roof done 1 year old. Nice oversized lot for all your toys or build an ADU.
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 | 1,351 | 2,205.5 | 11% |
| Lot Size | 15,682 | 7,841 | 94% |
| Price | $535.0K | $685.0K | 14% |
| Price per sq ft | $396 | $349 | 67% |
| Built year | 2003 | 1987 | 77% |
| HOA | $0 | $350 | 16% |
| Days on market | 54 | 189 | 2% |
Apr 15, 2026
$535,000
$555,000
-4% Price Drop
Initial Listing
Feb 27, 2026
$555,000
Initial Listing
Jan 11, 2005
$309,000
Public Record