29622 La Cresta Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath
29622 La Cresta Drive
Canyon Lake, California 92587
Property Price
SUMMARY
Analysis of 29622 La Cresta Drive, Canyon Lake, California 92587 reveals a property with a current list price of $555,000, which is 7% above the estimated $518,370 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 |
|---|---|---|---|---|---|---|
★ 29622 La Cresta Drive Subject | $555,000* List Price | 3 | 2 | 1,351 | $384 | - |
A 29936 Clear Water Drive Sold | $605,000 | 3 | 2 | 1,573 | $385 | 0.4 mi |
B 23429 Cheyenne Canyon Drive Sold | $565,000 | 3 | 2 | 1,617 | $349 | 0.4 mi |
C 23675 Continental Drive Active | $619,000 List Price | 3 | 2 | 1,476 | $419 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2003, this 21-year-old property is described as 'turn-key' and well-maintained, but it lacks recent major renovations. The interior features original 2000s-era styling, including honey-oak cabinetry and tile countertops, which are functional but considered outdated by current market standards. It fits the criteria for a property over 20 years old that has been maintained through regular upkeep but shows signs of its age.
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 = 15682, living area = 1351.
- Turn-Key Condition
The property is well-maintained and move-in ready, offering a hassle-free transition for buyers who want to avoid the time and expense of immediate renovations.
- Expansive Lot Size
Situated on a generous 15,682 square foot lot, this property provides significant outdoor space for recreation, gardening, or potential future expansions, which is a rarity for homes of this size.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With 1,351 square feet of living space, the interior may feel somewhat restrictive for larger families or those seeking more spacious common areas.
- Minimal Listing Detail
The brief property description lacks specific information regarding interior upgrades or unique features, which may hinder its ability to stand out to discerning online shoppers.
About 29622 La Cresta Drive
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 15,682 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,351 | 2,198 | 10% |
| Lot Size | 15,682 | 8,276 | 94% |
| Price | $555.0K | $685.0K | 19% |
| Price per sq ft | $411 | $349 | 76% |
| Built year | 2003 | 1987 | 73% |
| HOA | $0 | $350 | 12% |
| Days on market | 8 | 189 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$555,000
Initial Listing
Sold
Jan 11, 2005
$309,000
Public Record