
Canyon Lake, California 92587
This Exceptional Waterfront Estate is a High-Potential Investment Opportunity, listed at $2,400,000—positioned slightly above the $2,305,529 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating with extensive upgrades, including Paid Solar with Battery Backup, a New Roof, and New HVAC Units. The rare Double Lot with a Private Golf Cart Path, Resort-Style Pool and Spa, and 1,000 sqft Guest Quarters provide unmatched utility. This is an ideal acquisition for Luxury Homeowners or Multigenerational Families seeking a turnkey, high-infrastructure lakefront sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29702 Big Range Subject | $2,400,000* List Price | 4 | 4 | 4,619 | $499 | - |
A 29723 Eagle Point Drive Active | $2,950,000 List Price | 6 | 6 | 4,377 | $674 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1976, the property has undergone extensive high-end renovations and system upgrades. It features a brand new roof, new HVAC units, paid solar with battery backup, and a tankless water heater. The interior is in mint condition with a chef's kitchen featuring labradorite counters and updated bathrooms with modern fixtures and glass-enclosed showers, requiring no immediate maintenance.
Situated on a rare double lot, this property features an oversized dock with a lift and a unique private golf cart path for stair-free lake access, maximizing the utility of its main lake location.
The home is equipped with high-value upgrades including paid solar with battery backup, new HVAC units, a new roof, and a whole-house water filtration system, ensuring modern efficiency and reliability.
A rare five-car garage with AC, circular driveway, and dedicated RV/boat parking, combined with a 1,000 sqft guest house, offers unmatched space for collectors and multigenerational living.
The $2.4M list price sits at the high end for the Canyon Lake market, which may limit the pool of qualified buyers and extend the days on market.
Despite extensive renovations and modern upgrades, the original 1976 construction may still present legacy architectural constraints or maintenance requirements typical of older homes.
SINGLE STORY ON MAIN LAKE...EAST FACING FOR YEAR ROUND COMFORT...POOL AND SPA...DOUBLE LOT... OVERSIZED DOCK... PAID SOLAR… BACKUP BATTERY... NEW ROOF… NEW HVAC UNITS… AND FIVE CAR GARAGE with RV/Boat parking!! This exceptional main lake waterfront estate offers true single story luxury living with 3619 total square feet featuring 3 bedrooms and 3 bathrooms on the main house and 1,000 square foot guest quarters with kitchenette and bath adds flexibility for multigenerational living or an income stream. Positioned on a rare double lot with commanding, unobstructed views from the moment you walk in. Expansive windows frame breathtaking open-water vistas, while seamless indoor-outdoor flow leads to approximately 1,200 square feet of covered deck space overlooking the lake, multiple seating areas and levels, resort-style pool and spa and an above ground spa, and oversized covered dock with lift. A private golf cart path provides direct access to the water without stairs, offering rare convenience for effortless lake living. The expansive chef’s kitchen features striking labradorite counters and bar, propane cooktop, large pantry, dual sinks and trash compactors, opening to generous living spaces with fireplaces in both the living room and primary suite. Car collectors and enthusiasts will appreciate the rare 5 car garage (one bay is insulated and has AC) epoxy floors and built-in storage, complemented by a circular driveway, RV or boat parking, and additional secured vehicle space. Major upgrades include owned solar with battery backup, a whole-house water filtration system, never run out of hot water with a tankless propane water heater, full wiring for indoor and outdoor sound, smart irrigation, security cameras, and more. A distinguished Canyon Lake offering that combines scale, accessibility, infrastructure, and a premier main lake presence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,619 | 2,648 |
| Lot Size | 13,068 | 7,405 |
| Price | $2.40M | $763.2K |
| Price per sq ft | $520 | $356 |
| Built year | 1976 | 1984 |
| HOA | $355.0 | $350 |
| Days on market | 20 | 84 |
Jul 2, 2026
$2,400,000
Initial Listing
Mar 4, 2022
$1,800,000
Public Record
May 18, 2001
$440,000
Public Record