29710 Longhorn Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 3 bath

29710 Longhorn Drive, Canyon Lake, California 92587 home-pic-0

29710 Longhorn Drive

Canyon Lake, California 92587

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,899Sq Ft
10,019Lot Size

Property Price

LIST PRICE$699,900
EST. MARKET VALUE
$724,999
3% BelowMARKET VALUE

SUMMARY

Analysis of 29710 Longhorn Drive, Canyon Lake, California 92587 reveals a Prime Investment Opportunity with a current list price of $699,900—significantly undercutting the $724,999 Fair Market Value by 3%. This valuation gap indicates a +$25,099 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$724,999 +$25,099 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Canyon Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
29710 Longhorn Drive
Subject
$699,900*
List Price
331,899$382-
A
29595 Longhorn Drive
Sold
$732,000322,213$3310.1 mi
B
22511 Cascade
Sold
$754,900332,168$3480.5 mi
C
30267 Longhorn
Sold
$670,000331,892$3540.4 mi
D
29629 Big Range Road
Sold
$624,999321,418$4410.3 mi
E
22535 San Joaquin W
Active Under Contract
$659,000
List Price
422,045$3220.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1988-built home is in move-in ready condition with significant recent updates. Key improvements include new LVP flooring throughout, fresh interior paint, and a recently renovated master bathroom with a dual sink vanity and separate soaking tub. The kitchen is well-maintained with granite countertops, double ovens, and updated recessed LED lighting. The inclusion of owned solar and dual-pane windows further supports a 'Good' rating, as major systems are functional and the property shows minimal wear and tear.

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 = 10019, living area = 1899.

CONSRISKS & DEFICIENCIES

About 29710 Longhorn Drive

Main lake views, room for toys and single story! Located on the north side of Southern California's premier, gated, waterfront community of Canyon Lake this single story stunner pool home is sure not to disappoint! If views are what you're interested in than look no further as this home capitalizes on 180 degrees of surrounding hills and the main lake/beach!! Upon entry your met with vaulted ceilings, a classy white washed brick fireplace and a massive open layout for the family/dining area. Enjoy new LVP floors throughout along with fresh interior paint! Your kitchen boasts more than ample cabinet space with granite counters, double ovens, recessed LED lighting and even lake views from your kitchen window! The master bedroom is well appointed with tons of natural light, a slider to your pool area and an oversized ceiling fan. Your recently updated master bath offers a duel sink vanity, walk in closet, separate toilet room and large shower with separate soaking tub. Both spare bedrooms have a huge footprint and share a Jack and Jill bathroom. No need to worry about guests as they can use the 3rd bathroom located just off the main living area complete with feature wall and stylish mid-century modern mirror and light fixture. There's more natural light in this house than you can imagine with ample dual pane, tinted windows throughout allowing you to capitalize on views from various areas. Enjoy entertaining in your backyard with pool/jacuzzi, plenty of room for entertaining, courtyard in the entry way and an upper pad in the back that capitalizes on unobstructed views of the surrounding hills, community and main lake! Do you have toys? No need to worry about storage here as the 3 car garage offers 12' high ceilings allowing for plenty of room for multiple car lifts and room to clear a 32' motorhome/trailer or easily fit a boat in the driveway. Did we mention solar is on the home as well! Canyon Lake offers offers a low 1.1% tax base with no Mello Roos bonds, 384 acre waterski/fishing lake, 16 parks most with beaches and playsets, basketball courts, baseball fields, tennis & pickle ball courts, equestrian center, 18 hole golf course, pools, dog park,has golf cart friendly streets, slalom course, ski jump, restaurants, community events and so much more!!! Live life on vacation in Canyon Lake!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1988
Lot Size
10,019 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$362.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot1,8992,198
37%
Lot Size10,0198,276
77%
Price$699.9K$685.0K
55%
Price per sq ft$369$349
60%
Built year19881987
51%
HOA$362.0$350
91%
Days on market45189
6%

Pricing History

Listed for Sale

Mar 7, 2026

$699,900

$724,999

-3% Price Drop

Initial Listing

Price Change

Jan 21, 2026

$724,999

Initial Listing

Sold

Jul 6, 2022

$685,000

Public Record

Sold

Mar 31, 2015

$260,000

Public Record

Sold

Feb 25, 2015

$199,500

Public Record

Browse Properties by State Browse housing market trends by state