29723 Eagle Point Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 6 bed, 6 bath
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Canyon Lake, California 92587
This Executive Waterfront Estate represents a Strong Value Opportunity, listed at $3,395,000—positioned well below the $3,453,228 Fair Market Value by 1.69%. This valuation gap offers $58,228 in Instant Equity for the discerning buyer. Featuring a Condition Rating of 3, the home includes a $500k Savant media system, 100 feet of lake frontage, and a private double dock. This turnkey sanctuary is the ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a premier Canyon Lake lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29723 Eagle Point Drive Subject | $3,395,000* List Price | 6 | 6 | 4,377 | $789 | - |
A 22250 Village Way Active | $3,375,000 List Price | 5 | 6 | 4,528 | $745 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1983, this property has undergone significant high-end renovations including a chef's kitchen, solar power, and a sophisticated $500k Savant media system. While the home is in pristine, move-in ready condition with clear pride of ownership, the aesthetic of the cabinetry and tile work in the bathrooms suggests the major updates fall within the 5-15 year range rather than a total renovation within the last 5 years.
This premier Eagle Point property features 100 feet of direct lake frontage and a private double dock with a hydro-lift, offering exceptional access to main-lake activities and panoramic views.
The home boasts a sophisticated Savant interior and exterior media system valued at over $500,000, providing an unparalleled entertainment and smart-home experience.
With six bedrooms, dual primary suites, and a private-entry guest casita, the layout is perfectly suited for multi-generational living, a home studio, or high-end guest hosting.
Built in 1983, the property may have underlying structural or system elements that reflect its original era, despite the extensive modern cosmetic and technological upgrades.
Listed at $3.395M, the property represents a significant price appreciation from its last sale, placing it in a niche luxury bracket that may face a smaller pool of qualified buyers.
Located in the gated community of beautiful Canyon Lake, this incredible main-lake waterfront property offers breathtaking lake and mountain views, approximately 100 feet of direct lake frontage, and a premier Eagle Point location. This highly upgraded executive-style home features 6 bedrooms, 6 bathrooms, approximately 4,377 sq. ft. of living space, and sits on an oversized 1/3-acre lot with potential RV parking, solar, and a private double dock with hydro-lift. Designed for both everyday living and entertaining, the home offers a chef’s kitchen, spacious living areas, and stunning lake and mountain views from both dual primary suites. The private-entry guest casita/mother-in-law apartment offers ground-level access and is ideal for guests, extended family, a home office, music studio, or art studio. Pride of ownership is evident throughout, including an impressive Savant interior and exterior media system valued at over half a million dollars. Outside, enjoy beautifully landscaped grounds with grass areas, terraced gardens, fruit trees, and room for a pool. Canyon Lake offers incredible low-HOA amenities including golf, tennis, a pool, private beaches, equestrian center, campgrounds, boat docks, fishing, gas dock, senior center, championship slalom course, jump lagoon, and more. This is truly an outdoor enthusiast’s dream home in one of Canyon Lake’s most desirable lakefront locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 6.0 | 3.0 | 98% |
| Square foot | 4,377 | 2,201 | 97% |
| Lot Size | 13,068 | 8,276 | 87% |
| Price | $3.40M | $697.5K | 98% |
| Price per sq ft | $776 | $348 | 98% |
| Built year | 1983 | 1986 | 39% |
| HOA | $355.0 | $350 | 70% |
| Days on market | 19 | 160 | 4% |
May 28, 2026
$3,395,000
Initial Listing
Jul 27, 2018
$1,389,000
Public Record
Sep 30, 2005
$1,025,000
Public Record
Sep 30, 2004
$850,000
Public Record