
Canyon Lake, California 92587
This Stunning Waterfront Estate is a Strong Value Opportunity, listed at $2,900,000—positioned well below the $2,947,891 Fair Market Value by 1.6%. This valuation gap offers $47,891 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this 5,171 sq. ft. home includes a chef’s kitchen, pebble-tech pool and spa, and panoramic lake views. It is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a turnkey, resort-style property in the Lake Elsinore Unified district.
Property is move-in ready.
Built in 2011, this 15-year-old home falls within the 10-20 year 'Good' category. It is exceptionally well-maintained and move-in ready, featuring a contemporary chef's kitchen with quartz countertops, high-end stainless appliances, and modern spa-like bathrooms. Systems including the whole-home audio and pebble-tech pool appear functional and high-quality.
Situated on a premium main lake lot, the property offers rare panoramic views of the water and hills, complemented by a private dock featuring a hydrolift and waterslide.
The exterior is an entertainer's dream, boasting a pebble-tech pool and spa, a putting green, and a fully equipped outdoor kitchen with a concrete bar island and cabana.
With over 5,100 sq. ft. of living space, this 2011-built home features high-end finishes, a chef’s kitchen, and unique amenities like a whole-home audio system and a dumbwaiter.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
At a list price of $2.9 million, the property sits at the top tier of the local market, which may limit the pool of qualified buyers and increase days on market.
The massive 5,171 sq. ft. structure and extensive hardscaping occupy most of the 0.21-acre lot, leaving very little traditional green space or lawn for children or pets.
Experience contemporary waterfront living at its finest in this stunning 5,171 sq. ft. home, perfectly positioned on a premium ¼-acre main lake lot offering some of the most panoramic views in the entire community. From the moment you enter through the grand 10-foot solid mahogany door with stainless steel accents, you're welcomed by a dramatic foyer and a breathtaking wall of windows framing unobstructed views of the lake, beach, and surrounding hills. The main level offers an expansive open-concept design ideal for entertaining, with elegant lighting fixtures, chandeliers, blackout shades, and a built-in bar complete with a dumbwaiter to the lower level. Enjoy multiple flexible living areas for dining, relaxing, games, and media, all enhanced by a floor-to-ceiling stacked stone fireplace and a central theatre-quality whole-home audio and intercom system. The chef’s kitchen boasts custom hardwood cabinetry, quartz countertops, stainless steel appliances, and abundant storage. Two bedrooms and two bathrooms complete the main level, along with a nearly full-width deck—perfect for taking in breathtaking SoCal sunrises and sunsets. The mid level hosts the luxurious primary suite with lake views directly from bed, oversized sliders opening to a private balcony, and a spa-like bath with dual vanities, soaking tub, walk-in shower with custom tile, and a spacious walk-in closet with built-ins. Two additional bedrooms with vaulted ceilings and walk-in closets offer more lake views, along with a full guest bath, a laundry room, and a versatile flex space currently used as an Escape Room. There is also direct access to an oversized 2+ car garage. Outdoor living is where this property truly shines, offering a lakeside putting green, pebble-tech pool and spa, a fully equipped outdoor kitchen with BBQ, sink, and concrete bar island, a private cabana, cozy firepit lounge, and a detached ¾ bath with an additional guest bedroom. Your private boat dock includes a hydrolift and fun waterslide—all tucked into a beautifully landscaped space designed for privacy and year-round enjoyment. This is lakefront luxury living at its best. Canyon Lake living offers a 400 acre waterski/fishing lake, 16 parks most with beaches and playsets, basketball, baseball, pickleball, equestrian center, 18 hole golf course, pools, dog park, BMX pump track, golf cart friendly streets, slalom course, ski jump, restaurants, miles of hiking/biking/horse trails, community events and so much more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,171 | 2,648 |
| Lot Size | 9,148 | 7,405 |
| Price | $2.90M | $763.2K |
| Price per sq ft | $561 | $356 |
| Built year | 2011 | 1984 |
| HOA | $365.0 | $350 |
| Days on market | 40 | 84 |
Jun 12, 2026
$2,900,000
Initial Listing
May 27, 2014
$550,000
Public Record
Aug 26, 2010
$635,000
Public Record
Nov 13, 1998
$475,000
Public Record
Aug 1, 1995
$135,000
Public Record