
Canyon Lake, California 92587
This Stunning Waterfront Estate is a Strong Value Opportunity, listed at $1,475,000—positioned slightly above the $1,461,633 Fair Market Value. While priced at market, the property features an Excellent Condition Rating following an extensive, high-end remodel. With 180-degree lake views, a private dock, and dual primary retreats, this residence offers a premium resort-style lifestyle. Located within the Lake Elsinore Unified district, it provides a rare, turnkey trophy asset for Luxury Homebuyers or Owner-Occupants seeking an iconic, move-in ready waterfront sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29795 Eagle Point Subject | $1,425,000* List Price | 5 | 4 | 3,778 | $327 | - |
A 22616 Canyon Club Drive Sold | $1,224,999 | 4 | 3 | 3,060 | $400 | 0.2 mi |
B 30525 Greenbrook Place Sold | $1,075,000 | 4 | 4 | 3,500 | $307 | 0.7 mi |
C 22088 Mustang Court Sold | $1,000,000 | 5 | 4 | 3,744 | $267 | 0.5 mi |
D 22373 Boating Active | $1,329,000 List Price | 5 | 3 | 4,030 | $330 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1985, the property has undergone an extensive, high-end remodel within the last 5 years. The kitchen is chef-inspired with quartz countertops and premium stainless appliances, and the bathrooms have been fully upgraded with custom marble and designer fixtures. With fresh interior/exterior paint and updated central A/C, the home is in mint condition.
Situated on a coveted corner lot on the Main Lake, the property offers rare 180-degree lake and mountain views along with a private dock and gazebo for direct water access.
The home features high-end upgrades throughout, including a chef’s kitchen with quartz countertops, marble finishes, and spa-inspired bathrooms, ensuring a move-in-ready luxury experience.
The 3,778 sq ft layout includes three ensuite bedrooms and dual primary retreats with private balconies and fireplaces, catering perfectly to multi-generational living or high-end entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1985, the property may have older underlying infrastructure or structural elements that, despite extensive cosmetic remodeling, lack the efficiency of modern new-construction standards.
The $350 monthly association fee, while providing access to resort-style amenities, adds a significant ongoing carrying cost and subjects the owner to strict community regulations.
Extraordinary waterfront estate located on Canyon Lake’s highly coveted Main Lake, offering breathtaking 180-degree lake and snow-capped mountain views from one of the community’s premier corner lots. Set on an expansive 10,000 sq ft lot with a private dock and gazebo, this fully remodeled residence delivers the ultimate blend of luxury, comfort, and resort-style living. Rarely does a waterfront property of this caliber, size, condition, and location become available at such a compelling value. With extensive renovations already completed, this is an exceptional opportunity to own one of Canyon Lake’s premier trophy properties. From the moment you enter, walls of glass and expansive double-pane sliders frame the sparkling water views and fill the home with natural light. The chef-inspired kitchen features a massive entertaining island, custom white cabinetry, quartz countertops, marble backsplash, premium stainless steel appliances, professional-grade range, and designer finishes throughout. The open-concept living and dining areas seamlessly connect to the outdoors, creating the perfect space for entertaining. This exceptional floorplan offers three spacious ensuite bedrooms, including a desirable main-floor suite. Upstairs, two luxurious primary retreats feature vaulted ceilings, fireplaces, private balconies overlooking the lake, and generous closet space. Spa-inspired bathrooms have been beautifully upgraded with quartz vanities, custom marble showers, soaking tubs, and designer lighting. Additional upgrades include custom flooring, skylights, fresh interior and exterior paint, central A/C, a large laundry room with custom cabinetry, and abundant natural light throughout. Step outside to your own private waterfront paradise. The dock and gazebo create the perfect setting for boating, wakeboarding, paddleboarding, fishing, sunset gatherings, and lakeside entertaining. On the 4th of July, enjoy unforgettable front-row fireworks views directly from your own deck. Living in Canyon Lake means access to a private lake, championship golf course, country club, beaches, parks, tennis and pickleball courts, equestrian facilities, campground, dog park, waterfront dining, and year-round community events. This is a rare opportunity to own one of Canyon Lake’s most iconic waterfront properties.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,778 | 2,648 |
| Lot Size | 10,019 | 7,405 |
| Price | $1.43M | $763.2K |
| Price per sq ft | $377 | $356 |
| Built year | 1985 | 1984 |
| HOA | $350.0 | $350 |
| Days on market | 48 | 84 |
Jul 18, 2026
$1,425,000
$1,475,000
-3% Price Drop
Initial Listing
Jun 4, 2026
$1,475,000
Initial Listing
Sep 16, 2022
$1,375,000
Public Record
Apr 11, 2022
$998,500
Public Record
Apr 7, 2022
$875,000
Public Record