29875 Smugglers Point Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 4 bath
29875 Smugglers Point Drive
Canyon Lake, California 92587
Property Price
SUMMARY
Analysis of 29875 Smugglers Point Drive, Canyon Lake, California 92587 reveals a Fairly Priced Property with a current list price of $780,000 aligned with the estimated $780,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29875 Smugglers Point Drive Subject | $780,000* List Price | 4 | 4 | 2,718 | $287 | - |
A 23190 Wild Rice Drive Sold | $750,000 | 4 | 3 | 2,480 | $302 | 0.3 mi |
B 29721 Sloop Sold | $649,000 | 3 | 2 | 2,576 | $252 | 0.1 mi |
C 30356 Spray Drive Sold | $699,000 | 4 | 3 | 2,357 | $297 | 0.3 mi |
D 28846 Yosemite Place Sold | $840,000 | 5 | 3 | 2,850 | $295 | 0.9 mi |
E 30846 Early Round Drive Sold | $655,000 | 4 | 3 | 2,137 | $307 | 1.0 mi |
F 29707 Yellow Gold Drive Active | $779,000 List Price | 4 | 3 | 2,517 | $309 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2019, this home is virtually new and features high-end, modern finishes throughout. The kitchen boasts contemporary white cabinetry, stainless steel appliances, a waterfall quartz island, and Calacatta tile flooring. Bathrooms are equally luxurious with modern vanities, tiling, and fixtures. All components appear new or recently installed, showing no signs of wear or deferred maintenance, perfectly aligning with 'Excellent' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2019, this one-owner home offers contemporary finishes, an open-concept layout, and modern comforts, appealing to buyers seeking a move-in ready, up-to-date residence.
- Income-Generating ADU/Guest Suite
The property includes a private studio apartment (ADU-Gen Suite) with its own entrance, kitchenette, full bath, loft, and desk area, providing excellent flexibility for guests, extended family, or potential rental income.
- Luxurious Interior Finishes
The kitchen boasts high-end features such as a waterfall quartz island, stainless steel appliances, Calacatta floors throughout, and a dramatic floor-to-ceiling black marble fireplace wall, enhancing the home's aesthetic and value.
CONSRISKS & DEFICIENCIES
- Significant Price Reductions
The property has experienced multiple substantial price reductions from its original list price of $845,000 down to $763,000 before a slight increase to $780,000, which may indicate challenges in market valuation or buyer interest.
- High Association Fee
A monthly association fee of $350.0 adds a notable recurring cost to homeownership, which could be a consideration for budget-conscious buyers.
- Limited View Description
While located in the desirable Canyon Lake community, the property description only specifies a 'Hills' view, potentially falling short of expectations for buyers seeking direct lake views often associated with this area.
About 29875 Smugglers Point Drive
Welcome to 29875 Smugglers Point in the highly sought-after Canyon Lake community. This beautifully designed home offers modern comfort and lake-living luxury. Built in 2019 (1 owner home) this residence features approximately 2,700 square feet of thoughtfully crafted space with four bedrooms and three and a half bathrooms. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere perfect for both everyday living and entertaining. The kitchen is equipped with contemporary finishes, stainless steel Fridge, oven and dishwasher, waterfall quartz island counter, Calacatta floors throughout, with ample storage and dramatic floor to ceiling black marble fireplace wall with electric insert. The spacious double primary suites includes luxurious ensuite bathrooms and generous walk-in closets, providing a relaxing private retreat. In addition, complete home fire sprinklers for additional safety. In addition to the main home, there is a private studio apartment (ADU- Gen Suite) with its own entrance, Kitchenette, full bath, loft and desk area ideal for guests, extended family, or potential rental income. A two-car garage offers convenience and additional storage. Outdoor living is just as impressive, with a patio and yard designed for relaxing evenings or weekend barbecues. Located within minutes of Canyon Lake’s private beaches, parks, and recreational amenities, this property perfectly blends modern style with the best of lake community living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 2,718 | 2,213 | 74% |
| Lot Size | 8,276 | 8,276 | 50% |
| Price | $780.0K | $685.0K | 65% |
| Price per sq ft | $287 | $348 | 20% |
| Built year | 2019 | 1987 | 95% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 135 | 189 | 23% |
Pricing History
Listed for Sale
Jan 20, 2026
$780,000
$763,000
+2% Price Increase
Initial Listing
Price Change
Jan 10, 2026
$763,000
$799,500
-5% Price Drop
Initial Listing
Price Change
Nov 12, 2025
$799,500
$819,500
-2% Price Drop
Initial Listing
Price Change
Oct 31, 2025
$819,500
$845,000
-3% Price Drop
Initial Listing
Price Change
Oct 23, 2025
$845,000
Initial Listing