30127 White Wake, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 3 bath
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Canyon Lake, California 92587
This Waterfront Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,200,000—positioned slightly above the $1,153,076 Fair Market Value. While the property requires cosmetic modernization due to its Condition Rating of 4, it features significant mechanical upgrades including a new dual-zone HVAC system and copper plumbing. The home offers a premier lifestyle with panoramic lake views and a shared private dock. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to customize a waterfront asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30127 White Wake Subject | $1,200,000* List Price | 3 | 3 | 2,629 | $439 | - |
A 30263 Swan Point Sold | $1,000,000 | 3 | 2 | 2,162 | $463 | 0.3 mi |
B 30084 Point Marina Sold | $875,000 | 3 | 2 | 1,579 | $554 | 0.2 mi |
C 23572 Continental Drive Sold | $975,000 | 3 | 2 | 1,831 | $532 | 0.5 mi |
D 30248 White Wake Sold | $1,130,000 | 3 | 3 | 2,982 | $379 | 0.1 mi |
E 30103 Boat Haven Active | $1,099,000 List Price | 4 | 3 | 2,502 | $439 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, the home is well-maintained but significantly dated. The kitchen and bathrooms retain original 1980s oak cabinetry, tile countertops, and gold-tone fixtures. While the property benefits from a new dual-zone HVAC system and copper plumbing, the interior finishes are over 35 years old and require cosmetic updates to meet modern standards.
The property offers an exceptional lakefront lifestyle with direct water access, a shared private dock, and expansive balconies designed to capture panoramic lake views and sunsets.
Situated within the gated Canyon Lake community, residents enjoy exclusive access to a private lake, champion golf course, equestrian center, tennis courts, and a private marina.
The home features significant mechanical improvements, including a new dual-zone HVAC system, copper plumbing, and a whole-house fan, providing enhanced efficiency and peace of mind.
While the property includes water access, the dock is a shared interest rather than a private, exclusive facility, which may be a drawback for buyers seeking total autonomy over their mooring.
Built in 1988, the home's 'timeless character' may require additional capital investment for cosmetic modernizations to align with contemporary luxury design trends.
Enjoy the ultimate Canyon Lake waterfront lifestyle in this beautifully maintained home. Take in breathtaking lake views and spectacular sunsets from both upper and lower balconies. The property includes an ownership interest in a privately owned and shared dock, creating the perfect launching point for boating, waterskiing, wakeboarding, paddleboarding, fishing, or simply enjoying life on the water. A spacious 3-car garage provides plenty of room for vehicles, golf carts, and lake toys. Located within the gated community of Canyon Lake, residents enjoy resort-style amenities including a private lake, champion golf course and fabulous restaurant/club house, beaches, parks, pickleball and tennis courts, its own marina, equestrian center, waterfront dining, many clubs, classes, restaurant and lodge with classes and musical events, community pool with a kiddie pool and year-round fun community events. Offering 3 bedrooms, two full and one 3/4 bath; including a desirable main-floor bedroom and bath, this home blends timeless character with modern conveniences including a new dual-zone HVAC system with separate thermostat controls, whole-house fan, copper plumbing, central vacuum system and more. Whether you're looking for a full-time residence or a weekend retreat, this is your opportunity to experience lakefront living, unforgettable sunsets, and the highly desirable Canyon Lake lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,629 | 2,648 |
| Lot Size | 7,841 | 7,405 |
| Price | $1.20M | $763.2K |
| Price per sq ft | $456 | $356 |
| Built year | 1988 | 1984 |
| HOA | $355.0 | $350 |
| Days on market | 46 | 84 |
Jun 6, 2026
$1,200,000
Initial Listing