
Canyon Lake, California 92587
This Luxury Waterfront Residence is a High-Potential Investment Opportunity, listed at $1,398,000—positioned above the $1,294,132 Fair Market Value. While priced at a premium, the property offers exceptional structural integrity with 3x6 shear wall construction and 40 paid-off solar panels. Featuring 70 feet of water frontage and a private dock with Hydro lift, the home provides a rare lifestyle asset. With a Condition Rating of 4, the interior offers a canvas for modern updates. This property is an ideal acquisition for Luxury Homeowners or Waterfront Enthusiasts seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30181 Swan Point Subject | $1,398,000* List Price | 4 | 4 | 3,100 | $417 | - |
A 30263 Swan Point Sold | $1,000,000 | 3 | 2 | 2,162 | $463 | 0.1 mi |
B 30248 White Wake Sold | $1,130,000 | 3 | 3 | 2,982 | $379 | 0.4 mi |
C 24140 Cruise Circle Drive Active | $1,250,000 List Price | 3 | 3 | 3,210 | $389 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 34-year-old home is exceptionally well-maintained but remains largely in its original state. The kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and older fluorescent light box fixtures characteristic of the 1990s. While the property includes high-value systems like 40 paid-off solar panels and superior earthquake-resilient construction, the interior finishes are over 30 years old and require aesthetic updates to meet modern luxury standards.
The property boasts 70 feet of water frontage on the open channel—nearly double the area average—complemented by a private dock with a Hydro lift.
Equipped with 40 fully paid-off solar panels, this home offers significant long-term utility savings, a highly sought-after feature in the Canyon Lake community.
Designed by architect R.H. Waters with 3x6 shear wall construction, the home offers enhanced seismic resilience specifically engineered for major geological events.
The $350 monthly association fee represents a consistent carrying cost that may be a consideration for budget-conscious buyers.
Despite the high-quality custom finishes, the 1990 construction year may require cosmetic updates for buyers seeking a more contemporary or modern aesthetic.
Experience true Canyon Lake waterfront living at its finest in this luxury residence ideally positioned on the open channel with sweeping water views. This amazing 4 bedroom, 4 bath, 3,100 sq ft home offers a spacious open floor plan. This home was designed to impress with custom hardwood finishings and cabinetry throughout the house. The extra large bedroom downstairs has its own bathroom and the 3 bedrooms upstairs are huge with large walk in closets. As you enter the master bedroom you will notice breathtaking views of the lake and a large patio perfect for enjoying your early morning coffee and amazing sunsets on the water. The master bathroom is large with a separate tub, walk in custom shower and his and her sinks. Please also take time to notice you have a washer dryer hookups for both down stairs and upstairs. Step outside and embrace the lake lifestyle with multiple outdoor living spaces designed for both relaxation and entertaining. This lot has 70 feet to the water compared to your average 40 feet backyard in the area. The private dock is fully equipped with a Hydro lift and aluminum cover, offering effortless days on the water. This home also delivers on efficiency and modern convenience with 40 solar panels that are fully paid off. Yes! This is huge for canyon lake. This property was built by the famous Architect R.H.Waters. There are so many upgrades you cannot see. I highly recommend reviewing the building plans to really see the quality of this home. When building the home the seller went the extra mile to build this home with earthquakes in mind with higher seismic resilience, utilizing 3x6 shear wall construction. It was designed with a major San Andreas event in mind. "This is the house I want to be in when the big one happens". Every detail of this home has been carefully curated to create a seamless blend of luxury, comfort, and functionality—offering a rare opportunity to own a truly turn-key waterfront property in one of Canyon Lake’s most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,100 | 2,648 |
| Lot Size | 6,534 | 7,405 |
| Price | $1.40M | $763.2K |
| Price per sq ft | $451 | $356 |
| Built year | 1990 | 1984 |
| HOA | $350.0 | $350 |
| Days on market | 20 | 84 |
Jul 2, 2026
$1,398,000
Initial Listing
Jan 18, 2022
$400,000
Public Record