30205 Channel Way, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath
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Canyon Lake, California 92587
This Turnkey Waterfront Residence is a Strong Value Opportunity, listed at $899,000, which aligns perfectly with its $899,000 Fair Market Value. Featuring a Condition Rating of 3, the home offers modern granite countertops, hardwood floors, and a functional open-concept layout. Residents enjoy a resort-style lifestyle with direct lake access, west-facing sunset views, and extensive community amenities including an 18-hole golf course. This property is an ideal acquisition for lifestyle-focused buyers or owner-occupants seeking a move-in ready retreat in a secure, guard-gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30205 Channel Way Subject | $879,000* List Price | 3 | 2 | 1,530 | $567 | - |
A 30649 Sea Horse Sold | $700,000 | 3 | 2 | 1,624 | $431 | 0.2 mi |
B 30360 Point Marina Sold | $1,110,000 | 3 | 2 | 1,666 | $666 | 0.5 mi |
C 30084 Point Marina Sold | $875,000 | 3 | 2 | 1,579 | $554 | 0.6 mi |
D 30208 Lands End Place Sold | $899,999 | 3 | 2 | 1,511 | $596 | 0.1 mi |
E 23572 Continental Drive Sold | $975,000 | 3 | 2 | 1,831 | $532 | 0.4 mi |
F 30184 Skippers Way Sold | $1,055,000 | 4 | 2 | 1,901 | $555 | 0.8 mi |
G 23138 Blue Bird Drive Sold | $849,500 | 3 | 3 | 2,094 | $406 | 0.3 mi |
H 30449 Sea Horse Active Under Contract | $959,900 List Price | 3 | 2 | 1,503 | $639 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1977, the home features a clear mid-range renovation (likely 5-15 years old) with granite countertops in the kitchen and baths, stainless steel appliances, and updated hardwood flooring. The property appears well-maintained, functional, and move-in ready with no immediate signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1530.
Situated on the East Bay with direct lake access and west-facing sunset views, this property offers the quintessential Canyon Lake lifestyle with high desirability.
Located in a guard-gated community, residents enjoy resort-style living with access to a private boating lake, 18-hole golf course, tennis, and equestrian facilities.
Built in 1977, the home's 1,530 sqft footprint and original structural elements may feel restrictive compared to modern luxury builds in the area.
With 105 days on market and a recent price reduction, the property may face challenges regarding perceived market value or buyer urgency.
WOW! THIS WATERFRONT HOME HAS SO MUCH VALUE!! Discover this charming waterfront retreat with breathtaking sunset views and direct lake access on the East Bay! This inviting 3-bedroom, 2-bath home features hardwood floors and an open concept kitchen and living space. Start your mornings with coffee on the back deck as the sun rises, and unwind in the evenings while watching the sunset reflect over the water with west facing sunset views. The front of the home offers a private palm lined courtyard, ideal for entertaining friends and family or enjoying a quiet moment. A flat, spacious driveway provides ample room for RV/boat parking, complemented by a two-car garage. Inside, the kitchen and bathrooms are finished with granite countertops, while the living room’s wood-burning fireplace creates a cozy ambiance for cooler nights. Additional storage beneath the patio makes it easy to store paddleboards, kayaks, and other lake toys. Located within a private, guard-gated community, residents enjoy true resort-style living with access to a private boating lake, an 18-hole golf course, two on-site restaurants, tennis and pickleball courts, scenic parks, an equestrian center, and lakefront campgrounds with full hookups. Don’t miss this rare opportunity to embrace the waterfront lifestyle,schedule your private showing with us today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,530 | 2,648 |
| Lot Size | 7,405 | 7,405 |
| Price | $879.0K | $763.2K |
| Price per sq ft | $575 | $356 |
| Built year | 1977 | 1984 |
| HOA | $357.0 | $350 |
| Days on market | 162 | 84 |
Jun 5, 2026
$879,000
$899,000
-2% Price Drop
Initial Listing
May 2, 2026
$899,000
$915,000
-2% Price Drop
Initial Listing
Feb 10, 2026
$915,000
Initial Listing
Dec 12, 2017
$580,000
Public Record
Feb 29, 2012
$290,000
Public Record