
Canyon Lake, California 92587
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $735,000—positioned well above the $683,622 Fair Market Value. While the property carries a Fair Condition Rating due to dated interior finishes, it offers a versatile layout with a downstairs bedroom ideal for multi-generational living. The home features Leased Solar and RV Parking within the resort-style Canyon Lake community. This property is best suited for Owner-Occupants seeking a value-add project or Renovation-Focused Buyers looking to modernize a well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30227 Gulf Stream Subject | $735,000* List Price | 4 | 3 | 2,928 | $233 | - |
A 30161 Buck Tail Sold | $859,000 | 4 | 4 | 3,015 | $285 | 0.5 mi |
B 22700 Cascade Drive Sold | $692,000 | 4 | 4 | 3,390 | $204 | 0.8 mi |
C 22552 Canyon Club Sold | $675,000 | 4 | 3 | 2,572 | $262 | 0.8 mi |
D 29886 Bahia Drive Sold | $798,000 | 3 | 2 | 2,644 | $302 | 0.6 mi |
E 22730 Canyon Lake S Sold | $651,000 | 3 | 3 | 2,290 | $284 | 0.6 mi |
F 22941 Gold Rush Place Sold | $899,000 | 4 | 4 | 3,337 | $269 | 0.8 mi |
G 22811 Cove View Active Under Contract | $649,999 List Price | 4 | 4 | 2,526 | $257 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the home shows recent cosmetic improvements including fresh interior paint and new luxury vinyl plank flooring. However, the kitchen and bathrooms remain significantly dated with older tile surfaces, cabinetry, and appliances likely exceeding 20-30 years in age. While the home is well-maintained and move-in ready, the lack of recent renovations to the primary wet areas and the age of the structure align with the 'Fair' criteria.
Situated in the exclusive gated community of Canyon Lake, the property offers unparalleled access to a private lake, golf course, tennis courts, and beaches, providing a high-value lifestyle package.
The inclusion of a downstairs bedroom with an adjacent bathroom and walk-in shower makes this home ideal for extended family, guests, or a professional home office setup.
The home is equipped with leased solar for cost savings and features highly sought-after RV parking, catering to both environmental consciousness and outdoor enthusiasts.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Despite its location in a premium resort community, the property lacks the lake or territorial views often expected at this price point within Canyon Lake.
Built in 1979, the property may require significant capital expenditure for modernizing core infrastructure or interior finishes to align with contemporary luxury standards.
Resort style living awaits in the private gated community of Canyon Lake! Welcome to 30227 Gulfstream Drive, a spacious and beautifully designed home offering approximately 2,928 square feet with 4 bedrooms and 2 3/4 bathrooms, ideal for multi-generational living, entertaining and everyday comfort. From the moment you enter, you'll appreciate the open concept floor plan, generous living spaces and large kitchen featuring a center island and seamless flow into the main gathering areas. A highly desirable downstairs bedroom features an adjacent bathroom with walk-in shower along with a walk-in closet, ideal for multi-generational living, extended family, guests or a private office setup. Upstairs, the oversized primary suite serves as a relaxing retreat with its own cozy fireplace, expansive walk-in closet and room to truly unwind after a day enjoying all the Canyon Lake has to offer. Additional highlights include: fresh interior paint, RV parking, leased solar for energy efficiency and cost savings, spacious backyard with charming she shed, ample parking and storage possibilities. Living in Canyon Lake is like being on vacation year-round with incredible resort style amenities including a private lake with boating, golf course, tennis and pickleball courts, parks, beaches, clubhouse, dining, community events and even a senior center, a little something for just about everyone. If you've been dreaming of resort-style living in a vibrant gated community, this could be the perfect place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,928 | 2,201 | 83% |
| Lot Size | 6,970 | 8,058.5 | 23% |
| Price | $735.0K | $697.5K | 53% |
| Price per sq ft | $251 | $348 | 7% |
| Built year | 1979 | 1986 | 30% |
| HOA | $385.3 | $350 | 98% |
| Days on market | 3 | 153 | 3% |
Jun 3, 2026
$735,000
Initial Listing