
Canyon Lake, California 92587
This Waterfront Single Family Residence represents a Strong Value Opportunity, listed at $1,699,000—positioned well below the $1,775,676 Fair Market Value by 4%. This valuation gap offers $76,676 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a recently updated kitchen and a luxury primary suite with panoramic lake views. With its private boat dock and versatile multi-generational layout, this property is an ideal acquisition for Owner-Occupants or Luxury Homebuyers seeking a premium waterfront lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30294 Little Harbor Subject | $1,699,000* List Price | 4 | 4 | 5,183 | $343 | - |
A 30212 Clear Water Drive Active | $1,335,000 List Price | 4 | 3 | 3,330 | $401 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, the home is well-maintained and features a recently updated kitchen with modern countertops and a high-end renovated primary bathroom with a contemporary freestanding tub and marble-style tiling. While some areas like the oak built-ins and blue carpeting show the home's original age, the property is functional, move-in ready, and benefits from significant recent upgrades to key value-driving rooms.
The property offers direct East Bay frontage with a private covered boat dock and lift, providing an exceptional lifestyle for boating and water sports enthusiasts.
With over 5,100 square feet of living space, the home features a versatile lower level that can function as a private guest suite or a massive entertainment hub.
The primary suite includes a private lake-view balcony, a jacuzzi-style tub, and a spacious walk-in closet, offering a high-end sanctuary for the homeowner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5183, other record living area = 3744.
The substantial 5,183 square foot home occupies nearly the entire 6,098 square foot lot, which limits traditional yard space and privacy from neighbors.
While the kitchen is updated, the 1996 construction and features like glass block accents may require additional investment to align with modern luxury design trends.
Beautiful Canyon Lake waterfront home located in the East Bay. Enter through a private gated entry and elegant etched glass double doors into a home designed for both comfort and entertaining. The main level welcomes you with a stunning chandelier that lowers at the flip of a switch, a spacious family room with a wood-burning fireplace, and a convenient powder room. The recently updated kitchen offers beautiful lake views and features a walk-in pantry. A formal dining room and versatile game/bonus room provide plenty of space for gatherings and everyday living. Step outside from the kitchen onto the expansive deck overlooking the water, where a spiral staircase leads down to the lower level. Upstairs, you’ll find four generously sized bedrooms, including a large office with built-in shelving that is perfect for a home workspace. The primary suite features its own private balcony with peaceful lake views. The primary bathroom offers a jacuzzi-style tub, glass block walk-in shower, dual vanity, and spacious walk-in closet. The additional bedrooms are all generously sized, with one offering sliding doors that open to its own private lake-view balcony. The lower level is an entertainer’s dream and could easily function as a private guest suite. This space features a large game room, two additional rooms that could be converted into bedrooms with the addition of closets, abundant storage, and another full bathroom. Outside, enjoy the ultimate waterfront lifestyle with a yard built for entertaining — perfect for outdoor dining, relaxing around the fire pit, or taking a few steps down to your covered boat dock with lift. A three-car garage and flat driveway provide ample parking and convenience. A rare opportunity to enjoy stunning lake views, generous living spaces, and the best of waterfront living.
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 | 5,183 | 2,648 |
| Lot Size | 6,098 | 7,405 |
| Price | $1.70M | $763.2K |
| Price per sq ft | $328 | $356 |
| Built year | 1996 | 1984 |
| HOA | $290.0 | $350 |
| Days on market | 26 | 84 |
Jun 26, 2026
$1,699,000
Initial Listing
Jul 16, 2021
$975,000
Public Record
Jan 16, 2004
$739,000
Public Record