30340 Channel Way Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 3 bath

30340 Channel Way Drive
Canyon Lake, California 92587
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30340 Channel Way Drive Subject | $628,000* List Price | 3 | 3 | 1,633 | $389 | - |
A 22658 Canyon Lake Drive N Sold | $540,000 | 3 | 2 | 1,394 | $387 | 0.6 mi |
B 30809 Burning Tree Drive Sold | $685,000 | 3 | 2 | 1,565 | $438 | 0.5 mi |
C 23593 Schooner Drive Sold | $600,000 | 3 | 2 | 1,653 | $363 | 0.6 mi |
D 29698 Vacation Drive Sold | $550,000 | 3 | 2 | 1,708 | $322 | 0.6 mi |
E 30848 Long Point Drive Sold | $642,000 | 3 | 2 | 1,666 | $385 | 0.5 mi |
F 31215 Emperor Drive Sold | $690,000 | 3 | 2 | 1,918 | $360 | 0.5 mi |
G 30649 Sea Horse Active Under Contract | $699,000 List Price | 3 | 2 | 1,624 | $430 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained with significant recent upgrades including a new HVAC system, new pool pump, and newer wood flooring. The kitchen has been refreshed with newly painted cabinets and stainless steel appliances. While the 1985 architecture and bathroom configurations remain largely original, the home shows minimal wear and tear and benefits from functional system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Community Amenities
Situated in the exclusive gated community of Canyon Lake, the property offers 24-hour guarded security and access to a private lake, golf course, equestrian stables, and extensive sports facilities.
- Significant Recent Upgrades
The home features a brand-new HVAC system, a new pool pump, and updated kitchen finishes, providing immediate value and reducing the need for near-term capital expenditures.
- Outdoor Utility and Lifestyle
The large flat backyard includes a private fenced pool and dedicated driveway space for boat or trailer parking, perfectly accommodating the recreational lifestyle of the area.
CONSRISKS & DEFICIENCIES
- 1980s Era Architecture
Built in 1985, the home's layout and certain original features may feel dated to modern buyers, potentially requiring further cosmetic renovations to meet contemporary tastes.
- Ongoing Association Expenses
The $350 monthly association fee, while supporting extensive amenities, represents a significant recurring carrying cost that may impact the overall affordability for some purchasers.
About 30340 Channel Way Drive
Adorable Pool Home with a huge flat backyard with 3 bedrooms, 2 1/2 baths, loft, living room with fireplace, & almost 1700 square feet across the street from the lake. Cozy living room featuring a wood-burning fireplace with mantel, open kitchen with newly painted white cabinets, stainless steel fridge & dishwasher, & bay window overlooking front yard, kitchen opens up to the dining area with a brand new slider that leads out to the patio and the big backyard & pool. Downstairs also features 1/2 bath that offers a door leading out to the backyard. Newer wood flooring covers the entire main level. Upstairs you'll find a loft with a fireplace that is the perfect family room, TV Room, or office with built-ins. Good-sized primary bedroom with an attached bath with dual sinks & separate room with shower/commode. 2 additional bedrooms; 1 bedroom with built-in desk, and the other with view of the pool. Additional bath upstairs. 2 car attached garage with laundry & storage (Separate room in the garage that can be removed if desired). Driveway offers boat/trailer parking. Private backyard features a fully fenced sparkling pool with NEW pump. Beautifully landscaped backyard and front yard with fruit trees. NEW HVAC system. Located on a great quiet street that is across from the lake. Canyon Lake is an exclusive gated and 24-hour guarded community & includes a private lake for boating, skiing, swimming, wake boarding, fishing, paddle boarding, canoeing, + 6-lighted tennis courts, Olympic size pool, beaches, parks, pickleball and basketball courts, club house, senior center, and clubs plus the community offers an 18-hole golf course golf & riding stables. Low tax rate of approx. 1% with no Mello Roos.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,633 | 2,198 | 29% |
| Lot Size | 6,970 | 8,276 | 23% |
| Price | $628.0K | $685.0K | 32% |
| Price per sq ft | $385 | $349 | 66% |
| Built year | 1985 | 1987 | 43% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 45 | 189 | 6% |
Pricing History
Listed for Sale
Feb 18, 2026
$628,000
$648,000
-3% Price Drop
Initial Listing
Price Change
Jan 21, 2026
$648,000
Initial Listing
Sold
Apr 7, 2010
$134,000
Public Record
Sold
Mar 26, 2009
$180,000
Public Record
Sold
Jul 21, 2005
$266,000
Public Record
Sold
Nov 20, 1998
$179,000
Public Record







































