30361 Clear Water, Canyon Lake, California 92587, Canyon Lake, 92587 - 5 bed, 4 bath

30361 Clear Water, Canyon Lake, California 92587 home-pic-0

30361 Clear Water

Canyon Lake, California 92587

ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
3,453Sq Ft
8,276Lot Size

Property Price

LIST PRICE$2,250,000
EST. MARKET VALUE
$2,449,680
8% BelowMARKET VALUE

SUMMARY

Analysis of 30361 Clear Water, Canyon Lake, California 92587 reveals a Prime Investment Opportunity with a current list price of $2,250,000—significantly undercutting the $2,449,680 Fair Market Value by 8%. This valuation gap indicates a +$199,680 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Canyon Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,449,680 +$199,680 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Canyon Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
30361 Clear Water
Subject
$2,250,000*
List Price
543,453$709-
A
30295 Little Harbor Drive
Active
$1,950,000
List Price
333,689$5290.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2019 and described as barely lived in, this property is in pristine, like-new condition. It features high-end Thermador appliances, designer lighting, a gourmet kitchen with an oversized island, and a spa-inspired primary bathroom with modern herringbone tile. All systems, including the never-used infinity-edge pool, meet the highest current quality standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Elite Waterfront Amenities

    The property features a private dock with a lift and a pristine infinity-edge pool and spa, providing an unparalleled lakefront resort experience.

  • Gourmet Chef's Kitchen

    The heart of the home boasts premium Thermador appliances, a massive island with a prep sink, and a wine fridge, perfect for high-end entertaining.

  • Turn-Key Condition

    Built in 2019 and barely occupied, this home offers a 'like-new' feel with modern designer finishes and never-before-used pool systems.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • Premium Pricing

    Listed at $2.25M, the property sits at a high price point for the market, which may challenge appraisal values or limit the pool of qualified buyers.

  • Limited Yard Space

    Given the 8,276 sqft lot size and the extensive pool decking and dock, there is minimal traditional green space or yard for pets and play.

About 30361 Clear Water

Welcome to lakefront living at its finest in beautiful Canyon Lake. This stunning waterfront home offers the perfect blend of luxury, comfort, and everyday livability — and with the home barely lived in and the pool never swam in, it truly feels like a brand new. From the moment you walk through the wrought iron and glass front door, you’ll notice the thoughtful details — designer lighting and fans, a striking wrought iron and wood staircase, and a warm gas fireplace that makes the main living space feel inviting and cozy. The large family and dining areas are perfect for gathering, whether it’s a quiet night at home or a full house for the holidays. At the heart of the home is a kitchen that was made to be enjoyed. Outfitted with premium Thermador appliances — including a double oven, 6-burner gas cooktop, built-in refrigerator, microwave, and wine fridge — it’s both beautiful and functional. A farmhouse sink, oversized island with its own prep sink, stunning chandelier-style lighting, endless cabinetry, and a large walk-in pantry make this space ideal for everything from casual breakfasts to entertaining on a grand scale. Upstairs, a spacious loft creates a second living area — perfect for movie nights, a game room, or a relaxed hangout space. With 5 bedrooms and 3.5 baths, there’s room for everyone. The primary suite is a true escape, featuring a private deck overlooking the lake — the perfect spot for morning coffee or sunset views. The spa-inspired bathroom includes dual sinks, a soaking tub, herringbone tile detail, and a generous walk-in closet. Even the upstairs laundry room was designed with convenience in mind, offering dual counters and abundant storage. Step outside and you’ll understand what makes this home so special. The infinity-edge pool and champagne overflow spa overlook the water, surrounded by gorgeous white snowflake stone decking and elegant cable railing. Beneath the pool deck, there is large storage space perfect for all your pool and lake toys, keeping the backyard organized and clutter-free. The property also features a dock with a lift. With state-of-the-art Pentair equipment and variable speed pumps, the pool system is as efficient as it is impressive — and because it has never been used, it’s completely pristine. Landscape lighting creates a magical setting in the evenings, making the backyard feel like your own private resort. A 3-car garage with epoxy flooring completes the package. Come quick before it is gone.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2019
Lot Size
8,276 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
83%
Baths4.03.0
82%
Square foot3,4532,213
90%
Lot Size8,2768,276
50%
Price$2.25M$685.0K
96%
Price per sq ft$652$349
97%
Built year20191987
95%
HOA$350.0$350
50%
Days on market4189
1%

Pricing History

Listed for Sale

Mar 3, 2026

$2,250,000

Initial Listing

Sold

Jul 1, 2019

$1,115,000

Public Record

Sold

Mar 6, 2017

$163,000

Public Record

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