
Canyon Lake, California 92587
This Stunning Waterfront Sanctuary is a Strong Value Opportunity, listed at $1,849,000—positioned well below the $1,979,890 Fair Market Value by 6%. This valuation gap offers $130,890 in Instant Equity. Featuring an Excellent Condition Rating with high-end renovations, this 4,000 sqft home offers a private beach, elevator, and resort-style outdoor living. Located in the Lake Elsinore Unified district, this property provides a rare, turnkey lifestyle. It is an ideal acquisition for Owner-Occupants seeking luxury or multi-generational families desiring a premium lakeside retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30405 Golden Gate Subject | $1,849,000* List Price | 4 | 4 | 4,000 | $495 | - |
A 22590 Canyon Lake Drive South Sold | $1,675,000 | 5 | 3 | 3,377 | $496 | 0.7 mi |
B 22700 Running Rabbit Court Active | $1,950,000 List Price | 5 | 5 | 3,738 | $522 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1974, the property has undergone extensive high-end renovations within the last 5 years. The interior features modern bathrooms with contemporary tile work and glass enclosures, updated large-format marble-look tile and hardwood flooring, a modernized kitchen with stone countertops, and a custom elevator. The systems and finishes appear in mint condition, making it move-in ready.
The property features an exceptional 150 feet of private water frontage on an oversized, pie-shaped cul-de-sac lot, complete with a private sandy beach and a covered boat dock with a lift.
The grounds are meticulously designed for entertaining, featuring a BBQ palapa, fire pit, serenity plunge, and a private trek deck pier that create a comprehensive lakeside resort atmosphere.
The 4,000 sqft floor plan includes a rare interior elevator and a main-level primary suite, offering excellent accessibility and a functional multi-generational living setup with a full lower-level guest suite.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4000, other record living area = 3357. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally constructed in 1974, the home may require more intensive maintenance or updates to its core infrastructure and systems compared to newer waterfront developments.
Listed at $1.849M, the property is positioned at a high price point for the area, representing a significant valuation increase that may limit the pool of qualified buyers.
Experience true waterfront living at its finest. Tucked away at the end of a quiet cul-de-sac, this extraordinary property sits on an oversized, pie-shaped lot with approximately 150 feet of private water frontage and your very own sandy beach.The grounds feel like a private lakeside resort—expansive grassy areas, mature trees, stone-lined walking paths, a private trek deck pier with a covered pergola, and a covered cement dock with a lift create the ultimate outdoor retreat. Entertain effortlessly with a covered BBQ palapa with a fridge, fire pit, two large covered patios, and a tranquil rock stream and serenity plunge that add to the serene ambiance.Step through the double-door entry into a stunning great room and kitchen designed to capture breathtaking water and mountain views through expansive windows and sliding glass doors. The seamless indoor-outdoor flow makes everyday living feel like a vacation.The main level features a private primary suite with a beautifully appointed bathroom, great room with fireplace, dining room and large kitchen with an island, oversized laundry with plenty of storage and direct garage access for convenience. This home features an elevator that leads to the downstairs golf cart garage and interior of the home.Downstairs offers a spacious secondary living area/bonus room with a built-in bar, complete with a wine fridge, sink, microwave, fireplace and TV. There are also three additional bedrooms and two bathrooms—perfect for guests or multi-generational living.In addition to the attached two-car garage, there is an electric side gate with access to the golf cart garage, providing added flexibility for a golf cart, storage, or recreational toys.This is more than a home—it’s a rare opportunity to enjoy the relaxed, resort-style lifestyle that Canyon Lake is known for.
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 | 4,000 | 2,648 |
| Lot Size | 13,939 | 7,405 |
| Price | $1.85M | $763.2K |
| Price per sq ft | $462 | $356 |
| Built year | 1974 | 1984 |
| HOA | $340.0 | $350 |
| Days on market | 21 | 84 |
Jul 1, 2026
$1,849,000
Initial Listing
Nov 28, 2017
$955,000
Public Record
Oct 17, 2017
$955,000
Public Record
Nov 29, 2012
$700,000
Public Record
Oct 18, 1996
$335,000
Public Record