
Canyon Lake, California 92587
This Renovated Waterfront Residence is listed at $979,900, representing a stable and fair valuation for a premium location compared to its $968,242 Fair Market Value. Boasting an Excellent Condition Rating, the home features a fully modernized interior with New LVP Flooring, updated bathrooms, and a refurbished Private Dock on 70 feet of main channel frontage. Located within the Lake Elsinore Unified District, the property offers immediate resort-style living with significant expansion potential on its oversized lot. This turnkey sanctuary is perfectly suited for Lifestyle-Oriented Homeowners or Active Families seeking a move-in-ready lakefront estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30449 Sea Horse Subject | $979,900* List Price | 3 | 2 | 1,503 | $644 | - |
A 30208 Lands End Place Sold | $899,999 | 3 | 2 | 1,511 | $596 | 0.3 mi |
B 30205 Channel Way Active | $915,000 List Price | 3 | 2 | 1,530 | $598 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1977, the property has undergone an extensive recent renovation that meets the 'excellent' criteria. The interior features brand new LVP flooring, new carpets, and fully modernized bathrooms with contemporary cabinetry, stone countertops, and updated fixtures. Major systems have been addressed, including new attic ductwork and a new electric water heater, alongside fresh interior and exterior paint. The property is in move-in-ready condition with high-quality modern finishes and no apparent deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1503.
Situated on 70 feet of main channel waterfront in the desirable East Bay, offering exceptional lake views and direct access for boating and recreation.
The home is move-in ready with brand new LVP flooring, updated bathrooms, fresh paint, and major system improvements including a serviced HVAC and new water heater.
With only 1,503 square feet of living space, the current home may feel small for buyers seeking a luxury-sized waterfront residence without undergoing expansion.
Despite the extensive cosmetic refreshes, the original 1977 construction may still possess layout or structural limitations typical of its era.
Welcome to one of the most sought-after locations on Canyon Lake’s East Bay—where prime waterfront positioning and wide-open lake views take center stage. Situated on 70 feet of main channel waterfront, this property offers incredible views and direct access to everything Canyon Lake living is about—boating, relaxing, and enjoying one of the best stretches of water in the community. The home has been extensively refreshed and upgraded throughout. Inside, you’ll find brand new LVP flooring, new carpet in the bedrooms, and fully updated interior finishes including new doors, hardware, baseboards, and casing. The bathrooms have been tastefully updated, while electrical plugs and switches have been modernized for a clean, move-in-ready feel. Major system improvements have already been handled for peace of mind, including new attic ductwork, a recently serviced HVAC system, and a new electric water heater. The roof has been professionally cleaned and inspected, and both the interior and exterior wood surfaces have been freshly painted. Step outside and the property continues to impress. The refurbished dock with brand new aluminum ramps offers easy access to the water, while the rear deck has been waterproofed and enhanced with newly built storage rooms below—maximizing both function and usability. Beyond what’s already here, the true upside is in the future potential. The lot offers a rare buildable footprint that allows for over 2,500 square feet of single-story living with a 3-car garage—or even more with a second story—making this an ideal opportunity for someone looking to expand or create a custom waterfront estate. This is a prime East Bay location—updated, well-maintained, and positioned in one of Canyon Lake’s most desirable waterfront settings. Location. Lifestyle. Opportunity. This one checks all three.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,503 | 2,198 | 18% |
| Lot Size | 7,405 | 7,841 | 43% |
| Price | $979.9K | $690.0K | 78% |
| Price per sq ft | $652 | $349 | 97% |
| Built year | 1977 | 1986 | 18% |
| HOA | $345.0 | $350 | 39% |
| Days on market | 26 | 190 | 2% |
Mar 27, 2026
$979,900
Initial Listing
Mar 4, 2020
$540,000
Public Record