
Canyon Lake, California 92587
This Custom Waterfront Estate is listed at $1,250,000, representing a premium lifestyle asset compared to its $1,100,966 Fair Market Value. Boasting a Good Condition Rating, the residence features a Main Lake Location with a Private Boat Dock, Pool, and Spa. A significant value-add component is the 2,500 SqFt of Unfinished Space, offering massive potential for a custom ADU or workshop. Situated in the Lake Elsinore Unified district, this property offers a rare blend of turnkey luxury and expansion upside. It is ideal for Owner-Occupants or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30594 Longhorn Drive Subject | $1,250,000* List Price | 4 | 5 | 3,282 | $335 | - |
A 22711 Inspiration Sold | $962,000 | 5 | 4 | 3,505 | $274 | 0.5 mi |
B 30525 Greenbrook Place Sold | $1,075,000 | 4 | 4 | 3,500 | $307 | 1.0 mi |
C 22430 Canyon Lake Drive S Sold | $1,300,000 | 5 | 4 | 3,682 | $353 | 0.7 mi |
D 22731 Canyon Lake Drive Active | $949,900 List Price | 4 | 4 | 2,889 | $329 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this 19-year-old home falls within the 10-20 year range for 'Good' condition. It is exceptionally well-maintained by the original owner and move-in ready. While the kitchen and bathrooms feature original finishes, they are high-quality (granite, custom cabinetry) and fully functional. The property also boasts significant recent system upgrades, including a 2022 solar system with backup batteries and a newer HVAC unit.
Ideally positioned on the main lake with unobstructed views of Skipper’s Island, featuring a private covered boat dock with lift and a resort-style pool and spa.
Includes approximately 2,500 SqFt of unfinished lower-level space and a separate entrance, offering a rare opportunity to create an ADU, studio, or massive custom workshop.
Features a high-clearance 3-car garage designed for RV or boat storage plus an additional extra-long 1-car garage, catering perfectly to the lake lifestyle.
The solar system and backup batteries must be assumed by the buyer at a fixed cost of $270 per month, which may impact the buyer's monthly debt-to-income ratio.
While the unfinished lower level offers potential, it requires substantial capital investment and construction to transform the raw space into functional living area.
Welcome to lakefront living in the gated community of Canyon Lake! Ideally positioned on the main lake with unobstructed views of Skipper’s Island and the annual fireworks display. This custom-built, original-owner, waterfront pool home blends timeless design with everyday comfort and limitless potential. Showcasing architectural charm throughout—iron railings, archways, recessed ceilings, and crown molding—this home offers desirable single-level living on the main floor with three bedrooms, a private office, and a spacious primary suite. The open-concept kitchen features granite countertops, a walk-in pantry, double ovens, raised dishwasher, breakfast bar, and an island perfect for entertaining. It flows seamlessly into the dining and living areas, where a wood-burning fireplace and panoramic lake views create a warm, inviting space. Step onto the balcony to enjoy morning coffee or evening sunsets over the water. The primary suite includes a spa-like bath with jetted tub, walk-in shower, dual sinks, and a large walk-in closet. Two additional bedrooms, a full and half bath, and office/den complete the main level. A spiral staircase leads to a private upper retreat with its own balcony, half bath, storage, and rooftop deck. The lower level offers exceptional flexibility with a separate entrance—ideal for a potential ADU, workshop, or recording studio. It includes a finished 500 SqFt (estimated) bonus room with backyard and pool access, a half bath with room for a shower, walk-in closet, and approximately 2,500 SqFt of unfinished space ready to customize, plus access to a one-car garage. Outdoors, enjoy a private resort-style setting with lush landscaping, patio, pool, spa, and a covered boat dock with lift. The Spacious 3-car garage with roll-up door is long & tall enough to be used for an RV or boat storage + an additional car or 3 cars (2 tandem style) and a separate extra long 1-car garage on a downslope with storage. Additional highlights include solar with backup batteries installed in 2022 (to be assumed by buyer at $270/month), newer HVAC, central vacuum, ceiling fans, and solar pool heating. This exceptional waterfront home offers the perfect blend of comfort, versatility, and location—ideal for enjoying lake life year-round. Enjoy access to Canyon Lake’s premier amenities ie: boating, 18-hole golf course, community restaurants, tennis/pickleball courts, skate park/pump track, equestrian center, baseball field, and multiple parks and beaches.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 5.0 | 3.0 | 96% |
| Square foot | 3,282 | 2,215 | 85% |
| Lot Size | 6,970 | 7,841 | 26% |
| Price | $1.25M | $687.5K | 92% |
| Price per sq ft | $381 | $349 | 60% |
| Built year | 2005 | 1987 | 79% |
| HOA | $355.0 | $350 | 81% |
| Days on market | 0 | 189 | 1% |
Apr 17, 2026
$1,250,000
Initial Listing
Jul 22, 2003
$300,000
Public Record
Sep 29, 1997
$105,000
Public Record