
Canyon Lake, California 92587
This Custom Waterfront Estate is listed at $1,250,000, representing a premium asset compared to its $1,100,966 Fair Market Value to account for its rare main-lake position and expansion potential. Boasting a Good Condition Rating, the home features a Granite Kitchen, Private Boat Dock, and a Solar-Heated Pool with unobstructed panoramic views. The property offers significant value-add potential through 1,500+/- sqft of unfinished lower-level space and a 2022 40-Panel Solar System. Situated within the Lake Elsinore Unified district, this residence is an ideal match for Lifestyle-Focused Buyers or Owner-Occupants seeking a customizable waterfront sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30594 Longhorn Drive Subject | $1,175,000* List Price | 4 | 5 | 2,782 | $393 | - |
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 30026 Big Range Sold | $985,000 | 3 | 3 | 2,585 | $381 | 0.6 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 property fits the 10-20 year age bracket for 'Good' condition. The kitchen and bathrooms feature original custom finishes that are well-maintained and functional, though stylistically dated. The home boasts significant recent system upgrades, including a 2022 solar and battery backup system and newer HVAC, ensuring it is move-in ready.
Ideally positioned on the main lake with unobstructed views of Skipper’s Island, this property includes a private covered boat dock with a lift, offering the ultimate lakefront lifestyle.
The lower level features 1,500+/- sqft of unfinished space and a separate entrance, providing a rare opportunity to significantly increase square footage or create a high-end ADU/rental unit.
The home is equipped with a robust 40-panel solar system and three backup batteries installed in 2022, ensuring energy efficiency and power security for the entire estate.
The buyer must assume a $270 monthly solar payment, which increases the fixed monthly carrying costs in addition to the standard association fees.
While offering potential, the large volume of unfinished lower-level space requires significant capital investment and construction management to be fully utilized.
ACCEPTING BACKUP OFFERS! CALL FOR A SHOWING APPOINTMENT. 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 400 +/- SqFt (estimated) bonus room with backyard and pool access, a half bath with space for a shower/tub, walk-in closet, and approximately 1,500+/- SqFt of unfinished space ready to customize, plus access to a one car garage. 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) and separate extra long 1 car garage on a downslope with storage. Additional highlights include 40 solar panels with 3 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 2,782 | 2,648 |
| Lot Size | 6,970 | 7,405 |
| Price | $1.18M | $763.2K |
| Price per sq ft | $422 | $356 |
| Built year | 2005 | 1984 |
| HOA | $355.0 | $350 |
| Days on market | 96 | 84 |
May 23, 2026
$1,175,000
$1,250,000
-6% Price Drop
Initial Listing
Apr 17, 2026
$1,250,000
Initial Listing
Jul 22, 2003
$300,000
Public Record
Sep 29, 1997
$105,000
Public Record