
Canyon Lake, California 92587
This Modernized Golf Course Estate represents a strategic value-add opportunity, listed at $859,000 and positioned near its $813,553 Fair Market Value. Boasting a Mint Condition Rating following recent high-end upgrades, the residence features a designer quartz kitchen with a 10-seat island and panoramic golf course views. The property offers significant income potential through a finished lower-level space designed for an ADU/Casita and additional framed-out basement area for square footage expansion. Located in the Lake Elsinore Unified district, this is the premier choice for Owner-Occupants seeking a "house-hack" or Multi-Generational Families requiring flexible living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30823 Early Round Subject | $859,000* List Price | 3 | 3 | 2,655 | $306 | - |
A 30520 Cinnamon Teal Sold | $765,000 | 3 | 3 | 2,189 | $349 | 1.0 mi |
B 29707 Yellow Gold Drive Sold | $745,000 | 4 | 3 | 2,517 | $296 | 1.0 mi |
C 22335 Loch Lomond Drive Sold | $735,000 | 3 | 3 | 2,814 | $261 | 0.5 mi |
D 29731 Bonanza Place Sold | $685,000 | 3 | 2 | 2,310 | $297 | 1.0 mi |
E 22552 Canyon Club Sold | $675,000 | 4 | 3 | 2,572 | $262 | 0.7 mi |
F 30201 Spray Drive Sold | $965,000 | 3 | 2 | 2,339 | $413 | 0.9 mi |
G 22731 Canyon Lake Drive Active | $949,900 List Price | 4 | 4 | 2,889 | $329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1996, the property has undergone a comprehensive modern renovation within the last 5 years. It features high-end quartz countertops in the kitchen and all bathrooms, updated stainless steel appliances, and contemporary wide-plank flooring throughout. The interior is in mint, move-in-ready condition with no visible deferred maintenance.
The property features a finished lower-level space with a private entrance and full bath, offering an ideal footprint for an ADU or casita to generate rental income or accommodate multi-generational living.
Ideally situated facing the Canyon Lake country club and back greens, the home offers exceptional panoramic views of the golf course, surrounding hills, and city lights.
The street-level floor plan includes all three bedrooms and a highly upgraded kitchen with quartz countertops and a massive 10-seat island, providing a contemporary feel with single-story accessibility.
The additional framed-out basement space requires significant construction and investment to fully realize the home's potential square footage, which may deter non-contractor buyers.
The $360 monthly association fee adds a consistent carrying cost that, while providing community amenities, may impact the overall affordability for budget-conscious purchasers.
Golf course view home with a downstairs room that can easily be made into an ADU/casita for mulit-generational living or rental income property. This property is amazing with its location facing Canyon Lake's country club and back greens. You'll enjoy the city lights below at night and take in the hills and the golf course in the day. At street level there are three bedrooms with no stairs. This home is highly upgraded with quartz countertops in the kitchen and baths and has that modern feel. Lots of windows make this view home even more desirable. The expansive kitchen has an island that seats 10. There is also a space for an office next to the kitchen area that faces the golf course and has room for multiple desks. The fire place is in the center of the house and will warm you through the cold winter evenings. Plenty of room to spread out with this oversized living room. The balcony offers areas for dining and entertaining with nature decorating the landscape of the hills for privacy. This home also features indoor laundry and a 3 car garage. There is a staircase that leads downstairs to a finished large room that can be used as a game room or can be turned into an apartment/casita/ADU for the in-laws or for additional income. It has it's own outside entry and a full bathroom with room for a kitchen and studio type bedroom. The house has been rented by the owner from two different tenants so this kind of set up can also work for you. The downstairs also has framed out additional basement space to expand and make this house huge! It's a contractors dream! This house is definitely worth seeing and has mulitiple possibilities. Come and make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,655 | 2,215 | 73% |
| Lot Size | 7,405 | 7,841 | 43% |
| Price | $859.0K | $687.5K | 67% |
| Price per sq ft | $324 | $349 | 39% |
| Built year | 1996 | 1987 | 72% |
| HOA | $360.0 | $350 | 88% |
| Days on market | 6 | 189 | 1% |
Apr 16, 2026
$859,000
Initial Listing
Dec 7, 2021
$610,000
Public Record
Nov 19, 1996
$259,500
Public Record