
Canyon Lake, California 92587
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $595,000—positioned well below the $625,028 Fair Market Value by 4%. This valuation gap offers $30,028 in Instant Equity for the buyer. With a Mint Condition Rating, the home features a remodeled primary suite, LVP flooring, and a 240V EV charger. Located in the gated Canyon Lake community, it offers a resort-style lifestyle. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30833 Burning Tree Drive Subject | $595,000* List Price | 3 | 2 | 1,875 | $333 | - |
A 30817 Long Point Sold | $580,000 | 3 | 2 | 1,866 | $311 | 0.2 mi |
B 30712 Pyramid Point Sold | $575,000 | 3 | 2 | 1,802 | $319 | 0.1 mi |
C 30698 Long Point Sold | $597,675 | 3 | 2 | 1,825 | $327 | 0.3 mi |
D 30998 Emperor Sold | $580,000 | 3 | 2 | 1,766 | $328 | 0.5 mi |
E 22587 Canyon Lake S Sold | $614,000 | 3 | 2 | 1,729 | $355 | 0.9 mi |
F 23417 Continental Sold | $665,000 | 3 | 2 | 1,773 | $375 | 0.5 mi |
G 30550 Cinnamon Teal Sold | $590,000 | 3 | 2 | 1,643 | $359 | 0.6 mi |
H 22635 Canyon Lake S Sold | $685,000 | 4 | 3 | 2,280 | $300 | 0.6 mi |
I 22982 Canyon Lake S Active Under Contract | $674,900 List Price | 3 | 2 | 1,963 | $344 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features extensive recent renovations including a new HVAC system and LVP flooring installed less than two years ago, a fully remodeled primary bathroom, and a 2023 exterior paint job. The kitchen is updated with granite countertops and stainless steel appliances, and the inclusion of a 240V EV charger indicates modernized electrical systems, meeting the criteria for a mint-condition, move-in ready home.
The home features significant recent upgrades including a new AC system, LVP flooring, and a fully remodeled primary suite, providing immediate value and reducing near-term maintenance concerns.
Equipped with a three-car garage, a 240-volt EV charger, and dedicated space for RV or boat parking, this property perfectly accommodates the recreational needs of the Canyon Lake community.
Residents enjoy a resort-style lifestyle with access to a private lake, golf course, and equestrian center, further enhanced by a low tax rate and the absence of Mello-Roos fees.
With a construction date of 1989, certain original structural elements or major systems not mentioned as updated may be nearing the end of their functional lifespan.
The monthly association fee of $367 represents a substantial recurring expense that buyers must factor into their long-term affordability and monthly debt-to-income ratio.
Welcome to this beautifully updated single level home tucked inside the gated, golf cart friendly community of Canyon Lake, where everyday living feels like a vacation. This spacious three-bedroom residence offers an inviting blend of comfort and style, beginning with oversized secondary bedrooms, vaulted ceilings, ceiling fans in all rooms and upgraded windows. The primary suite provides a peaceful retreat with a walk-in closet and a private bathroom that’s been beautifully remodeled and includes a walk-in shower and double sink vanity. For added comfort the air conditioning and LVP flooring were installed less than two years ago, a new shower/tub was recently installed in the secondary bath. The kitchen is designed for both function and charm, featuring granite countertops, stainless steel appliances, a farm sink, and a convenient pantry. There are many thoughtful touches in this home, like recessed lighting, built ins and a barn door accent. Outside is a private backyard perfect for entertaining and large enough to build your future pool. The exterior was painted in 2023, there’s a 240-volt electric vehicle charger installed in your three-car garage, the driveway is long enough for dedicated boat or RV parking making this home ideal for those who love space, storage and adventure. Living in Canyon Lake means embracing a lifestyle unlike any other. This property is part of a private, 24/7 gated community, and offers a 524-acre lake for boating, water skiing, sailing, and fishing. Additional HOA amenities include pools, clubhouse, tennis, pickleball, equestrian center, golf course, beaches, parks and an amphitheater. You will love holidays in this community with year-round parades for all occasions! Enjoy the benefits of LOW TAX RATE and NO MELLO-ROOS!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,875 | 2,648 |
| Lot Size | 7,405 | 7,405 |
| Price | $595.0K | $763.2K |
| Price per sq ft | $317 | $356 |
| Built year | 1989 | 1984 |
| HOA | $367.0 | $350 |
| Days on market | 12 | 84 |
Jul 10, 2026
$595,000
Initial Listing
Aug 27, 2018
$392,500
Public Record
Dec 12, 2014
$315,000
Public Record
Mar 28, 2012
$202,000
Public Record
Mar 28, 2002
$250,000
Public Record