
Canyon Lake, California 92587
This Stunning Canyon Lake Estates Retreat is a premier Move-In Ready Home listed at $1,995,000, representing a high-end lifestyle investment aligned with its $1,883,193 Fair Market Value. Boasting an Excellent Condition Rating after a comprehensive 2020 remodel, the estate features premium Dacor appliances and a double negative-edge pool capturing panoramic canyon and lake views. The 2.5-acre grounds offer a versatile 1,200 sqft detached shop/ADU space and a 1,600 sqft Trex deck. Located in the Lake Elsinore Unified district, this sanctuary is the perfect fit for luxury homebuyers or Owner-Occupants seeking a private, resort-style compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30861 Blackhorse Drive Subject | $1,495,000* List Price | 4 | 3 | 3,000 | $510 | - |
A 30931 Blackhorse Active | $1,450,000 List Price | 3 | 3 | 3,453 | $420 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive interior and exterior remodel in 2020, meeting the criteria for extensive renovation within the last 5 years. It features high-end finishes including premium Dacor appliances, porcelain slab countertops, oversized porcelain tile flooring, and a new roof. The addition of a double negative-edge pool, a 1,600 sq ft Trex deck, and a modern detached shop/ADU space confirms the home is in like-new condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 103672, living area = 3000.
The main residence was completely overhauled in 2020 with high-end finishes, including Dacor appliances, oversized porcelain tile flooring, and a new roof, offering a turnkey, modern living experience.
The property features a massive two-story detached structure with 1,200 sqft of shop space and an upper level ideal for an ADU or home business, supported by 8,000 sqft of level parking for RVs and boats.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2536.
Being situated outside the primary guard-gated section of Canyon Lake may be perceived as a drawback for buyers seeking the maximum level of community-controlled security and prestige.
For a 3,000 sqft luxury estate with four bedrooms, the 2.5-bathroom configuration is somewhat undersized, which may be a point of friction for large families or high-end buyers expecting more en-suite options.
Stunning Canyon Lake Estates Retreat with Panoramic Views. Welcome to 30861 Black Horse Dr. in the desirable community of Canyon Lake Estates. A private 2.5-acre retreat offering luxury upgrades, breathtaking canyon views, and true resort-style living. Situated behind an automatic gated entrance and fully fenced for privacy, this exceptional estate welcomes you with a new 6-inch thick, 300-foot concrete driveway leading to the expansive grounds with 8,000 square feet of level concrete parking perfect for guests, RVs, boats, or car enthusiasts. The Main Residence has been completely remodeled inside and out in 2020, the 3000 sq ft single-story home blends modern elegance with timeless design. Featuring 4 spacious bedrooms and 2.5 bathrooms, the thoughtfully designed open-concept layout is ideal for both everyday living and entertaining. High-end upgrades include: New roof, Smooth texture drywall throughout, Santa Barbara-style stucco exterior, Oversized 2’ x 4’ porcelain tile flooring, porcelain countertop slabs throughout kitchen and baths, Premium Decor appliances and a Seamless indoor-outdoor flow with an attached 3-car garage adding convenience and functionality. Step into your private backyard oasis featuring a stunning double negative-edge pool that captures sweeping canyon views. The expansive 1,600 sq ft Trex deck offers incredible space for gatherings, relaxing evenings, and taking in the scenery. The outdoor living area, completed in 2020, includes generous patio space and a fully equipped outdoor kitchen — designed for year-round Southern California entertaining. A standout feature of the property is the impressive two-story detached structure, fully drywalled and loaded with possibilities. The lower level offers 1200 sqft of expansive shop space, while the upper level provides potential for an ADU, guest quarters, rental income opportunity, studio, or home business. Paid for solar and natural gas offers reduced annual expenses. Enjoy private lake access, boating, golf, parks, dining, and recreational amenities — while still experiencing the peace and privacy of estate-style living outside the guard-gated section. This is a rare opportunity to own a fully upgraded property offering land, views, luxury finishes, versatility, and privacy in one of the area’s most sought-after communities. Estate living with room to grow — and views you’ll never want to leave.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,000 | 2,215 | 82% |
| Lot Size | 103,672.797 | 7,841 | 98% |
| Price | $1.50M | $687.5K | 95% |
| Price per sq ft | $498 | $349 | 92% |
| Built year | 1979 | 1986 | 24% |
| HOA | $350.0 | $350 | 50% |
| Days on market | 50 | 189 | 2% |
Apr 11, 2026
$1,495,000
$1,695,000
-12% Price Drop
Initial Listing
Apr 5, 2026
$1,695,000
$1,995,000
-15% Price Drop
Initial Listing
Mar 3, 2026
$1,995,000
Initial Listing
Oct 31, 2012
$390,000
Public Record
Jul 29, 2005
$810,000
Public Record