30861 Blackhorse Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 3 bath

30861 Blackhorse Drive, Canyon Lake, California 92587 home-pic-0

30861 Blackhorse Drive

Canyon Lake, California 92587

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
3,000Sq Ft
103,672.797Lot Size

Property Price

LIST PRICE$1,995,000
EST. MARKET VALUE
$1,883,192
5% AboveMARKET VALUE

SUMMARY

Analysis of 30861 Blackhorse Drive, Canyon Lake, California 92587 reveals a property with a current list price of $1,995,000, which is 5% above the estimated $1,883,192 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Canyon Lake Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,883,192
Based on Realkey algorithm analyzing recent comparable sales in Canyon Lake.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
30861 Blackhorse Drive
Subject
$1,995,000*
List Price
433,000$628-
A
30325 Cove View St
Active
$1,725,000
List Price
433,158$5460.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property underwent an extensive interior and exterior renovation in 2020, placing it within the 5-year window for excellent condition. It features high-end modern finishes including porcelain slab countertops, premium Dacor appliances, oversized porcelain tile flooring, and a new roof. The addition of a luxury double negative-edge pool and a 1,600 sq ft Trex deck further confirms its status as a fully updated, move-in ready estate with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    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.

  • Extensive Modern Renovations

    Completely remodeled in 2020, the residence features high-end finishes including porcelain slab countertops, premium Dacor appliances, and a new roof, offering a turn-key luxury experience.

  • Resort-Style Outdoor Living

    The property features a stunning double negative-edge pool, a 1,600 sq ft Trex deck, and a fully equipped outdoor kitchen, all designed to maximize the panoramic canyon and lake views.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2536.

  • Limited Bathroom Count

    For a 3,000 sq ft luxury estate with four bedrooms, the 2.5-bathroom configuration may be considered low for high-end buyer expectations and large families.

  • Location Outside Guard-Gated Section

    Being situated outside the primary guard-gated portion of Canyon Lake may result in a perceived lack of the community's signature security and exclusivity for some buyers.

About 30861 Blackhorse Drive

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
103,672.797 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$350.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
62%
Baths3.03.0
50%
Square foot3,0002,213
82%
Lot Size103,672.7978,276
98%
Price$2.00M$685.0K
95%
Price per sq ft$665$349
98%
Built year19791987
27%
HOA$350.0$350
50%
Days on market4189
1%

Pricing History

Listed for Sale

Mar 3, 2026

$1,995,000

Initial Listing

Sold

Oct 31, 2012

$390,000

Public Record

Sold

Jul 29, 2005

$810,000

Public Record

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