
Canyon Lake, California 92587
This Stunning Move-In Ready Estate is listed at $1,675,000, reflecting a stable price point aligned with its Fair Market Value. Featuring a fully renovated 4,048 sq. ft. interior, a gourmet kitchen, and a 46-panel solar system, the property boasts an Excellent Condition Rating requiring no immediate capital expenditure. Situated on a 3.28-acre lot in the exclusive Canyon Lake Estates, it offers rare panoramic lake views and versatile equestrian-zoned land. This property provides a perfect balance of luxury and utility, making it an ideal acquisition for discerning luxury homeowners or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30990 Blackhorse Drive Subject | $1,675,000* List Price | 4 | 5 | 4,048 | $414 | - |
A 30861 Blackhorse Drive Sold | $1,400,000 | 4 | 3 | 3,000 | $467 | 0.2 mi |
B 30931 Blackhorse Active Under Contract | $1,450,000 List Price | 3 | 3 | 3,453 | $420 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property has been fully renovated with high-end finishes. The gourmet kitchen features modern cabinetry and stainless appliances, bathrooms are completely updated with contemporary tile and fixtures, and the home includes a 46-panel solar system, placing it in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 142877, living area = 4048.
Situated on 3.28 acres, this property uniquely combines panoramic lake views with significant flat, usable land, offering rare versatility for equestrian use, vineyards, or additional construction.
The home includes a fully paid-off 46-panel solar system grandfathered into Net Metering 2.0, providing substantial long-term utility savings and locked-in credits no longer available to new owners.
With 330 days on the market, the property has significantly exceeded average selling times, which may lead to buyer hesitation or concerns regarding its market positioning.
A history of multiple price fluctuations and a recent increase back to the original list price may create challenges during appraisal or negotiations with savvy buyers.
Welcome to this exceptional 4,048 sq. ft. home, fully renovated and situated on a sprawling 3.28-acre lot in the prestigious Canyon Lake Estates. This exclusive community boasts only 18 acreage estates, offering both privacy and luxury living with no close neighbors. Featuring 4 spacious bedrooms and 4.5 bathrooms, this home is designed for comfort and elegance. Two master suites—one on each floor—provide convenience, while the additional two bedrooms come with their own private bathrooms, ensuring privacy for all family members or guests. The heart of the home is the gourmet kitchen, perfect for entertaining. It includes two sinks, two dishwashers, and a 48" built-in refrigerator, catering to the needs of any chef. The home also offers a formal dining area, a cozy reading room, and a dedicated office space, ensuring ample room for both relaxation and productivity. The property’s unique layout includes two living rooms, one on each floor, allowing for versatile living spaces. The front yard features an oversized driveway and RV parking, providing plenty of room for all your recreational vehicles and toys. Included in the price is a 46-panel, fully paid-off solar system grandfathered into Net Metering 2.0, delivering long-term energy savings and locked-in utility credits no longer available under current programs. Step outside to breathtaking views from both stories, overlooking serene Canyon Lake. What sets this property apart from the rest in Canyon Lake Estates is its rare combination of spectacular views and flat land suitable for building. While most homes in the Estates either have a view with no flat land or flat land with no view, this home offers the best of both worlds. The expansive flat areas are perfect for building additional structures, a pool, or sport courts, while the gently rolling hills present an ideal opportunity to grow a vineyard. Zoned for horses and other animals, there is ample space to build a barn, stables, and horse arenas. An easement at the bottom of the parcel offers flexible access and a multitude of options for use. Whether you envision a tranquil retreat or an active lifestyle, this property can accommodate it all. This unique home combines luxury, functionality, and the beauty of nature, making it a rare find in the coveted Canyon Lake Estates. Don’t miss the opportunity to own a piece of this exclusive community with some of the best views, ultimate privacy, and versatile land options available.
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 | 4,048 | 2,648 |
| Lot Size | 142,877 | 7,405 |
| Price | $1.68M | $763.2K |
| Price per sq ft | $414 | $356 |
| Built year | 1980 | 1984 |
| HOA | $335.0 | $350 |
| Days on market | 338 | 84 |
Jun 2, 2026
$1,675,000
$1,595,000
+5% Price Increase
Initial Listing
Oct 7, 2025
$1,595,000
$1,597,000
+0% Price Increase
Initial Listing
Sep 19, 2025
$1,597,000
$1,598,000
+0% Price Increase
Initial Listing
Sep 17, 2025
$1,598,000
$1,599,000
+0% Price Increase
Initial Listing
Sep 3, 2025
$1,599,000
$1,649,000
-3% Price Drop
Initial Listing
Aug 29, 2025
$1,649,000
$1,675,000
-2% Price Drop
Initial Listing
Aug 18, 2025
$1,675,000
Initial Listing