31502 Emperor Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 3 bath

31502 Emperor Drive, Canyon Lake, California 92587 home-pic-0
ACTIVE$1,100,000
31502 Emperor Drive, Canyon Lake, California 92587
4Beds
3Baths
3,089Sqft
10,454Lot
Year Built
1992
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$356
HOA
$345
Days on market
-
Sold On
-
MLS number
SW25113732
Home ConditionExcellent
Features
Good View: Hills, Lake, Mountain(s), Neighborhood, Pool, Trees/Woods
Pool
Spa
Patio
ViewHills, Lake, Mountain(s), Neighborhood, Pool, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.10M(83th), sqft - 3089(82th), beds - 4(62th), baths - 3(50th).

Exceptional and unlike anything else on the market, this truly one of a kind farm style property has been completely transformed with over $300,000 in upgrades, just wrapping up a five-year renovation. Located in the guard gated community of Canyon Lake, this exquisite pool home offers designer high-end finishes, RV and boat parking, owned solar, and lake views. This stunning 3000 sqft property offers 4 bedrooms, 3 full baths, a traditional layout, two staircases and a 3-car garage. The interior is appointed with LVP floors, plantation shutters, high baseboards, crown molding, custom interior paint, custom lighting and wood working throughout. The main floor boasts a formal living area flowing into the family room offering a shiplapped fireplace and is open to a private seating area featuring a wine fridge and wrought iron staircase to the 2nd floor. The kitchen has been transformed with stainless steel appliances including a gas stove, two toned soft close cabinets, large island with quartz counters, subway tile backsplash, farm sink, and is open to the large dining room with custom built-ins and access to a private courtyard. The main floor also features an in-law area with a living area, barn door for privacy, one bedroom and a fully remodeled bathroom boasting custom tiled shower and single vanity. The large laundry room boasts tons of storage, a wash sink, subway tile backsplash and quartz counters. Access to the three-car garage is on the way to the second story via the main staircase which boasts a lift for attic access. The second story features two more spacious secondary bedrooms, an open office with built-in desks and shelves and a whole house fan. An amazing secondary bath is appointed with honeycomb tiled floors and shower, free standing tub and new lighting. The large primary bedroom boasts a shiplap accent wall, en-suite with lake views, and a large walk-in closet with custom built-ins. The breath-taking primary bath offers grey cabinets, and a custom shower with three shower heads, porcelain tile floors and walls and a free-standing tub. The private oasis offers a large CA room, stamped concrete, pavers, refinished saltwater pebble tech pool and above ground spa, built-in BBQ with eat-up bar, fruit trees and tons of privacy trees. This list goes on, see attached upgrades for more. Canyon Lake offers a private lake, golf course, horse amenities, sports courts, club house, country club, pool, baseball field, skate park and beaches.

Condition Rating
Excellent

Despite being built in 1992, this property has undergone an extensive, five-year, $300,000 renovation that just concluded, making it virtually new. The kitchen features modern stainless steel appliances, two-toned soft-close cabinets, quartz counters, and a subway tile backsplash. Bathrooms are fully remodeled with custom tiling, free-standing tubs, and new lighting, including a primary bath with three shower heads. High-end finishes, LVP flooring, custom lighting, and owned solar further contribute to its excellent, move-in ready condition.
Pros & Cons

Pros

Extensive High-End Renovation: The property has undergone a five-year, $300,000 renovation, featuring designer high-end finishes, LVP floors, custom lighting, and woodworking throughout, offering a truly transformed and modern living space.
Premium Gated Community & Amenities: Located within the guard-gated Canyon Lake community, residents enjoy exclusive access to a private lake, golf course, equestrian facilities, sports courts, clubhouse, and beaches, providing a resort-like lifestyle.
Exceptional Outdoor Entertainment Oasis: The private oasis includes a refinished saltwater pebble tech pool, above-ground spa, built-in BBQ with an eat-up bar, a large California room, and mature privacy trees, ideal for entertaining and relaxation.
Versatile Living Spaces: The home features a functional layout with a dedicated main-floor in-law suite, an open office with built-ins, and a traditional floor plan with two staircases, catering to diverse family needs.
Valuable Practical Features: Key practical advantages include owned solar panels for energy efficiency, ample RV and boat parking, and a spacious 3-car garage, adding significant utility and value.

Cons

Significant Price Discrepancy: The listing price of $1.1 million is considerably higher than the estimated property value of $691,052.7, which may require strong justification to potential buyers and could impact market competitiveness.
High Monthly Association Fees: A recurring monthly association fee of $345.0 adds to the overall cost of ownership, which could be a consideration for budget-conscious buyers.
Original Build Year: Despite extensive renovations, the property's original build year of 1992 means some underlying infrastructure may be older, potentially leading to unforeseen maintenance needs compared to newer constructions.

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