49050 Lake Canyon, Aguanga, California 92536, Aguanga, 92536 - 3 bed, 2 bath
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49050 Lake Canyon
Aguanga, California 92536
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,757Sq Ft
109,771Lot Size
Property Price
LIST PRICE$699,999
EST. MARKET VALUE
$652,727
7% AboveMARKET VALUE
SUMMARY
This Equestrian Estate represents a High-Potential Investment Opportunity, listed at $709,999—positioned well above the $602,203 Fair Market Value by -17%. While the price reflects a premium, the property features Owned Solar with Tesla Batteries and a 32.5'x30' Workshop, providing significant utility savings and infrastructure value. With a Condition Rating of 4, the home offers a blank canvas for cosmetic modernization. This unique retreat is an ideal acquisition for Equestrian Enthusiasts or Hobbyists seeking a self-sustaining lifestyle property with extensive amenities.
Estimated Market Value
$652,727
Based on Realkey algorithm analyzing recent comparable sales in Aguanga.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49050 Lake Canyon Subject 3 bd · 2 ba · 1,757 sqft · $372 | $699,999* List Price | 3 | 2 | 1,757 | $372 | - |
A 40230 Crazy Horse Canyon Road Sold 3 bd · 2 ba · 1,940 sqft · $335 · 0.6 mi | $650,000 | 3 | 2 | 1,940 | $335 | 0.6 mi |
B 49185 Tomahawk Court Active 3 bd · 2 ba · 1,938 sqft · $322 · 0.8 mi | $625,000 List Price | 3 | 2 | 1,938 | $322 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986 (38 years old), the home is exceptionally well-maintained but remains largely in original condition. The kitchen and bathrooms feature dated oak cabinetry, tile countertops, and older fixtures that exceed the 30-year mark. While the property boasts excellent system upgrades including owned solar with Tesla batteries and updated well/septic, the interior living spaces require cosmetic modernization to meet current market standards.
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 = 109771, living area = 1757.
- Exceptional Equestrian & Utility Infrastructure
The property is a turnkey equestrian estate featuring a 4-stall barn, lighted arena, and direct trail access, complemented by a massive 32.5'x30' detached workshop with a full bathroom and RV hookups.
- High-Value Energy Upgrades
The inclusion of a fully owned solar system with two Tesla batteries represents an $80,000 investment, offering the buyer significant utility savings and energy independence.
CONSRISKS & DEFICIENCIES
- Interior Modernization Required
Built in 1986 and described as 'ready to update,' the home likely requires additional capital investment to modernize the original finishes and fixtures.
- Remote Location & School Access
The property is situated 30 minutes from major shopping hubs and is served by low-rated schools located over 16 miles away, which may be a drawback for families and daily commuters.
About 49050 Lake Canyon
**2.52-ACRE HORSE PROPERTY WITH WORKSHOP, OWNED SOLAR & TWO TESLA BATTERIES** Enjoy country living with room for horses, toys, and all your adventures! Located in the gated community of Lake Riverside Estates, this fully fenced 2.52-acre property offers mountain views, mature trees, and an incredible combination of equestrian facilities, versatile storage, and modern conveniences. The single-story 1,757 sq. ft. home features 3 bedrooms, 2 bathrooms, an open-concept living area with a brick fireplace, a spacious primary suite with jetted tub and patio access, indoor laundry, and the converted garage can be used as a bonus room or office space. Outdoor living shines with a covered patio, built-in BBQ, spa, and expansive fenced lawn. Animal enthusiasts will love the four covered stalls, tack room, hay shed, wash rack, hotwalker, 100' x 70' paddock, and 150' x 60' lighted arena with access to miles of riding trails! The 32.5' x 30' detached workshop features two large bays, a full bathroom, laundry hookups, wood-burning stove, 220V RV hookup, and additional covered parking—ideal for projects, business storage, equipment, RVs, and more. Big-ticket upgrades include OWNED SOLAR, TWO OWNED TESLA BATTERIES, and an updated well and septic system! Enjoy a low tax rate, low HOA dues, and community amenities including a pool, clubhouse, equestrian center, private airstrip, and lake for fishing and boating. Just 25 minutes from Temecula shopping, dining, and wineries. Space, freedom, and endless possibilities—bring your animals, or work vehicles and make this property your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 109,771 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $175.0 / Month
Neighborhood Insights
Aguanga Unified Schools
Mcsweeny Elementary School
Grades K-5 • 16.6 mi
3/10
Diamond Valley Middle School
Grades 6-8 • 16.4 mi
3/10
Aspire Community Day
Grades 7-12 • 16.6 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,757 | 2,102.25 |
| Lot Size | 109,771 | 118,755.475 |
| Price | $700.0K | $677.0K |
| Price per sq ft | $398 | $339 |
| Built year | 1986 | 1997 |
| HOA | $175.0 | $171 |
| Days on market | 86 | 76 |
Pricing History
Listed for Sale
Sep 15, 2026
$699,999
$709,999
-1% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$709,999
Initial Listing
Sold
Oct 20, 1995
$145,000
Public Record