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22024 Vacation Drive, Canyon Lake, CA 92587

$565K3bd · 2ba · 1,801 sqft
Lot 9,583 sqft•HOA $355/mo•Single Family Residence•
Active
•32d on market•MLS# SW-26198551

Property Description

CANYON LAKE RESORT-STYLE LIVING! Welcome to this spacious 3-bedroom, 2-bathroom home offering approximately 1,801 sq. ft. of living space on a large lot with plenty of potential, including possible boat or RV parking. The inviting open floorplan seamlessly connects the living, dining, and kitchen areas, creating an ideal space for everyday living and entertaining. The living room features a cozy fireplace and vaulted ceiling, adding warmth and volume to the main living space. The main-floor primary suite offers convenience and privacy, complete with dual sinks in the ensuite bath. Upstairs, you'll find a versatile loft along with the secondary bedrooms and bath, providing additional living space and separation from the primary suite. Step outside to the large backyard, a blank canvas with excellent potential to create your own outdoor retreat. Enjoy your morning or evenings sitting under the beautiful wood pergola right out a slider from the dining room and primary suite. A direct-access attached two-car garage adds everyday convenience. Located in a desirable gated Canyon Lake community, residents can enjoy an exceptional resort-style lifestyle with access to a private lake, golf course, watersports, parks, sport courts, and fishing. Conveniently located near shopping, dining, schools, and medical facilities, this home combines comfortable living with an active Southern California lifestyle. Come discover the possibilities! For community information - Access Canyon Lake website: www.canyonlakepoa.com

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
7
Garage Spaces
2
Heating
Central, Fireplace(s), Heat Pump
Cooling
Central Air, Electric, Heat Pump
View
City Lights, Hills, Mountain(s)
Flooring
Carpet, Laminate
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byUnknown Office, John Hill

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,856.44
Principal & Interest
Loan Amount
$451,920
Total Interest
$576,399
Total Payment Over 30 Years
$1,028,319
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

22024 Vacation Drive, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$565K
Residential Tier
Beds
3
Baths
2
Sqft
1,801
Lot
9,583 sqft
Year
1979
$/Sqft
$314
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 2-car✓

Listed 9.5% below the median closed sale of $624,000. Price per sqft ($314) is a 15% discount to closed comps ($369). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $565K· $314/sqft
Total list price
Closed comps
vs closed median $624K
−$59K (−9.5%)
Active comps
vs active median $625K
−$60K (−9.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $393
−$79 (−20.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
22751 Running Rabbit CourtCanyon Lake1979321,7216,970$349$599,99946389
24020 Continental DriveCanyon Lake1979321,7287,405$492$850,0003885
24048 Cruise CircleCanyon Lake1979321,7548,712$336$590,00010985
23240 Continental DriveCanyon Lake1981321,6907,405$370$624,9004985
23584 BrookCanyon Lake1987321,6708,276$419$699,999483
Total: 5 · Average3.02.01,712.67,753.6$393.2$672,979.6132.6
Median1,721$624,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
22207 VacationCanyon Lake198009/03/2026321,57311,761$699,000$699,000$4441.008992
22511 Pin Tail DriveCanyon Lake197909/16/2026321,5007,405$735,000$728,000$4850.998192
22995 PheasantCanyon Lake199710/02/2026322,1359,148$619,000$610,000$2860.9812788
30150 Cove View StreetCanyon Lake198408/25/2026322,0218,712$599,999$620,000$3071.037584
22560 Blue Teal DriveCanyon Lake198708/21/2026321,9248,712$624,000$624,000$3241.0011984
Total: 5 · Average3.02.01,830.69,147.6$656,200$656,200$369.2—98.2
Median1,924$624,000$624,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.