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22477 Boating Way, Canyon Lake, CA 92587

$1.65M3bd · 4ba · 3,997 sqft
Lot 6,534 sqft•HOA $350/mo•Single Family Residence•
Active
•7d on market•MLS# SW-26141181

Property Description

Experience exceptional waterfront living in this brand-new custom estate, ideally situated on a peaceful street in Canyon Lake. Designed with uncompromising attention to detail, this stunning new construction home offers direct access from a quiet cove to the main lake and showcases luxury finishes throughout. The impressive interior features soaring ceilings, rich wood beams, and expansive windows that capture panoramic lake views while creating a seamless connection between indoor and outdoor living. At the heart of the open-concept floor plan is a chef-inspired kitchen complete with premium appliances, sleek cabinetry, an oversized center island, and sophisticated finishes. The kitchen flows effortlessly into the spacious family room, creating an ideal setting for entertaining and everyday living. The private primary suite serves as a serene retreat, featuring a spa-like bathroom with a jetted soaking tub, oversized rain shower, dual vanities, and a custom walk-in closet. Each additional bedroom includes its own ensuite bathroom and walk-in closet, offering comfort and privacy for family and guests. Additional features include a private elevator, fully owned solar system, indoor laundry room, and an expansive three-car garage. Outside, a brand-new private dock with a boat lift provides immediate access to boating, wakeboarding, water skiing, paddleboarding, fishing, and everything the Canyon Lake lifestyle has to offer. Located near the Lighthouse Restaurant, community pool, tennis and pickleball courts, golf course, equestrian center, baseball fields, waterfront campground, and scenic parks—all connected by golf cart-friendly roads—this extraordinary property offers the perfect blend of luxury, recreation, and waterfront tranquility. A rare opportunity to own one of Canyon Lake’s finest new waterfront residences. Schedule your private showing today.

Features & Amenities

FeeBuilt 2024

Property Details

Land Type
Fee
Year Built
2024
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Lake, Water
Flooring
Tile
Roof
Spanish Tile, Tile
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byUnknown Office, Joseph Onello

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,343.30
Principal & Interest
Loan Amount
$1,320,000
Total Interest
$1,683,587
Total Payment Over 30 Years
$3,003,587
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

Luxury Tier · 5 active · 5 closed

22477 Boating Way, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$1.65M
Luxury Tier
Beds
3
Baths
4
Sqft
3,997
Lot
6,534 sqft
Year
2024
$/Sqft
$413
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 73.7% above the median closed sale of $950,000. Price per sqft ($413) is a 28% premium to closed comps ($323). Closed comps sold at 95% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 198 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.65M· $413/sqft
Total list price
Closed comps
vs closed median $950K
+$700K (+73.7%)
Active comps
vs active median $1.55M
+$100K (+6.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $380
+$33 (+8.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
22661 Cove View StreetCanyon Lake1972444,0428,712$186$750,0001869
30397 Point MarinaCanyon Lake1993443,7768,712$357$1.35M468
30141 Cove View StreetCanyon Lake2006453,8489,148$466$1.79M6763
22376 San Joaquin DriveCanyon Lake1972433,60010,019$431$1.55M460
30405 Golden GateCanyon Lake1974444,00013,939$462$1.85M10352
Total: 5 · Average4.04.03,853.210,106$380.4$1.46M39.2
Median3,848$1.55M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
30361 Clear WaterCanyon Lake201905/14/2026543,4538,276$2.10M$1.80M$5210.867083
30266 Skippers WayCanyon Lake198705/22/2026443,5246,534$1.70M$1.60M$4540.944973
22700 Cascade DriveCanyon Lake197906/03/2026443,3907,841$699,990$692,000$2040.9945968
22176 DogieCanyon Lake198907/22/2026543,1327,405$699,000$662,500$2120.9516665
23285 ContinentalCanyon Lake199106/11/2026554,2077,405$950,000$950,000$2261.0024664
Total: 5 · Average4.64.23,541.27,492.2$1.14M$1.14M$323.4—198
Median3,453$950,000$950,000

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.