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22475 Loch Lomond Drive, Canyon Lake, CA 92587

$2.00M3bd · 3ba · 1,853 sqft
Lot 2 sqft•HOA $355/mo•Single Family Residence•
Active
•91d on market•MLS# SW-26167456

Property Description

UNIMAGINABLE……..1.56 acres centrally located within the gates of Canyon Lake, behind your own private gates!!!!All flat, usable fully fenced OASIS awaits its new owner. Completely remodeled 1800+ sqft 3 bedroom 3 bathroom home with open Floor plan, contemporary finishings and sweeping 180 degree views of the Main Lake and beyond. The exterior has all new concrete, courtyard, landscaping and for the car and toy enthusiast, there is over 2800 sqft of workshop/ RV garage (45’x21’ w/ 14x14 door) and (72’x26’ w/ 6 doors). This property has ample space to park over 50 cars and for your extended family and guests there are 3 RV campsites with full hook-ups. Ideal for a family compound, there is plenty of space to add an additional home or ADU should you need the additional living space. This property carries dual zoning (Commercial and Residential) allowing for endless opportunities. Also available are 2 commercial units located in the Canyon Lake town center totaling 5000 sqft. With 4 longterm tenants.

Features & Amenities

FeeBuilt 1960

Property Details

Land Type
Fee
Year Built
1960
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
14
Garage Spaces
14
Cooling
Central Air
View
Bay, City Lights, Harbor, Hills, Lake, Mountain(s), Panoramic, Water
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byColdwell Banker Assoc.Brks-CL, Kris Hansen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$10,087.81
Principal & Interest
Loan Amount
$1,596,000
Total Interest
$2,035,610
Total Payment Over 30 Years
$3,631,610
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 · 3 active · 5 closed

22475 Loch Lomond Drive, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$2.00M
Luxury Tier
Beds
3
Baths
3
Sqft
1,853
Lot
1.56 ac
Year
1960
$/Sqft
$1077
Pool: No✓
View: city✓
Garage: 14-car✓

Listed 6.7% above the median closed sale of $1,870,000. Price per sqft ($1,077) is a 91% premium to closed comps ($564). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.00M· $1,077/sqft
Total list price
Closed comps
vs closed median $1.87M
+$125K (+6.7%)
Active comps
vs active median $1.85M
+$146K (+7.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $597
+$480 (+80.4%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
23256 Gray Fox DriveCanyon Lake1970332,31227,443$863$2.00M27175
30405 Golden GateCanyon Lake1974444,00013,939$462$1.85M12345
30141 Cove View StreetCanyon Lake2006453,8489,148$466$1.79M8845
Total: 3 · Average3.74.03,386.66716,843.333$597$1.88M160.66666666666666
Median3,848$1.85M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29672 TeracinaLaguna Niguel198707/06/2026332,2666,000$1.80M$1.86M$8231.043361
29702 Big RangeCanyon Lake197608/21/2026444,61913,068$2.40M$2.23M$4820.932047
22700 Running Rabbit CourtCanyon Lake200407/29/2026553,73813,068$1.95M$1.87M$5000.964245
22818 Gray Fox DriveCanyon Lake199911/24/2025644,4587,841$2.35M$2.20M$4930.949931
30361 Clear WaterCanyon Lake201905/14/2026543,4538,276$2.10M$1.80M$5210.867130
Total: 5 · Average4.64.03,706.89,650.6$1.99M$1.99M$563.8—53
Median3,738$1.87M$1.87M

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.