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22561 Bass, Canyon Lake, CA 92587

$1.25M4bd · 4ba · 2,630 sqft
Lot 6,970 sqft•HOA $362/mo•Single Family Residence•
Active
•200d on market•MLS# SW-26072701

Property Description

MAJOR PRICE REDUCTION! NOW OFFERED AT $1,250,000! MOTIVATED SELLER! This beautiful waterfront home offers the perfect combination of comfort, style, and the ultimate Southern California lake lifestyle. Step inside to discover a beautifully remodeled kitchen featuring an expansive quartz island, perfect for entertaining family and friends. A convenient downstairs en-suite bedroom provides flexibility for guests or multigenerational living, while upstairs sliding glass doors open to a balcony overlooking the lake. Car enthusiasts, boat lovers, and those needing extra storage will appreciate the TWO separate two-car garages, offering FOUR garage spaces! The spacious backyard also provides room to create your own private poolside paradise. INCREDIBLE ADDED VALUE! The property features a $63,000 FULLY PAID-OFF SOLAR SYSTEM with 37 panels, offering significant potential energy savings! ?? ADDITIONAL WATERFRONT VALUE! Canyon Lake POA-approved U-shaped dock plans, with written approval available for review! Seller has already paid the dock contractor for the proposed installation. Construction has not yet begun, and completion remains pending. An exciting opportunity to enhance your Canyon Lake waterfront lifestyle! Enjoy everything Canyon Lake has to offer, including boating, waterskiing, fishing, golf, beaches, parks, restaurants, community events, and so much more! SOLAR DETAILS: 15 kW solar system featuring 37 high-efficiency 425W panels, producing approximately 18,000 kWh annually. Property benefits from grandfathered Southern California Edison NEM 2.0 (Net Energy Metering 2.0) with favorable 1:1 credit, reducing the need for battery storage. System includes Enphase Energy and Maxeon Solar Technologies components, a 25-year system warranty, and panels with a 40-year manufacturer warranty. Estimated production supports typical household usage, including electric vehicle charging. Significant value-add to the property. SOLAR WILL BE PAID OFF AT COE.

Features & Amenities

FeeBuilt 2000

Property Details

Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Central
Cooling
Central Air
View
Lake, Water
Flooring
Stone
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byRise Realty, Traci Hansen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,320.68
Principal & Interest
Loan Amount
$1,000,000
Total Interest
$1,275,445
Total Payment Over 30 Years
$2,275,445
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

22561 Bass, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$1.25M
Residential Tier
Beds
4
Baths
4
Sqft
2,630
Lot
6,970 sqft
Year
2000
$/Sqft
$475
Pool: No✓
Spa: No✓
View: water✓
Garage: 4-car✓

Listed 7.8% above the median closed sale of $1,160,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.25M· $475/sqft
Total list price
Closed comps
vs closed median $1.16M
+$90K (+7.8%)
Active comps
vs active median $1.20M
+$50K (+4.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $453
+$22 (+4.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
30010 Big Range RoadCanyon Lake1982432,95610,019$415$1.23M5975
28973 VacationCanyon Lake2026331,9658,276$559$1.10M2973
22373 Boating WayCanyon Lake1980534,0306,969$329$1.32M471
29392 Big RangeCanyon Lake1976431,7926,534$664$1.19M15370
29259 Stampede WayCanyon Lake2003334,05922,651$296$1.20M862
Total: 5 · Average3.83.02,960.410,889.8$452.6$1.21M50.6
Median2,956$1.20M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29800 Redwood DriveCanyon Lake202209/24/2026432,5368,276$1.10M$1.10M$4331.009579
22344 Whirlaway CourtCanyon Lake197706/15/2026332,3377,841$1.13M$1.16M$4961.0313073
30231 WHITE WAKECanyon Lake199004/03/2026332,6416,078$1.35M$1.25M$4730.9319172
30248 White WakeCanyon Lake199605/12/2026332,9826,098$1.15M$1.13M$3790.987671
30140 Point MarinaCanyon Lake199210/19/2026433,5176,098$1.47M$1.43M$4070.975170
Total: 5 · Average3.43.02,802.66,878.2$1.21M$1.21M$437.6—108.6
Median2,641$1.16M$1.16M

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.