Sunset over the waterfront cove—an unforgettable first impression of the Canyon Lake lifestyle.
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22706 Lighthouse, Canyon Lake, CA 92587

$1.40M5bd · 3ba · 3,279 sqft
Lot 7,405 sqft•HOA $360/mo•Single Family Residence•
Active
•68d on market•MLS# OC-26167927

Property Description

Waterfront living in Canyon Lake doesn’t get much better than this. Set on a calm, quiet cove opening directly to the main lake, this fully remodeled, turnkey waterfront home delivers the views, private dock, outdoor living and resort-style lifestyle buyers come to Canyon Lake for. Special financing incentives may be available to qualified buyers—ask for details. Step outside to an expansive covered waterfront deck with cooling misters—an incredible setting for sunset dinners, entertaining and relaxing above the water. Continue down to your private dock just steps from the home and launch directly into Canyon Lake. Even better, the Lodge, Sunset Beach, dining and recreation are just a short walk away. Inside, approximately 3,279 square feet of beautifully updated living offers five bedrooms and three full baths, including two bedrooms and a full bath on the main level. Custom iron entry doors open to soaring vaulted ceilings and a bright, open floor plan designed for entertaining. At the center of the home is an impressive remodeled kitchen featuring leathered quartz countertops, soft-close cabinetry, premium appliances, an oversized built-in refrigerator and a generous island flowing into the spacious family room with wood-burning fireplace and built-in wet bar. Upstairs, the oversized primary suite becomes its own private retreat, highlighted by a spa-inspired bath with dual shower and exceptional storage, including an elongated walk-in closet plus two additional large closets. Additional upgrades include Govee smart lighting throughout the interior and exterior, energy-efficient windows and window coverings, a brand-new water heater, abundant attic storage and a three-car driveway. All of this is inside Canyon Lake’s private 24-hour guard-gated community, centered around a 525-acre recreational lake with boating, waterskiing, wakeboarding and fishing, plus an 18-hole golf course, lakefront clubhouse and pool, beaches, parks, sport courts, equestrian facilities, lakeside camping and year-round community events. Walk to the Lodge. Cruise by golf cart. Launch the boat from your backyard. Watch the sunset over the water. This is the Canyon Lake lifestyle—and it’s ready now.

Features & Amenities

FeeBuilt 1981

Property Details

Land Type
Fee
Year Built
1981
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Lake, Water
Roof
Tile
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byDream Home Estates, Inc., David Prewitt

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,074.11
Principal & Interest
Loan Amount
$1,119,200
Total Interest
$1,427,478
Total Payment Over 30 Years
$2,546,678
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

22706 Lighthouse, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$1.40M
Luxury Tier
Beds
5
Baths
3
Sqft
3,279
Lot
7,405 sqft
Year
1981
$/Sqft
$427
Pool: Yes✓
View: water✓
Garage: 2-car✓

Listed 82.9% above the median closed sale of $765,000. Price per sqft ($427) is a 53% premium to closed comps ($279). Expect a longer timeline — comps averaged 166 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 $1.40M· $427/sqft
Total list price
Closed comps
vs closed median $765K
+$634K (+82.9%)
Active comps
vs active median $1.23M
+$171K (+13.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $361
+$66 (+18.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
30010 Big Range RoadCanyon Lake1982432,95610,019$415$1.23M3887
22336 Loch LomondCanyon Lake1980433,1446,970$278$875,0003871
29242 Old WranglerCanyon Lake1988532,8597,841$278$795,000268
30092 Clear Water DriveCanyon Lake1985533,3746,098$415$1.40M3068
30181 Swan PointCanyon Lake1990443,1006,534$419$1.30M10166
Total: 5 · Average4.43.23,086.67,492.4$361$1.12M41.8
Median3,100$1.23M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
22176 DogieCanyon Lake198907/22/2026543,1327,405$699,000$662,500$2120.9516671
30857 Golden GateCanyon Lake198506/15/2026433,1627,405$999,999$990,000$3130.995869
23039 Blue Bird DriveCanyon Lake198908/14/2026432,8967,405$785,000$765,000$2640.976669
22700 Cascade DriveCanyon Lake197906/03/2026443,3907,841$699,990$692,000$2040.9945969
22616 Canyon Club DriveCanyon Lake197506/16/2026433,0608,276$1.22M$1.22M$4001.008068
Total: 5 · Average4.23.43,1287,666.4$866,899.8$866,899.8$278.6—165.8
Median3,132$765,000$765,000

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.