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23240 Continental Drive, Canyon Lake, CA 92587

$625K3bd · 2ba · 1,690 sqft
Lot 7,405 sqft•HOA $360/mo•Single Family Residence•
Active
•49d on market•MLS# IV-26184765

Property Description

Welcome to this updated and beautifully maintained single story Canyon Lake home with room to park some toys! Upon entering you will be greeted by vaulted ceilings in the living and dining areas, full of natural light from an abundance of windows with shutters. Continue toward the back of the home to discover the updated kitchen adjacent to the family room with a cozy fireplace and a sliding door to the backyard. Venture down the hall to find three sizable bedrooms consisting of a primary suite with two closets, along with two additional bedrooms and a full bathroom. Step outside to explore a great space for outdoor living and entertaining, featuring a large covered patio and other spots to relax or play. Additional features include brand new carpet in the bedrooms and living room, a whole house fan, mini bar, pex plumbing and an extra wide driveway with room for toys or guest parking. To top it all off residents of Canyon Lake enjoy golf cart friendly roads, boating, swimming, fishing, water sports, golfing, camping, as well as a community pool, an equestrian center, numerous sports courts, and multiple parks. Come live like you're on vacation every day, and schedule your private showing today!

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
Flooring
Carpet, Tile
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byUnknown Office, KYLE WINN

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,159.83
Principal & Interest
Loan Amount
$499,920
Total Interest
$637,620
Total Payment Over 30 Years
$1,137,540
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

23240 Continental Drive, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$625K
Residential Tier
Beds
3
Baths
2
Sqft
1,690
Lot
7,405 sqft
Year
1981
$/Sqft
$370
Pool: Yes✓
Garage: 2-car✓

Listed 13.8% below the median closed sale of $725,000. Price per sqft ($370) is a 19% discount to closed comps ($457). Expect a longer timeline — comps averaged 121 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $625K· $370/sqft
Total list price
Closed comps
vs closed median $725K
−$100K (−13.8%)
Active comps
vs active median $720K
−$95K (−13.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $446
−$76 (−17.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
24020 Continental DriveCanyon Lake1979321,7287,405$492$850,0003898
23874 Canyon LakeCanyon Lake1983321,5837,405$379$599,9995297
23584 BrookCanyon Lake1987321,6708,276$419$699,999496
23474 Silver Strike DriveCanyon Lake1983321,5627,840$461$720,000496
23189 Continental DriveCanyon Lake1979321,6006,970$478$765,0002295
Total: 5 · Average3.02.01,628.67,579.2$445.8$726,999.624
Median1,600$720,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
30040 SprayCanyon Lake198408/03/2026321,6607,405$594,000$590,000$3550.9910198
22667 Castle CragCanyon Lake198609/22/2026321,6117,405$724,999$725,000$4501.0011496
22511 Pin Tail DriveCanyon Lake197909/16/2026321,5007,405$735,000$728,000$4850.998195
30249 Spray DriveCanyon Lake197508/28/2026321,6007,841$1.09M$1.10M$6911.0114195
29360 VacationCanyon Lake198209/04/2026331,7357,405$549,000$524,000$3020.9516895
Total: 5 · Average3.02.21,621.27,492.2$734,400$734,400$456.6—121
Median1,611$725,000$725,000

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.