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22373 Boating Way, Canyon Lake, CA 92587

$1.32M5bd · 3ba · 4,030 sqft
Lot 6,969 sqft•HOA $367/mo•Single Family Residence•
Active
•6d on market•MLS# SW-26217619

Property Description

Waterfront living on the main lake in Canyon Lake! Located on a cul-de-sac, this spacious 5 bedroom, 3 bath home plus loft offers approximately 4,030 sq. ft. and features a fully paid Tesla solar system with 24 panels, private dock with boat lift, and an above ground Jacuzzi with automated cover. The split floor plan includes an entry level bedroom and full bath, separate dining room, and a spacious kitchen with large island seating, built-in Sub-Zero refrigerator, wine fridge and ice maker. Attractive vinyl flooring flows through the main living areas, while an interior atrium brings in natural light and unique character. The spacious primary suite features dual sinks, a large walk in shower, oversized walk in closet and a unique outdoor waterfall grotto just outside the shower. Additional highlights include a versatile loft, water purification system, updated HVAC, a roof less than 10 years old, and a circular driveway. Enjoy direct main lake access and all that Canyon Lake has to offer, including boating, waterskiing, wakeboarding, fishing, beaches, parks, golf, pickleball, tennis, equestrian amenities, dining and year round community events.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Lake, Water
Flooring
Carpet, Laminate
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byColdwell Banker Assoc.Brks-CL, Lori Robinson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,699.92
Principal & Interest
Loan Amount
$1,060,000
Total Interest
$1,351,972
Total Payment Over 30 Years
$2,411,972
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

22373 Boating Way, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$1.32M
Luxury Tier
Beds
5
Baths
3
Sqft
4,030
Lot
6,969 sqft
Year
1980
$/Sqft
$329
Pool: No✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 8.2% above the median closed sale of $1,224,999. Price per sqft ($329) is a 24% discount to closed comps ($431). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.32M· $329/sqft
Total list price
Closed comps
vs closed median $1.22M
+$100K (+8.2%)
Active comps
vs active median $1.23M
+$97K (+7.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $598
−$269 (−45.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
22561 BassCanyon Lake2000442,6306,970$475$1.25M19876
30238 LonghornCanyon Lake1979321,8136,098$676$1.23M14774
30010 Big Range RoadCanyon Lake1982432,95610,019$415$1.23M5973
30240 LonghornCanyon Lake1974321,9696,098$762$1.50M13072
29392 Big RangeCanyon Lake1976431,7926,534$664$1.19M15367
Total: 5 · Average3.62.82,2327,143.8$598.4$1.28M137.4
Median1,969$1.23M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
30140 Point MarinaCanyon Lake199210/19/2026433,5176,098$1.47M$1.43M$4070.975182
22616 Canyon Club DriveCanyon Lake197506/16/2026433,0608,276$1.22M$1.22M$4001.008170
30248 White WakeCanyon Lake199605/12/2026332,9826,098$1.15M$1.13M$3790.987670
30231 WHITE WAKECanyon Lake199004/03/2026332,6416,078$1.35M$1.25M$4730.9319169
22344 Whirlaway CourtCanyon Lake197706/15/2026332,3377,841$1.13M$1.16M$4961.0313065
Total: 5 · Average3.43.02,907.46,878.2$1.24M$1.24M$431—105.8
Median2,982$1.22M$1.22M

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.