1.13 Acres of land, with a long private, iron gated entrance.
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23902 Conejo, Canyon Lake, CA 92587

$649K3bd · 2ba · 1,792 sqft
Lot 49,223 sqft•Manufactured On Land•
Active
•12d on market•MLS# IV-26217961

Property Description

Over an acre of private living, magnificent sunset deck views, and unlimited land usage options...with NO HOA, AND LOW TAXES. The perfect blend of country-style living just outside the gates of Canyon Lake. Situated on 1.13 acres, this unique property offers space, privacy, and possibilities! Enter through a wrought-iron electric gate up a long driveway to a secluded hilltop retreat with great views. A separate lower portion of the property (with its own private electric gated entrance) offers exciting potential for a possible ADU or additional living space, ideal for multigenerational living or creating your own private retreat. With R-A zoning, additional property uses may be possible. A detached mini-split cooled, oversized garage with additional extra-high covered RV and boat parking, and a 50-AMP RV hookup provide exceptional space for your toys and hobbies. Perched above it all is an inviting 3 bed, 2 bath manufactured home (on a permanent foundation) with tons of newly completed upgrades including some new flooring, quartz countertops, new appliances, updated lighting, freshly painted inside and out, and it's just waiting for its new memories. Big ticket items like a newer roof on the home and garage, with a newer advanced septic system add huge value and peace of mind. A rare upgrade of a newer whole house generator connected to its own propane tank in case of any emergencies is a major plus. Enjoy the sunset views while relaxing, entertaining or outdoor cooking on the full length covered deck (with 3 separate doors out to enjoy). You'll love the interior upgrades...but you may love the quiet secluded property with growth potential even more! Conveniently located near everyday amenities yet tucked away from the hustle and bustle. This property offers room to breathe, room to grow, and room to make it your own! (Buyer to verify land uses)

Features & Amenities

FeeBuilt 2002

Property Details

Land Type
Fee
Year Built
2002
Property Type
Residential
Property Subtype
Manufactured On Land
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
View
City Lights, Hills, Meadow, Mountain(s), Trees/Woods
Flooring
Vinyl, Laminate
Roof
Tar/Gravel
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byCentury 21 Masters, TAMMY DAVID EWING

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,281.70
Principal & Interest
Loan Amount
$519,200
Total Interest
$662,211
Total Payment Over 30 Years
$1,181,411
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 · 1 active · 5 closed

23902 Conejo, Canyon Lake, CA 92587

Canyon Lake · Manufactured On Land

$649K
Residential Tier
Beds
3
Baths
2
Sqft
1,792
Lot
1.13 ac
Year
2002
$/Sqft
$362
Pool: No✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed 8.2% above the median closed sale of $600,000. Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $649K· $362/sqft
Total list price
Closed comps
vs closed median $600K
+$49K (+8.2%)
Active comps
vs active median $580K
+$69K (+11.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $432
−$70 (−16.2%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28395 Connecticut DrMenifee1983321,34435,284$432$579,9993271
Total: 1 · Average3.02.01,34435,284$432$579,99932
Median1,344$579,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
28395 Connecticut DriveMenifee198312/01/2025321,34435,284$575,000$575,000$4281.008867
31305 GearyMenifee198309/02/2026321,62440,511$595,000$600,000$3691.013163
31765 Deborah LaneMenifee198110/02/2026321,24854,450$700,000$705,000$5651.019456
31361 MurrietaMenifee200509/02/2026422,17019,602$599,000$599,000$2761.004054
31391 Hawthorne StreetMenifee199807/24/2026742,86040,946$724,999$722,500$2531.008347
Total: 5 · Average4.02.41,849.238,158.6$640,300$640,300$378.2—67.2
Median1,624$600,000$600,000

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.