Welcome to Lakefront Living in this 3 bed/2 bath/1684' sqft Single Level Residence. Panoramic views of the East Bay from the main living spaces and the wrap-around deck! Added Bonus: No steps to the private dock.
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30290 Red Lure Place, Canyon Lake, CA 92587

$900K3bd · 2ba · 1,684 sqft
Lot 8,712 sqft•HOA $362/mo•Single Family Residence•
Active
•3d on market•MLS# OC-26233239

Property Description

Welcome to this SINGLE-LEVEL WATERFRONT opportunity in the prestigious, gated community of Canyon Lake! Tucked away on a quiet cul-de-sac in the desirable East Bay, this 3-bedroom, 2-bath home is ready for a fresh start, offering an exceptional opportunity to create your dream lakefront retreat. The reward? Beautiful water views and a private boat dock with step-free access! The open floor plan features a spacious family room and adjoining dining area, abundant natural light, and a cozy river-rock fireplace. Sliding glass doors positioned at adjoining corners frame the water views and create a seamless connection to the expansive, east-facing deck—an ideal setting for morning coffee, outdoor dining, BBQs, and entertaining overlooking the lake. A single switchback walkway leads directly to your private dock, making it easy to enjoy boating, paddleboarding, kayaking, fishing, and all the pleasures of lakefront living. The kitchen offers dual ovens, abundant cabinetry and counter space, and lake views while doing the dishes. The primary suite features a refreshed step-in shower, while two additional bedrooms provide flexibility for family, guests, or a home office. A secondary bathroom includes a separate shower room with direct access to the back patio—especially convenient for rinsing off after a day on the lake without bringing the outdoors inside! Additional features include an indoor laundry room with utility sink, extensive cabinetry and side-patio access, a two-car garage with built-in storage, and an extended driveway accommodating multiple vehicles. Enjoy Canyon Lake's resort-style amenities, including a private lake, 18-hole golf course, clubhouse, pool, sports courts, equestrian center, parks, and 24-hour security. More than a waterfront property, this is a rare opportunity to transform a well-located lakefront home into something truly special and enjoy the coveted Canyon Lake lifestyle!

Features & Amenities

FeeBuilt 1970

Property Details

Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Cooling
Heat Pump
View
Hills, Lake, Panoramic, Water
Flooring
Carpet, Tile
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byFirst Team Real Estate, Colleen Crane

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,550.88
Principal & Interest
Loan Amount
$719,999
Total Interest
$918,319
Total Payment Over 30 Years
$1,638,318
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

30290 Red Lure Place, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$900K
Residential Tier
Beds
3
Baths
2
Sqft
1,684
Lot
8,712 sqft
Year
1970
$/Sqft
$534
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 4.0% above the median closed sale of $865,000. Price per sqft ($534) is a 29% premium to closed comps ($415). Expect a longer timeline — comps averaged 128 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $900K· $534/sqft
Total list price
Closed comps
vs closed median $865K
+$35K (+4.0%)
Active comps
vs active median $815K
+$85K (+10.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $388
+$146 (+37.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
22831 Canyon Lake DriveCanyon Lake1980321,9037,405$420$799,999384
29847 Smugglers PointCanyon Lake2024432,1177,841$406$860,0004672
30663 ChampionCanyon Lake1980321,9817,405$411$814,99922069
22330 Canyon Lake DrCanyon Lake2005322,6247,405$304$799,0008767
30249 Point MarinaCanyon Lake1980332,3606,098$398$939,999266
Total: 5 · Average3.22.42,1977,230.8$387.8$842,799.471.6
Median2,117$814,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
30208 Lands End PlaceCanyon Lake197701/23/2026321,5116,534$919,000$899,999$5960.9818476
30291 Hiding Bass PlaceCanyon Lake197805/19/2026232,2009,583$1.10M$1.00M$4550.9111272
30221 Lands End PlaceCanyon Lake197712/18/2025422,5138,276$875,000$865,000$3440.9917969
29774 Yellow Gold DriveCanyon Lake200105/13/2026332,4587,405$829,999$829,999$3381.009666
30169 Gulf Stream DriveCanyon Lake199005/01/2026432,3568,712$799,999$800,000$3401.007166
Total: 5 · Average3.22.62,207.68,102$878,999.6$878,999.6$414.6—128.4
Median2,356$865,000$865,000

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.