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23581 Lake Dr, Canyon Lake, CA, 92587

3beds
1baths
884sqft
$379,999
$430price/sqft
$2,785/moest. monthly cost
$111,400/yrincome needed

About This Home

Welcome home to comfort, charm, and peaceful living. This adorable 3 bedroom, 1 bathroom home offers the perfect blend of cozy living and scenic surroundings. Step onto the inviting front porch, the perfect place to enjoy your morning coffee or unwind after a long day. Inside, you'll love the open-concept layout, creating a bright and welcoming living space that's perfect for everyday living and entertaining. Natural light fills the home, making it feel warm, inviting, and ready for you to make your own. The charm continues outdoors with a covered rear porch that overlooks the mountains, providing the perfect backdrop for relaxing evening or hosting family and friends. The spacious backyard is a blank canvas, ready for a buyer with vision and imagination to create their dream outdoor oasis. Come experience the possibilities and make this beautiful home yours!

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

8/10
6/10
--
Menifee PreschoolGrades 3.4 mi

Construction

Condition

  • Year built: 1961

Materials

  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range
  • Laundry features: Outside

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Ceiling Fan(s),All Bedrooms Up
  • Window features: Double Pane Windows
  • Flooring: Laminate
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 884 sqft

Property

Details

  • Parcel number: 350192009
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: main door
  • Pool features: None
  • Patio & porch: Rear Porch,Deck,Front Porch,Porch,Wood
  • Spa features: None
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 5,227 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Parking features: Driveway

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Wildfire
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,921$23,052
Home Insurance *$101$1,212
Property Taxes $365$4,380
Electricity $398$4,786
Total$2,785$33,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,485/yr
40% on housing$83,550/yr
45% on housing$74,266/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$430This listing

vs Other Active Listings

Avg $/sqft

ZIP 92587$395
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92587$342
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$379,999
2026-07-28Price change$379,999
2026-07-08Listed for sale$399,999
2022-08-15Sold$360,000
2022-07-21Pending sale$349,999
2022-07-12Listed for sale$349,999
2020-03-04Sold$229,000
2020-02-06Pending sale$229,000
2019-12-11Listed for sale$229,000
2011-06-15Sold$38,500
2011-04-06Price change$36,750
2011-04-03Listed for sale--
2005-03-31Sold$185,600
2004-01-29Sold$92,500
2000-08-03Sold$56,000
1997-06-18Sold$19,000
1995-09-25Sold$53,107

For Sale by Agent

AgentKarina Ramirez
BrokerageMogul Real Estate

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