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22706 Lighthouse Dr, Canyon Lake, CA, 92587

5beds
3baths
3,279sqft
$1,399,000
$427price/sqft
$9,490/moest. monthly cost
$379,600/yrincome needed

About This Home

Welcome to Canyon Lake where your waterfront Dream Home awaits. Fully remodeled, turn-key and move-in ready for lakeside living. Set on a calm, quiet cove, opening directly to the main lake and just a short walk from the Lodge, Sunset Beach, dining and recreation—this five-bedroom, three-bath home offers approximately 3,279 square feet of bright, beautifully updated living. Custom iron doors open to soaring vaulted ceilings and an open layout featuring two main-level bedrooms, a full bath, formal living room and an expansive family room with a wood-burning fireplace and built-in wet bar. The upgraded kitchen was made for gathering, with leathered quartz countertops, soft-close cabinetry, premium appliances, an oversized built-in refrigerator and a generous island. Upstairs, the oversized primary suite features a spa-inspired dual shower and three substantial closets—an elongated walk-in off the bathroom plus two large sliding-door closets. Abundant storage continues throughout the home, including a spacious attic. Additional upgrades include Govee smart lighting throughout the entire interior and exterior, energy-efficient windows and window coverings installed approximately 18 months ago, and a brand-new water heater. Outside, the waterfront deck with cooling misters sets the scene for sunset dinners, weekend gatherings and late nights beside the water. With a three-car driveway and your own dock just steps away, simply unpack, launch the boat and start living the dream. Canyon Lake is where Southern California living gets more fun. This private, 24-hour guard-gated community surrounds a 525-acre recreational lake with boating, waterskiing, wakeboarding and fishing, plus an 18-hole golf course, lakefront clubhouse and pool, beaches, parks, sport courts, equestrian facilities, lakeside camping and year-round events. Walk to the Lodge, cruise by golf cart or head straight onto the lake from your backyard. Life is better at the lake—welcome home.

Getting Around

17
WalkingCar-Dependent
0
TransitVery Limited Transit
10
BikeSomewhat Bikeable

Schools

5/10
7/10

Construction

Condition

  • Property condition: Updated/Remodeled,Turnkey
  • Year built: 1981

Materials

  • Roof: Tile

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Range,Convection Oven,Dishwasher,Freezer,Disposal,High Efficiency Water Heater,Microwave,Refrigerator,Range Hood
  • Laundry features: Washer Hookup,Electric Dryer Hookup,Inside,Laundry Room

Bathroom

  • Features: Bathtub,Tub Shower,Upgraded

Bathroom

  • Features: Jack and Jill Bath

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Breakfast Bar,High Ceilings,Open Floorplan,Pantry,Attic,Entrance Foyer,Jack and Jill Bath,Primary Suite,Walk-In Pantry,Walk-In Closet(s)
  • Window features: Custom Covering(s),Double Pane Windows,Screens
  • Fireplace features: Family Room,Living Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,279 sqft

Kitchen

  • Features: Quartz Counters,Walk-In Pantry

Other

  • Features: Walk-In Closet(s)

Pantry

  • Features: Walk-In Pantry

Property

Details

  • Parcel number: 353242038
  • Special condition: Standard
  • Horse amenities: Riding Trail

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: Community,Heated,Association
  • Patio & porch: Covered,Front Porch,Patio
  • Exterior features: Boat Slip,Dock,Lighting,Rain Gutters,Misting System
  • Has view: Yes
  • View description: Lake,Water
  • Has water view: Yes
  • Water view: Lake,Water
  • On waterfront: Yes
  • Waterfront features: Dock Access,Lake Front,Lake Privileges

Lot

  • Lot size: 7,405 sqft
  • Features: Back Yard,Close to Clubhouse,Front Yard,Landscaped,Near Park

Parking

  • Total spaces: 5
  • Parking features: Direct Access,Driveway,Garage,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 3

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

  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Wildfire

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 $7,074$84,888
Home Insurance *$375$4,500
Property Taxes $1,338$16,056
Electricity $703$8,437
Total$9,490$113,880
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$325,371/yr
40% on housing$284,700/yr
45% on housing$253,066/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

$427This listing

vs Other Active Listings

Avg $/sqft

ZIP 92587$390
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)

Price History

DateEventPrice
2026-08-05Listed for sale$1,399,000
2023-07-06Sold$915,000
2023-07-03Pending sale$899,900
2023-06-16Contingent$899,900
2023-06-15Listed for sale$899,900
2009-01-02Sold$525,000
2008-10-29Price change$541,900
2008-10-03Listed for sale$549,900
2008-08-12Sold$825,000
2005-03-18Sold$809,000
1996-11-26Sold$279,000
1994-05-24Sold$339,000
1994-03-30Sold$265,000

For Sale by Agent

AgentDavid Prewitt
BrokerageDream Home Estates, Inc.

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