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Canyon Lake

Canyon Lake

Located in Riverside County

$816,563 Average Value
$488 Average Price per Sq Ft
1 Home For Sale

Planned lakeside community near the Temescal Mountains

Located in the foothills of the Temescal Mountains, Canyon Lake is one of California’s only gated cities. Built around a 500-acre reservoir also called Canyon Lake, the community consists of lakeside homes on cul-de-sacs, palm trees and scenic views. Fishing, swimming and boating are almost year-round water activities, and the area was a resort until housing developments began construction in the late-1960s. The Canyon Lake Property Owners Association maintains the city’s streets and parks and oversees the community’s numerous social events. “Canyon Lake’s motto is ‘A little bit of paradise.’ It’s a unique lake community, and there’s nothing like it in Southern California. Many people don’t realize it’s a city,” says Mary Dimmler-Long, an associate broker with Coldwell Banker with over 20 years of experience. “People come for lots of reasons. It’s close to Temecula, an up-and-coming city with wineries, but most people come for the lake. Lots of people love skiing and golfing here.”

Canyon Lake a private residential community offers residents many neighborhood amenities.
Canyon Lake a private residential community offers residents many neighborhood amenities.
A sprawling view of the Canyon Lake neighborhood and lake.
A sprawling view of the Canyon Lake neighborhood and lake.
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Over a dozen green spaces and sandy beaches

The Canyon Lake POA maintains the community’s many parks and beaches. Holiday Harbor is a lakeside green space with playgrounds, a swimming beach and barbecue grills. It’s accessible by land or water, with day docks for people who want to visit for a few hours. East Port Park rests at the edge of the community and has a dedicated dog park where pets can play off-leash. Skippers Island is the home of the annual Fourth of July fireworks display, and the Lodge is a community center hosting movie nights, Taco Tuesdays and classic car shows. And, of course, there’s the lake itself, which lets residents indulge in swimming, paddle boarding, fishing and boating. Canyon Lake also has its own golf course, equestrian center and tennis courts.

Canyon Lake residents with dogs can head over to East Port Dog Park.
Canyon Lake residents with dogs can head over to East Port Dog Park.
Sunset Beach provides Canyon Lake residents a relaxing place to hang out.
Sunset Beach provides Canyon Lake residents a relaxing place to hang out.
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Midcentury houses and custom-built designs

Canyon Lake is filled with modest 1960s ranch-style houses and custom-built multi-level residences. Dwellings in the gated community often sport Spanish-inspired red tile roofs, large windows or solar panels. Patios and large landscaped lawns are also common. Over 80% of the 4,800 potential housing options are detached single-family homes, and most are owner-occupied. “A lot of homeowners move up instead of out. People purchase starter homes and then move into a larger home later. They stay in the community,” says Stevie Devey, a real estate agent with Keller Williams Realty Riverside and member of The Caring Realtor Team. “A lot of people don’t know the lake exists because it’s very private. Everybody looks out for everybody.” Houses sell for an average price of $765,000 after 47 days on the market, although the entire range starts around $385,000 and continues to more than $4 million.

Beautiful modern builds are starting to pop up in the Canyon Lake community.
Beautiful modern builds are starting to pop up in the Canyon Lake community.
A row of single story Ranch Style homes inside the Canyon Lake community.
A row of single story Ranch Style homes inside the Canyon Lake community.
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Neighborhood hangouts and markets

The fact the community doesn’t have many retail stores or restaurants is part of its charm. The shops and eateries in Canyon Lake are true neighborhood spots where locals greet each other. Grocers like Canyon Lake Market, Family Choice Foods and Stater Bros. Markets keep residents supplied with essentials, while the Canyon Lake Certified Farmers Market showcases fresh local produce every Sunday morning. The Lighthouse Restaurant & Bar provides a variety of seafood, salad and pasta dishes. Housed in the Canyon Lake Lodge, residents can enjoy dinner before seeing a play or concert in the Holiday Bay Room. Large shopping centers and big-box retailers can be found in Temecula or Riverside.

The Canyon Lake Market offers residents a place to get groceries or a delicious deli sandwich.
The Canyon Lake Market offers residents a place to get groceries or a delicious deli sandwich.
At Canyon Lake Farmers Market, you'll find a variety of special organic products.
At Canyon Lake Farmers Market, you'll find a variety of special organic products.
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Highly rated schools with tutoring and dual enrollment

Canyon Lake is part of the Lake Elsinore Unified School District, and students can attend Tuscany Hills Elementary, Canyon Lake Middle and Temescal Canyon High. Niche A-minus-rated Tuscany Hills Elementary operates before- and after-school programs, while B-plus-rated Canyon Lake Middle has tutoring sessions for math and science five days a week. B-plus-rated Temescal Canyon High offers dual enrollment with Mt. San Jacinto College and participates in the International Baccalaureate Diploma Program. For higher education options, San Joaquin Valley College-Temecula lies 13 miles away and provides associate degrees and professional certifications.

Canyon Lake students learn in a vibrant and diverse community at Temescal Canyon High School.
Canyon Lake students learn in a vibrant and diverse community at Temescal Canyon High School.
Tuscany Hills Elementary School serves elementary students of Canyon Lake.
Tuscany Hills Elementary School serves elementary students of Canyon Lake.
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Golf carts and freeways

Being near the 15 and 215 Freeways makes getting to Riverside, Murrieta or Temecula easy. Canyon Lake commuters typically travel 46 minutes one-way, although some have ‘super-commutes’ of 90 minutes or more. Canyon Lake Drive and Railroad Canyon Road are the community’s main thoroughfares, and although there’s no public transportation, residents can use golf carts on many of the streets. The city is 41 miles from Ontario International Airport, while HOPE Medical Center is less than nine miles away.

One of the main roads when traveling through the Canyon Lake community.
One of the main roads when traveling through the Canyon Lake community.
Residents can connect to convenient public transportation in the Canyon Lake neighborhood.
Residents can connect to convenient public transportation in the Canyon Lake neighborhood.
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Tina Davis
Written By
Tina Davis

Interested in learning more about homes in this area? Reach out to Diana Ding, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Canyon Lake Housing Trends

Housing Trends

Median List Price
$975,000
Median Sale Price
$1,000,000
Median Single Family Sale Price
$1,000,000
Median 2 Bedroom Sale Price
$755,000
Median Change From 1st List Price
-1%
Last 12 months Home Sales
16
Median Home Sale Price YoY Change
49%
Average Price Per Sq Ft
$488

Neighborhood Facts

Number of Homes in Neighborhood
4,432
Number of Homes for Sale
1
Median Year Built
1985
Months of Supply
0.80
Average Single Family Home Size Sq Ft
2,265
Above the national average
1,924
Average Townhouse Size Sq Ft
1,360
Average 2 Bedroom Size Sq Ft
1,305
Average 1 Bedroom Size Sq Ft
770
Median Lot Size Sq Ft
7,840

Open Houses

  • 24319 Canyon Lake Dr N Unit 10, Canyon Lake, CA 92587

    $395,000

    • 2 Beds
    • 2 Baths
    • 925 Sq Ft
    • 24319 Canyon Lake Dr N
    • Unit 10

    Just Reduced! Welcome to your stunning oasis in Canyon Lake, CA! This updated End-Unit Condo offers your own private dock with breathtaking views of the serene lake, providing a tranquil and relaxing atmosphere. Step inside to find modern finishes throughout, creating a stylish and inviting space for you to call home.The open concept floor plan features a spacious living room with large

    Agent Photo
    Lisa Byrd
    Broker Town, Inc.
    (951) 574-2643
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  • 22633 Inspiration Point, Canyon Lake, CA 92587

    $759,000

    • 4 Beds
    • 3 Baths
    • 2,687 Sq Ft
    • 22633 Inspiration Point

    Bring your offers! Investors welcome! Seller says SELL! This is the deal you’ve been waiting for! A stunning 4-bedroom, 3-bath home perched atop one of Canyon Lake’s highest points, offering incredible lake views and luxurious living at an unbeatable price. Step inside and be greeted by a grand two-story entry, soaring ceilings, and sunlit living spaces that radiate warmth and elegance. The

    Agent Photo
    Cheryl Collins
    Cheryl Collins Homes
    (951) 621-7517
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  • 0 San Joaquin Dr W, Canyon Lake, CA 92587

    $749,000

    • 0 San Joaquin Dr W

    Discover the perfect canvas for your dream home with this expansive main lake waterfront lot, offering breathtaking views and endless possibilities. Situated in the prestigious, guard-gated community of Canyon Lake, this prime location provides exclusive access to a range of exceptional amenities including boating, golf, an equestrian center, sports courts, and much more.This versatile lot

    Agent Photo
    Kreg McCoy
    Link Brokerages
    (951) 904-5086
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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
11''
Average Winter Low Temperature
41°F
Average Summer High Temperature
97°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

1 / 100

Car-Dependent

Walk Score®®

6 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Canyon Lake