$665,000
UNDER CONTRACT $20K PRICE DROP

22244 Treasure Island Dr Unit 5 Canyon Lake, CA 92587

Estimated payment $5,132/month

Total Views 4,654
2 Beds
2 Baths
1,252 Sq Ft
$531 Price per Sq Ft

Highlights

  • Lake Front
  • Community Stables
  • Spa
  • Golf Course Community
  • Gated with Attendant
  • 1-minute walk to Sunset Beach

About This Home

The Sunsets are beautiful from Canyon Lake's Treasure Island! This 36 unit condo complex features it's own private gated access, boat dock deeded to each unit, clubhouse, gym, pool/spa, horse shoe pit and walking trail around the entire island! This immaculate FULLY FURNISHED 2 bedroom, 2 bath, condo located in the exclusive Treasure Island Community within Canyon Lake. The complete remodeled interior including; new windows and doors, kitchen cabinets and counters, both bathrooms with tiled walk-in showers, flooring, wall texture and paint, electrical and plumbing fixtures. The home comes fully furnished as priced. New Heating, Ventilation and Air Conditioning System (Heat pump, air handler and thermostat). Patio remodeled with smooth-coat plaster and tile flooring. Front entry walkway tiled. Single car garage, and an assigned parking spot. Private dock and boat slip, storage locker, power and water. Private slip has a boat lift with two-(2) sets of boat bunks that can accommodate either a pontoon boat or a V-bottom boat. Treasure Island Owners Association dues covers: all exterior building, dock, clubhouse, pool and spa, sidewalks, lights and wrought iron fencing maintenance and repair, landscape maintenance, trash and water. Canyon Lake is a private community with full lake access to residents to enjoy whether its fishing, skiing or just enjoying the waterways. Enjoy the many activities that include the awesome fireworks show that is seen right off of your back patio for 4th of July celebrating or one of the local music events at the Canyon Lake Lodge, Holiday Harbor and the Canyon Lake Country Club.

Listing Agent

Jerry G

T.N.G. Real Estate Consultants Brokerage Phone: 714-987-3310 License #01949771 Listed on: 05/17/2025

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,795

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Lake Front
  • Property fronts a private road
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Landscaped

HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Vinyl Flooring
  • Lake Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Access To Lake
  • Lake Privileges
  • Tile Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4793
  • Assessor Parcel Number 354180006
  • $337 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 36 Units
  • Canyon Lake Property Owners Association, Phone Number (951) 244-6841
  • Associated Professional Services Association, Phone Number (619) 299-6899
  • Community Lake
  • Greenbelt

Recreation

  • Golf Course Community
  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Fishing
  • Park
  • Water Sports
  • Community Stables
  • Bike Trail

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,795

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$1,032 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: see private remarks for details.
  • Other Phone Description: Agent Jerry
  • Other Phone Number: 714-928-6289
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard
  • View: Yes
  • Zoning: R2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 354180006
  • Year Built: 1974
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: Yes
  • Living Area: 1252.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Furnished, Open Floorplan, Quartz Counters
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: 1 Common Wall, End Unit, No One Below
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 531.15
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Lake
  • Patio And Porch Features: Tile
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Microwave
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Treasure Island Owners Association
  • Amenities: Pickleball, Pool, Spa/Hot Tub
  • Association Fee: 357.00
  • Association #2 Fee: 675.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Canyon Lake Property Owners Association
  • Phone: 951-244-6841
  • Association Phone #2: 619-299-6899
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Fishing, Golf, Lake, Park, Watersports, Stable(s), Sidewalks
  • Association Management: Canyon Lake Property Owners Association
  • Association Management 2: Associated Professional Services

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Landscaped

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 36
  • Number Of Units Total: 36
  • Waterfront Features: Lake, Lake Front, Lake Privileges

Tax Info

  • Tax Census Tract: 427.48
  • Tax Lot: 5
  • Tax Tract Number: 4793
  • TaxOtherAnnualAssessmentAmount: 337.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,795 $541,214 $108,242 $432,972
2023 $5,795 $520,200 $104,040 $416,160
2022 $5,502 $510,000 $102,000 $408,000
2021 $5,398 $500,000 $100,000 $400,000
2020 $3,984 $387,600 $76,500 $311,100
2019 $3,963 $380,000 $75,000 $305,000
2018 $2,301 $219,558 $84,444 $135,114
2017 $2,256 $215,254 $82,789 $132,465
2016 $2,172 $211,034 $81,166 $129,868
2015 $2,147 $207,866 $79,948 $127,918
2014 $2,128 $203,796 $78,383 $125,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2025 07/13/25 Price Changed $665,000 -2.9% $531 / Sq Ft
05/17/2025 05/17/25 For Sale $685,000 +37.0% $547 / Sq Ft
08/07/2020 08/07/20 Sold $500,000 -5.5% $399 / Sq Ft
05/31/2020 05/31/20 For Sale $529,000 0.0% $423 / Sq Ft
10/10/2018 10/10/18 Rented $2,000 0.0% --
10/01/2018 10/01/18 Price Changed $2,000 -13.0% $2 / Sq Ft
08/08/2018 08/08/18 For Rent $2,300 0.0% --
08/07/2018 08/07/18 Sold $380,000 -1.8% $304 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $387,000 -- $309 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $500,000 Stewart Title Company
Grant Deed $380,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $195,000 Servicelink
Trustee Deed $423,704 None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $139,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $235,800 New Conventional
Previous Owner $146,250 New Conventional
Previous Owner $396,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 Credit Line Revolving
Previous Owner $104,600 Purchase Money Mortgage
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25104768

California Regional Multiple Listing Service (CRMLS)

APN: 354-180-006