Canyon Lake, California, is a distinctive gated community nestled in the foothills of Riverside County, offering a unique blend of resort-style living and suburban comfort. Established in 1968 and incorporated in 1990, this master-planned city is built around a 500-acre reservoir, providing residents with a picturesque setting and a wealth of recreational opportunities.
The community is renowned for its extensive amenities managed by the Canyon Lake Property Owners Association (POA), including an 18-hole golf course, tennis courts, multiple swimming pools, parks, beaches, and an equestrian center. These facilities foster an active lifestyle and a strong sense of community among residents. Additionally, the city hosts numerous events throughout the year, such as the "Fiesta Day" carnival and parade, enhancing its family-friendly atmosphere.
For potential homebuyers, Canyon Lake presents a compelling real estate market. As of early 2025, the median listing home price is approximately $750,000, with homes typically spending around 56 days on the market. The community offers a variety of housing options, from waterfront properties to homes with scenic views, catering to diverse preferences and budgets.
Canyon Lake's strategic location provides residents with convenient access to nearby cities like Menifee and Lake Elsinore, while still maintaining a tranquil, small-town ambiance. With its combination of natural beauty, robust amenities, and a tight-knit community, Canyon Lake stands out as an appealing destination for those seeking a balanced and fulfilling lifestyle in Southern California.
CA
Canyon Lake
$1,007,411
$779,000
95
10,885
LISTINGS
- 3 Beds3 Baths2,222 SqFt3DOpen Tue 12:30PM-4:30PM
$1,029,000
- 6 Beds5 Baths2,655 SqFt1/39 39New
$725,000
- 3 Beds2 Baths1,344 SqFt1/35 35New
$575,000
RECENTLY SOLD
$575,000
$565,000
1.8%22893 Cove View ST, Canyon Lake, CA 92587
Listed by Dominic Dye of eXp Realty of Southern California, Inc.

$650,000
$629,000
3.3%29117 Big Range RD, Canyon Lake, CA 92587
Listed by Heather Chance of LPT Realty, Inc

$595,000
$599,000
0.7%29779 Longhorn DR, Canyon Lake, CA 92587
Listed by KAREN FLECKY of COLDWELL BANKER ASSOC BRKR/CL

MARKET TRENDS
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