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22561 Bass, Canyon Lake, CA 92587

$1.30M4bd · 4ba · 2,630 sqft
Lot 6,970 sqft•HOA $362/mo•Single Family Residence•
Active
•178d on market•MLS# SW-26072701

Property Description

MAJOR PRICE REDUCTION! NOW OFFERED AT $1,299,000! MOTIVATED SELLER! This beautiful waterfront home offers the perfect combination of comfort, style, and the ultimate Southern California lake lifestyle. Step inside to discover a beautifully remodeled kitchen featuring an expansive quartz island, perfect for entertaining family and friends. A convenient downstairs en-suite bedroom provides flexibility for guests or multigenerational living, while upstairs sliding glass doors open to a balcony overlooking the lake. Car enthusiasts, boat lovers, and those needing extra storage will appreciate the TWO separate two-car garages, offering FOUR garage spaces! The spacious backyard also provides room to create your own private poolside paradise. INCREDIBLE ADDED VALUE! The property features a $63,000 FULLY PAID-OFF SOLAR SYSTEM with 37 panels, offering significant potential energy savings! ?? ADDITIONAL WATERFRONT VALUE! Canyon Lake POA-approved U-shaped dock plans, with written approval available for review! Seller has already paid the dock contractor for the proposed installation. Construction has not yet begun, and completion remains pending. An exciting opportunity to enhance your Canyon Lake waterfront lifestyle! Enjoy everything Canyon Lake has to offer, including boating, waterskiing, fishing, golf, beaches, parks, restaurants, community events, and so much more! SOLAR DETAILS: 15 kW solar system featuring 37 high-efficiency 425W panels, producing approximately 18,000 kWh annually. Property benefits from grandfathered Southern California Edison NEM 2.0 (Net Energy Metering 2.0) with favorable 1:1 credit, reducing the need for battery storage. System includes Enphase Energy and Maxeon Solar Technologies components, a 25-year system warranty, and panels with a 40-year manufacturer warranty. Estimated production supports typical household usage, including electric vehicle charging. Significant value-add to the property. SOLAR WILL BE PAID OFF AT COE.

Features & Amenities

FeeBuilt 2000

Property Details

Land Type
Fee
Year Built
2000
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Central
Cooling
Central Air
View
Lake, Water
Flooring
Stone
City
Canyon Lake
Zip Code
92587
County
Riverside
Listed byUnknown Office, Traci Hansen

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$6,568.45
Principal & Interest
Loan Amount
$1,039,200
Total Interest
$1,325,442
Total Payment Over 30 Years
$2,364,642
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

22561 Bass, Canyon Lake, CA 92587

Canyon Lake · Single Family Residence

$1.35M
Residential Tier
Beds
4
Baths
4
Sqft
2,630
Lot
6,970 sqft
Year
2000
$/Sqft
$513
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 4-car✓

Listed 32.9% above the median closed sale of $1,015,000. Price per sqft ($513) is a 25% premium to closed comps ($412).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.35M· $513/sqft
Total list price
Closed comps
vs closed median $1.01M
+$334K (+32.9%)
Active comps
vs active median $959K
+$390K (+40.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $440
+$73 (+16.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
22561 Bass PlaceCanyon Lake2000442,6306,970$568$1.50M63878
30249 Point Marina DriveCanyon Lake1980332,3606,098$406$959,00014277
30416 Comanche CircleCanyon Lake2005432,66510,018$591$1.57M877
23447 ContinentalCanyon Lake1989432,6637,841$329$874,9008876
22330 Canyon Lake DrCanyon Lake2005322,6247,405$304$799,0006674
Total: 5 · Average3.63.02,588.47,666.4$439.6$1.14M188.4
Median2,630$959,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
30103 Boat HavenCanyon Lake199009/04/2026432,5026,534$1.10M$1.01M$4060.924586
22796 Water ViewCanyon Lake197909/25/2026332,5677,405$1.60M$1.57M$6140.983783
30594 Longhorn DriveCanyon Lake200509/25/2026452,7826,970$1.18M$1.18M$4221.0016080
30823 Early RoundCanyon Lake199609/08/2026432,6557,405$799,950$755,000$2840.946779
22772 Inspiration PointCanyon Lake200009/21/2026432,3006,969$749,000$770,000$3351.033178
Total: 5 · Average3.83.42,561.27,056.6$1.06M$1.06M$412.2—68
Median2,567$1.01M$1.01M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.