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Canyon Lake, CA Townhome for Sale

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    $765,000 Open Sun 12PM - 2PM

    • 2 Beds
    • 2 Baths
    • 1,780 Sq Ft

    23428 Continental Way, Canyon Lake, CA 92587

    This rare listing boasts exceptional positioning on the Main Channel offering spectacular lake views! This townhouse has 2 bedrooms, 2 baths plus a bonus room/office (potential 3rd bedroom). A great room greets you with vaulted ceilings & dining area centered by a brick wood-burning fireplace—a cozy focal point for gatherings and opens to a wrap-around deck to relax and enjoy the lake with

    Ana Dittamo Redfin Corporation

    23428 Continental Way, Canyon Lake, CA 92587

Why Live in Canyon Lake

Canyon Lake, CA, is a unique gated community nestled in the foothills of the Temescal Mountains, built around a 500-acre reservoir. Known for its lakeside homes, palm trees, and scenic views, the area offers year-round water activities such as fishing, swimming, and boating. The Canyon Lake Property Owners Association maintains the city’s streets, parks, and numerous social events, contributing to the community's vibrant atmosphere. Residents enjoy over a dozen green spaces and sandy beaches, including Holiday Harbor with its playgrounds and swimming beach, and East Port Park with a dedicated dog park. The Lodge hosts community events like movie nights and classic car shows, while Skippers Island is famous for its Fourth of July fireworks display. Housing options range from modest 1960s ranch-style houses to custom-built multi-level residences, often featuring Spanish-inspired red tile roofs, large windows, and solar panels. The majority of homes are detached single-family residences, fostering a close-knit community where neighbors look out for each other. Local attractions include the Canyon Lake golf course, equestrian center, and tennis courts. Though retail stores and restaurants are limited, residents frequent neighborhood spots like Canyon Lake Market and The Lighthouse Restaurant & Bar. The highly rated schools in the Lake Elsinore Unified School District include Tuscany Hills Elementary, Canyon Lake Middle, and Temescal Canyon High. Canyon Lake is conveniently located near the 15 and 215 Freeways, making travel to nearby cities like Riverside, Murrieta, and Temecula accessible.

Home Trends in Canyon Lake, CA

Housing Trends

Median Sale Price
$699,750
Median Single Family Sale Price
$733,500
Median 2 Bedroom Sale Price
$520,000
Median 1 Bedroom Sale Price
$370,000
Average Price Per Sq Ft
$383
Number of Homes for Sale
83
Last 12 months Home Sales
184
Months of Supply
5.40
Median List Price
$749,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
5%
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