RealKey
‪(213) 433-7766‬

23316 23316 Gray Fox, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 3 bath

23316 23316 Gray Fox, Canyon Lake, California 92587 home-pic-0
ACTIVE$1,049,000
23316 23316 Gray Fox, Canyon Lake, California 92587
4Beds
3Baths
2,913Sqft
12,196.8Lot
Year Built
1979
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$360
HOA
$350
Days on market
-
Sold On
-
MLS number
IV25232610
Home ConditionFair
Features
Excellent View: Lake, Water
Patio
ViewLake, Water

About this home

Possibly Over-Priced:The estimated price is 13% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.05M(79th), sqft - 2913(80th), beds - 4(62th), baths - 3(50th).

HUGE PRICE REDUCTION! Opportunity Knocks! Canyon Lake East Bay Waterfront Home on a 1/4 Acre For Sale! Spacious 4 Bedroom 3 Bath over 2900+ sqft. This home is an entertainers dream home featuring a formal living room, dining room, family room with a bar, and an office! This home offers lots of natural light, recessed lighting, and ceiling fans. This home is situated on a 12,000+ lot (1/4 acre). The breathtaking views from the covered patio are one of a kind. On your walk down to the lake, you will be surrounded by fruit trees. Once you arrive at the lake, you can easily access your dock complete with a cover, and hydrolift. All of this in the beautiful community of Canyon Lake featuring tons of amenities including boating, fishing, water skiing, and wake boarding! It also offers 20+ parks and beaches throughout the community, sports courts like volleyball, pickle ball, tennis, basketball, a community pool, baseball diamonds, a private campground, a 10 acre equestrian center and low property taxes! Make an appointment to view this beautiful home today and come see why they call Canyon Lake "A Bit of Paradise!"

Price History

Date
Event
Price
10/04/25
Listing
$1,049,000
Condition Rating
Fair
The property, built in 1979, is well-maintained and appears clean throughout. However, the interior, particularly the kitchen and bathrooms, exhibits significantly dated styles and features, including white appliances, tile countertops, older cabinetry, and traditional light fixtures. The extensive use of beige carpeting and the overall aesthetic suggest that while the home has been cared for, it has not undergone major renovations in several decades. Major components are functional but show clear signs of being outdated, requiring cosmetic updates to meet current buyer expectations.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12196, living area = 2913.
Prime Waterfront Location: Direct lake access with a private dock, cover, and hydrolift, offering unparalleled lakefront living and recreational opportunities.
Generous Lot Size & Views: Expansive 1/4 acre lot (12,000+ sqft) providing ample outdoor space and breathtaking lake views from the covered patio.
Spacious & Versatile Floor Plan: Over 2900 sqft with 4 bedrooms, 3 baths, multiple living areas (formal living, dining, family room with bar, office), catering to diverse lifestyle needs and entertaining.
Abundant Community Amenities: Access to a wide array of Canyon Lake amenities including boating, fishing, water sports, numerous parks/beaches, sports courts, community pool, and an equestrian center.
Attractive Financials: Benefits from a significant price reduction and low property taxes, enhancing its appeal and potential value for buyers.

Cons

Age of Construction (1979): As a 1979 build, the property may require updates to major systems (e.g., HVAC, plumbing, electrical) or cosmetic renovations to align with modern buyer expectations, as no comprehensive interior renovations are specified.
Potential for Outdated Aesthetics: While functional, the interior design and finishes might reflect its original build era, potentially necessitating cosmetic upgrades for a contemporary feel.
Unspecified Cooling System: The listing does not explicitly mention a central air conditioning system, which could be a comfort concern for prospective buyers during Canyon Lake's warmer seasons.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state