23428 Continental Way, Canyon Lake, California 92587, Canyon Lake, 92587 - 2 bed, 2 bath

23428 Continental Way, Canyon Lake, California 92587 home-pic-0
ACTIVE$765,000
23428 Continental Way, Canyon Lake, California 92587
2Beds
2Baths
1,780Sqft
Lot
Year Built
1982
Close
-
List price
$765K
Original List price
$765K
Price/Sqft
$430
HOA
$340
Days on market
-
Sold On
-
MLS number
SW25181963
Home ConditionFair
Features
Excellent View: Lake
Deck
Patio
ViewLake

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $765.0K(50th), sqft - 1780(50th), beds - 2(50th), baths - 2(50th).

This rare listing boasts exceptional positioning on the Main Channel offering spectacular lake views offers 3 bedrooms, 2 bathrooms, PLUS a bonus room/4th bedroom potential - a loft on the 3rd floor with a built-in office space. The Great Room greets you with soaring wood panel vaulted ceilings and stunning lake views. The dining area and lounge area offer a corner fireplace - a gorgeous focal point for gatherings. Enjoy the stunning wrap-around deck the perfect space for relaxing and entertaining, with fantastic lake side views and the perfect setting to take in the calming sunset! A spacious loft cascades above the great room which can be converted into another bedroom and has a cozy nook with built in desk and extra storage/closet space. This home also Includes a finished basement adding approximately 400 sq feet located below the primary bedroom and serves as a versatile space—a den/gym/3rd bedroom, equipped with a cedar lined closet and a private patio! The kitchen enhancements include granite counters, tile backsplash, a deep single basin sink and plenty of cabinet storage space. Located in the highly desirable Continental Cove Townhomes adjacent to Indian Beach Park and ready to be made yours! Also featuring an attached 2-Car Garage plus and an additional assigned parking space. This stunning home also comes with a Private Boat Slip, as well as access to an array of Resort-Like Community amenities including the private lake with Lodge restaurant & bar, sparkling pools and spas, boating, fishing, many water sports opportunities, tennis/pickleball courts, golfing, parks, and so much more! Schedule your private tour today!

Price History

Date
Event
Price
08/15/25
Listing
$765,000
Condition Rating
Fair

The property was built in 1982, making it over 40 years old. While the kitchen has received updates with granite countertops, tile backsplash, and stainless steel appliances, the bathrooms appear significantly dated with older tile, fixtures, and overall style, suggesting they have not been renovated recently. The living areas feature vaulted wood panel ceilings and carpet, which, while maintained, reflect an older aesthetic. The home is aged but appears maintained, with major components functional but showing signs of being outdated, particularly the bathrooms, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Prime Waterfront Location & Views: Exceptional positioning on the Main Channel with spectacular lake views, complemented by a stunning wrap-around deck perfect for enjoying sunsets.
Extensive Community Amenities: Includes a private boat slip and access to a wide array of resort-like community amenities such as a private lake, restaurant/bar, pools, spas, boating, fishing, water sports, tennis/pickleball courts, and golfing.
Versatile Living Spaces: Features a bonus room/4th bedroom potential in a 3rd-floor loft with built-in office space, and a finished basement adding 400 sq ft for a den/gym/3rd bedroom with a private patio.
Charming Interior Features & Updates: Boasts soaring wood panel vaulted ceilings, a corner fireplace, and kitchen enhancements including granite counters, tile backsplash, and a deep single basin sink.
Ample Parking: Includes an attached 2-car garage plus an additional assigned parking space, providing convenient and sufficient parking options.

Cons

Higher than Estimated Value: The listing price is approximately 9% above the property's estimated market value, which may be perceived as aggressive and could impact buyer interest or market time.
Monthly Association Fees: A monthly association fee of $340 adds a significant recurring cost to homeownership, which could be a deterrent for some potential buyers.
Property Age: Built in 1982, the property's age, despite some kitchen updates, suggests that other major systems (e.g., HVAC, plumbing, electrical) may be original and could require future maintenance or upgrades.

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