23592 Schooner, Canyon Lake, California 92587, Canyon Lake, 92587 - 2 bed, 2 bath

23592 Schooner, Canyon Lake, California 92587 home-pic-0
ACTIVE$539,900
23592 Schooner, Canyon Lake, California 92587
2Beds
2Baths
1,309Sqft
8,276Lot
Year Built
1983
Close
-
List price
$540K
Original List price
$550K
Price/Sqft
$412
HOA
$350
Days on market
-
Sold On
-
MLS number
SW25242954
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,6 Pros. Rank: price - $539.9K(15th), sqft - 1309(13th), beds - 2(6th), baths - 2(50th).

Tasteful single-story home located in the exclusive, gated community of Canyon Lake. Perfect for retirees, first-time buyers, or anyone seeking a relaxed lakeside lifestyle. This inviting home features an open floor plan with vaulted ceilings, a spacious living area, and a cozy dining nook. The upgraded kitchen includes modern appliances (all included), and a convenient indoor laundry room adds everyday ease. There are two comfortable bedrooms and two full bathrooms. The primary suite offers direct access to the patio, which can also be reached from the living room—ideal for relaxing or entertaining. The large lot provides ample space to expand the home if desired. Drought proof landscaping solves the maintenance and irrigation issues. Enjoy an attached two-car garage, plus additional parking for an RV and multiple cars. This property is well-situated next to a peaceful greenbelt, offering extra privacy and open views. Residents of Canyon Lake enjoy exceptional amenities, including guarded gated access, a private lake with over 15 miles of shoreline, and opportunities for waterskiing, swimming, fishing, and boating. Spend time at the lakeside parks and beaches, relax by the community pool, or dine at the Lighthouse Restaurant with stunning sunset views. With low taxes, easy freeway access, and nearby shops and restaurants, this home combines comfort, convenience, and community living at its best.

Price History

Date
Event
Price
11/15/25
Price Change
$539,900-1.8%
10/26/25
Listing
$549,900
Condition Rating
Fair

Built in 1983, this property is well-maintained and move-in ready, but its 'upgrades' appear to be from 15-30 years ago rather than recent. The kitchen features modern stainless steel appliances, but the light blue painted traditional cabinets, tiled countertops, and dated ceiling light panel give it an outdated aesthetic. Bathrooms are clean and functional with matching painted vanities and older strip lighting. While the wood laminate flooring throughout is a positive, other elements like the brick fireplace, mirrored closet doors, and some light fixtures also show their age. The property is functional but requires significant cosmetic updates to meet current design standards.
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 = 8276, living area = 1309.
Exclusive Gated Community & Amenities: Located within the exclusive, guarded gated community of Canyon Lake, offering a private lake lifestyle with extensive amenities including waterskiing, swimming, fishing, boating, parks, beaches, a community pool, and dining.
Upgraded Interior & Open Floor Plan: Features an inviting open floor plan with vaulted ceilings and an upgraded kitchen equipped with modern appliances, enhancing immediate livability and appeal.
Expansion Potential & Large Lot: The generous lot size provides ample space for potential home expansion, offering significant future value and customization opportunities.
Ample Parking & RV Accommodation: Includes an attached two-car garage plus additional parking for an RV and multiple vehicles, addressing a common need for many homeowners.
Low Property Taxes: Benefits from low property taxes, contributing to more affordable long-term homeownership costs within a desirable community.

Cons

Property Age (1983): Built in 1983, the property's age may imply older core systems (e.g., HVAC, plumbing, electrical) that could require future updates or maintenance, despite some interior upgrades.
Absence of Scenic Views: The property explicitly states 'None' for views, which could be a significant drawback for buyers seeking lake or natural vistas in a lakeside community.
Priced Above Market Estimate: The current list price is approximately 3% above its estimated market value, which may affect buyer perception and negotiation leverage.

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