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23662 Fair Weather Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 2 bath

23662 Fair Weather Drive, Canyon Lake, California 92587 home-pic-0
ACTIVE$720,000
23662 Fair Weather Drive, Canyon Lake, California 92587
4Beds
2Baths
1,874Sqft
9,583Lot
Year Built
1979
Close
-
List price
$720K
Original List price
$750K
Price/Sqft
$384
HOA
$345
Days on market
-
Sold On
-
MLS number
SW25097149
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 60% below the list price. We found 3 Cons,6 Pros. Rank: price - $720.0K(60th), sqft - 1874(40th), beds - 4(62th), baths - 2(50th).

***PRICE REDUCTION ALERT*** *** Fully Remodeled Single-Story Home in a Resort-Style Gated Community *** Welcome to your dream home in the private, guard-gated community of Canyon Lake — where every day feels like a vacation! This beautifully remodeled single-story home offers 4 spacious bedrooms, 2 full bathrooms, and nearly 1,900 square feet of comfortable living space. Freshly painted inside and out, this home features brand-new flooring throughout. Dual-pane windows and a sliding glass door (installed in 2020) bring in lots of natural light and energy efficiency. Step inside to a bright and open floor plan. The large living room flows into a covered back patio — perfect for relaxing or entertaining. The kitchen is a cook’s delight with quartz countertops, a breakfast bar, tons of cabinet space, recessed lighting. Primary bedroom features a walk-in closet and a remodeled bathroom with updated finishes. All bedrooms feature new ceiling fans for additional lighting. You'll love the large, flat driveway, attached 2-car garage, and rare gated side yard with room for RV or boat parking. The backyard is huge — plenty of space to design your future outdoor retreat. Canyon Lake is a one-of-a-kind, year-round vacation community with amazing amenities: - Private 383-acre lake for boating, fishing, swimming, and water sports - Golf course, tennis & pickleball courts, and a country club - Lakeside parks, beaches, and a resort-style pool - Campground, equestrian center, and dog parks - Low taxes and friendly neighborhood vibe Come see it today and make this move-in ready home your own!

Condition Rating
Excellent
Despite being built in 1979, this property has undergone a 'fully remodeled' transformation, bringing it to a virtually new condition. The description highlights brand-new flooring, fresh paint inside and out, and dual-pane windows/sliding door installed in 2020. The images confirm a modern kitchen with grey shaker cabinets, white quartz countertops, stainless steel appliances, and recessed lighting. Both bathrooms are also extensively updated with contemporary vanities, fixtures, and tiling. All visible components appear new and meet current quality standards, indicating no deferred maintenance.
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 = 9583, living area = 1874.
Resort-Style Gated Community: The property is located within the private, guard-gated community of Canyon Lake, offering extensive amenities including a 383-acre lake for water sports, golf course, tennis/pickleball courts, country club, parks, beaches, pool, campground, equestrian center, and dog parks.
Extensive Recent Renovations: The home has undergone a full remodel, featuring fresh paint inside and out, brand-new flooring, dual-pane windows and a sliding glass door (installed in 2020), an upgraded kitchen with quartz countertops, and a remodeled primary bathroom with updated finishes.
Practical Outdoor & Parking Features: Includes a large, flat driveway, an attached 2-car garage, a rare gated side yard with ample space for RV or boat parking, and a huge backyard offering significant potential for outdoor design.
Desirable Single-Story Layout: The property offers a single-story floor plan, which is often sought after for its accessibility, ease of maintenance, and broad appeal to various buyer demographics.
Bright & Open Interior: Features a bright and open floor plan, complemented by dual-pane windows and a sliding glass door that allow for abundant natural light, creating an inviting living space.

Cons

Significant Overpricing Relative to Estimated Value: The current listing price of $720,000 is substantially higher than the estimated property value of approximately $282,710, indicating a potential overvaluation that may deter buyers.
Absence of Premium Features Found in Comps: Unlike several comparable properties in the area, this home does not include a private pool or a solar system, which are increasingly desirable amenities that could impact its competitiveness.
High Monthly Association Fees: The property incurs a monthly association fee of $345.0, which adds a significant recurring cost to homeownership and could be a consideration for potential buyers.

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