28587 Goetz Rd, Canyon Lake, California 92587, Canyon Lake, 92587 - 3 bed, 2 bath

28587 Goetz Rd, Canyon Lake, California 92587 home-pic-0
ACTIVE$299,000
28587 Goetz Rd, Canyon Lake, California 92587
3Beds
2Baths
960Sqft
Lot
Year Built
1951
Close
-
List price
$299K
Original List price
$320K
Price/Sqft
$311
HOA
-
Days on market
-
Sold On
-
MLS number
250037337SD
Home ConditionPoor
Features
Good View: Mountain(s)
Pool
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $299.0K(1th), sqft - 960(6th), beds - 3(50th), baths - 2(50th).

Fixer with Views & Endless Potential. This 3-bed 1.5-bath property perched on a hilltop with beautiful south-facing views is a true diamond in the rough. In need of repairs and updating, it offers an incredible opportunity for investors, contractors, or buyers ready to bring their vision to life. The home sits on a spacious lot and provides plenty of room to reimagine, expand, or rebuild. With its elevated position, you’ll enjoy privacy and a sweeping outlook over the surrounding hills and neighborhoods. Located just minutes from Canyon Lake, Menifee, and Lake Elsinore, this property combines convenience with potential. Whether you’re looking to renovate and create your dream home, flip for profit, or hold as a long-term investment, the possibilities are wide open. Buyer(s) to verify and approve all data, reports, records, inspections, permits, MLS, HOA, if applicable and all information pertaining to the property prior to removal of contingencies. All contracts/offers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties. Pre-inspection available upon request

Price History

Date
Event
Price
09/24/25
Price Change
$299,000-6.6%
08/26/25
Listing
$320,000
Condition Rating
Poor

Built in 1951, this property is explicitly marketed as a 'fixer' and 'in need of repairs and updating,' indicating substantial rehabilitation is required. The MLS description and property analysis highlight 'Extensive Renovation Required' and 'Outdated Infrastructure.' While specific images of the kitchen and bathrooms are not provided, the visible interior spaces (living room, bedroom) show significant wear, dated finishes, and signs of neglect (e.g., wall scuffs, potential ceiling stains). The exterior and surrounding lot are unkempt and utilitarian. The overall condition suggests major components are outdated and require significant investment to meet modern standards, aligning with the 'poor' criteria.
Pros & Cons

Pros

Panoramic Views: The property boasts beautiful south-facing views from its hilltop, elevated position, offering a sweeping outlook over surrounding hills and neighborhoods.
High Investment Potential: Positioned as a 'diamond in the rough,' it offers significant opportunity for investors, contractors, or buyers to add substantial value through renovation, expansion, or rebuilding.
Generous Lot Size: Situated on a spacious lot, there is ample room for potential expansion of the existing structure or development of outdoor living spaces.
Enhanced Privacy: Its elevated location provides a desirable level of privacy, separating it from immediate neighbors and street activity.
Convenient Regional Access: Located just minutes from Canyon Lake, Menifee, and Lake Elsinore, offering easy access to recreational activities and essential amenities.

Cons

Extensive Renovation Required: The property is explicitly described as a 'fixer' and 'in need of repairs and updating,' demanding significant capital and effort from the buyer to bring it to modern standards.
Outdated Infrastructure: Built in 1951, the home likely features aging systems and components, which could lead to higher maintenance costs and require immediate comprehensive upgrades.
Limited Bathroom Facilities: With only 1.5 bathrooms for a 3-bedroom layout, the property may present functional limitations and inconvenience for families or multiple residents.

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