31502 Emperor Drive, Canyon Lake, California 92587, Canyon Lake, 92587 - 4 bed, 3 bath

31502 Emperor Drive, Canyon Lake, California 92587 home-pic-0
ACTIVE UNDER CONTRACT$1,070,000
31502 Emperor Drive, Canyon Lake, California 92587
4Beds
3Baths
3,089Sqft
10,454Lot
Year Built
1992
Close
-
List price
$1.07M
Original List price
$1.07M
Price/Sqft
$346
HOA
$345
Days on market
-
Sold On
-
MLS number
SW25193089
Home ConditionExcellent
Features
Good View: Hills, Lake, Mountain(s), Neighborhood, Pool, Trees/Woods
Pool
Spa
Patio
ViewHills, Lake, Mountain(s), Neighborhood, Pool, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $1.07M(82th), sqft - 3089(82th), beds - 4(62th), baths - 3(50th).

Exceptional and unlike anything else on the market, this truly one of a kind farm style property has been completely transformed with over $300,000 in upgrades, just wrapping up a five-year renovation. Located in the guard gated community of Canyon Lake, this exquisite pool home offers designer high-end finishes, RV and boat parking, owned solar, and lake views. This stunning 3000 sqft property offers 4 bedrooms, 3 full baths, a traditional layout, two staircases and a 3-car garage. The interior is appointed with LVP floors, plantation shutters, high baseboards, crown molding, custom interior paint, custom lighting and wood working throughout. The main floor boasts a formal living area flowing into the family room offering a shiplapped fireplace and is open to a private seating area featuring a wine fridge and wrought iron staircase to the 2nd floor. The kitchen has been transformed with stainless steel appliances including a gas stove, two toned soft close cabinets, large island with quartz counters, subway tile backsplash, farm sink, and is open to the large dining room with custom built-ins and access to a private courtyard. The main floor also features an in-law area with a living area, barn door for privacy, one bedroom and a fully remodeled bathroom boasting custom tiled shower and single vanity. The large laundry room boasts tons of storage, a wash sink, subway tile backsplash and quartz counters. Access to the three-car garage is on the way to the second story via the main staircase which boasts a lift for attic access. The second story features two more spacious secondary bedrooms, an open office with built-in desks and shelves and a whole house fan. An amazing secondary bath is appointed with honeycomb tiled floors and shower, free standing tub and new lighting. The large primary bedroom boasts a shiplap accent wall, en-suite with lake views, and a large walk-in closet with custom built-ins. The breath-taking primary bath offers grey cabinets, and a custom shower with three shower heads, porcelain tile floors and walls and a free-standing tub. The private oasis offers a large CA room, stamped concrete, pavers, refinished saltwater pebble tech pool and above ground spa, built-in BBQ with eat-up bar, fruit trees and tons of privacy trees. This list goes on, see attached upgrades for more. Canyon Lake offers a private lake, golf course, horse amenities, sports courts, club house, country club, pool, baseball field, skate park and beaches.

Price History

Date
Event
Price
09/03/25
Listing
$1,070,000
Condition Rating
Excellent

Despite being built in 1992, this property has undergone an extensive, high-end renovation totaling over $300,000, completed within the last five years. The kitchen is fully transformed with new stainless steel appliances, two-toned soft-close cabinets, quartz counters, and a farm sink. All three bathrooms are completely remodeled with modern fixtures, custom tiling, and free-standing tubs. LVP flooring, custom lighting, and fresh paint are found throughout, indicating virtually new components and meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive High-End Renovation: The property boasts over $300,000 in recent upgrades and designer finishes throughout, including LVP floors, custom lighting, and woodworking, creating a modern and luxurious living environment.
Exceptional Outdoor Living & RV/Boat Parking: Features a refinished saltwater pebble tech pool, above-ground spa, built-in BBQ with eat-up bar, large California room, and valuable RV and boat parking, ideal for entertaining and recreation.
Guard-Gated Community with Abundant Amenities & Lake Views: Located in the secure, guard-gated Canyon Lake community, offering a private lake, golf course, sports courts, and more, with the property itself providing desirable lake views.
Modern Gourmet Kitchen: The kitchen has been completely transformed with stainless steel appliances, a gas stove, two-toned soft-close cabinets, a large island with quartz counters, and a farm sink, perfect for culinary enthusiasts.
Flexible Living Spaces with In-Law Suite: Includes a dedicated in-law area with a private living space, bedroom, and fully remodeled bathroom, along with an open office with built-in desks, offering versatile living arrangements.

Cons

Above Estimated Market Value: The current listing price of $1.07M is higher than the estimated market value of approximately $1.038M, which could impact buyer interest and negotiation leverage.
Ongoing Association Fees: The property is subject to a monthly association fee of $345, which adds to the overall cost of homeownership and may be a consideration for budget-conscious buyers.
Potential for Older Infrastructure: Despite extensive renovations, the property was originally built in 1992, meaning some underlying infrastructure (e.g., original plumbing, electrical behind walls) might be older, which could be a concern for buyers seeking entirely new construction.

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