Canyon Lake, California
Average Home Sizes and Asking Prices
Updated On: November 27, 2015
|Sold Price History in 92587|
Homes for Sale in Canyon Lake
Canyon Lake Real Estate & Homes for Sale in California
Canyon Lake is a progressive city determined to maintain a high quality of life for its residents. Located in Riverside County, California, the community of Canyon Lake is a private, gated community that features a magnificent man-made lake, equestrian facilities and country club living. It is recognized as one of the top recreational communities in the United States. Housing options throughout Canyon Lake include single family homes, condominiums and townhouses, as well as waterfront property.
The community runs the course of the lake making it impossible to be far from the water. The lake is open to boating, swimming and fishing to residents and their guests. This gorgeous area is home to more than 11,250 residents that enjoy the strong economy, lush landscapes, and an excellent school system. Canyon Lake’s Real Estate & Property Owners Association owns and operates the lodge and swimming pool, tennis courts, seven beaches, seven parks, parking lots, golf course, a 10-acre equestrian center, approximately 38 miles of private roads, pedestrian easements and the common dock areas.
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Price Range of Canyon Lake Homes for Sale in Riverside
The gated community of Canyon Lake has experienced strong population growth over the past decade thanks to the community's affordable housing prices. Although small in size, the city is comprised of almost 5,000 individually owned lots with custom-built homes ranging in size and style from the quaint to the grand. Townhouses and condos in Canyon Lake begin in the low $100,000s to upwards of $320,000 for a lakeside home. Houses in Canyon Lake start at $110,000 and go as high as $2.5 million on lake and beach-front properties with panoramic views. Canyon Lake also has an assortment of waterfront properties and some golf course homes available in this resort-like community.
Canyon Lake Real Estate Stats and Trends for the week of November 23rd, 2015: homes priced around $274,340 compared to $458,561 the previous week, showing a decrease of less than -67%. For Friday, November 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.93%; the 15 year fixed rate is at 2.99%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.24%, while the 15 year jumbo rate currently is at 3.97%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Canyon Lake CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Canyon Lake to help you find the best home!