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Sold for $692,000
  • Listed by: Elevate Real Estate Agency • Lilly Zhang • Contact: 951-280-9832
    Bought with: eXp Realty of California, Inc.
    $692,000

    22700 Cascade Dr, Canyon Lake, CA 92587

    4beds
    3,390sqft
    Single Family Residence
    Built in 1979
    7,841 Square Feet Lot
    $694,100 Zestimate®
    $204/sqft
    $4,644 Estimated rent

    Home value

    $694,100

    $632,000 - $764,000

    $4,644/mo

    Zestimate® history
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    What's special

    BACK ON THE MARKET! No fault of the seller; the buyer did not obtain loan approval. Featuring a versatile two-level floor plan, The home offers 4 bedrooms and 4 bathrooms, thoughtfully distributed for privacy and functionality. this property is ideal for multi-generational living or generating rental income by occupying one level and leasing the other. Upstairs includes an oversized primary suite with a walk-in closet and full bathroom, along with a guest bedroom and a bathroom conveniently located near the main entry. The open-concept living and dining areas feature wood flooring and a granite-faced fireplace, creating a warm and inviting space. The kitchen is well-appointed with granite countertops and a built-in double oven. Step out from the dining area onto a composite deck with partial lake views. Downstairs offers a separate living area with another granite-faced fireplace, a spacious primary suite with a large walk-in closet and private backyard access, plus an additional guest bedroom and bathroom-perfect for extended family or tenants. The backyard includes gated access for boat, RV, or golf cart parking—ideal for enjoying the Canyon Lake lifestyle. Don't miss this incredible opportunity to own a flexible, income-generating home in a highly desirable community!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lilly Zhang DRE #01902788 626-975-8888,

    Elevate Real Estate Agency

    Bought with:

    Trevor Mitchell, DRE #02113458

    eXp Realty of California, Inc.

    Source: CRMLS,MLS#: SW25025306MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Family Room, Living Room, Primary Bedroom
    Primary bedroom
    • Features: Primary Suite
    Bathroom
    • Features: Granite Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher
    • Laundry: Laundry Room
    Features
    • Balcony, Ceiling Fan(s), Primary Suite
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,390 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, RV Access/Parking, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Lake, Neighborhood, Peek-A-Boo
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 7,841 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 353261022
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer, Other
    • Water: Public

    Community & HOA

    Community
    • Features: Dog Park, Fishing, Golf, Lake, Park, Gated, Pool
    • Security: Carbon Monoxide Detector(s), Gated with Guard, Gated Community
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Dog Park, Golf Course, Barbecue, Paddle Tennis, Playground, Pickleball, Pool, Guard, Spa/Hot Tub, Security, Tennis Court(s)
    • HOA fee: $345 monthly
    • HOA name: CLPOA
    • HOA phone: 951-244-6841
    Location
    • Region: Canyon Lake

    Financial & listing details

    • Price per square foot: $204/sqft
    • Tax assessed value: $531,399
    • Date on market: 2/5/2025
    • Cumulative days on market: 350 days
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/3/2026Sold$692,000-1.1%$204/sqft
    Source: CRMLS #SW25025306 Report a problem
    5/15/2026Pending sale$699,990$206/sqft
    Source: CRMLS #SW25025306 Report a problem
    5/5/2026Contingent$699,990$206/sqft
    Source: CRMLS #SW25025306 Report a problem
    4/16/2026Listed for sale$699,990$206/sqft
    Source: CRMLS #SW25025306 Report a problem
    3/1/2026Pending sale$699,990$206/sqft
    Source: CRMLS #SW25025306 Report a problem
    2/9/2026Contingent$699,990$206/sqft
    Source: CRMLS #SW25025306 Report a problem
    9/27/2025Listed for sale$699,990+64.7%$206/sqft
    Source: CRMLS #SW25025306 Report a problem
    3/12/2019Listing removed$2,500$1/sqft
    Source: Home Pros #SW19045835 Report a problem
    3/1/2019Listed for rent$2,500+4.2%$1/sqft
    Source: Home Pros #SW19045835 Report a problem
    8/9/2017Listing removed$2,400$1/sqft
    Source: Home Pros #SW17161153 Report a problem
    7/15/2017Listed for rent$2,400+6.7%$1/sqft
    Source: Home Pros #SW17161153 Report a problem
    7/17/2015Listing removed$2,250$1/sqft
    Source: Home Pros #SW15145755 Report a problem
    7/6/2015Listed for rent$2,250$1/sqft
    Source: Home Pros #SW15145755 Report a problem
    9/6/2013Sold$425,000-3.4%$125/sqft
    Source: Public Record Report a problem
    8/10/2013Listed for sale$439,900$130/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW13007577 Report a problem
    6/27/2013Listing removed$439,900$130/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW13007577 Report a problem
    6/8/2013Price change$439,900-4.3%$130/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW13007577 Report a problem
    5/1/2013Price change$459,900-4.2%$136/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW13007577 Report a problem
    2/24/2013Price change$479,900-3.6%$142/sqft
    Source: Coldwell Banker Associated Brokers Realty #SW13007577 Report a problem
    1/19/2013Listed for sale$498,000+123.3%$147/sqft
    Source: COLDWELL BANKER ASSOCIATED BROKERS REALTY #SW13007577 Report a problem
    6/23/2009Sold$223,000+2.5%$66/sqft
    Source: Public Record Report a problem
    2/3/2009Sold$217,531-39.6%$64/sqft
    Source: Public Record Report a problem
    8/9/2002Sold$360,000+87.5%$106/sqft
    Source: Public Record Report a problem
    7/31/1998Sold$192,000$57/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $531,399 +2%
    2025$6,341 +4.3%$520,981 +2%
    2024$6,078 +3.4%$510,767 +2%
    2023$5,877 +2.4%$500,753 +2%
    2022$5,739 +2.2%$490,935 +2%
    2021$5,615 +1.1%$481,309 +1%
    2020$5,556 +6.9%$476,375 +2%
    2019$5,195 +2.1%$467,035 +2%
    2018$5,088 +2.2%$457,878 +2%
    2017$4,978 $448,901 +2%
    2016$4,978 +5.4%$440,100 +1.5%
    2015$4,722 +2.5%$433,491 +2%
    2014$4,609 $425,000 +50.5%
    2013-- $282,348 +2%
    2012-- $276,813 +2%
    2011-- $271,386 +0.8%
    2010-- $269,360 -16.6%
    2009-- $323,000 -17.9%
    2008-- $393,637 +2%
    2007-- $385,920 +2%
    2006-- $378,354 +2%
    2005-- $370,936 +3.9%
    2003-- $357,000 +36%
    2002-- $262,554 +2%
    2001$2,904 +14%$257,407 +15.8%
    2000$2,548 $222,360
    Find assessor info on the county website

    Neighborhood: 92587

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Temescal Canyon

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $694,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $694,100