Resort-Style Living in the Heart of Canyon Lake!
Welcome home to this beautifully maintained 1,312 sq. ft. Canyon Lake condominium, offering 2 bedrooms, 1¾ bathrooms, a versatile office/optional 3rd bedroom, and a one-car garage in one of Southern California’s most sought-after gated lake communities.
Step inside to a spacious and inviting living room and kitchen combination, perfect for entertaining and everyday living. The kitchen features a convenient eating bar with ample space for casual dining and gathering with family and friends.
The main level offers exceptional flexibility with an office or optional third bedroom, along with a highly desirable downstairs bathroom featuring a walk-in shower, ideal for guests or multi-generational living.
Upstairs, you'll find the private primary suite complete with a roomy walk-in closet, convenient laundry room, and included washer and dryer. Step out onto your private primary bedroom balcony and enjoy relaxing evenings overlooking the beautiful community pool area.
Association dues include water, trash service, and additional community services, providing added value and convenience.
Living in Canyon Lake means enjoying a true resort lifestyle with access to an incredible array of amenities, including a private lake for boating, waterskiing, wakeboarding, fishing, paddleboarding, and kayaking; an 18-hole golf course; multiple parks and beaches; swimming pools; pickleball and tennis courts; an equestrian center; campground; baseball fields; clubhouse; restaurants; community events; scenic walking areas; and a dog park for your four-legged family members. The gated community offers year-round recreation and activities for residents of all ages.
Conveniently located near schools, shopping, dining, and freeway access, this home offers the perfect combination of comfort, convenience, and the Canyon Lake lifestyle.
Don't miss this opportunity to own an affordable piece of paradise in Canyon Lake! Seller financing is available at below-market interest rates, creating a unique opportunity for qualified buyers to enjoy more favorable financing terms than many traditional lending options. Contact listing agent for details.........
For sale
Listed by: Realty Masters & Associates
$304,950
31848 Railroad Canyon Rd, Quail Valley, CA 92587
2beds
1,312sqft
Condominium
Built in 1976
-- sqft lot
$301,000 Zestimate®
$232/sqft
$752/mo HOA
What's special
One-car garagePrivate primary bedroom balconyPrivate primary suiteRoomy walk-in closet
- 26 days |
- 469 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Robert Russo DRE #00545858 909-263-4572,
Realty Masters & Associates
Source: CRMLS,MLS#: IG26118927
Originating MLS: California Regional MLS
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Kitchen, Laundry, Office
Bedroom
- Features: Bedroom on Main Level
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
- Laundry: Washer Hookup, Inside, Laundry Closet, Upper Level
Features
- Bedroom on Main Level
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 1,312 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Floor
- Has private pool: Yes
- Pool features: Community, Private, Association
- Has view: Yes
- View description: Pool
Details
- Parcel number: 355300025
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Dog Park, Fishing, Hiking, Stable(s), Lake, Park, Water Sports, Pool
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Sport Court, Dock, Dog Park, Electricity, Golf Course, Horse Trail(s), Barbecue, Picnic Area, Playground, Pickleball, Pool, Tennis Court(s), Trail(s)
- HOA fee: $362 monthly
- HOA name: CLPOA
- HOA phone: 951-244-6841
- Second HOA fee: $390 monthly
Location
- Region: Quail Valley
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $66,945
- Annual tax amount: $1,043
- Date on market: 6/3/2026
- Cumulative days on market: 26 days
- Listing terms: Cash,Cal Vet Loan,1031 Exchange,FHA,Owner Will Carry
Estimated market value
$301,000
$286,000 - $316,000
$2,681/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/3/2026 | Listed for sale | $304,950+486.4%$232/sqft |
Source: | ||
| 6/23/2009 | Sold | $52,000+60.3%$40/sqft |
Source: Public Record Report a problem | ||
| 5/15/2009 | Sold | $32,441-84.9%$25/sqft |
Source: Public Record Report a problem | ||
| 7/7/2005 | Sold | $214,500+143.8%$163/sqft |
Source: Public Record Report a problem | ||
| 12/7/2001 | Sold | $88,000+27.5%$67/sqft |
Source: Public Record Report a problem | ||
| 11/10/1999 | Sold | $69,000+9.5%$53/sqft |
Source: Public Record Report a problem | ||
| 10/27/1995 | Sold | $63,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,043 +3.2% | $66,945 +2% |
| 2024 | $1,011 +14.2% | $65,634 +2% |
| 2023 | $885 +1.5% | $64,348 +2% |
| 2022 | $872 +1.5% | $63,087 +2% |
| 2021 | $859 +30.1% | $61,851 +1% |
| 2020 | $661 +1.9% | $61,218 +2% |
| 2019 | $648 +1.9% | $60,019 +2% |
| 2018 | $636 +1.9% | $58,843 +2% |
| 2017 | $623 | $57,690 +2% |
| 2016 | $623 +4.3% | $56,559 +1.5% |
| 2015 | $598 -5.1% | $55,711 +2% |
| 2014 | $630 | $54,621 +2.5% |
| 2013 | -- | $53,310 |
| 2012 | -- | $53,310 +2% |
| 2011 | -- | $52,265 +0.7% |
| 2010 | -- | $51,876 -72% |
| 2009 | -- | $185,000 -17.1% |
| 2008 | -- | $223,165 +2% |
| 2007 | -- | $218,790 +2% |
| 2006 | -- | $214,500 +138.1% |
| 2005 | -- | $90,083 +3.9% |
| 2003 | -- | $86,700 +2% |
| 2002 | -- | $85,000 +20.8% |
| 2001 | $831 +1.6% | $70,380 +2% |
| 2000 | $818 | $69,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 92587
Nearby schools
GreatSchools rating
- 8/10Cottonwood Canyon Elementary SchoolGrades: K-5Distance: 1 mi
- 5/10Canyon Lake Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Temescal Canyon High SchoolGrades: 9-12Distance: 5.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Riverside County
- Canyon Lake
- 92587
- 31848 Railroad Canyon Rd





