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30990 Blackhorse Dr, Canyon Lake, CA 92587

List Price: $1,675,000On Market FlagOn market
Aug 18, 20254,048 sqft4 beds5 baths
Listed by: Spencer Frazier
License #: 01851355
Phone #: 951-837-5830
eXp Realty of California, Inc.
Source:
CRMLS Logo
MLS #: SW25186150

Property Description

Welcome to this exceptional 4,048 sq. ft. home, fully renovated and situated on a sprawling 3.28-acre lot in the prestigious Canyon Lake Estates. This exclusive community boasts only 18 acreage estates, offering both privacy and luxury living with no close neighbors. Featuring 4 spacious bedrooms and 4.5 bathrooms, this home is designed for comfort and elegance. Two master suites—one on each floor—provide convenience, while the additional two bedrooms come with their own private bathrooms, ensuring privacy for all family members or guests. The heart of the home is the gourmet kitchen, perfect for entertaining. It includes two sinks, two dishwashers, and a 48" built-in refrigerator, catering to the needs of any chef. The home also offers a formal dining area, a cozy reading room, and a dedicated office space, ensuring ample room for both relaxation and productivity. The property’s unique layout includes two living rooms, one on each floor, allowing for versatile living spaces. The front yard features an oversized driveway and RV parking, providing plenty of room for all your recreational vehicles and toys. Included in the price is a 46-panel, fully paid-off solar system grandfathered into Net Metering 2.0, delivering long-term energy savings and locked-in utility credits no longer available under current programs. Step outside to breathtaking views from both stories, overlooking serene Canyon Lake. What sets this property apart from the rest in Canyon Lake Estates is its rare combination of spectacular views and flat land suitable for building. While most homes in the Estates either have a view with no flat land or flat land with no view, this home offers the best of both worlds. The expansive flat areas are perfect for building additional structures, a pool, or sport courts, while the gently rolling hills present an ideal opportunity to grow a vineyard. Zoned for horses and other animals, there is ample space to build a barn, stables, and horse arenas. An easement at the bottom of the parcel offers flexible access and a multitude of options for use. Whether you envision a tranquil retreat or an active lifestyle, this property can accommodate it all. This unique home combines luxury, functionality, and the beauty of nature, making it a rare find in the coveted Canyon Lake Estates. Don’t miss the opportunity to own a piece of this exclusive community with some of the best views, ultimate privacy, and versatile land options available.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$16,515

TurboHome Estimated Value

$1,388,000

$343 sqft

High Valuation
$1,457,400
$360/sqft
Normal Valuation
$1,388,000
$343/sqft
Low Valuation
$1,318,600
$326/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$343/sqft$1,388,000

Neighborhood

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Comparative Value

$895K

$1.68M

$1.90M

24714 Legion Ct, Menifee, CA 92584

Sale Price: $895,000

Selected Comparable

29889 Smugglers Point Dr, Canyon Lake, CA 92587

Sale Price: $900,000

Selected Comparable

24355 Trailblazer Ln, Menifee, CA 92584

Sale Price: $900,000

Selected Comparable

30990 Blackhorse Dr, Canyon Lake, CA 92587

List Price: $1,675,000

Subject Property

30384 Point Marina Dr, Canyon Lake, CA 92587

Sale Price: $1,677,000

Selected Comparable

22700 Running Rabbit Ct, Canyon Lake, CA 92587

Sale Price: $1,900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
30990 Blackhorse Dr, Canyon Lake, CA 92587

30990 Blackhorse Dr, Canyon Lake, CA 92587

List: $1,675,000

Listed: 8/18/2025

Area:4,048 sqft
Price/sqft:$414
Beds:4
Baths:5
Year Built:
Lot Size:142,877

Comparable Properties

COMPARABLE
Choose comps
29889 Smugglers Point Dr, Canyon Lake, CA 92587

29889 Smugglers Point Dr, Canyon Lake, CA 92587

Sale: $900,000

5/30/20251.03 mi

Area:3,500 sqft
Price/sqft:$257
Beds:4
Baths:4
Year Built:
Weight:22.7%
22700 Running Rabbit Ct, Canyon Lake, CA 92587

22700 Running Rabbit Ct, Canyon Lake, CA 92587

Sale: $1,900,000

12/10/20241.11 mi

Area:3,738 sqft
Price/sqft:$508
Beds:5
Baths:5
Year Built:
Weight:20.2%
24355 Trailblazer Ln, Menifee, CA 92584

24355 Trailblazer Ln, Menifee, CA 92584

Sale: $900,000

1/3/20250.76 mi

Area:3,114 sqft
Price/sqft:$289
Beds:4
Baths:4
Year Built:
Weight:19.8%
24714 Legion Ct, Menifee, CA 92584

24714 Legion Ct, Menifee, CA 92584

Sale: $895,000

5/16/20251.46 mi

Area:3,379 sqft
Price/sqft:$265
Beds:5
Baths:5
Year Built:
Weight:19.4%
30384 Point Marina Dr, Canyon Lake, CA 92587

30384 Point Marina Dr, Canyon Lake, CA 92587

Sale: $1,677,000

5/16/20250.62 mi

Area:3,470 sqft
Price/sqft:$483
Beds:5
Baths:4
Year Built:
Weight:17.9%

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