$425,000
 $2,281 est/mo Sourced by Back At You

23701 Norma,Canyon Lake, CA 92587

Canyon Lake, CA 92587

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Description

Incredible Investment Opportunity - 2 Parcels Included! This exceptional package features a primary home plus the adjacent vacant Lot 21, adding 5,227 sq. ft. of versatile space. It is perfect for parking recreational vehicles, boats, and toys, or constructing a future rental property/ADU. The property is located within EMWD Sewer Project Subarea 4 (mainline construction is actively underway nearby on Goetz Rd), positioning this street for a near-future city sewer hookup to unlock massive development potential. Premium, high-quality upgrades are built-in throughout the home: The kitchen features newer vinyl, while the bedrooms showcase completed wood-look tile laid over a heavy-duty HardieBacker and waterproof RedGard subfloor system. The living room tile installation is currently underway and will be 100% completed by the seller prior to the Close of Escrow (COE). Features a C-24 certified septic system (following extensive prior root remediation), an efficient HVAC heat pump (approx. 14 years old), a stable 14-year-old roof, and a newer 4-year-old propane stove. The kitchen cabinets and bedroom closets boast a sturdy, custom homemade solid plywood build, providing a durable foundation built to last and ready for your custom paint. The rooftop solar system will be fully paid off out of seller proceeds at close, leaving the buyer with ZERO monthly solar payments or lease obligations.

Details

MLS #CV26208636
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1982
Days On Site38
Listing Provided ByHern Real Estate & Associates | Marcus Hernandez

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet877
Garage1
Story(s)1
Units1
Acreage0.11
Property ViewNone

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesAll Bedrooms Down
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Attached Garage Yes / NoYes
Garage Yes / NoYes

Utilities

SewerSeptic Type Unknown

Location

Community FeaturesStreet Lights, Sidewalks

Area Information

StateCA
CountyRiverside
CityCanyon Lake
Zip Code92587
Area699 Not Defined
Listing VS Median (in 92587)
Price:
$425,000
low | high
Med:
$715,000
18.235294117647% of Average
sqft:
877
low | high
Med:
2,300
100% of Average
$ / sqft:
$485
low | high
Med:
$311
85.851150895141% of Average
On site:
38
low | high
Med:
14
100% of Average
Sourced by Back At You

Market Activity 92587

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Learn More About This Property

StateCA
CountyRiverside
CityCanyon Lake
Zip Code92587
Area699 Not Defined
Listing VS Median (in 92587)
Price:
$425,000
low | high
Med:
$715,000
18.235294117647% of Average
sqft:
877
low | high
Med:
2,300
100% of Average
$ / sqft:
$485
low | high
Med:
$311
85.851150895141% of Average
On site:
38
low | high
Med:
14
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $318K - $531K
sqft: 658 - 1,000
Nearby Listings Property ImageNearby Listings Details
23545 Norma Property Photo 1
$365,000
23545 Norma
Menifee, CA 92587
Listing Updated: September 28, 2026 at 10:17:11 PM PDT