ActiveResidential · sale

22570 Bass Place 1

Canyon Lake, CA 92587

$559,900

  • 3 beds
  • 2 baths
  • 1,680 sq ft
  • 0.04 acres
  • Built 1981

Listed by Re/Max Partners · MLS #IG26189371

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PROPERTY QUESTIONS & SHOWINGS

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22570 Bass Place 1, Canyon Lake, CA 92587 · MLS #IG26189371

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

Step out onto your private patio, furnished with a TV, a small couch, and a table for two — the perfect spot to enjoy a quiet lunch while overlooking the water.

Year built

Built in 1981.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Tucked inside Bass Place, an exclusive 18-unit waterfront complex within the highly sought-after gated Canyon Lake community, this fully furnished condo offers the kind of lakefront living most people only dream about. Step outside your door and you’re just steps from your own private dock — the very first slip off the dock — complete with your own boat slip and boat lift, ready whenever the water calls. Inside, the home has been thoughtfully upgraded from top to bottom. Tiled flooring flows throughout, while the kitchen shines with granite countertops, stainless steel appliances, and a built-in mini bar perfect for entertaining. Ceiling fans, recessed LED lighting, high base boards and custom crown moulding throuhout, indoor laundry and a cozy fireplace are some of this condo's awesome features. Both guest bedrooms are outfitted with fun, functional bunk beds — a full on the bottom, twin on top — ideal for hosting family and friends. Modern comforts continue with digital keyless entry you can access remotely and a Nest thermostat, so you’re always connected to your lake getaway, even when you’re away. Step out onto your private patio, furnished with a TV, a small couch, and a table for two — the perfect spot to enjoy a quiet lunch while overlooking the water. And when it’s time to come home, you’ll appreciate the rare luxury of two dedicated parking spaces in an underground, gated garage, each with its own private storage space. As part of the Bass Place community, you’ll also enjoy access to a sparkling pool, a clubhouse, gym and game room with separate men’s and women’s restrooms, and three guest rooms available to rent for visiting family and friends — all within the security and charm of the gated Canyon Lake community. For the buyer who wants the full lake lifestyle from day one, a 6-seater golf cart and a Sea Ray boat are both available for purchase separately. This is a rare opportunity to own a fully furnished, move-in-ready lakefront retreat with your own boat slip and lift, in one of Canyon Lake’s most exclusive small communities. Opportunities like this don’t come around often — don’t miss it.

THE NEIGHBORHOOD

Explore the location.

22570 Bass Place 1, Canyon Lake, CA 92587

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months
Months of supply4.112-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1981
Full baths
2
Garage spaces
2
Cooling
CentralAir,EnergyStarQualifiedEquipment
Heating
Central,EnergyStarQualifiedEquipment,Fireplaces
Appliances
EnergyStarQualifiedAppliances,ElectricOven,ElectricRange,FreeStandingRange,Disposal,Microwave,Refrigerator
Flooring
Tile
Utilities
CableAvailable,ElectricityConnected,NaturalGasNotAvailable,PhoneAvailable,SewerConnected,WaterConnected
Pool
No
Pool features
Community,InGround,Association
Spa
Yes
Parcel
353161003
HOA
Canyon Lake POA
HOA amenities
BilliardRoom,Clubhouse,ControlledAccess,FitnessCenter,GolfCourse,HorseTrails,MeetingRoom,MeetingBanquetPartyRoom,MaintenanceFrontYard,Barbecue,PicnicArea,Pool,RecreationRoom,SpaHotTub,Storage,TennisCourts,Trails,Trash,Water
HOA fee frequency
Monthly
Elementary school
Tuscany Hills
Middle school
Canyon Lake
High school
Temescal Canyon
HOA fee
$362.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,332.92
Cap rate

Annual operating income:

HOA: Includes $362.00 per month in HOA dues, converted from the $362.00 monthly fee reported by the listing source.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #IG26189371 · California Regional MLS

Listing brokerage: Re/Max Partners
Listing agent: Joseph Soto

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.