Real Estate Investment Properties for Sale in Canyon Lake, CA

Looking for investment property in Canyon Lake, CA with high ROI ?

Explore a variety of short-term homes & houses in Canyon Lake, CA. Invest wisely with VRBO & Canyon Lake, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Canyon Lake, CA

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
23616 Big Butte Drive Canyon Lake, CA Over $100K in upgrades including paid solar (27 Panels), two new HVAC systems, new exterio...	4 beds \| 2 baths \| 2,600 sq.ft.	$769,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 3.37% Airbnb Rental Income: $6856 Traditional Rental Income: $3969 Airbnb ROI: 5.54% Traditional ROI: 3.37%
22477 Boating Way Canyon Lake, CA Discover the epitome of luxurious lakefront living in this custom masterpiece that exudes ...	3 beds \| 4 baths \| 4,156 sq.ft.	$3,400,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 0.18% Airbnb Rental Income: $4583 Traditional Rental Income: $4454 Airbnb ROI: -0.08% Traditional ROI: 0.18%
22547 Cascade Drive Canyon Lake, CA Welcome to 22547 Cascade Dr. in Canyon Lake Community, where it is easy to Live the GOOD L...	3 beds \| 3 baths \| 2,668 sq.ft.	$735,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 3.51% Airbnb Rental Income: $4583 Traditional Rental Income: $4062 Airbnb ROI: 2.88% Traditional ROI: 3.51%
30633 Wood Duck Place Canyon Lake, CA Welcome home to this beautifully appointed 2005 estate located in the Guard gated communit...	4 beds \| 4 baths \| 3,559 sq.ft.	$1,179,500	Airbnb cash on cash: 2.84% Traditional cash on cash: 1.67% Airbnb Rental Income: $6856 Traditional Rental Income: $4233 Airbnb ROI: 2.84% Traditional ROI: 1.67%
22214 Whirlaway Court Canyon Lake, CA Welcome to this amazing Canyon Lake home which features 4 bedrooms and 3.5 bathrooms. Firs...	4 beds \| 3 baths \| 3,347 sq.ft.	$870,000	Airbnb cash on cash: 4.45% Traditional cash on cash: 2.57% Airbnb Rental Income: $6856 Traditional Rental Income: $4003 Airbnb ROI: 4.45% Traditional ROI: 2.57%
22572 S Canyon Lake Drive Canyon Lake, CA Priced to SELL! Experience the epitome of waterfront living in this 3-bedroom, 2-bathroom,...	3 beds \| 2 baths \| 2,779 sq.ft.	$1,100,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 1.51% Airbnb Rental Income: $4583 Traditional Rental Income: $3724 Airbnb ROI: 1.42% Traditional ROI: 1.51%
30009 Big Range Road Canyon Lake, CA Beautiful lake view home with DOUBLE RV PARKING for boats, cars, and other toys! The main ...	4 beds \| 3 baths \| 3,012 sq.ft.	$1,150,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 1.49% Airbnb Rental Income: $6856 Traditional Rental Income: $4098 Airbnb ROI: 2.82% Traditional ROI: 1.49%
21887 Strawberry Lane Canyon Lake, CA This home is located on a quiet cove just off the main lake allowing you to be close to al...	4 beds \| 3 baths \| 2,580 sq.ft.	$1,299,900	Airbnb cash on cash: 2.68% Traditional cash on cash: 1.75% Airbnb Rental Income: $6856 Traditional Rental Income: $4393 Airbnb ROI: 2.68% Traditional ROI: 1.75%
28830 Vacation Drive Canyon Lake, CA NEW PRICE!! LAKE VIEW PROPERTY! CHECK OUT THE VIDEO! New construction home situated in the...	4 beds \| 4 baths \| 3,206 sq.ft.	$1,099,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 2.97% Airbnb Rental Income: $6856 Traditional Rental Income: $4746 Airbnb ROI: 3.73% Traditional ROI: 2.97%
30376 Early Round Drive Canyon Lake, CA Welcome to your dream home! This stunning 2,132 sq ft single-story residence offers a perf...	3 beds \| 2 baths \| 2,132 sq.ft.	$650,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 3.35% Airbnb Rental Income: $4583 Traditional Rental Income: $3596 Airbnb ROI: 3.4% Traditional ROI: 3.35%
24311 Canyon Lake Drive #24 Canyon Lake, CA Welcome to resort living with 24-hour security monitoring the gates. Live on a beautiful l...	3 beds \| 2 baths \| 1,132 sq.ft.	$439,900	Airbnb cash on cash: 5.17% Traditional cash on cash: 3.12% Airbnb Rental Income: $4583 Traditional Rental Income: $2785 Airbnb ROI: 5.17% Traditional ROI: 3.12%
30846 Early Round Drive Canyon Lake, CA Welcome to this stunning home with breathtaking golf course, canyon, and city light views,...	4 beds \| 2 baths \| 2,137 sq.ft.	$749,900	Airbnb cash on cash: 5.49% Traditional cash on cash: 2.88% Airbnb Rental Income: $6856 Traditional Rental Income: $3699 Airbnb ROI: 5.49% Traditional ROI: 2.88%
23617 Big Butte Drive Canyon Lake, CA Welcome to your dream home nestled in the serene gated community of Canyon Lake, Californi...	4 beds \| 3 baths \| 2,304 sq.ft.	$730,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 2.93% Airbnb Rental Income: $6856 Traditional Rental Income: $3578 Airbnb ROI: 5.79% Traditional ROI: 2.93%
22560 N Canyon Lake Drive Canyon Lake, CA IMPROVED PRICE! MOTIVATED SELLER!! Welcome to this newly renovated home in the sought-aft...	4 beds \| 3 baths \| 2,493 sq.ft.	$715,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 3.49% Airbnb Rental Income: $6856 Traditional Rental Income: $3821 Airbnb ROI: 6.05% Traditional ROI: 3.49%
23320 N Canyon Lake Drive Canyon Lake, CA Experience resort-style living in this stunning 3-bedroom, 2-bath home ideally located in ...	3 beds \| 2 baths \| 1,387 sq.ft.	$615,000	Airbnb cash on cash: 3.81% Traditional cash on cash: 2.64% Airbnb Rental Income: $4583 Traditional Rental Income: $2958 Airbnb ROI: 3.81% Traditional ROI: 2.64%
30218 Point Marina Drive Canyon Lake, CA Welcome to 30218 Point Marina Drive, an upgraded 4-bedroom, 2.5-bath lakefront home in Can...	4 beds \| 2 baths \| 2,563 sq.ft.	$1,150,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 1.98% Airbnb Rental Income: $6856 Traditional Rental Income: $3859 Airbnb ROI: 3.54% Traditional ROI: 1.98%
30192 Skipjack Drive Canyon Lake, CA Welcome to your enchanting retreat in this fabulous single-story home, perfectly located i...	3 beds \| 2 baths \| 1,622 sq.ft.	$649,900	Airbnb cash on cash: 3.45% Traditional cash on cash: 2.56% Airbnb Rental Income: $4583 Traditional Rental Income: $3093 Airbnb ROI: 3.45% Traditional ROI: 2.56%
22062 Tumbleweed Drive Canyon Lake, CA ***4 BEDROOM TURNKEY home in the GATED COMMUNITY of CANYON LAKE with a flat driveway and ...	4 beds \| 2 baths \| 2,049 sq.ft.	$724,600	Airbnb cash on cash: 5.51% Traditional cash on cash: 2.57% Airbnb Rental Income: $6856 Traditional Rental Income: $3542 Airbnb ROI: 5.51% Traditional ROI: 2.57%
29981 White Wake Drive Canyon Lake, CA Welcome to your new oasis! This beautifully decorated single-level home, nestled on a cul-...	3 beds \| 2 baths \| 1,328 sq.ft.	$629,999	Airbnb cash on cash: 3.86% Traditional cash on cash: 2.95% Airbnb Rental Income: $4583 Traditional Rental Income: $3094 Airbnb ROI: 3.86% Traditional ROI: 2.95%
30327 Sea Horse Circle Canyon Lake, CA Completely Custom new construction waterfront home located in the beautiful gated communit...	4 beds \| 3 baths \| 3,330 sq.ft.	$1,839,500	Airbnb cash on cash: 1.19% Traditional cash on cash: 0.29% Airbnb Rental Income: $6856 Traditional Rental Income: $3977 Airbnb ROI: 1.19% Traditional ROI: 0.29%
29748 Redwood Drive Canyon Lake, CA Nestled on a tranquil street in Canyon Lake, this wonderful single-story home exudes charm...	3 beds \| 2 baths \| 1,595 sq.ft.	$629,000	Airbnb cash on cash: 3.72% Traditional cash on cash: 3% Airbnb Rental Income: $4583 Traditional Rental Income: $3211 Airbnb ROI: 3.72% Traditional ROI: 3%
22893 Cove View Street Canyon Lake, CA ASSUMABLE 2.625% FHA LOAN! Discover resort-style living in the beautiful gated community o...	3 beds \| 2 baths \| 1,687 sq.ft.	$620,000	Airbnb cash on cash: 3.59% Traditional cash on cash: 2.94% Airbnb Rental Income: $4583 Traditional Rental Income: $3255 Airbnb ROI: 3.59% Traditional ROI: 2.94%
22535 W San Joaquin Drive Canyon Lake, CA Locationâ¦â¦â¦.One of the best streets in Canyon Lake. This single story 4 bedroom home...	4 beds \| 2 baths \| 2,045 sq.ft.	$760,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 2.61% Airbnb Rental Income: $6856 Traditional Rental Income: $3578 Airbnb ROI: 5.36% Traditional ROI: 2.61%
30391 Spray Drive Canyon Lake, CA SINGLE STORY WATERFRONT CORNER LOT! RV/BOAT PARKING! POOL! BOAT DOCK & LIFT! PAID SOLAR! I...	3 beds \| 3 baths \| 2,173 sq.ft.	$999,997	Airbnb cash on cash: 1.77% Traditional cash on cash: 1.88% Airbnb Rental Income: $4583 Traditional Rental Income: $3729 Airbnb ROI: 1.77% Traditional ROI: 1.88%
24319 Canyon Lake Drive #1 Canyon Lake, CA Location, location location! It doesnât get any better for the Eastport Villa complex! W...	3 beds \| 2 baths \| 1,132 sq.ft.	$499,900	Airbnb cash on cash: 4.85% Traditional cash on cash: 3.04% Airbnb Rental Income: $4583 Traditional Rental Income: $2785 Airbnb ROI: 4.85% Traditional ROI: 3.04%
30291 Hiding Bass Place Canyon Lake, CA Waterfront retreat with limitless potential! The prime location on the East Bay near the t...	3 beds \| 2 baths \| 3,300 sq.ft.	$1,290,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 0.9% Airbnb Rental Income: $4583 Traditional Rental Income: $3086 Airbnb ROI: 1.36% Traditional ROI: 0.9%
23216 Continental Drive Canyon Lake, CA Welcome to this absolutely stunning, completely remodeled home in the highly sought after ...	3 beds \| 2 baths \| 1,634 sq.ft.	$800,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 2% Airbnb Rental Income: $4583 Traditional Rental Income: $3039 Airbnb ROI: 2.8% Traditional ROI: 2%
30223 Point Marina Drive Canyon Lake, CA This lakeside property is located on a desirable corner lot featuring a large front yard a...	3 beds \| 2 baths \| 1,894 sq.ft.	$719,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 1.96% Airbnb Rental Income: $4583 Traditional Rental Income: $3351 Airbnb ROI: 2.38% Traditional ROI: 1.96%
23886 Fair Weather Drive Canyon Lake, CA Welcome to Canyon Lake! This newly remodeled home offers 4 bedrooms and 2 full bathrooms w...	4 beds \| 2 baths \| 1,746 sq.ft.	$639,900	Airbnb cash on cash: 6.62% Traditional cash on cash: 2.67% Airbnb Rental Income: $6856 Traditional Rental Income: $3170 Airbnb ROI: 6.62% Traditional ROI: 2.67%
22106 Treasure Island Canyon Lake, CA Walk into a panorama view of water and the San Gorgonio mountains. This condo is located o...	2 beds \| 2 baths \| 1,252 sq.ft.	$650,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 1.93% Airbnb Rental Income: $3190 Traditional Rental Income: $2719 Airbnb ROI: 1.52% Traditional ROI: 1.93%
30064 Skipjack Drive Canyon Lake, CA Price Reflects the TLC this property needs to make it your own. Property profile shows 2 ...	3 beds \| 2 baths \| 1,444 sq.ft.	$550,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 3.42% Airbnb Rental Income: $4583 Traditional Rental Income: $3082 Airbnb ROI: 4.49% Traditional ROI: 3.42%
22475 Loch Lomond Drive Canyon Lake, CA UNIMAGINABLEâ¦â¦..1.56 acres centrally located within the gates of Canyon Lake, behind y...	3 beds \| 2 baths \| 1,853 sq.ft.	$2,695,000	Airbnb cash on cash: -0.5% Traditional cash on cash: -0.45% Airbnb Rental Income: $4583 Traditional Rental Income: $3747 Airbnb ROI: -0.5% Traditional ROI: -0.45%
29018 Big Range Road Canyon Lake, CA This beautiful Single-Level home is located within the gated recreational community of Can...	3 beds \| 2 baths \| 2,377 sq.ft.	$724,999	Airbnb cash on cash: 2.92% Traditional cash on cash: 2.8% Airbnb Rental Income: $4583 Traditional Rental Income: $3551 Airbnb ROI: 2.92% Traditional ROI: 2.8%
22137 Tumbleweed Drive Canyon Lake, CA This Stunning 1985 built 4 bedroom 3.5 bathroom home is nestled on 9583 sqft lot in the ga...	4 beds \| 3 baths \| 3,380 sq.ft.	$689,900	Airbnb cash on cash: 6.11% Traditional cash on cash: 4.12% Airbnb Rental Income: $6856 Traditional Rental Income: $4248 Airbnb ROI: 6.11% Traditional ROI: 4.12%
22050 Village Way Drive Canyon Lake, CA Over 160 feet of water frontage on one of the most premier lots on the main lake. This is...	3 beds \| 3 baths \| 1,902 sq.ft.	$2,500,000	Airbnb cash on cash: -0.39% Traditional cash on cash: -0.25% Airbnb Rental Income: $4583 Traditional Rental Income: $3963 Airbnb ROI: -0.39% Traditional ROI: -0.25%
29117 Big Range Road Canyon Lake, CA HUGE PRICE REDUCTIONPAID OFF SOLAR**Welcome to the all-inclusive, one-of-a-kind, priva...	3 beds \| 2 baths \| 1,580 sq.ft.	$629,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 2.92% Airbnb Rental Income: $4583 Traditional Rental Income: $3267 Airbnb ROI: 3.54% Traditional ROI: 2.92%
30407 White Cove Court Canyon Lake, CA Two-Story Canyon Lake Turnkey Smart Home with a 3 car garage and new driveway including po...	4 beds \| 3 baths \| 2,234 sq.ft.	$774,900	Airbnb cash on cash: 5.24% Traditional cash on cash: 2.92% Airbnb Rental Income: $6856 Traditional Rental Income: $3853 Airbnb ROI: 5.24% Traditional ROI: 2.92%
29393 Old Wrangler Road Canyon Lake, CA The time is now to JUMP on this great Canyon Lake property at the top of a cul-de-sac with...	4 beds \| 3 baths \| 2,607 sq.ft.	$699,000	Airbnb cash on cash: 6.13% Traditional cash on cash: 3.72% Airbnb Rental Income: $6856 Traditional Rental Income: $3955 Airbnb ROI: 6.13% Traditional ROI: 3.72%

Real Estate investment in Canyon-lake, CA

There are 41 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $724,999 and the average price per square foot is $327. In December 2024, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $3,587.

Canyon-lake, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 41 investment properties available for sale in Canyon-lake.

In 2024, the best neighborhood to buy investment property is Canyon Lake.

The ROI for Short-Term is higher than the Long-Term in Canyon-lake with average rental income of $4,583.

Your search for investment property begins and ends here

Investment Property for Sale in Canyon Lake, CA

23616 Big Butte Drive

Canyon Lake, CA

4 beds | 2 baths | 2,600 sq.ft.

$769,000

Airbnb cash on cash: 5.54%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $6856

Traditional Rental Income: $3969

Airbnb ROI: 5.54%

Traditional ROI: 3.37%

22477 Boating Way

Canyon Lake, CA

3 beds | 4 baths | 4,156 sq.ft.

$3,400,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 0.18%

Airbnb Rental Income: $4583

Traditional Rental Income: $4454

Airbnb ROI: -0.08%

Traditional ROI: 0.18%

22547 Cascade Drive

Canyon Lake, CA

3 beds | 3 baths | 2,668 sq.ft.

$735,000

Airbnb cash on cash: 2.88%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $4583

Traditional Rental Income: $4062

Airbnb ROI: 2.88%

Traditional ROI: 3.51%

30633 Wood Duck Place

Canyon Lake, CA

4 beds | 4 baths | 3,559 sq.ft.

$1,179,500

Airbnb cash on cash: 2.84%

Traditional cash on cash: 1.67%

Airbnb Rental Income: $6856

Traditional Rental Income: $4233

Airbnb ROI: 2.84%

Traditional ROI: 1.67%

22214 Whirlaway Court

Canyon Lake, CA

4 beds | 3 baths | 3,347 sq.ft.

$870,000

Airbnb cash on cash: 4.45%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $6856

Traditional Rental Income: $4003

Airbnb ROI: 4.45%

Traditional ROI: 2.57%

22572 S Canyon Lake Drive

Canyon Lake, CA

3 beds | 2 baths | 2,779 sq.ft.

$1,100,000

Airbnb cash on cash: 1.42%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $4583

Traditional Rental Income: $3724

Airbnb ROI: 1.42%

Traditional ROI: 1.51%

30009 Big Range Road

Canyon Lake, CA

4 beds | 3 baths | 3,012 sq.ft.

$1,150,000

Airbnb cash on cash: 2.82%

Traditional cash on cash: 1.49%

Airbnb Rental Income: $6856

Traditional Rental Income: $4098

Airbnb ROI: 2.82%

Traditional ROI: 1.49%

21887 Strawberry Lane

Canyon Lake, CA

4 beds | 3 baths | 2,580 sq.ft.

$1,299,900

Airbnb cash on cash: 2.68%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $6856

Traditional Rental Income: $4393

Airbnb ROI: 2.68%