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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
22170 MUSTANG Court Canyon Lake, CA THIS HOME IS IN CANYON LAKE A BEAUTIFUL 24 HOUR GATE GUARDED COMMUNITY WITH PRIVATE LAKE A...	3 beds \| 2 baths \| 1,974 sq.ft.	$615,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.16% Airbnb Rental Income: $1144 Traditional Rental Income: $2651 Airbnb ROI: -1.13% Traditional ROI: 2.16%
30431 Sparkle Drive Canyon Lake, CA Welcome to the sought-after gated community of Canyon Lake! This beautifully updated 4-bed...	3 beds \| 2 baths \| 3,109 sq.ft.	$775,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 3.71% Airbnb Rental Income: $1144 Traditional Rental Income: $4431 Airbnb ROI: -1.36% Traditional ROI: 3.71%
22941 Gold Rush Place Canyon Lake, CA Lake Views with a Fabulous Home and Solar!!!	4 beds \| 4 baths \| 3,337 sq.ft.	$899,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 2.76% Airbnb Rental Income: $1231 Traditional Rental Income: $4158 Airbnb ROI: -1.21% Traditional ROI: 2.76%
24311 Canyon Lake Drive N #12 Canyon Lake, CA Fully Furnished Lakefront Retreat with Private Boat Slip! Discover the ultimate in lakesi...	2 beds \| 2 baths \| 925 sq.ft.	$399,000	Airbnb cash on cash: -2.93% Traditional cash on cash: 2.19% Airbnb Rental Income: $921 Traditional Rental Income: $2496 Airbnb ROI: -2.93% Traditional ROI: 2.19%
30525 Greenbrook Place Canyon Lake, CA Listing courtesy of Lori Robinson, Coldwell Banker ABR, 951-639-7777, LoriRobinson15@gmail...	3 beds \| 4 baths \| 3,500 sq.ft.	$1,200,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 2.44% Airbnb Rental Income: $1144 Traditional Rental Income: $4667 Airbnb ROI: -1.06% Traditional ROI: 2.44%
22587 S Canyon Lake Drive Canyon Lake, CA Seller will offer an interest rate buy-down! Please contact listing agent for details. ...	3 beds \| 2 baths \| 1,729 sq.ft.	$619,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.74% Airbnb Rental Income: $1144 Traditional Rental Income: $3467 Airbnb ROI: -0.94% Traditional ROI: 3.74%
29875 Smugglers Point Drive Canyon Lake, CA Welcome to 29875 Smugglers Point in the highly sought-after Canyon Lake community. This be...	4 beds \| 4 baths \| 2,718 sq.ft.	$799,500	Airbnb cash on cash: -1.28% Traditional cash on cash: 2.53% Airbnb Rental Income: $1231 Traditional Rental Income: $3671 Airbnb ROI: -1.28% Traditional ROI: 2.53%
29731 Bonanza Place Canyon Lake, CA Completely Remodeled Corner Lot Home with Main Lake View from the upstairs deck and 2nd be...	3 beds \| 2 baths \| 2,310 sq.ft.	$685,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 3.15% Airbnb Rental Income: $1144 Traditional Rental Income: $3433 Airbnb ROI: -1.03% Traditional ROI: 3.15%
29698 Vacation Drive Canyon Lake, CA Fantastic single-story home in the gated community of Canyon Lake! This 3-bedroom, 2-bath ...	3 beds \| 2 baths \| 1,708 sq.ft.	$549,999	Airbnb cash on cash: -1.09% Traditional cash on cash: 3.22% Airbnb Rental Income: $1144 Traditional Rental Income: $2982 Airbnb ROI: -1.09% Traditional ROI: 3.22%
29629 Big Range Road Canyon Lake, CA Listing courtesy of Lori Robinson, Coldwell Banker ABR, 951-639-7777, LoriRobinson15@gmail...	3 beds \| 2 baths \| 1,418 sq.ft.	$649,999	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.46% Airbnb Rental Income: $1144 Traditional Rental Income: $2859 Airbnb ROI: -0.99% Traditional ROI: 2.46%
24311 Canyon Lake Drive N Unit 12 Canyon Lake, CA Lakefront condo with direct lake access, private boat dock and slip, sunset views, and gat...	2 beds \| 2 baths \| 925 sq.ft.	$399,000	Airbnb cash on cash: -1.87% Traditional cash on cash: 3.04% Airbnb Rental Income: $921 Traditional Rental Income: $2412 Airbnb ROI: -1.87% Traditional ROI: 3.04%
30385 South Fork Drive Canyon Lake, CA The moment you enter this Tuscan masterpiece, your dreams of lake living will be complete....	5 beds \| 4 baths \| 4,071 sq.ft.	$1,725,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.94% Airbnb Rental Income: $3371 Traditional Rental Income: $4357 Airbnb ROI: -0.14% Traditional ROI: 0.94%
21734 Appaloosa Court Canyon Lake, CA Stunning Modern Retreat in Resort-Style Community! Discover your dream home in this bre...	3 beds \| 3 baths \| 2,300 sq.ft.	$888,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 2.17% Airbnb Rental Income: $1144 Traditional Rental Income: $3738 Airbnb ROI: -1.43% Traditional ROI: 2.17%
23646 Big Butte Drive Canyon Lake, CA Welcome to your own private resort, where vacation living meets everyday comfort. This bea...	3 beds \| 1 baths \| 1,697 sq.ft.	$799,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 1.27% Airbnb Rental Income: $1144 Traditional Rental Income: $2735 Airbnb ROI: -1.38% Traditional ROI: 1.27%
30511 Greenbrook Place Canyon Lake, CA SINGLE story ranch home on the GOLF course with amazing sunset VIEWS almost every single n...	3 beds \| 2 baths \| 1,448 sq.ft.	$849,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 1.55% Airbnb Rental Income: $1144 Traditional Rental Income: $3087 Airbnb ROI: -1.38% Traditional ROI: 1.55%
22473 S Canyon Lake Drive Canyon Lake, CA LIVE LIKE YOU ARE ON VACATION! BRING ALL YOUR TOYS!! Welcome to the highly desirable gated...	3 beds \| 2 baths \| 1,428 sq.ft.	$675,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 2.42% Airbnb Rental Income: $1144 Traditional Rental Income: $3059 Airbnb ROI: -1.22% Traditional ROI: 2.42%
22134 Pecos Place Canyon Lake, CA Canyon Lake Entertainerâs Dream with Pool & Paid Solar! This stunning 4-bedroom, 3-bath ...	3 beds \| 2 baths \| 1,958 sq.ft.	$749,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 2.92% Airbnb Rental Income: $1144 Traditional Rental Income: $3712 Airbnb ROI: -1.3% Traditional ROI: 2.92%
29707 Yellow Gold Drive Canyon Lake, CA Welcome home to this beautifully remodeled Canyon Lake stunner, perfectly located within o...	4 beds \| 3 baths \| 2,517 sq.ft.	$779,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.67% Airbnb Rental Income: $1231 Traditional Rental Income: $4187 Airbnb ROI: -0.94% Traditional ROI: 3.67%
22700 Cascade Drive Canyon Lake, CA MOTIVATED SELLER HUGE PRICE REDUCED. This property offers an perfect floor plan, ideal for...	4 beds \| 2 baths \| 3,390 sq.ft.	$699,990	Airbnb cash on cash: -1.24% Traditional cash on cash: 2.72% Airbnb Rental Income: $1231 Traditional Rental Income: $3424 Airbnb ROI: -1.24% Traditional ROI: 2.72%
30340 Channel Way Drive Canyon Lake, CA Adorable Pool Home with a huge flat backyard with 3 bedrooms, 2 1/2 baths, loft, living ro...	3 beds \| 2 baths \| 1,633 sq.ft.	$649,900	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.73% Airbnb Rental Income: $1144 Traditional Rental Income: $2983 Airbnb ROI: -0.93% Traditional ROI: 2.73%
22658 N Canyon Lake Drive Canyon Lake, CA Another Price Improvement!! Reap the rewards of automatic built-in equity! This 3-bedroom,...	3 beds \| 2 baths \| 1,394 sq.ft.	$535,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 3.17% Airbnb Rental Income: $1144 Traditional Rental Income: $2945 Airbnb ROI: -1.19% Traditional ROI: 3.17%
29915 Gulf Stream Drive Canyon Lake, CA Welcome to your Canyon Lake retreat! This beautifully remodeled single-story home offers 3...	3 beds \| 2 baths \| 1,485 sq.ft.	$699,000	Airbnb cash on cash: -1% Traditional cash on cash: 2.45% Airbnb Rental Income: $1144 Traditional Rental Income: $3013 Airbnb ROI: -1% Traditional ROI: 2.45%
22477 Boating Way Canyon Lake, CA Stunning Brand-New Waterfront Estate in Canyon Lake! Welcome to the most luxurious new con...	3 beds \| 4 baths \| 3,997 sq.ft.	$1,999,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 1% Airbnb Rental Income: $1144 Traditional Rental Income: $4454 Airbnb ROI: -0.99% Traditional ROI: 1%
29871 Sloop Drive Canyon Lake, CA Charming Canyon Lake Home with Spacious Living & Resort-Style Amenities! Discover this bea...	3 beds \| 2 baths \| 1,248 sq.ft.	$530,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.4% Airbnb Rental Income: $1144 Traditional Rental Income: $2912 Airbnb ROI: -0.94% Traditional ROI: 3.4%
22883 Calcutta Drive Canyon Lake, CA Welcome to 22883 Calcutta Drive, an exquisite retreat nestled on the prestigious golf cour...	4 beds \| 4 baths \| 3,800 sq.ft.	$1,565,000	Airbnb cash on cash: -1.75% Traditional cash on cash: 2.22% Airbnb Rental Income: $1231 Traditional Rental Income: $6604 Airbnb ROI: -1.75% Traditional ROI: 2.22%
30041 Windward Drive Canyon Lake, CA Welcome to Windward Drive, a charming 3-bedroom, 2-bathroom home located in the prestigiou...	3 beds \| 2 baths \| 1,938 sq.ft.	$635,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 2.77% Airbnb Rental Income: $1144 Traditional Rental Income: $3329 Airbnb ROI: -1.55% Traditional ROI: 2.77%
22725 Skylink Drive Canyon Lake, CA Location, location, location! This adorable turnkey gem is located in the gated Fairway Es...	2 beds \| 2 baths \| 720 sq.ft.	$289,999	Airbnb cash on cash: -1.45% Traditional cash on cash: 5.4% Airbnb Rental Income: $921 Traditional Rental Income: $2451 Airbnb ROI: -1.45% Traditional ROI: 5.4%
30295 Little Harbor Drive Canyon Lake, CA Get ready to be swept away by this breathtaking Waterfront and Resort Style Tropical Pool,...	3 beds \| 3 baths \| 3,689 sq.ft.	$1,950,000	Airbnb cash on cash: -1.55% Traditional cash on cash: -0.05% Airbnb Rental Income: $1144 Traditional Rental Income: $3484 Airbnb ROI: -1.55% Traditional ROI: -0.05%
30360 Point Marina Canyon Lake, CA Waterfront Paradise on East Bay Channel in Canyon Lake. Enjoy the stunning waterfront loc...	3 beds \| 2 baths \| 1,666 sq.ft.	$1,150,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 0.59% Airbnb Rental Income: $1144 Traditional Rental Income: $3190 Airbnb ROI: -1.67% Traditional ROI: 0.59%
22054 Treasure Island Drive #33 Canyon Lake, CA Lakefront living, best views and private dock await you here on Treasure Island. Treasure...	2 beds \| 2 baths \| 1,252 sq.ft.	$616,900	Airbnb cash on cash: -2.74% Traditional cash on cash: 0.99% Airbnb Rental Income: $921 Traditional Rental Income: $2731 Airbnb ROI: -2.74% Traditional ROI: 0.99%
30199 Windward Drive Canyon Lake, CA Enjoy true waterfront living in this rare 3-bedroom, 2-bath home situated on a generous pi...	3 beds \| 2 baths \| 1,570 sq.ft.	$899,900	Airbnb cash on cash: -1.38% Traditional cash on cash: 1.49% Airbnb Rental Income: $1144 Traditional Rental Income: $3172 Airbnb ROI: -1.38% Traditional ROI: 1.49%
30248 White Wake Canyon Lake, CA This beautiful home in the heart of Canyon Lake is ready for its next family â perfectly...	3 beds \| 2 baths \| 2,982 sq.ft.	$1,210,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.48% Airbnb Rental Income: $1144 Traditional Rental Income: $3615 Airbnb ROI: -1.05% Traditional ROI: 1.48%
23417 Continental Drive Canyon Lake, CA CANYON LAKE GOLF COURSE HOME! PRIVATE POOL! ACROSS THE STREET FROM THE LAKE! Welcome to y...	3 beds \| 2 baths \| 1,773 sq.ft.	$679,999	Airbnb cash on cash: -1.25% Traditional cash on cash: 2.8% Airbnb Rental Income: $1144 Traditional Rental Income: $3334 Airbnb ROI: -1.25% Traditional ROI: 2.8%
22551 Canyon Lake S Canyon Lake, CA Canyon Lake home with possible boat/toy parking, see agent notes and supplements. Home ha...	4 beds \| 2 baths \| 2,216 sq.ft.	$574,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 3.68% Airbnb Rental Income: $1231 Traditional Rental Income: $3587 Airbnb ROI: -1.44% Traditional ROI: 3.68%
30231 White Wake Canyon Lake, CA Price to move!!!!Remodeled by one of Newport's award winning, "builder of the year" recipi...	3 beds \| 3 baths \| 2,641 sq.ft.	$1,499,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.94% Airbnb Rental Income: $1144 Traditional Rental Income: $3975 Airbnb ROI: -1.37% Traditional ROI: 0.94%
22711 Inspiration Point Canyon Lake, CA Welcome to this custom Mediterranean tri-level home in the coveted Canyon Lake community. ...	5 beds \| 4 baths \| 3,505 sq.ft.	$985,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.16% Airbnb Rental Income: $3371 Traditional Rental Income: $5935 Airbnb ROI: 0.54% Traditional ROI: 4.16%
30310 Spray Drive Canyon Lake, CA Welcome to this move-in ready Canyon Lake home featuring 3 bedrooms, 2.5 bathrooms, 1961 s...	3 beds \| 2 baths \| 1,961 sq.ft.	$630,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.3% Airbnb Rental Income: $1144 Traditional Rental Income: $3319 Airbnb ROI: -1.05% Traditional ROI: 3.3%
23316 Gray Fox Canyon Lake, CA HUGE PRICE REDUCTION! Opportunity Knocks! Canyon Lake East Bay Waterfront Home on a 1/4 Ac...	4 beds \| 3 baths \| 2,913 sq.ft.	$1,049,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 2.64% Airbnb Rental Income: $1231 Traditional Rental Income: $4306 Airbnb ROI: -0.91% Traditional ROI: 2.64%
30099 Big Range Canyon Lake, CA Location, Location, Location! Wonderful corner-lot home in the private lake community of C...	3 beds \| 2 baths \| 2,165 sq.ft.	$629,900	Airbnb cash on cash: -1.44% Traditional cash on cash: 3.07% Airbnb Rental Income: $1144 Traditional Rental Income: $3415 Airbnb ROI: -1.44% Traditional ROI: 3.07%
28545 Connecticut Canyon Lake, CA BACK ON THE MARKET â Buyers couldnât perform. Welcome to your own private oasis in cit...	3 beds \| 2 baths \| 1,056 sq.ft.	$459,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.43% Airbnb Rental Income: $1144 Traditional Rental Income: $2786 Airbnb ROI: -0.28% Traditional ROI: 4.43%

Real Estate investment in Canyon-lake, CA

There are 68 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $699,000 and the average price per square foot is $329. In December 2025, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $3,334.

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

There are 68 investment properties available for sale in Canyon-lake.

In 2025, the best neighborhood to buy investment property is Canyon Lake.

The ROI for Long-Term is higher than the Short-Term in Canyon-lake with average rental income of $3,334.

Your search for investment property begins and ends here

Investment Property for Sale in Canyon Lake, CA

22170 MUSTANG Court

Canyon Lake, CA

3 beds | 2 baths | 1,974 sq.ft.

$615,000

Airbnb cash on cash: -1.13%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $1144

Traditional Rental Income: $2651

Airbnb ROI: -1.13%

Traditional ROI: 2.16%

30431 Sparkle Drive

Canyon Lake, CA

3 beds | 2 baths | 3,109 sq.ft.

$775,000

Airbnb cash on cash: -1.36%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $1144

Traditional Rental Income: $4431

Airbnb ROI: -1.36%

Traditional ROI: 3.71%

22941 Gold Rush Place

Canyon Lake, CA

4 beds | 4 baths | 3,337 sq.ft.

$899,000

Airbnb cash on cash: -1.21%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $1231

Traditional Rental Income: $4158

Airbnb ROI: -1.21%

Traditional ROI: 2.76%

24311 Canyon Lake Drive N #12

Canyon Lake, CA

2 beds | 2 baths | 925 sq.ft.

$399,000

Airbnb cash on cash: -2.93%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $921

Traditional Rental Income: $2496

Airbnb ROI: -2.93%

Traditional ROI: 2.19%

30525 Greenbrook Place

Canyon Lake, CA

3 beds | 4 baths | 3,500 sq.ft.

$1,200,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: 2.44%

Airbnb Rental Income: $1144

Traditional Rental Income: $4667

Airbnb ROI: -1.06%

Traditional ROI: 2.44%

22587 S Canyon Lake Drive

Canyon Lake, CA

3 beds | 2 baths | 1,729 sq.ft.

$619,000

Airbnb cash on cash: -0.94%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $1144

Traditional Rental Income: $3467

Airbnb ROI: -0.94%

Traditional ROI: 3.74%

29875 Smugglers Point Drive

Canyon Lake, CA

4 beds | 4 baths | 2,718 sq.ft.

$799,500

Airbnb cash on cash: -1.28%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $1231

Traditional Rental Income: $3671

Airbnb ROI: -1.28%

Traditional ROI: 2.53%

29731 Bonanza Place

Canyon Lake, CA

3 beds | 2 baths | 2,310 sq.ft.

$685,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1144

Traditional Rental Income: $3433

Airbnb ROI: -1.03%