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
29061 Lupin Place Canyon Lake, CA PRICE REDUCTION This is a MUST SEE!!! One of the best Canyon Lake has available for sale....	5 beds \| 4 baths \| 4,120 sq.ft.	$1,399,999	Airbnb cash on cash: 0.89% Traditional cash on cash: 1.06% Airbnb Rental Income: $5004 Traditional Rental Income: $4205 Airbnb ROI: 0.89% Traditional ROI: 1.06%
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: 0.71% Traditional cash on cash: 0.94% Airbnb Rental Income: $5004 Traditional Rental Income: $4357 Airbnb ROI: 0.71% Traditional ROI: 0.94%
22166 W San Joaquin Drive W Canyon Lake, CA This 2001 "Paul Olsen" designed home embodies the Canyon Lake lifestyle. Located a stones ...	5 beds \| 5 baths \| 5,400 sq.ft.	$3,050,000	Airbnb cash on cash: -0.3% Traditional cash on cash: -0.16% Airbnb Rental Income: $5004 Traditional Rental Income: $4390 Airbnb ROI: -0.3% Traditional ROI: -0.16%
30567 Sea Horse Circle Canyon Lake, CA Stunning Waterfront Retreat in Canyon Lake Welcome to your dream home on the water! Thi...	5 beds \| 3 baths \| 2,850 sq.ft.	$1,150,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 1.42% Airbnb Rental Income: $5004 Traditional Rental Income: $3276 Airbnb ROI: 2.08% Traditional ROI: 1.42%
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.	$299,999	Airbnb cash on cash: 5.24% Traditional cash on cash: 5.17% Airbnb Rental Income: $3190 Traditional Rental Income: $2451 Airbnb ROI: 5.24% Traditional ROI: 5.17%
22590 Canyon Lake Drive S Canyon Lake, CA PAID SOLAR...This stunning East Bay waterfront home truly has it all-impeccably maintained...	5 beds \| 3 baths \| 3,377 sq.ft.	$1,795,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 0.54% Airbnb Rental Income: $5004 Traditional Rental Income: $4302 Airbnb ROI: 0.34% Traditional ROI: 0.54%
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.	$320,000	Airbnb cash on cash: 7.44% Traditional cash on cash: 4.63% Airbnb Rental Income: $4583 Traditional Rental Income: $2785 Airbnb ROI: 7.44% Traditional ROI: 4.63%
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.	$749,500	Airbnb cash on cash: 5.45% Traditional cash on cash: 2.67% Airbnb Rental Income: $6856 Traditional Rental Income: $3578 Airbnb ROI: 5.45% Traditional ROI: 2.67%
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: 5.94% Traditional cash on cash: 2.72% Airbnb Rental Income: $6856 Traditional Rental Income: $3424 Airbnb ROI: 5.94% Traditional ROI: 2.72%
22570 Bass Place #7 Canyon Lake, CA LIVING THE LIFE!! First level WATERFRONT Condo with your OWN BOAT DOCK AND BOAT LIFT. This...	2 beds \| 2 baths \| 1,560 sq.ft.	$499,999	Airbnb cash on cash: 2.08% Traditional cash on cash: 2.91% Airbnb Rental Income: $3190 Traditional Rental Income: $2857 Airbnb ROI: 2.08% Traditional ROI: 2.91%
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.	$555,000	Airbnb cash on cash: 4.61% Traditional cash on cash: 3.22% Airbnb Rental Income: $4583 Traditional Rental Income: $2912 Airbnb ROI: 4.61% Traditional ROI: 3.22%
29670 Longhorn Drive Canyon Lake, CA PRICE IMPROVEMENT, MOTIVATED SELLER Welcome to your private sanctuary overlooking Canyon...	4 beds \| 3 baths \| 2,770 sq.ft.	$699,999	Airbnb cash on cash: 6.2% Traditional cash on cash: 3.69% Airbnb Rental Income: $6856 Traditional Rental Income: $3891 Airbnb ROI: 6.2% Traditional ROI: 3.69%
30181 Swan Point Drive Canyon Lake, CA PRICE REDUCED AGAIN on this beautiful home on a quiet canal off the East Bay w private alu...	4 beds \| 3 baths \| 3,100 sq.ft.	$1,549,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 1.82% Airbnb Rental Income: $6856 Traditional Rental Income: $5399 Airbnb ROI: 1.91% Traditional ROI: 1.82%
24319 Canyon Lake Drive #10 Canyon Lake, CA Just Reduced! Welcome to your stunning oasis in Canyon Lake, CA! This updated End-Unit Con...	2 beds \| 2 baths \| 925 sq.ft.	$395,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 3.13% Airbnb Rental Income: $3190 Traditional Rental Income: $2366 Airbnb ROI: 3.4% Traditional ROI: 3.13%
23849 N Canyon Lake Drive Canyon Lake, CA Canyon Lake is Southern California's hidden gem offering Active Resort Style Living All Ye...	3 beds \| 2 baths \| 2,198 sq.ft.	$695,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 3.07% Airbnb Rental Income: $4583 Traditional Rental Income: $3482 Airbnb ROI: 3.29% Traditional ROI: 3.07%
29515 Longhorn Drive Canyon Lake, CA Big Canyon Lake Beauty at $243.97 per sq/ftâ Ready for You! Submit offers ! Priced redu...	4 beds \| 3 baths \| 3,439 sq.ft.	$839,000	Airbnb cash on cash: 4.77% Traditional cash on cash: 2.99% Airbnb Rental Income: $6856 Traditional Rental Income: $4127 Airbnb ROI: 4.77% Traditional ROI: 2.99%
22255 Village Way Drive Canyon Lake, CA HUGE REDUCTION!! Welcome to this stunning main lake VIEW and POOL home offering 3-4 bedroo...	3 beds \| 2 baths \| 3,134 sq.ft.	$849,999	Airbnb cash on cash: 2.39% Traditional cash on cash: 3.58% Airbnb Rental Income: $4583 Traditional Rental Income: $4572 Airbnb ROI: 2.39% Traditional ROI: 3.58%
29284 Big Range Road Canyon Lake, CA Experience rare Main Lake living in the heart of Canyon Lake! Welcome to this beautiful...	3 beds \| 2 baths \| 1,816 sq.ft.	$1,249,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 0.97% Airbnb Rental Income: $4583 Traditional Rental Income: $3556 Airbnb ROI: 1.03% Traditional ROI: 0.97%
23316 Gray Fox Drive 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: 3.89% Traditional cash on cash: 2.64% Airbnb Rental Income: $6856 Traditional Rental Income: $4298 Airbnb ROI: 3.89% Traditional ROI: 2.64%
30525 Greenbrook Place Canyon Lake, CA Welcome to this fully remodeled, resort-style Pool/Spa home on the 4th green of the Canyon...	3 beds \| 3 baths \| 3,500 sq.ft.	$1,250,000	Airbnb cash on cash: 1.41% Traditional cash on cash: 2.3% Airbnb Rental Income: $4583 Traditional Rental Income: $4667 Airbnb ROI: 1.41% Traditional ROI: 2.3%
22299 San Joaquin Dr West Canyon Lake, CA LAKE VIEWS! Quiet street, great new price! This beautiful home is the epitome of lake liv...	4 beds \| 3 baths \| 2,413 sq.ft.	$849,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 2.04% Airbnb Rental Income: $6856 Traditional Rental Income: $3439 Airbnb ROI: 4.68% Traditional ROI: 2.04%
23570 Brook Drive Canyon Lake, CA Welcome Home to Canyon Lake "A Little Bit of Paradise" Southern California's hidden gem of...	3 beds \| 2 baths \| 1,800 sq.ft.	$599,000	Airbnb cash on cash: 3.99% Traditional cash on cash: 3.27% Airbnb Rental Income: $4583 Traditional Rental Income: $3225 Airbnb ROI: 3.99% Traditional ROI: 3.27%
29789 Longhorn Drive Canyon Lake, CA Rare Find! Waterfront Location with plans to expand & exclusive access to the Canyon Lake ...	3 beds \| 2 baths \| 2,322 sq.ft.	$799,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 2.26% Airbnb Rental Income: $4583 Traditional Rental Income: $3482 Airbnb ROI: 2.46% Traditional ROI: 2.26%
23256 Gray Fox Drive Canyon Lake, CA Welcome to one of Canyon Lakeâs most treasured properties â the second home ever built...	3 beds \| 3 baths \| 2,312 sq.ft.	$2,249,500	Airbnb cash on cash: 0.19% Traditional cash on cash: 0.45% Airbnb Rental Income: $4583 Traditional Rental Income: $4169 Airbnb ROI: 0.19% Traditional ROI: 0.45%
24048 Cruise Circle Drive Canyon Lake, CA PRICE REDUCED! LOW TAXES! WELCOME TO CANYON LAKE, THE PREMEIRE AND EXCLUSIVE PRIVATE COMMU...	3 beds \| 2 baths \| 1,754 sq.ft.	$674,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 2.67% Airbnb Rental Income: $4583 Traditional Rental Income: $3042 Airbnb ROI: 3.61% Traditional ROI: 2.67%
29817 Sloop Drive Canyon Lake, CA Beautifully Remodeled 3 Bedroom, 2 Bathroom Single Story in the Gated Resort Community of ...	3 beds \| 2 baths \| 1,603 sq.ft.	$629,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 2.58% Airbnb Rental Income: $4583 Traditional Rental Income: $3016 Airbnb ROI: 3.63% Traditional ROI: 2.58%
24311 N Canyon Lake Drive #12 Canyon Lake, CA Stunning Fully Furnished Lakefront Condo!! Experience the best of lakeside living in thi...	2 beds \| 2 baths \| 925 sq.ft.	$420,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 2.84% Airbnb Rental Income: $3190 Traditional Rental Income: $2412 Airbnb ROI: 2.98% Traditional ROI: 2.84%
22661 Cove View Street Canyon Lake, CA Hereâs your chance to finish a masterpiece! What started as a modest 1,040 sq ft single-...	4 beds \| 3 baths \| 4,042 sq.ft.	$799,999	Airbnb cash on cash: 5.11% Traditional cash on cash: 3.57% Airbnb Rental Income: $6856 Traditional Rental Income: $4375 Airbnb ROI: 5.11% Traditional ROI: 3.57%
30041 Windward Drive Canyon Lake, CA Discover the lifestyle of Canyon Lake it's more than a neighborhoodâitâs a lifestyle! ...	3 beds \| 2 baths \| 1,938 sq.ft.	$660,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 2.63% Airbnb Rental Income: $4583 Traditional Rental Income: $3329 Airbnb ROI: 3.12% Traditional ROI: 2.63%
30998 Emperor Drive Canyon Lake, CA Welcome to 30998 Emperor Drive, a charming home perfectly positioned on an elevated corner...	3 beds \| 2 baths \| 1,766 sq.ft.	$665,000	Airbnb cash on cash: 3.32% Traditional cash on cash: 2.71% Airbnb Rental Income: $4583 Traditional Rental Income: $3249 Airbnb ROI: 3.32% Traditional ROI: 2.71%
29698 Vacation Drive Canyon Lake, CA Fantastic home located in Canyon Lake. This home features three bedroom, two bathrooms and...	3 beds \| 2 baths \| 1,708 sq.ft.	$609,888	Airbnb cash on cash: 3.95% Traditional cash on cash: 2.81% Airbnb Rental Income: $4583 Traditional Rental Income: $2982 Airbnb ROI: 3.95% Traditional ROI: 2.81%
30221 Lands End Place Canyon Lake, CA WATERFRONT Single level home with open floor plan. Welcome to your 4 bedroom, 2 bath resi...	4 beds \| 2 baths \| 2,513 sq.ft.	$924,900	Airbnb cash on cash: 4.11% Traditional cash on cash: 1.79% Airbnb Rental Income: $6856 Traditional Rental Income: $3527 Airbnb ROI: 4.11% Traditional ROI: 1.79%
22086 Treasure Island unit 30 Canyon Lake, CA Come live on The Island. Treasure Island is a gated community, located on the main lake o...	2 beds \| 2 baths \| 1,252 sq.ft.	$699,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 2.2% Airbnb Rental Income: $3190 Traditional Rental Income: $2692 Airbnb ROI: 1.86% Traditional ROI: 2.2%
22477 Boating Way Canyon Lake, CA ALL OFFERS DUE BY NOON ON 9/15 !!! THIS IS AUCTION PRICING. SUBMIT YOUR BEST OFFERS BY 9...	3 beds \| 4 baths \| 3,997 sq.ft.	$1,000,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 2.99% Airbnb Rental Income: $4583 Traditional Rental Income: $4454 Airbnb ROI: 2.11% Traditional ROI: 2.99%
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.	$2,100,000	Airbnb cash on cash: -0.04% Traditional cash on cash: -0.12% Airbnb Rental Income: $4583 Traditional Rental Income: $3484 Airbnb ROI: -0.04% Traditional ROI: -0.12%
22241 W San Joaquin Drive Canyon Lake, CA HUGE price drop and $60,000 Solar System is now FREEâ¦ Run, Donât walk!!! This incredib...	3 beds \| 3 baths \| 3,508 sq.ft.	$1,395,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 1.21% Airbnb Rental Income: $4583 Traditional Rental Income: $3916 Airbnb ROI: 0.99% Traditional ROI: 1.21%
21815 Strawberry Lane Canyon Lake, CA Welcome to Your Lakefront Escape! Tucked away in one of Canyon Lakeâs most tranquil and ...	3 beds \| 2 baths \| 1,880 sq.ft.	$959,888	Airbnb cash on cash: 2.07% Traditional cash on cash: 1.44% Airbnb Rental Income: $4583 Traditional Rental Income: $3068 Airbnb ROI: 2.07% Traditional ROI: 1.44%
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: 3.33% Traditional cash on cash: 2.42% Airbnb Rental Income: $4583 Traditional Rental Income: $3059 Airbnb ROI: 3.33% Traditional ROI: 2.42%
30050 Skippers Way Drive Canyon Lake, CA Welcome to the ultimate Canyon Lake lifestyle! Nestled on one of the most desirable street...	3 beds \| 2 baths \| 2,362 sq.ft.	$774,999	Airbnb cash on cash: 2.6% Traditional cash on cash: 2.36% Airbnb Rental Income: $4583 Traditional Rental Income: $3455 Airbnb ROI: 2.6% Traditional ROI: 2.36%
21721 Appaloosa Court Canyon Lake, CA Welcome to one of Canyon Lakeâs finest hidden gems a beautifully maintained Canyon Lake ...	3 beds \| 3 baths \| 3,370 sq.ft.	$1,100,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 1.76% Airbnb Rental Income: $4583 Traditional Rental Income: $3894 Airbnb ROI: 1.5% Traditional ROI: 1.76%

Real Estate investment in Canyon-lake, CA

There are 82 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $770,000 and the average price per square foot is $318. In September 2025, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $3,499.

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

There are 82 investment properties available for sale in Canyon-lake.

In 2025, 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

29061 Lupin Place

Canyon Lake, CA

5 beds | 4 baths | 4,120 sq.ft.

$1,399,999

Airbnb cash on cash: 0.89%

Traditional cash on cash: 1.06%

Airbnb Rental Income: $5004

Traditional Rental Income: $4205

Airbnb ROI: 0.89%

Traditional ROI: 1.06%

30385 South Fork Drive

Canyon Lake, CA

5 beds | 4 baths | 4,071 sq.ft.

$1,725,000

Airbnb cash on cash: 0.71%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $5004

Traditional Rental Income: $4357

Airbnb ROI: 0.71%

Traditional ROI: 0.94%

22166 W San Joaquin Drive W

Canyon Lake, CA

5 beds | 5 baths | 5,400 sq.ft.

$3,050,000

Airbnb cash on cash: -0.3%

Traditional cash on cash: -0.16%

Airbnb Rental Income: $5004

Traditional Rental Income: $4390

Airbnb ROI: -0.3%

Traditional ROI: -0.16%

30567 Sea Horse Circle

Canyon Lake, CA

5 beds | 3 baths | 2,850 sq.ft.

$1,150,000

Airbnb cash on cash: 2.08%

Traditional cash on cash: 1.42%

Airbnb Rental Income: $5004

Traditional Rental Income: $3276

Airbnb ROI: 2.08%

Traditional ROI: 1.42%

22725 Skylink Drive

Canyon Lake, CA

2 beds | 2 baths | 720 sq.ft.

$299,999

Airbnb cash on cash: 5.24%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $3190

Traditional Rental Income: $2451

Airbnb ROI: 5.24%

Traditional ROI: 5.17%

22590 Canyon Lake Drive S

Canyon Lake, CA

5 beds | 3 baths | 3,377 sq.ft.

$1,795,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $5004

Traditional Rental Income: $4302

Airbnb ROI: 0.34%

Traditional ROI: 0.54%

24311 Canyon Lake Drive #24

Canyon Lake, CA

3 beds | 2 baths | 1,132 sq.ft.

$320,000

Airbnb cash on cash: 7.44%

Traditional cash on cash: 4.63%

Airbnb Rental Income: $4583

Traditional Rental Income: $2785

Airbnb ROI: 7.44%

Traditional ROI: 4.63%

22535 W San Joaquin Drive

Canyon Lake, CA

4 beds | 2 baths | 2,045 sq.ft.

$749,500

Airbnb cash on cash: 5.45%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $6856

Traditional Rental Income: $3578

Airbnb ROI: 5.45%