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
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%
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%
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: 3.79% Traditional cash on cash: 2.73% Airbnb Rental Income: $4583 Traditional Rental Income: $2983 Airbnb ROI: 3.79% Traditional ROI: 2.73%
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%
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.	$955,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 1.45% Airbnb Rental Income: $4583 Traditional Rental Income: $3068 Airbnb ROI: 2.09% Traditional ROI: 1.45%
29707 Yellow Gold Drive Canyon Lake, CA Welcome home to this stunning property in the highly sought-after Canyon Lake community! T...	4 beds \| 3 baths \| 2,517 sq.ft.	$819,000	Airbnb cash on cash: 5.2% Traditional cash on cash: 3.44% Airbnb Rental Income: $6856 Traditional Rental Income: $4187 Airbnb ROI: 5.2% Traditional ROI: 3.44%
23316 Gray Fox Drive Canyon Lake, CA East Bay Waterfront! 4 Bd 3Ba. 2900 sqft. Description coming soon. All of this in the beau...	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%
30280 Longhorn Drive Canyon Lake, CA INVESTOR OPPORTUNITY and ALL OFFERS WILL BE ENTERTAINED. Incredible Lakefront Location! Th...	3 beds \| 2 baths \| 2,239 sq.ft.	$879,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 1.91% Airbnb Rental Income: $4583 Traditional Rental Income: $3457 Airbnb ROI: 2.12% Traditional ROI: 1.91%
30208 Lands End Place Canyon Lake, CA COMPLETELY UPDATED WATERFRONT HOME IN CANYON LAKE! This fully remodeled 3-bedroom, 2-bath ...	3 beds \| 2 baths \| 1,511 sq.ft.	$999,999	Airbnb cash on cash: 2.19% Traditional cash on cash: 1.65% Airbnb Rental Income: $4583 Traditional Rental Income: $3130 Airbnb ROI: 2.19% Traditional ROI: 1.65%
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%
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.	$1,225,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 0.5% Airbnb Rental Income: $4583 Traditional Rental Income: $3190 Airbnb ROI: 0.89% Traditional ROI: 0.5%
30186 Yellow Feather Drive Canyon Lake, CA Welcome to your waterfront retreat! This updated multi-level townhome offers the perfect b...	3 beds \| 3 baths \| 1,600 sq.ft.	$539,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 3.31% Airbnb Rental Income: $4583 Traditional Rental Income: $3373 Airbnb ROI: 3.82% Traditional ROI: 3.31%
29779 Longhorn Drive Canyon Lake, CA WATERFRONT living on the jump lagoon. Peaceful, serene surroundings with awesome views fr...	3 beds \| 2 baths \| 1,514 sq.ft.	$629,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 3.44% Airbnb Rental Income: $4583 Traditional Rental Income: $3436 Airbnb ROI: 3.77% Traditional ROI: 3.44%
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.	$799,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 2.63% Airbnb Rental Income: $4583 Traditional Rental Income: $3712 Airbnb ROI: 2.52% Traditional ROI: 2.63%
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.	$1,595,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 2.16% Airbnb Rental Income: $6856 Traditional Rental Income: $6604 Airbnb ROI: 1.43% Traditional ROI: 2.16%
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%
21998 Strawberry Lane Canyon Lake, CA Bring all offers-motivated sellers! This is a rare opportunity to own a first-time offered...	3 beds \| 4 baths \| 2,190 sq.ft.	$1,300,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 2.01% Airbnb Rental Income: $4583 Traditional Rental Income: $4438 Airbnb ROI: 1.34% Traditional ROI: 2.01%
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.	$714,500	Airbnb cash on cash: 5.8% Traditional cash on cash: 2.88% Airbnb Rental Income: $6856 Traditional Rental Income: $3578 Airbnb ROI: 5.8% Traditional ROI: 2.88%
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%
22570 Bass Place #7 Canyon Lake, CA CONDO IS BACK and BETTER THAN EVER!! LIVING THE LIFE!! First level WATERFRONT Condo with y...	2 beds \| 2 baths \| 1,560 sq.ft.	$499,999	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.08% Airbnb Rental Income: $3190 Traditional Rental Income: $2857 Airbnb ROI: 1.25% Traditional ROI: 2.08%
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%
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.	$1,250,000	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 VIEWS VIEWS VIEWS! This beautiful home is the epitome of lake living, enjoy stunning lake...	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%
23825 N Canyon Lake Drive Canyon Lake, CA Well maintained single story 3 bed 2 bath home with 2 car garage. Large backyard for enter...	3 beds \| 2 baths \| 1,630 sq.ft.	$679,500	Airbnb cash on cash: 3.5% Traditional cash on cash: 2.73% Airbnb Rental Income: $4583 Traditional Rental Income: $3145 Airbnb ROI: 3.5% Traditional ROI: 2.73%
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.	$2,095,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 0.55% Airbnb Rental Income: $4583 Traditional Rental Income: $4169 Airbnb ROI: 0.28% Traditional ROI: 0.55%
24311 Canyon Lake Drive N #12 Canyon Lake, CA Stunning Fully Furnished Lakefront Condo â Canyon Lake Experience the best of lakeside ...	2 beds \| 2 baths \| 925 sq.ft.	$420,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 1.81% Airbnb Rental Income: $3190 Traditional Rental Income: $2412 Airbnb ROI: 1.96% Traditional ROI: 1.81%
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 \| 4 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- This 3 bedrooms, 2 bathrooms, Fireplace in living r...	3 beds \| 2 baths \| 1,938 sq.ft.	$645,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 2.72% Airbnb Rental Income: $4583 Traditional Rental Income: $3329 Airbnb ROI: 3.22% Traditional ROI: 2.72%
22477 Boating Way Canyon Lake, CA ALL OFFERS DUE BY NOON ON 9/15 !!! THIS IS AUCTION PRICING. SUBMIT YOUR BEST OFFERS BY N...	3 beds \| 4 baths \| 3,997 sq.ft.	$1,500,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 1.67% Airbnb Rental Income: $4583 Traditional Rental Income: $4454 Airbnb ROI: 1.08% Traditional ROI: 1.67%
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: 0.88% Traditional cash on cash: 1.22% Airbnb Rental Income: $3190 Traditional Rental Income: $2692 Airbnb ROI: 0.88% Traditional ROI: 1.22%
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%
22241 San Joaquin Drive W Canyon Lake, CA Imagine waking up every day to stunning lake views, where your backyard is an endless play...	4 beds \| 5 baths \| 3,508 sq.ft.	$1,394,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 1.21% Airbnb Rental Income: $6856 Traditional Rental Income: $3916 Airbnb ROI: 2.45% Traditional ROI: 1.21%
30050 Skippers Way Drive Canyon Lake, CA Welcome to the ultimate Canyon Lake lifestyle! Nestled on one of the most desirable street...	3 beds \| 3 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%
23462 Continental Way Canyon Lake, CA Welcome to your ultimate Canyon Lake condoâsingle story, light-filled, and packed with u...	3 beds \| 2 baths \| 1,780 sq.ft.	$729,999	Airbnb cash on cash: 2.57% Traditional cash on cash: 1.75% Airbnb Rental Income: $4583 Traditional Rental Income: $3072 Airbnb ROI: 2.57% Traditional ROI: 1.75%
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.	$626,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 0.97% Airbnb Rental Income: $3190 Traditional Rental Income: $2731 Airbnb ROI: 0.52% Traditional ROI: 0.97%
30809 Burning Tree Drive Canyon Lake, CA Welcome to this beautifully updated and move-in-ready solar powered home located in the he...	3 beds \| 2 baths \| 1,565 sq.ft.	$699,999	Airbnb cash on cash: 3.07% Traditional cash on cash: 2.59% Airbnb Rental Income: $4583 Traditional Rental Income: $3316 Airbnb ROI: 3.07% Traditional ROI: 2.59%
23417 Continental Drive Canyon Lake, CA Resort-Style Living with Golf Course & Lake Views! Welcome to your Canyon Lake retreat! T...	3 beds \| 2 baths \| 1,773 sq.ft.	$679,999	Airbnb cash on cash: 3.27% Traditional cash on cash: 2.8% Airbnb Rental Income: $4583 Traditional Rental Income: $3334 Airbnb ROI: 3.27% Traditional ROI: 2.8%
23428 Continental Way Canyon Lake, CA This rare listing boasts exceptional positioning on the Main Channel offering spectacular ...	3 beds \| 2 baths \| 1,780 sq.ft.	$765,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 1.06% Airbnb Rental Income: $4583 Traditional Rental Income: $2874 Airbnb ROI: 2.12% Traditional ROI: 1.06%
30990 Blackhorse Drive Canyon Lake, CA Welcome to this exceptional 4,048 sq. ft. home, fully renovated and situated on a sprawlin...	4 beds \| 5 baths \| 4,048 sq.ft.	$1,598,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 1.09% Airbnb Rental Income: $6856 Traditional Rental Income: $4328 Airbnb ROI: 1.9% Traditional ROI: 1.09%
31215 Emperor Drive Canyon Lake, CA Welcome to this beautifully 3-bedroom, 2-bathroom pool home in the wonderful community of ...	3 beds \| 2 baths \| 1,918 sq.ft.	$699,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 3.72% Airbnb Rental Income: $4583 Traditional Rental Income: $3911 Airbnb ROI: 3.29% Traditional ROI: 3.72%

Real Estate investment in Canyon-lake, CA

There are 54 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $787,000 and the average price per square foot is $327. In September 2025, the average monthly cash on cash return in Canyon Lake is 2.00%. The average monthly rental income in Canyon Lake is $3,504.

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

There are 54 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

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%

22700 Cascade Drive

Canyon Lake, CA

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%

30340 Channel Way Drive

Canyon Lake, CA

3 beds | 2 baths | 1,633 sq.ft.

$649,900

Airbnb cash on cash: 3.79%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $4583

Traditional Rental Income: $2983

Airbnb ROI: 3.79%

Traditional ROI: 2.73%

21721 Appaloosa Court

Canyon Lake, CA

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%

21815 Strawberry Lane

Canyon Lake, CA

3 beds | 2 baths | 1,880 sq.ft.

$955,000

Airbnb cash on cash: 2.09%

Traditional cash on cash: 1.45%

Airbnb Rental Income: $4583

Traditional Rental Income: $3068

Airbnb ROI: 2.09%

Traditional ROI: 1.45%

29707 Yellow Gold Drive

Canyon Lake, CA

4 beds | 3 baths | 2,517 sq.ft.

$819,000

Airbnb cash on cash: 5.2%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $6856

Traditional Rental Income: $4187

Airbnb ROI: 5.2%

Traditional ROI: 3.44%

23316 Gray Fox Drive

Canyon Lake, CA

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%

30280 Longhorn Drive

Canyon Lake, CA

3 beds | 2 baths | 2,239 sq.ft.

$879,900

Airbnb cash on cash: 2.12%

Traditional cash on cash: 1.91%

Airbnb Rental Income: $4583

Traditional Rental Income: $3457

Airbnb ROI: 2.12%