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
30071 White Wake Drive Canyon Lake, CA Discover this single-story pool home offering space, functionality, and access to one of S...	4 beds \| 3 baths \| 2,274 sq.ft.	$699,990	Airbnb cash on cash: -1.23% Traditional cash on cash: 3.96% Airbnb Rental Income: $1231 Traditional Rental Income: $4225 Airbnb ROI: -1.23% Traditional ROI: 3.96%
30010 Big Range Road Canyon Lake, CA BOATING, FISHING, GOLF an EQUESTRIAN CENTER, HORSE TRAILS, LITTLE LEAGUE BASEBALL FIELDS, ...	4 beds \| 3 baths \| 2,956 sq.ft.	$1,288,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 1.57% Airbnb Rental Income: $1231 Traditional Rental Income: $4461 Airbnb ROI: -1.46% Traditional ROI: 1.57%
22860 Mariner Drive Canyon Lake, CA Located in the prestigious, guard-gated "Little Bit of Paradise" that is Canyon Lake, 2286...	3 beds \| 1 baths \| 1,634 sq.ft.	$615,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.18% Airbnb Rental Income: $1144 Traditional Rental Income: $2579 Airbnb ROI: -0.98% Traditional ROI: 2.18%
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%
22564 Inspiration Pt Canyon Lake, CA Welcome Home to one of the Best Views in all of Canyon Lake. Perched atop Inspiration Poin...	4 beds \| 5 baths \| 4,341 sq.ft.	$1,389,000	Airbnb cash on cash: -1.16% Traditional cash on cash: 2.04% Airbnb Rental Income: $1231 Traditional Rental Income: $4966 Airbnb ROI: -1.16% Traditional ROI: 2.04%
29875 Smugglers Point Drive Canyon Lake, CA Welcome to 29875 Smugglers Point in the highly sought-after Canyon Lake community. This be...	4 beds \| 3 baths \| 2,718 sq.ft.	$736,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 2.89% Airbnb Rental Income: $1231 Traditional Rental Income: $3671 Airbnb ROI: -1.24% Traditional ROI: 2.89%
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%
22294 Whirlaway Court Canyon Lake, CA WATERFRONT \| HOT TUB \| HIGHLY UPDATED \| LAKE VIEWS \| RIGHT OFF MAIN LAKE \| GATED COMMUNITY...	3 beds \| 2 baths \| 2,180 sq.ft.	$1,188,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 1.01% Airbnb Rental Income: $1144 Traditional Rental Income: $3555 Airbnb ROI: -1.51% Traditional ROI: 1.01%
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.	$775,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 2.74% Airbnb Rental Income: $1144 Traditional Rental Income: $3738 Airbnb ROI: -1.38% Traditional ROI: 2.74%
23646 Big Butte Drive Canyon Lake, CA Vacation Living At Itâs Best! Welcome to your own private resort in the guard-gated comm...	3 beds \| 2 baths \| 1,697 sq.ft.	$787,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.32% Airbnb Rental Income: $1144 Traditional Rental Income: $2735 Airbnb ROI: -1.37% Traditional ROI: 1.32%
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.	$795,999	Airbnb cash on cash: -1.36% Traditional cash on cash: 1.77% Airbnb Rental Income: $1144 Traditional Rental Income: $3087 Airbnb ROI: -1.36% Traditional ROI: 1.77%
31850 Railroad Canyon Road Canyon Lake, CA Welcome to this inviting condo in the highly sought-after, gated waterfront community of C...	3 beds \| 2 baths \| 1,312 sq.ft.	$299,499	Airbnb cash on cash: -0.8% Traditional cash on cash: 6.04% Airbnb Rental Income: $1144 Traditional Rental Income: $2694 Airbnb ROI: -0.8% Traditional ROI: 6.04%
30140 Point Marina Drive Canyon Lake, CA Behind the gates of Canyon Lake, where private beaches and sunset cruises define everyday ...	4 beds \| 3 baths \| 3,517 sq.ft.	$1,549,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 0.79% Airbnb Rental Income: $1231 Traditional Rental Income: $4160 Airbnb ROI: -1.52% Traditional ROI: 0.79%
30212 Clear Water Drive Canyon Lake, CA Experience lakefront living in this move-in ready residence located within the guard-gated...	4 beds \| 3 baths \| 3,330 sq.ft.	$1,375,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.3% Airbnb Rental Income: $1231 Traditional Rental Income: $4383 Airbnb ROI: -1.48% Traditional ROI: 1.3%
22344 Whirlaway Court Canyon Lake, CA PRICE REDUCED & MOVE IN READY! You have found your DREAM HOME! Welcome to 22344 Whirlaway...	3 beds \| 1 baths \| 2,337 sq.ft.	$1,298,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 0.95% Airbnb Rental Income: $1144 Traditional Rental Income: $3763 Airbnb ROI: -1.53% Traditional ROI: 0.95%
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.	$628,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 2.84% Airbnb Rental Income: $1144 Traditional Rental Income: $2983 Airbnb ROI: -0.95% Traditional ROI: 2.84%
29061 Lupin Place Canyon Lake, CA Located in the heart of Southern Californiaâs private waterfront community of Canyon Lak...	5 beds \| 4 baths \| 4,120 sq.ft.	$1,225,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.3% Airbnb Rental Income: $3371 Traditional Rental Income: $4205 Airbnb ROI: -0.09% Traditional ROI: 1.3%
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%
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.	$395,000	Airbnb cash on cash: -1.88% Traditional cash on cash: 3.58% Airbnb Rental Income: $1144 Traditional Rental Income: $2785 Airbnb ROI: -1.88% Traditional ROI: 3.58%
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.	$3,099,000	Airbnb cash on cash: -0.78% Traditional cash on cash: -0.17% Airbnb Rental Income: $3371 Traditional Rental Income: $4390 Airbnb ROI: -0.78% Traditional ROI: -0.17%
30291 Hiding Bass Place Canyon Lake, CA WATERFRONT retreat with limitless potential! The prime location on the East Bay near the t...	2 beds \| 2 baths \| 2,200 sq.ft.	$1,150,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 1.13% Airbnb Rental Income: $921 Traditional Rental Income: $3086 Airbnb ROI: -1.21% Traditional ROI: 1.13%
22731 Canyon Lake Drive Canyon Lake, CA You must see this Beautifully remodeled, high end luxury home located on the 4th green and...	4 beds \| 2 baths \| 2,889 sq.ft.	$949,900	Airbnb cash on cash: -0.92% Traditional cash on cash: 3.78% Airbnb Rental Income: $1231 Traditional Rental Income: $4997 Airbnb ROI: -0.92% Traditional ROI: 3.78%
29622 La Cresta Drive Canyon Lake, CA Nice well kept 3 bedroom home. Turn key. Recent remodel done. New LVP flooring, refinish k...	3 beds \| 2 baths \| 1,351 sq.ft.	$555,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 3.44% Airbnb Rental Income: $1144 Traditional Rental Income: $2872 Airbnb ROI: -0.62% Traditional ROI: 3.44%
22883 Calcutta Drive Canyon Lake, CA Welcome to 22883 Calcutta Drive, an exquisite retreat nestled on the prestigious golf cour...	4 beds \| 3 baths \| 3,800 sq.ft.	$1,525,000	Airbnb cash on cash: -1.77% Traditional cash on cash: 2.3% Airbnb Rental Income: $1231 Traditional Rental Income: $6604 Airbnb ROI: -1.77% Traditional ROI: 2.3%
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.	$1,995,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 0.63% Airbnb Rental Income: $1144 Traditional Rental Income: $4169 Airbnb ROI: -1.21% Traditional ROI: 0.63%
30295 Little Harbor Drive Canyon Lake, CA Get ready to be swept away by this breathtaking Waterfront and Resort Style Tropical Pool,...	4 beds \| 3 baths \| 3,689 sq.ft.	$1,950,000	Airbnb cash on cash: -1.51% Traditional cash on cash: -0.05% Airbnb Rental Income: $1231 Traditional Rental Income: $3484 Airbnb ROI: -1.51% Traditional ROI: -0.05%
30199 Windward Drive Canyon Lake, CA BACK ON MARKET - No Fault To Seller - Enjoy true waterfront living in this rare 3-bedroom...	3 beds \| 2 baths \| 1,745 sq.ft.	$875,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 1.56% Airbnb Rental Income: $1144 Traditional Rental Income: $3172 Airbnb ROI: -1.39% Traditional ROI: 1.56%
30248 White Wake Canyon Lake, CA Welcome to 30248 White Lake Dr., a rare east-facing waterfront retreat on the coveted Luck...	3 beds \| 2 baths \| 2,982 sq.ft.	$1,149,999	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.61% Airbnb Rental Income: $1144 Traditional Rental Income: $3615 Airbnb ROI: -1.05% Traditional ROI: 1.61%
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.	$539,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 3.99% Airbnb Rental Income: $1231 Traditional Rental Income: $3587 Airbnb ROI: -1.47% Traditional ROI: 3.99%
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%
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.	$519,900	Airbnb cash on cash: -1.53% Traditional cash on cash: 3.92% Airbnb Rental Income: $1144 Traditional Rental Income: $3415 Airbnb ROI: -1.53% Traditional ROI: 3.92%
30297 Skippers Way Canyon Lake, CA WATERFRONT living beckons in the exclusive community of Canyon Lake! This recently refresh...	3 beds \| 2 baths \| 2,177 sq.ft.	$1,100,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 1.55% Airbnb Rental Income: $1144 Traditional Rental Income: $3706 Airbnb ROI: -1.32% Traditional ROI: 1.55%
22443 Whirlaway Court Canyon Lake, CA Main Lake Waterfront in the Exclusive Gated Community of Canyon Lake! Welcome to this invi...	3 beds \| 2 baths \| 1,572 sq.ft.	$1,050,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.49% Airbnb Rental Income: $1144 Traditional Rental Income: $3126 Airbnb ROI: -0.93% Traditional ROI: 1.49%
22761 Granite Dome Canyon Lake, CA Beautiful bit of paradise on an extra-large lot. Gorgeous open floor plan, Large 3 Bedroom...	3 beds \| 2 baths \| 2,397 sq.ft.	$899,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.75% Airbnb Rental Income: $1144 Traditional Rental Income: $3472 Airbnb ROI: -1.48% Traditional ROI: 1.75%
22671 E San Joaquin Dr. East Drive Canyon Lake, CA Beautifully Updated & Remodeled 3 Bedroom Home With Exceptional Outdoor Living. This turn...	3 beds \| 2 baths \| 1,782 sq.ft.	$639,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 2.86% Airbnb Rental Income: $1144 Traditional Rental Income: $3264 Airbnb ROI: -1.32% Traditional ROI: 2.86%
22207 Vacation Canyon Lake, CA Assumable FHA loan at a LOW INTEREST RATE! â included brand new interior furniture, this...	3 beds \| 2 baths \| 1,573 sq.ft.	$799,999	Airbnb cash on cash: -1.47% Traditional cash on cash: 1.68% Airbnb Rental Income: $1144 Traditional Rental Income: $3112 Airbnb ROI: -1.47% Traditional ROI: 1.68%
29670 Longhorn Canyon Lake, CA Welcome to Canyon Lake where every day truly feels like a getaway. Tucked near the desira...	4 beds \| 3 baths \| 2,770 sq.ft.	$660,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 3.78% Airbnb Rental Income: $1231 Traditional Rental Income: $4105 Airbnb ROI: -1.53% Traditional ROI: 3.78%
30698 Long Point Canyon Lake, CA Solar owned with the sale of this beautiful golf course home. See this spacious 3-bedroom,...	3 beds \| 2 baths \| 1,825 sq.ft.	$619,500	Airbnb cash on cash: -1.5% Traditional cash on cash: 3.06% Airbnb Rental Income: $1144 Traditional Rental Income: $3404 Airbnb ROI: -1.5% Traditional ROI: 3.06%
23856 Outrigger Canyon Lake, CA YOU READY TO BE THE KING OF YOUR OWN HILL??? BEAUTIFUL MOUNTAIN VIEWS!!! WELCOME TO THE BE...	3 beds \| 2 baths \| 1,690 sq.ft.	$599,995	Airbnb cash on cash: -1% Traditional cash on cash: 3.25% Airbnb Rental Income: $1144 Traditional Rental Income: $3142 Airbnb ROI: -1% Traditional ROI: 3.25%
30279 Clear Water Canyon Lake, CA 30279 Clear Water Dr, Canyon Lake, CA â Fully Remodeled Waterfront Retreat Welcome to th...	3 beds \| 2 baths \| 2,433 sq.ft.	$1,050,000	Airbnb cash on cash: -1.78% Traditional cash on cash: 1.01% Airbnb Rental Income: $1144 Traditional Rental Income: $3493 Airbnb ROI: -1.78% Traditional ROI: 1.01%

Real Estate investment in Canyon-lake, CA

There are 109 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $607,500 and the average price per square foot is $281. In April 2026, the average monthly cash on cash return in Canyon Lake is 3.00%. The average monthly rental income in Canyon Lake is $2,872.

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

There are 109 investment properties available for sale in Canyon-lake.

In 2026, 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 $2,872.

Your search for investment property begins and ends here

Investment Property for Sale in Canyon Lake, CA

30071 White Wake Drive

Canyon Lake, CA

4 beds | 3 baths | 2,274 sq.ft.

$699,990

Airbnb cash on cash: -1.23%

Traditional cash on cash: 3.96%

Airbnb Rental Income: $1231

Traditional Rental Income: $4225

Airbnb ROI: -1.23%

Traditional ROI: 3.96%

30010 Big Range Road

Canyon Lake, CA

4 beds | 3 baths | 2,956 sq.ft.

$1,288,000

Airbnb cash on cash: -1.46%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $1231

Traditional Rental Income: $4461

Airbnb ROI: -1.46%

Traditional ROI: 1.57%

22860 Mariner Drive

Canyon Lake, CA

3 beds | 1 baths | 1,634 sq.ft.

$615,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $1144

Traditional Rental Income: $2579

Airbnb ROI: -0.98%

Traditional ROI: 2.18%

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%

22564 Inspiration Pt

Canyon Lake, CA

4 beds | 5 baths | 4,341 sq.ft.

$1,389,000

Airbnb cash on cash: -1.16%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $1231

Traditional Rental Income: $4966

Airbnb ROI: -1.16%

Traditional ROI: 2.04%

29875 Smugglers Point Drive

Canyon Lake, CA

4 beds | 3 baths | 2,718 sq.ft.

$736,000

Airbnb cash on cash: -1.24%

Traditional cash on cash: 2.89%

Airbnb Rental Income: $1231

Traditional Rental Income: $3671

Airbnb ROI: -1.24%

Traditional ROI: 2.89%

30385 South Fork Drive

Canyon Lake, CA

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%

22294 Whirlaway Court

Canyon Lake, CA

3 beds | 2 baths | 2,180 sq.ft.

$1,188,000

Airbnb cash on cash: -1.51%

Traditional cash on cash: 1.01%

Airbnb Rental Income: $1144

Traditional Rental Income: $3555

Airbnb ROI: -1.51%