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 GREAT CLEAN SINGLE STORY , CORNER LOT , RV OR BOAT PARKING ACCESS BACK YARD , 3 CAR GARAGE...	3 beds \| 1 baths \| 1,974 sq.ft.	$575,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 2.38% Airbnb Rental Income: $1144 Traditional Rental Income: $2651 Airbnb ROI: -1.14% Traditional ROI: 2.38%
30635 Sorrel Ln Canyon Lake, CA Welcome to SORREL RANCH â Canyon Lake Luxury Living Redefined Â Perched atop the excl...	4 beds \| 4 baths \| 4,464 sq.ft.	$3,995,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -0.37% Airbnb Rental Income: $1231 Traditional Rental Income: $5611 Airbnb ROI: -1.66% Traditional ROI: -0.37%
31850 Railroad Canyon Rd Canyon Lake, CA UPGRADED CANYON LAKE END UNIT CONDO, WHEN YOU WALK-IN YOU WILL SEE TILE AND WOOD FLOORING...	3 beds \| 2 baths \| 1,312 sq.ft.	$318,500	Airbnb cash on cash: -2.3% Traditional cash on cash: 4.57% Airbnb Rental Income: $1144 Traditional Rental Income: $2824 Airbnb ROI: -2.3% Traditional ROI: 4.57%
22587 Canyon Lake Dr S 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 Spectacular 180 Degree LAKE Views from this Magnificent POOL Home located in the Gated Rec...	4 beds \| 3 baths \| 4,341 sq.ft.	$1,499,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 1.82% Airbnb Rental Income: $1231 Traditional Rental Income: $4966 Airbnb ROI: -1.15% Traditional ROI: 1.82%
29875 Smugglers Point Dr 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.	$780,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 2.63% Airbnb Rental Income: $1231 Traditional Rental Income: $3671 Airbnb ROI: -1.27% Traditional ROI: 2.63%
29731 Bonanza Pl 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%
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.	$389,000	Airbnb cash on cash: -1.89% Traditional cash on cash: 3.14% Airbnb Rental Income: $921 Traditional Rental Income: $2412 Airbnb ROI: -1.89% Traditional ROI: 3.14%
30385 South Fork Dr Canyon Lake, CA The moment you enter this Tuscan masterpiece, your dreams of lake living will be complete....	5 beds \| 3 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 Ct 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.	$795,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 2.62% Airbnb Rental Income: $1144 Traditional Rental Income: $3738 Airbnb ROI: -1.39% Traditional ROI: 2.62%
23646 Big Butte Dr Canyon Lake, CA Welcome to your own private resort, where vacation living meets everyday comfort. This bea...	3 beds \| 2 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 Pl 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.	$820,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.67% Airbnb Rental Income: $1144 Traditional Rental Income: $3087 Airbnb ROI: -1.37% Traditional ROI: 1.67%
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.	$318,500	Airbnb cash on cash: -0.86% Traditional cash on cash: 5.58% Airbnb Rental Income: $1144 Traditional Rental Income: $2694 Airbnb ROI: -0.86% Traditional ROI: 5.58%
22344 Whirlaway Ct Canyon Lake, CA No need to look any further...Â You have found your DREAM HOME! Welcome to 22344 Whirlawa...	3 beds \| 3 baths \| 2,337 sq.ft.	$1,329,000	Airbnb cash on cash: -1.54% Traditional cash on cash: 0.89% Airbnb Rental Income: $1144 Traditional Rental Income: $3763 Airbnb ROI: -1.54% Traditional ROI: 0.89%
29707 Yellow Gold Dr Canyon Lake, CA Welcome home to this beautifully remodeled Canyon Lake stunner, perfectly situated in one ...	4 beds \| 2 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%
29710 Longhorn Dr Canyon Lake, CA Owned solar, Lake views, room for toys and single story! Located on the north side of Sout...	3 beds \| 2 baths \| 1,899 sq.ft.	$724,999	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.63% Airbnb Rental Income: $1144 Traditional Rental Income: $3960 Airbnb ROI: -1.1% Traditional ROI: 3.63%
30340 Channel Way Dr 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: 2.72% Airbnb Rental Income: $1144 Traditional Rental Income: $2983 Airbnb ROI: -0.95% Traditional ROI: 2.72%
29061 Lupin Pl 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.	$1,225,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.35% Airbnb Rental Income: $3371 Traditional Rental Income: $4205 Airbnb ROI: -0.04% Traditional ROI: 1.35%
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%
30291 Hiding Bass Pl Canyon Lake, CA WATERFRONT retreat with limitless potential! The prime location on the East Bay near the t...	2 beds \| 2 baths \| 2,000 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%
23675 Continental Dr Canyon Lake, CA Welcome to Canyon Lake â A Premier Guard-Gated Community This beautiful corner-lot home...	3 beds \| 2 baths \| 1,476 sq.ft.	$635,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 2.7% Airbnb Rental Income: $1144 Traditional Rental Income: $3163 Airbnb ROI: -1.35% Traditional ROI: 2.7%
22883 Calcutta Dr 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 Dr 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: -1.2% Traditional cash on cash: 0.55% Airbnb Rental Income: $1144 Traditional Rental Income: $4169 Airbnb ROI: -1.2% Traditional ROI: 0.55%
30295 Little Harbor Dr 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%
30360 Point Marina Canyon Lake, CA Waterfront "Paradise on East Bay Channel" in Canyon Lake. Enjoy this stunning waterfront ...	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%
30199 Windward Dr Canyon Lake, CA PRIVE IMPROVEMENT - Enjoy true waterfront living in this rare 3-bedroom, 2-bath home situa...	3 beds \| 2 baths \| 1,570 sq.ft.	$873,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 1.57% Airbnb Rental Income: $1144 Traditional Rental Income: $3172 Airbnb ROI: -1.39% Traditional ROI: 1.57%
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.	$1,195,000	Airbnb cash on cash: -1.05% Traditional cash on cash: 1.52% Airbnb Rental Income: $1144 Traditional Rental Income: $3615 Airbnb ROI: -1.05% Traditional ROI: 1.52%
22551 Canyon Lk 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%
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.	$1,350,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 1.15% Airbnb Rental Income: $1144 Traditional Rental Income: $3975 Airbnb ROI: -1.41% Traditional ROI: 1.15%
30310 Spray Dr 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.	$589,900	Airbnb cash on cash: -1.47% Traditional cash on cash: 3.34% Airbnb Rental Income: $1144 Traditional Rental Income: $3415 Airbnb ROI: -1.47% Traditional ROI: 3.34%
22443 Whirlaway Ct 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 San Joaquin Dr. East Dr E Canyon Lake, CA Beautifully Updated & Remodeled 3 Bedroom Home With Exceptional Outdoor Living. This turn...	3 beds \| 2 baths \| 1,782 sq.ft.	$685,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 2.61% Airbnb Rental Income: $1144 Traditional Rental Income: $3264 Airbnb ROI: -1.3% Traditional ROI: 2.61%
22207 Vacation Canyon Lake, CA Step into luxury with this exquisitely renovated and fully furnished Canyon Lake home, off...	3 beds \| 2 baths \| 1,573 sq.ft.	$829,000	Airbnb cash on cash: -1.45% Traditional cash on cash: 1.59% Airbnb Rental Income: $1144 Traditional Rental Income: $3112 Airbnb ROI: -1.45% Traditional ROI: 1.59%
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.	$689,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 3.58% Airbnb Rental Income: $1231 Traditional Rental Income: $4105 Airbnb ROI: -1.51% Traditional ROI: 3.58%
30698 Long Pt Canyon Lake, CA Don't miss this Canyon Lake golf course beauty with its own solar system. See this spaciou...	3 beds \| 2 baths \| 1,825 sq.ft.	$648,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 2.89% Airbnb Rental Income: $1144 Traditional Rental Income: $3404 Airbnb ROI: -1.48% Traditional ROI: 2.89%
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%
30610 Early Round Dr Canyon Lake, CA Stunning Custom Build Home in gated community with RV/Boat Parking. 5 Beds/ 4 Bath on the ...	5 beds \| 3 baths \| 3,404 sq.ft.	$1,290,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 2.27% Airbnb Rental Income: $3371 Traditional Rental Income: $5310 Airbnb ROI: 0.03% Traditional ROI: 2.27%
23832 Fair Weather Canyon Lake, CA Enjoy the benefits of 21 solar panels, delivering energy efficiency and long-term savings ...	3 beds \| 2 baths \| 1,576 sq.ft.	$540,000	Airbnb cash on cash: -1.07% Traditional cash on cash: 3.49% Airbnb Rental Income: $1144 Traditional Rental Income: $3066 Airbnb ROI: -1.07% Traditional ROI: 3.49%

Real Estate investment in Canyon-lake, CA

There are 107 properties for sale in the city of Canyon Lake . The median list price in Canyon Lake is $539,950 and the average price per square foot is $249. In February 2026, the average monthly cash on cash return in Canyon Lake is 5.00%. The average monthly rental income in Canyon Lake is $1,373.

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

There are 107 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 $1,373.

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 | 1 baths | 1,974 sq.ft.

$575,000

Airbnb cash on cash: -1.14%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $1144

Traditional Rental Income: $2651

Airbnb ROI: -1.14%

Traditional ROI: 2.38%

30635 Sorrel Ln

Canyon Lake, CA

4 beds | 4 baths | 4,464 sq.ft.

$3,995,000

Airbnb cash on cash: -1.66%

Traditional cash on cash: -0.37%

Airbnb Rental Income: $1231

Traditional Rental Income: $5611

Airbnb ROI: -1.66%

Traditional ROI: -0.37%

31850 Railroad Canyon Rd

Canyon Lake, CA

3 beds | 2 baths | 1,312 sq.ft.

$318,500

Airbnb cash on cash: -2.3%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $1144

Traditional Rental Income: $2824

Airbnb ROI: -2.3%

Traditional ROI: 4.57%

22587 Canyon Lake Dr S

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 | 3 baths | 4,341 sq.ft.

$1,499,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1231

Traditional Rental Income: $4966

Airbnb ROI: -1.15%

Traditional ROI: 1.82%

29875 Smugglers Point Dr

Canyon Lake, CA

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

$780,000

Airbnb cash on cash: -1.27%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1231

Traditional Rental Income: $3671

Airbnb ROI: -1.27%

Traditional ROI: 2.63%

29731 Bonanza Pl

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%

Traditional ROI: 3.15%

24311 Canyon Lake Drive N Unit 12

Canyon Lake, CA

2 beds | 2 baths | 925 sq.ft.

$389,000

Airbnb cash on cash: -1.89%

Traditional cash on cash: 3.14%

Airbnb Rental Income: $921

Traditional Rental Income: $2412

Airbnb ROI: -1.89%