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23285 Continental
About This Property
You can't beat the price per square foot for a pool home on the golf course in Canyon Lake- where resort living meets timeless elegance. This 5-bedroom, 4.5-bathroom, 4,207 sq. ft. masterpiece offers everything you've been searching for inside the gates of one of Southern California's most sought-after communities. Step inside to find grand architectural design, featuring soaring ceilings, stately columns, and walls of windows that flood the home with natural light. Entertain with ease in the formal living room with a cozy fireplace, a formal dining room ideal for gatherings, and a spacious family room with its own fireplace and full wet bar complete with a wine fridge, sink, and custom wine rack. The chef's kitchen is a showstopper - recently upgraded with brand-new granite countertops, Bosch double ovens, a Draco microwave, and a built-in Sub-Zero refrigerator that anchors the space in style and functionality. Retreat to your split-level main primary suite, a true sanctuary with a romantic fireplace, private balcony access from both the bedroom and bathroom, and serene golf course views. A junior primary suite also features its own fireplace, while a first-floor ensuite bedroom offers comfort and privacy for guests or in-laws. Two additional bedrooms share a convenient Jack-and-Jill bath.
Enjoy the Southern California lifestyle in your backyard oasis - complete with a sparkling pool and spa, lush palm trees, and panoramic fairway views. The oversized, deep garage provides plenty of room for vehicles and is large enough to store a boat and golf cart... a perfect fit for life in this lake and golf community.
The large laundry room offers exceptional convenience with ample storage, a deep sink, and a built-in ironing board, while upgrades like a tankless water heater and tankless water heater plumbing provide modern efficiency.
This home perfectly blends luxury, comfort, and the Canyon Lake lifestyle - with access to boating, beaches, tennis, golf, and more within this guard-gated paradise.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Price Decreased |
$950,000
↓ $100K
(9.5%) | |
| Price Decreased | |||
| Apr 10, 2026 | Relisted | $1,050,000 | |
| Relisted | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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About Canyon Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017