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29611 Bonanza Place offers appealing features and a strong Zumper Expert Rating, indicating its potential as an attractive option for prospective renters. Key advantages include its strategic location and modern amenities, while its distinctive features enhance its overall charm. This property is well-equipped to meet the preferences of a diverse range of individuals looking for a comfortable living space.
Things you’ll love
| 29611 Bonanza Place | 5 bed | 4 bath | 4,200 sqft | $4,500 /mo | This is a rare opportunity to secure a true waterfront residence in the prestigious, private gated community of Canyon Lake. Positioned on a hill with high elevation on a premium half acre lot, this fully renovated three story lakefront home delivers sweeping lake views, expansive city views, direct lake access, and a level of privacy that is exceptionally difficult to replicate. The home has been comprehensively upgraded and presents as turnkey, featuring custom interior and exterior paint, new flooring throughout, updated fixtures, new appliances, modern countertops, and professionally refreshed front and backyard landscaping. Every improvement was executed with both lifestyle and long term livability in mind. Designed for flexibility and scale, the property is exceptionally well suited for multigenerational living and executive level work from home lifestyles. The first and second floors can accommodate separate living quarters, each offering full amenities and expansive outdoor covered patios that span the full length of the home, creating seamless indoor outdoor living with panoramic lake and city views. The third floor includes a private entrance leading to a dedicated one room office studio, providing a quiet, self contained environment ideal for professional use or creative space. With five bedrooms and four bathrooms, the interior balances comfort and entertainment effortlessly. A massive wood burning fireplace anchors the living space, while a private bar elevates the home’s entertainment value, making it equally suited for hosting and everyday living. A five car garage provides ample capacity for vehicles, recreational equipment, and storage. This is a rare lakefront offering on a premium lot within one of Southern California’s most distinctive private communities. Residents benefit from 24/7 community security patrol and enjoy access to Canyon Lake’s full suite of amenities, including a clubhouse, on site restaurant, golf course, boating and water sports, fishing, parks, equestrian facilities, camping areas, grocery store, shopping center, and controlled gated access. This property is ideal for large households, professionals seeking a high performance work from home environment, and tenants who prioritize elevation, views, privacy, and security. Opportunities of this caliber, condition, and positioning are seldom available. |
Let's explore this property.
One-time.
One-time. Refundable.
| Year built | 1979 |
|---|---|
| Lease terms | 12+ months |
This is a rare opportunity to secure a true waterfront residence in the prestigious, private gated community of Canyon Lake. Positioned on a hill with high elevation on a premium half acre lot, this fully renovated three story lakefront home delivers sweeping lake views, expansive city views, direct lake access, and a level of privacy that is exceptionally difficult to replicate. The home has been comprehensively upgraded and presents as turnkey, featuring custom interior and exterior paint, new flooring throughout, updated fixtures, new appliances, modern countertops, and professionally refreshed front and backyard landscaping. Every improvement was executed with both lifestyle and long term livability in mind. Designed for flexibility and scale, the property is exceptionally well suited for multigenerational living and executive level work from home lifestyles. The first and second floors can accommodate separate living quarters, each offering full amenities and expansive outdoor covered patios that span the full length of the home, creating seamless indoor outdoor living with panoramic lake and city views. The third floor includes a private entrance leading to a dedicated one room office studio, providing a quiet, self contained environment ideal for professional use or creative space. With five bedrooms and four bathrooms, the interior balances comfort and entertainment effortlessly. A massive wood burning fireplace anchors the living space, while a private bar elevates the home’s entertainment value, making it equally suited for hosting and everyday living. A five car garage provides ample capacity for vehicles, recreational equipment, and storage. This is a rare lakefront offering on a premium lot within one of Southern California’s most distinctive private communities. Residents benefit from 24/7 community security patrol and enjoy access to Canyon Lake’s full suite of amenities, including a clubhouse, on site restaurant, golf course, boating and water sports, fishing, parks, equestrian facilities, camping areas, grocery store, shopping center, and controlled gated access. This property is ideal for large households, professionals seeking a high performance work from home environment, and tenants who prioritize elevation, views, privacy, and security. Opportunities of this caliber, condition, and positioning are seldom available.
How 29611 Bonanza Place compares to other nearby properties.
Positives
| Month | Median Rent |
|---|---|
| January 2024 | $3,325 |
| February 2024 | $3,350 |
| March 2024 | $3,459 |
| April 2024 | $3,393 |
| May 2024 | $3,306 |
| June 2024 | $3,295 |
| July 2024 | $3,266 |
| August 2024 | $3,250 |
| September 2024 | $3,500 |
| October 2024 | $3,175 |
| November 2024 | $3,000 |
| December 2024 | $3,060 |
| January 2025 | $3,102 |
| February 2025 | $3,091 |
| March 2025 | $3,052 |
| April 2025 | $3,095 |
| May 2025 | $3,284 |
| June 2025 | $3,350 |
| July 2025 | $3,255 |
| August 2025 | $3,387 |
| September 2025 | $3,563 |
| October 2025 | $3,500 |
| November 2025 | $3,140 |
| December 2025 | $3,066 |
| Month | Median Rent |
|---|---|
| January 2024 | $3,362 |
| February 2024 | $3,425 |
| March 2024 | $3,514 |
| April 2024 | $3,393 |
| May 2024 | $3,306 |
| June 2024 | $3,295 |
| July 2024 | $3,266 |
| August 2024 | $3,250 |
| October 2024 | $3,066 |
| November 2024 | $3,000 |
| December 2024 | $3,075 |
| January 2025 | $3,106 |
| February 2025 | $3,002 |
| March 2025 | $2,938 |
| April 2025 | $3,173 |
| May 2025 | $3,394 |
| June 2025 | $3,362 |
| July 2025 | $3,255 |
| August 2025 | $3,387 |
| September 2025 | $3,563 |
| October 2025 | $3,500 |
| November 2025 | $3,140 |
| December 2025 | $3,083 |
23 ponte russo
lake elsinore, CA, 92532
1405 ed way
lake elsinore, CA, 92530
Canyon Lake | Canyon Lake, CA