29611 Bonanza Place · Apartments for Rent

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.