Living in Canyon Crest, Mission Viejo: Gated Luxury & Lake Lifestyle

A Day Living in Canyon Crest

One thing I always notice when showing Canyon Crest is how quiet it feels once you pass through the gates. Mornings often start with a walk along Lake Mission Viejo’s loop trail. Evenings might mean watching sunset views from an elevated backyard patio. It feels tucked away — but you're still just minutes from The Shops at Mission Viejo and major commuter routes.

2026 Canyon Crest Home Prices

Over the past 12 months, Canyon Crest homes have generally sold between $1.73M and $2.25M, with a median hovering around $2.0M. Current listings can range from the high $1.9M range up to just under $3.0M depending on lot size, upgrades, and view orientation.

• Most common home size: 2,800–3,600 sq ft
• Bedrooms: Typically 4–5
• Larger estate homes: 4,000+ sq ft with premium lots
• View lots command the highest premiums

Canyon Crest Market Trends (Last 12 Months)

Over the past year, Canyon Crest has remained one of Mission Viejo’s most stable high-end neighborhoods.

• Median closed price: Approximately $2.0M
• Typical days on market: 20–35 days
• List-to-sale ratio: Often 98%–101%
• Price per square foot: Commonly $575–$700+

Well-updated homes with view lots consistently command premium pricing and move quickly. Homes needing cosmetic updates tend to sit slightly longer but still perform well compared to other non-gated neighborhoods.

HOA Fees & Lake Mission Viejo Membership

Canyon Crest HOA dues typically range between $243 and $279 per month. This includes guard-gated security, community maintenance, and clubhouse amenities.

Many homes include membership to Lake Mission Viejo. For 2026, the semiannual Lake assessment is $193 due January 1 and July 1 (approximately $386 annually) with a $300 transfer fee at close of escrow.

Long-Term Value & Appreciation

Over the past several years, Canyon Crest has shown steady appreciation in line with South Orange County luxury markets. Limited inventory, gated security, and lake access continue to support long-term value retention.

Frequently Asked Questions About Canyon Crest

Is Canyon Crest part of Lake Mission Viejo?

Many homes include Lake Mission Viejo membership. Eligibility should always be verified during escrow.

What are Canyon Crest HOA fees?

HOA dues typically range from $243 to $279 per month.

Are there view homes in Canyon Crest?

Yes. Elevated lots offer hillside and lake views and command premium pricing.

Is Canyon Crest a good investment?

Historically, Canyon Crest has maintained strong resale value due to its gated status and lake access.

What schools serve Canyon Crest?

Castille Elementary, Newhart Middle School, and Capistrano Valley High School commonly serve the area. Always verify by address.

Comparing Canyon Crest to Other Mission Viejo Neighborhoods

• Top 10 Mission Viejo Neighborhoods →
• Living in Casta del Sol (55+ Guide) →
• How to List Your Property in Canyon Crest →

Natalie Boyle
REALTOR®, Founder of Verso Homes (DRE #01329012)
Over 20 years helping Orange County buyers and sellers navigate high-value communities like Canyon Crest.
Learn more about Natalie →

*Information deemed reliable but not guaranteed. Buyer to verify HOA rules, Lake Mission Viejo eligibility and current assessments.