Canyon Lake Village, which was developed in the early 1960s, is one of the original subdivisions at the lake. The Village is set high on the cliffs overlooking the southeast shoreline, very near the dam. The cliffs shoot nearly straight up from the water, and this results in spectacular views and the feeling of being right on top of the water. Of course with this topography, the buyer looking for a lot that allows them to casually walk down to the water should investigate another subdivision.

Restrictions are a minimum of 1,200 sq. ft. per structure, no mobiles or modulars, and the annual dues are $24.00, or $100.00 with the pool membership. The civic club is very active, has a clubhouse and pool, and has done a fantastic job of keeping the subdivision clean and attractive. The Village has an eclectic mix of homes to say the least. Many of these homes are built on the side of a cliff, and with it's winding, steep roads, one gets the feeling they are in a small part of San Francisco.

Lot prices range from $10,000 for a cliff side hillview, to $125,000 for a breathtaking waterview. Homes are very affordable and nearly always well maintained, prices range from low $150,000 for a traditional lakehouse to $600,000 for a new waterview home.