28438 Cepin Drive, Valley Center, California 92082, Valley Center, 92082 - 3 bed, 2 bath
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28438 Cepin Drive
Valley Center, California 92082
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,560Sq Ft
99,752Lot Size
Property Price
LIST PRICE$724,900
EST. MARKET VALUE
$727,419
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $762,000—positioned well above the $748,191 Fair Market Value by -1.8%. While the pricing reflects a premium, the 2.2-acre parcel offers significant Development Potential for ADU expansion. With a Condition Rating of 5, the residence requires a comprehensive renovation, making it a strategic Value-Add Asset. The expansive lot and scenic Hill Views provide a unique foundation for long-term appreciation. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a major project.
Estimated Market Value
$727,419
Based on Realkey algorithm analyzing recent comparable sales in Valley Center.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28438 Cepin Drive Subject 3 bd · 2 ba · 1,560 sqft · $466 | $724,900* List Price | 3 | 2 | 1,560 | $466 | - |
A 11909 Sky View Drive Sold 3 bd · 2 ba · 1,390 sqft · $591 · 0.1 mi | $822,000 | 3 | 2 | 1,390 | $591 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1987 (39 years old) with no mention of renovations. The 'as-is' sale status, prohibition of inspections, and restricted occupant contact strongly indicate significant deferred maintenance and likely original, outdated systems and interiors requiring a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 99752, living area = 1560.
- Significant Acreage
The property boasts over 2.2 acres of land, providing exceptional privacy and ample space for various outdoor uses, agricultural pursuits, or equestrian facilities.
- Development Potential
With a generous 99,752-square-foot parcel, there is significant potential for ADU development or future improvements, offering a versatile opportunity for investors or multi-generational living.
CONSRISKS & DEFICIENCIES
- Restricted Access
The property is sold with no inspections available and strictly prohibits contact with occupants, creating significant due diligence challenges and risk for potential buyers.
- As-Is Condition
Sold in its current state without the possibility of repairs or credits, this property requires a buyer willing to assume all risks and potential costs for unknown interior conditions or necessary upgrades.
About 28438 Cepin Drive
Rarely does a property offer this combination of an established residential footprint and over 2.2 acres of land. This single-story 3-bedroom, 2-bath residence encompasses approximately 1,560 square feet and sits on a generous 99,752-square-foot parcel. The scale of the property invites consideration of a variety of uses and future improvements, including potential ADU development, subject to verification and applicable approvals. Whether approached as a residential investment, a long-term land opportunity, or a property to shape around your own vision, the possibilities extend well beyond the existing home. Inspections not available – sold as-is. No For Sale sign. Contact with occupants is prohibited. Do not disturb or contact the occupants under any circumstances.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 99,752 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,560 | 2,319.139 |
| Lot Size | 99,752 | 124,321.356 |
| Price | $724.9K | $974.4K |
| Price per sq ft | $465 | $417 |
| Built year | 1987 | 1995 |
| HOA | $0 | $259 |
| Days on market | 24 | 62 |
Pricing History
Listed for Sale
Oct 23, 2026
$724,900
$762,000
-5% Price Drop
Initial Listing
Price Change
Oct 1, 2026
$762,000
Initial Listing
Sold
Mar 2, 2005
$570,000
Public Record
Sold
Jul 19, 1994
$178,000
Public Record