
Valley Center, California 92082
ASSUMABLE FHA loan 4.625% Welcome to 30349 & 30351 Cool Valley Lane, a rare 3.24-acre estate featuring two single-story homes, breathtaking Palomar Mountain views, a resort-style pool and spa, and outstanding income potential. The 3,492 sq. ft. main residence offers 4 bedrooms, 3 bathrooms, a dedicated office, an open-concept kitchen and family room with fireplace, walk-in pantry, luxury vinyl flooring, and Pella windows that fill the home with natural light. The detached 1,400 sq. ft. guest home features 3 bedrooms, 2 bathrooms, a two-car garage, a private fenced yard, and currently generates $3,200 per month in rental income, making it ideal for extended family, guests, or supplemental income. The usable 3.24 acres include a majestic oak tree, chicken coop, animal enclosure, and plenty of room to enjoy peaceful country living. Whether you're seeking a multi-generational compound, investment opportunity, or private retreat, this exceptional property offers the perfect blend of privacy, versatility, and scenic beauty.
Property is new construction or fully renovated.
While originally built in 1987, the property has undergone extensive high-end renovations within the last 5 years. The interior features modern luxury vinyl flooring, updated Pella windows, and fully remodeled bathrooms with contemporary vanities and stone countertops. The presence of solar panels and the mint condition of both the main and guest houses indicate well-maintained systems and a move-in ready state.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 141134, living area = 4694.
The property features a detached 1,400 sq. ft. guest house currently generating $3,200 in monthly rental income, offering exceptional versatility for investors or extended families.
The availability of an assumable FHA loan at a 4.625% interest rate provides a significant financial advantage and long-term cost savings in the current market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4694, other record living area = 3294. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
The local public schools carry relatively low ratings (ranging from 3 to 5), which may be a concern for families prioritizing high-performing educational districts.
Managing a large 3.24-acre lot with structures built in 1987 requires significant ongoing maintenance and potential infrastructure upkeep compared to standard suburban properties.
No exterior & parking available.
Grades K-3 • 2.5 mi
Grades 3-5 • 2.8 mi
Grades 6-8 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.7 |
| Baths | 5.0 | 2.9 |
| Square foot | 4,694 | 2,319.139 |
| Lot Size | 141,134.406 | 124,321.356 |
| Price | $1.43M | $974.4K |
| Price per sq ft | $304 | $417 |
| Built year | 1987 | 1995 |
| HOA | $0 | $259 |
| Days on market | 15 | 62 |
Oct 10, 2026
$1,425,000
Initial Listing
Sep 23, 2020
$740,000
Public Record
Oct 31, 2017
$675,000
Public Record