Homes for Sale in Folsom & El Dorado Hills, CA

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El Dorado Hills, California

Location:
El Dorado Hills is an unincorporated census-designated place, only 22 miles east of Sacramento, California and commonly affiliated with the Sacramento Metropolitan Area. It encompasses 48 square miles and sits in El Dorado County.

History:
El Dorado Hills lies only 13 miles from Coloma, the site where gold was first discovered in 1848, which started the Gold Rush. Before that, the area was mostly worked by farmers and ranchers. But with the Gold Rush boom, Two Pony Express routes were opened in 1860, still existing today as modern roads.

Development:
Modern-day El Dorado Hills (EDH) was first established in the 1960s, when developer Alan Lindsey and architect Victor Gruen broke ground. In 1995, the elegant master planned community of Serrano was conceived when the Parker Development Company acquired 3,500 acres along the eastern edge of El Dorado Hills. After 2000, population growth and commercial development exploded in El Dorado Hills, leading to the Town Center Zone and thriving downtown business district.

The new Town Center includes an impressive 100-acres of land and 1,000,000 square feet of buildings, filled with local and national retailers, professional and medical offices, fitness clubs, hotels, cinemas, restaurants, markets, spas, and public amphitheater next to regal fountains and public plazas.

Demographics and affluence:
The population of EDH is now around 43,760, which is up precipitously from the 18,016 population mark recorded during the 2000 census.

El Dorado Hills enjoys a median household income over $115,00, which is the 3rd for highest for any place in the U.S. with population greater than 40,000, behind only Potomac, Maryland and Danville, California.

Accolades:

Real estate:
The median home price in El Dorado Hills is currently around $543,800, with value appreciation at 6.6 percent over the last year. El Dorado Hills real estate is highly sought after, with homes selling quickly and drawing a lot of interest from eager buyers who want to become part of that community. There are plenty of luxury and high-end communities and neighborhoods in El Dorado Hills, considered the crème de la crème for house hunters and the highest value real estate in the area, like Serrano Golf and Country Club, The Summit, Watermark, Marina Hills and Highland Hills.

Jobs and the economy:
Starting in the 1990’s, the business climate boomed in El Dorado Hills, as companies relocated from Silicon Valley up to El Dorado Hills Business Park to escape the exorbitant labor and land costs of labor brought on by the Dot Com tech bust. EDH now enjoys a diverse and well-paying range of employers, with 74% of the workforce employed in white-collar jobs, well above the national average.

Education and Schools:
The educational system in El Dorado Hills is considered exemplary, with a 9 out of 10 ranking by Great Schools City Ratings. In fact, Jackson Elementary. Oak Meadow Elementary, Silva Valley Elementary, William Brooks Elementary, Oak Ridge High, and Marina Village Middle in El Dorado Hills all receive ratings of 10 out of 10.

Notable El Dorado Hills residents:

  • Austin Collie – NFL wide receiver with Indianapolis Colts
  • Ryan Anderson – NBA power forward with New Orleans Pelicans
  • Sei Ajirotutu – NFL wide receiver Carolina Panthers
  • Derrek Lee – first baseman Atlanta Braves
  • F.P. Santangelo – MBL baseball player
  • Jacoby Shaddix – lead singer of Papa Roach
  • Cheri Elliot – 14 time World and National Champion cyclist
  • Robert T. Marionetta – author
  • Orada Moore – jazz musician

Things to do and places to go:
Golf enthusiasts can play a few rounds among the scenic beauty of Serrano Country Club or the El Dorado Hills Golf Club. Wine connoisseurs can sample some of the best from the foothills with over 70 local wineries, vineyards and tasting rooms. For those who love the outdoors, EDH is a dream playground, with all the Sierra Nevada mountains have to offer: hiking, camping, fishing, boating, gold panning, golfing, snow sports, rafting, and horseback riding. For history buffs, El Dorado Hills offers plenty of State Historical Landmarks, Points of Historical Interest, and California Register of Historical Places, including the Gold Visitors Association, California Historical Society, El Dorado County Historical Museum, Marshall Gold Discovery State Park, and El Dorado National Forest Information Center


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Folsom, California

Profile and demographics:
Folsom is a city situated in the foothills of the Sierra Mountain range in Sacramento County, California, only 23 miles from the city of Sacramento. Folsom covers a total area of 24.3 square miles, 21.9 square miles of which is land and 2.4 square miles comprised of water.

As of the 2015, the population of Folsom was 72,203. Of those, 6,772 (9.4%) were institutionalized, which means almost 10% of the people in Folsom are in prison!

History:
Folsom was first settled during the Gold Rush in the nearby Sierra Mountains. It’s named after an Army Captain named Joseph Libbey Folsom who bought a huge plot of land – Rancho Rio de los Americanos – after the Mexican-American War. Folsom started the town of Granite City, whose inhabitants were mostly miners, gold prospectors, and those who had traveled west to find riches. But it wasn’t gold that made the town famous – it was the railroad, as Libbey worked tirelessly to establish a railroad stop that connected to Sacramento. In 1855, Granite City was renamed Folsom to commemorate his contribute. The city of Folsom was formally incorporated in 1946.

The famous Folsom Prison:
In 1880, Folsom Prison was established in Folsom, on land donated to the state in exchange for free prison labor for the Livermore family sawmill. The sawmill never flourished but the Folsom Prison remained. Folsom Prison went on to infamy in 1956 when Johnny Cash sang the iconic song, The Folsom Prison Blues, in front of a captive (and captured) audience of prisoners.

Real Estate:
The median home value in Folsom is now $437,600. Folsom real estate values remain high because it’s such a desirable place to live and work. But with the city’s master plan almost full and no easy places to build, Folsom real estate sells quickly and usually for full asking price. People are so eager to buy real estate in Folsom for several reasons– a strong economy with plenty of jobs, access to Folsom Lake, the city’s historic charm, good schools, low crime rates, with the FBI Uniformed Crime Report ranking Folsom as one of the safest communities in all of California. No wonder home sales are vibrant in Folsom!

Restaurants:
Some of Folsom’s best dining establishments include the highly-rated Chez Daniel, Visconti’s Ristorante, Folsom Palace, Saffron Grill, Bidwell Street Bistro, Sutter Street Steakhouse, Manderes, Fat’s Asian Bistro, and Back Wine Bar & Bistro.

Employment and affluence:
The median household income in Folsom is $95,623, well over national average. The cost of living was just as high, however, at 138% of the national average! Intel, Sacramento’s largest private employer, has made its home in Folsom, employing 6,515 people. The next largest employer in Folsom is the California State Prison, with 1,450 jobs, and then Verizon Wireless with 1,100.

Education and Schools:
Folsom has a school system that performs well above California and national standards. The Folsom school system is rated 9 out of 10 by GreatSchools.org, including these noted individual schools: Empire Oaks Elementary School, Russell Ranch Elementary School, and Sandra J. Gallardo Elementary School are all rated 10 out of 10. Carl H. Sundahl Elementary School and Folsom Community Charter School are rated 9 out of 10.

Folsom is also home to well-established Folsom Lake College.

Things to do and see:
There are plenty of art showings, festivals, musical performances, and other cultural exhibits in Folsom, with the city having its own ballet and symphony. But beautiful Folsom Lake remains the city’s main draw, attracting hikers, horseback riders, swimmers, cyclists, sunbathers, fishermen, and boaters almost daily no matter what season. Folsom Lake spans 4.8 miles of surface area and is bordered by the Folsom Lake Recreation Area.

Historic landmarks:
The Folsom Powerhouse damn has been designated a National Historic Landmark. A large revitalization project in 2011 rejuvenated Folsom’s historic downtown, giving a facelift to museums, shops, restaurants, and charming amenities from its storied history. Folsom also maintains several landmark bridges, the Lake Natoma Crossing, the Rainbow Bridge, and the Folsom Lake Crossing.

Accolades:

Notable Residents:

  • Jerry Horton, guitarist for Papa Roach
  • Cristina Mendonsa, News10 Anchor KXTV in Sacramento
  • Dmitry Tursunov, Tennis Player, Representing Russia in 2008 Olympics
  • Peter Camejo, Green Party Activist
  • John “Spider” Jorgensen, baseball player for the Brooklyn Dodgers and Jackie Robinson’s teammate

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