About Cameron Park
Cameron Park is a census-designated place (CDP) in El Dorado County, California, United States and is part of the Sacramento metropolitan area. The population was 18,228 at the 2010 census, up from 14,549 at the 2000 census. Cameron Park is a community located in the Northern California Gold Country of the Sierra Nevada foothills, approximately 30 miles (50 km) east of Sacramento and 70 miles (110 km) west of South Lake Tahoe.
The original Native American inhabitants of the area surrounding Cameron Park were Nisenan, or Southern Maidu Indians. Grinding rocks and burial mounds serve as glimpses of the past and are still visible in various locations in and near Cameron Park.
Cameron Park is where gold was discovered in 1848 to set the stage for the California Gold Rush. Visionary Larry Cameron purchased the 5000 foothill acres that now encompass Cameron Park in the ’50s for ranching purposes. Today Cameron Park is a quaint small town up the hill from Sacramento. The population is just over 18,000 with a median home value of around $460,000. The average 3 bedroom/2 bathrooms in Cameron Park is renting from $1,800-$2,500 currently. With many families inhabiting this foothill town, it's a wonderful opportunity to invest in a rental property with a long term investment in mind.
Modern development accelerated in the area when Larry Cameron purchased 5,000 acres (2,000 ha) of foothill land in the 1950s for development purposes, first for ranching, then involving housing, a golf course, parks, a lake and a small airport. In the years since then, the land has slowly been sub-divided into lots of varying sizes, including ranch-sized properties and medium and high density residential neighborhoods. Today, Cameron Park contains a mix of ranches, single family homes, condominiums, apartments and businesses. Source Wikipedia