Community Profile: Placerville, California
Known as Califonia’s “gold rush” town, Placerville is a charming community of just under 10,400 people.
Where is Placerville Located?
It is located between the South Lake Tahoe, the city of Sacramento. It is accessible via U.S Highway 50 as well as State Highway 49. Placerville is situated in close proximity to a number of Historic Monuments, National Forests, Wineries and more.
A Brief History of Placerville
The history of Placerville began with the “rush for gold” to California in the 1840’s. The highly publicized discovery of gold in the tailrace section at Sutter’s Mill in Coloma in 1848 – which is approximately 10 miles from Placerville led to the migration of thousands of fortune-seekers to Northern California in the mid-1800’s.Placerville was named after the placer deposits found in the river bed between Spanish Ravine and the town plaza. During the gold rush, Placerville became an important supply center for the surrounding mining camps.
What is the Community of Placerville Like?
The community o Placerville serves as a central hub for many programs and activities. Nearby landmarks and activities include Premier wineries, Apple Hill Ranches, Historic Coloma, the American River, and the El Dorado National Forest are all located within minutes of downtown Placerville.
The city is a popular location for families of all sizes and is rich in green space, parks, and recreational activities. Throughout the area, there are a number of elementary, middle and high schools, as well as soccer fields and trails. This small town offers residents quiet living, with tree-lined streets and rivers, as well as many of the amenities that so many home buyers are looking for today, including shopping, dining, public transit, major highways and recreational opportunities.
What is the Real Estate Like in Placerville?
Placerville is host to a number of undeveloped lots of land, many of which are available for purchase. These lots range in price. This is determined largely by the lots size and location. Undeveloped lots of land start at about $15,000 and go up to more than $2 million dollars. Many of these lots include picturesque hills, trails, trees, views, and streams.
In terms of developed real estate, Placerville is home to a variety of housing styles, including single family homes, split level bungalows, townhomes and traditional two-story family houses. Houses start around 134,900 and go up to well over $2.5 million dollars.
What is the Economy Like in Placerville?
Placerville has a rich economy of Government, retail, education, and tourism. The outlook for the future of Placerville’s business economy is that it will continue to be strengthened and infused by these established and newly developed areas of opportunity. Placerville is a community rich in Government officials, small business owners, and property owners.