El Dorado, CA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the El Dorado short-term rental market based on reliable data.

Listings

21 / 55

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$31,481

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$598,975

Median Home Sale Price

Top Earners

$117,681

Top-Earners Revenue

El Dorado

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in El Dorado.

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C

Challenging to Investors

El Dorado Regulations

STRs are prohibited in residential zones, and the city caps STRs at just 10 permits with limited commercial-zone eligibility, creating a constrained and risky environment. Heavy compliance requirements and inspections further discourage investment.

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About El Dorado

El Dorado is a small unincorporated community nestled in El Dorado County, California, set in the western foothills of the Sierra Nevada. The community carries the lingering character of the Gold Rush era, sharing its name with both the county and the legendary "El Dorado" myth that drew thousands of fortune-seekers to the region in the mid-1800s. Today it is a quiet foothill settlement that serves as a gateway between California's Central Valley and the high country of the Sierra. The nearest major city is Sacramento, which lies roughly 40 miles to the west and provides the closest major commercial airport and urban amenities.

Just a short drive northeast of El Dorado, Marshall Gold Discovery State Historic Park preserves the site where James W. Marshall first spotted gold at Sutter's Mill in January 1848, an event that set off the California Gold Rush. The park includes reconstructed buildings, a working mill, the Marshall Monument, and a museum of Gold Rush history, and it is reached from El Dorado in about 20 to 25 minutes along Highway 49.

To the west and southwest of El Dorado, the Apple Hill grower region offers a completely different seasonal draw. Beginning in late summer and running through the fall, dozens of family farms open their orchards for u-pick apples, fresh cider, baked goods, and hayrides. The cluster of farms around Camino and Placerville is about 15 to 25 minutes from El Dorado, making it one of the most popular agritourism destinations in Northern California.

Further east, the elevations rise into the Eldorado National Forest, a vast protected area of pine forests, granite outcroppings, and alpine lakes that covers much of the eastern half of the county. Within about an hour's drive, visitors can reach fishing and hiking spots around Ice House Reservoir, Wrights Lake, and the Loch Leven Lakes trailhead, all of which see heavy use from spring through early fall.

Beyond the national forest, Lake Tahoe sits roughly 90 miles to the east-northeast, putting El Dorado within reach of one of the most iconic alpine destinations in North America for a long day trip or an overnight excursion. Historic downtown Placerville, the county seat and a well-preserved Gold Rush town, is only about 10 minutes away and adds walkable Main Street dining, antique shops, and tasting rooms to the mix.

El Dorado's appeal for short-term rental owners rests on this layering of experiences: a peaceful foothill base within easy reach of Sacramento, anchored to a region where Gold Rush heritage, family-friendly farm visits, national forest recreation, and a path to Lake Tahoe all converge. It offers the kind of variety that draws couples, families, and outdoor travelers across multiple seasons without the crowds or price points of the Tahoe basin itself.

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