3958 Lancelot Court
Cameron Park, CA, 95682
$
3,950,000
Baths0.0
Sq
13,495
Monthly Estimate*
$
24,941
Studio for $3,950,000. This 13,495 square foot home was built in 2008 on a lot size of 0.84.
Camelot Woods Condominiums, a 15-unit townhouse-style condominium community located in the desirable Cameron Park submarket of El Dorado County. Constructed in 2008, the property offers investors the rare opportunity to acquire a newer vintage multifamily asset featuring spacious townhome floor plans, stable rental history, and meaningful income upside with more aggressive management. Camelot Woods Condominiums consists of fifteen two-bedroom, one-and-one-half-bathroom townhouse residences, each approximately 900 square feet. The thoughtfully designed twostory floor plans provide residents with the comfort and privacy similar to single-family living while maintaining the operational efficiencies of a professionally managed rental community. Each residence features maple cabinetry, solid surface countertops, tile flooring in the kitchen and dining areas, central heating and air conditioning, in-unit laundry, private patios or balconies, and covered parking. Additional parking spots are available for rent. Current ownership has maintained the property to a high standard (SB 721 compliant), resulting in an attractive community with minimal deferred maintenance. Built in 2008, Camelot Woods benefits from newer construction than most multifamily inventory in the region, reducing near-term capital expenditure requirements and allowing a new owner to focus on income growth. Average in-place rents of approximately $1,746 per month remain below the projected market average of approximately $1,995 per month, providing investors with a clear opportunity to increase revenue through natural lease turnover and not needing to renovate units to achieve market rent. Ideally located in the heart of Cameron Park, residents enjoy convenient access to Highway 50, placing major employment centers in Folsom, El Dorado Hills, Placerville, and Downtown Sacramento within an easy commute. The community is surrounded by grocery stores, restaurants, parks, schools, and everyday conveniences while benefiting from Cameron Park's desirable foothill setting, highly-regarded quality of life, and strong rental demand.
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Features
General
Sewer
Public Sewer
Heating
Central
Cooling
Central
Utilities
City
Unit 4 Rent
0
Unit 2 Rent
0
Unit 3 Rent
0
Unit 1 Rent
1749
HOA Fee
0
Garage Spaces
0.0
Construction Materials
Wood Siding
Year Built
2008
Stories Count
2
Property Subtype
5 or More Units
Elevation
0
County
El Dorado
Property Type
Residential Income
HOA
N
Total Rooms
0
Close Price
0.0
Status
Active
Directions
East on Hwy 50
Exit on Cameron Park Dr
Left on County Club Dr. Left on Arthur or Lancelot.
City
Cameron Park
High School District
El Dorado Union High
Zoning Description
RES
Open Parking Spaces
0.0
Number Of Units Total
15
MLS Area
12601
Lot Size Square Feet
36590.0
Carport Spaces
0.0
Standard Status
Active
Middle/Junior School District
Placerville Union
Elementary School District
Placerville Union
Year Built Source
Assessor Auto-Fill
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Interior
Flooring
Tile
Vinyl
Total Stories
2
Unit 1 Full Baths
1
Unit 2 Full Baths
0
Unit 3 Full Baths
0
Unit1Bedrooms
2
Unit3Bedrooms
0
Laundry Features
Other
Unit 1 Bedroom Units Total
0
Unit 2 Bedroom Units Total
15
Unit 3 Bedroom Units Total
0
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Exterior
Parking Features
Off Street
Covered
Uncovered
Lot Features
Landscape Back
Landscape Front
Water Source
Public
Total Parking
25.0
Foundation Details
Slab
Number of Buildings
4
Lot Size Acres
0.84
Lot Size Source
Assessor Auto-Fill
Covered Spaces
0.0
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* Excluded Features
List By
Marcus & Millichap Real Estate
Broker
David.DeLoney@marcusmillichap.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $24,941
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
Multi-family listings in Cameron Park, CA
Average List Price
$2,575,000
Percent of Sale Price
35%
About Cameron Park, CA
19,149
Population
19%
Since 2002
$
74,875
Median Income
41.72
Median Age
32%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3193666
Elementary School
3193775
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
7/20/2026
|
$3,950,000
|
|
Listed Price
|