New

$3,950,000

For Sale

18 hours ago

3958 Lancelot Court, Cameron Park, CA

Name: 3958 Lancelot Court, For Sale in Cameron Park - eXp Realty
Brand: Marcus & Millichap Real Estate
SKU: 226091706
Price: 3950000 USD

House

MLS® 226091706

0 Bed

0 Bath

13495 sqft

25 Parking

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 13495 sqft

Garage

Taxes

Days Active 0

Lot Size 0.84 Acres

Approx. Age 2008

Avg. Price Per Sqft $292

MLS® Number 226091706

Property Address: 3958 Lancelot Court, Cameron Park, CA, 95682

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number226091706

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2008

Basement

DrivewayOff Street, Covered, Uncovered

Garage Spaces

HeatCentral

A/CCentral

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 20, 2026List Date

$3,950,000List Price

Commute

Commute

Starting Address

Destination Address

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