There’s been some talk lately of vacation and second homes are the best investments especially in a slow real estate market and I would like to offer my own hometown here as a perfect place for such an investment.

Pollock Pines, CA is a little “city” of about 4700 people about 50 miles from Sacramento. Described by many in the past as a bedroom community or a place people retired in, this friendly city is now home to many who work in Folsom, Placerville, and even Sacramento.

The great diversity in home prices seems attractive to many as well. In 2006, 156 homes sold in Pollock Pines for a minimum price of $179,000 to a high of $873,000. In 2007, 103 homes in Pollock Pines have sold for a low of $87,500 and a high of $830,000.

Currently on the market are still 147 single family homes for sale between $129,000 and $2,650,000 putting the median at just under $360,000.

But you better be prepared for snow in the winter – Pollock Pines is at 4000 feet above sea level.

Comments are closed.