Why Elk Grove ?

Home to an entrepreneurial spirit and superior quality of life, Elk Grove is a young, ethnically diverse, modern city that was incorporated in 2000. The city is a high-quality suburban community of approximately 174,000 people, located 14 miles south of the California State Capitol in the State’s affordable Central Valley. Elk Grove is a family- and business-friendly community, with low crime, excellent schools, over 100 community parks, excellent dining and shopping options, numerous annual events and festivals, and over 270 sunny days per year. 

It offers everything from starter homes to ranch estates, and provides a safe, youthful environment where families can settle down roots. There are more than 40,000 households in Elk Grove with a median income of more than $83,000.  The median home value is $415,000, and 62% of adults over 25 are college educated.

Major corporations like Apple, AllData, and the State of California call Elk Grove home. Commercial rents and land costs are affordable, and the City has virtually no seismic risk.  Elk Grove is governed by a five-member City Council consisting of the Mayor and four Council members. Elk Grove operates its own Development Services, Public Works, Finance, and Police Departments, and is served by the Elk Grove Unified School District (with its award winning schools) and the Cosumnes Community Services District (fire and emergency medical services and parks and recreation) and also hosts a satellite campus of Cosumnes River Community College.

Elk Grove’s located in a strategic location, within twenty minutes drive from downtown Sacramento, and less than 2 hours from San Francisco and approx. 1.5 hours from Pleasanton/Dublin/San Ramon. It provides easy access to two major freeways (Fwy 5 and 99), proximity to the Sacramento and Stockton International Airports, rail lines and two ports. The City of Elk Grove is well known for its tree-lined streets, beautiful communities surrounding man-made lakes, or golf course communities, ranches with huge lots, and an award winning school district, plus many many first-rate parks. It also has  a variety of outstanding restaurants, an historical old-town district, and much more. Home to Apple Computers, California Northstate University (college of Medicine and Pharmacy), Costco, Elk Grove has a prosperous business community that boasts a diversity of shops, services. There are many modern hotels in Elk Grove with another new one in the works on East Stockton Blvd (Courtyard by Marriott).

Amazon just made a decision to include Elk Grove as one of its distribution hubs, at a 111,489-square-foot industrial building at 9051 Union Park Way in Elk Grove.

In 2021, Elk Grove will also have a new casino/resort (Wilton Rancheria) located off Grant line exit from highway 99, quite a few miles south from the main residential areas in the city. The resort and casino will be a major economic driver for the region, creating thousands of jobs and new business opportunities. The city hopes this casino will resurrect the long-awaited Mall project in the neighboring area.

Elk Grove as a city experienced very rapid growth in the early and mid 2000's era. Thousands of new homes were built during this period. Their values dropped significantly during the foreclosure crisis. This was an opportunity for investors to buy almost new homes at distressed prices. Of course, since 2012 prices have recovered, they increased year over year continuously until todate. However, even today, there are still affordable single family homes in the mid to high 300 thousands. Condos are even lower priced starting in the high 100,000s to the low 300,000s.

Elk Grove is an example of a great community where a lot of Bay Area families are moving to escape from sky high rents, congested traffic and enjoy a better lifestyle. See a sample list of homes. Please contact us for further details.

If you prefer new homes, there are also new homes available in Elk Grove starting in the mid to high $300k. They are built by reputable builders and come with a warranty. In California, the government requires new homes to be solar ready and provide a 10 year structural warranty against defects from all builders.

If your budget is lower, there are other homes in Sacramento, which are less than $200K.Check out this sample list.

 

 

Elk Grove Statistics - courtesy of moveto.com

Elk Grove Community information

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James Tan MBA Broker/Realtor - best real estate agent elk grove
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