Eldorado, a quaint village in Preble County, Ohio, is known for its friendly atmosphere, lush farmland, and strong community ties. With a population that embraces both rural and suburban lifestyles, residents can enjoy a peaceful way of life while still being within reach of amenities in nearby cities. This guide explores some of the best residential areas in Eldorado, highlighting their characteristics, housing options, and average prices.
Table of Contents
Downtown Eldorado

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Downtown Eldorado serves as the central hub of community life, with charming local shops, eateries, and access to essential services. This area is perfect for those who appreciate a close-knit community and easy access to amenities.
Characteristics of the Downtown Eldorado
* Culture: Vibrant local culture with small businesses and seasonal events
* Transportation: Well-connected by road, limited public transportation
* Services: Grocery stores, restaurants, banks, and post office
* Environment: Friendly, community-oriented, and bustling
Housing Options in the Downtown Eldorado
Single-family homes, Townhouses
Average Home Prices in the Downtown Eldorado
* Buying: $150,000 – $220,000
* Renting: $1,000 – $1,500/month
Eldorado Farms

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Eldorado Farms offers a blend of agricultural and residential living. This area is for those who enjoy rural living but still desire community connection. It's wonderful for families wanting space and privacy.
Characteristics of the Eldorado Farms
* Culture: Strong agricultural heritage and family-oriented activities
* Transportation: Car essential, quiet country roads
* Services: Limited local services, needs a short drive for major shopping
* Environment: Peaceful, spacious, and scenic
Housing Options in the Eldorado Farms
Farmhouses, Large plots of land for custom homes
Average Home Prices in the Eldorado Farms
* Buying: $200,000 – $300,000
* Renting: $1,200 – $2,000/month
Eldorado Heights

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Eldorado Heights is a suburban-like neighborhood that offers scenic views and a family-friendly atmosphere. The area is known for its spacious lots and well-established homes.
Characteristics of the Eldorado Heights
* Culture: Suburban lifestyle with local gatherings and events
* Transportation: Car necessary; wider streets for convenience
* Services: Nearby parks, schools, and community services
* Environment: Family-friendly, peaceful, and welcoming
Housing Options in the Eldorado Heights
Single-family homes, Split-level homes
Average Home Prices in the Eldorado Heights
* Buying: $180,000 – $250,000
* Renting: $1,100 – $1,700/month
Lake Eldorado Area

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The Lake Eldorado area is perfect for those who enjoy outdoor recreational activities such as fishing, boating, and hiking. This charming locale offers both community engagement and natural beauty.
Characteristics of the Lake Eldorado Area
* Culture: Nature appreciation and outdoor activities
* Transportation: Car necessary; located on the outskirts
* Services: Access to lake amenities, limited retail services
* Environment: Relaxed, natural, and community-oriented
Housing Options in the Lake Eldorado Area
Cottages, Ranch-style homes
Average Home Prices in the Lake Eldorado Area
* Buying: $165,000 – $230,000
* Renting: $1,050 – $1,600/month
Forest Glen

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Forest Glen is a picturesque neighborhood surrounded by nature. Known for its wooded areas and walking trails, it is ideal for those looking for a serene lifestyle.
Characteristics of the Forest Glen
* Culture: Outdoor-friendly with a focus on health and wellness
* Transportation: Car essential, with access to nature trails
* Services: Nearby grocery and convenience stores
* Environment: Serene, quiet, and nature-filled
Housing Options in the Forest Glen
Single-family homes, Eco-friendly homes
Average Home Prices in the Forest Glen
* Buying: $190,000 – $270,000
* Renting: $1,200 – $1,800/month
Maplewood Estates

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Maplewood Estates is a highly desirable area known for its well-maintained properties and families. It combines the warmth of small-town living with proximity to larger shopping and dining options.
Characteristics of the Maplewood Estates
* Culture: Community-focused with regular neighborhood events
* Transportation: Good road access; car recommended
* Services: Access to schools, parks, and local amenities
* Environment: Welcoming, vibrant, and community-oriented
Housing Options in the Maplewood Estates
Contemporary homes, Family-sized homes
Average Home Prices in the Maplewood Estates
* Buying: $220,000 – $320,000
* Renting: $1,300 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Eldorado:
The best residential areas in Eldorado include Downtown Eldorado, Eldorado Farms, Eldorado Heights, Lake Eldorado Area, Forest Glen, and Maplewood Estates.
Eldorado Heights and Maplewood Estates are both highly recommended for families due to their community events, parks, and schools.
Eldorado Farms offers similar properties at a more straightforward price point, making it more affordable than some other neighborhoods.
While public transport is limited, Eldorado is well connected by roads, and having a car is recommended for getting around.
Yes, there are several reputable schools within the area, particularly near Maplewood Estates and Eldorado Heights.
Eldorado hosts seasonal events, community picnics, and local festivals that enhance the ties among residents.
The Lake Eldorado Area and Forest Glen both offer excellent access to outdoor activities like hiking and fishing.
Most neighborhoods have well-maintained homes, though it varies with private properties especially in areas with more land like Eldorado Farms.
Commutes vary based on your destination, with most surrounding cities being within a 20 to 30-minute drive.
Downtown Eldorado contains grocery stores, cafes, banks, and access to community events and programming for all ages.
Conclusion on the Best Residential Areas in Eldorado:
Eldorado is a charming village with diverse residential options catering to different lifestyles. Residents enjoy the benefits of a strong community, access to nature, and the charm of rural living. Whether you are drawn to the vibrancy of Downtown Eldorado, the tranquility of Lake Eldorado, or the spacious homes of Eldorado Farms, there's something for everyone. Choosing the right neighborhood can significantly enhance your quality of life, making Eldorado an appealing choice for both individuals and families.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.