🏠 12 best short term rental opportunities | January 19, 2024
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This 3 bedroom “comes fully furnished and is currently a lucrative vacation rental”. It’s only $445k and is featured in the Pro version of this newsletter.

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La Puerta del Mar (The Door to the Sea) is a masterful combination of disappearing glass and vast ocean expanse that blurs the line between indoor living and the outdoor terrace. Perched on nearly two acres high above the confluence of the Navarro River and the Pacific Ocean sits this stunning 3 bedroom/2 bath residence. As you transition from the entry into the living space, you will be greeted by a gracious living room with Redwood beam ceilings, Saltillo tile flooring and a wood-burning fireplace crafted of stone. A bank of floor-to-ceiling, folding glass doors joins the interior space with the terrace beyond where you'll be mesmerized by jaw-dropping views to the south of massive, rocky cliffs and exploding surf. The well-appointed kitchen and dining area is a chef's delight with a Redwood breakfast bar and majestic ocean views. At day's end, retreat to the primary suite and relax in front of a Kiva fireplace and a jetted tub. In addition to the standard appointments, your en-suite also includes a Finnish wet/dry sauna. Two additional bedrooms and a den on the opposite side of the home provides flexibility to accommodate family or guests and a home office. This unique home is a highly successful vacation rental (grossed $160,000 in 2023) with deeded beach access. Additional features include skylights (5), fenced yard, hot tub, generator, Level 2 EV charger, and high-speed internet. The Door to the Sea comes fully furnished with only a few exclusions.NOT A DRIVEB-BY. PLEASE DO NOT DISTURB THE OCCUPANTS.
$1,895,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $961
Expected occupancy rate: 55%
Monthly expected income: $16,077
Monthly expected expenses: $13,765
Monthly expected cash flow: $2,311
Expected cash on cash return: 5.7%

A truly unique 3 bed, 2 1/2 bath cabin built with custom features galore. It has custom woodwork including window trim, bamboo flooring, and granite countertops. This is currently a short term rental to be sold Turnkey with all furnishings or could be a gorgeous home for the nature lover. Enjoy the beautiful wooded 5 acres on a wrap around porch or on the walk out lower level patio to enjoy the hot tub or the newly built firepit. Lots of recent updates such as new Trex railing, landscape and freshly painted. This cabin is adjacent to Crane Hollow and is located only mins from Old Man's Cave. Please no drive by's or disturbing guests.
$675,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $374
Expected occupancy rate: 64%
Monthly expected income: $7,281
Monthly expected expenses: $5,193
Monthly expected cash flow: $2,088
Expected cash on cash return: 13.8%
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