๐Ÿ  13 best short term rental opportunities | February 13, 2024

MI, CA, WA, MA, PA, VT, VT, WV, MT, NC, MS, CA, TN

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This 2 bedroom A-frame is $345k and is featured in the Pro version of this newsletter. ๐Ÿ‘‡

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WELCOME TO VISTA RIDGE, WHERE THE ESSENCE OF MOUNTAIN LIVING COMES TO LIVE IN THIS ENCHANTING CUSTOM-BUILT LOG-SIDED HOME STRATEGICALLY NESTLED IN THE HIGHLY COVETED CASTLE GLEN ESTATES ~ Step into the inviting open great room, adorned w/ knotty pine tongue & groove ceilings, a striking floor-to-ceiling river rock fireplace, & an open kitchen designed for seamless entertaining ~ Enhanced by rich knotty pine features & log accents throughout, this home exudes a warm & welcoming ambiance ~ The kitchen boasts stainless steel appliances, granite slab counters, knotty pine cabinetry, & a spacious center island perfect for casual meals ~ With four bedrooms plus a loft, there's ample space for everyone to enjoy ~ Upstairs, the primary suite offers an adjoining bathroom, a gas fireplace, & a private balcony accessed through a slider ~ A delightful open loft w/ a pool table & dry bar adds to the entertainment options ~ Embrace the breathtaking views from the expansive side deck or retreat to the back deck for a barbecue or a relaxing soak in the hot tub after a day on the slopes ~ The oversized two-car garage provides ample space, large enough to accommodate a boat ~ This mountain retreat seamlessly blends luxury & comfort & is centrally located to all the attractions Big Bear has to offer ~ Currently utilized as a second home & vacation rental in a short-term rental-friendly neighborhood ~ Experience the epitome of mountain living at Vista Ridge!

  • $1,279,000

  • 4 Bedrooms, 2 Bathroomsย 

  • Average Daily Rate: $693

  • Expected occupancy rate: 56%

  • Monthly expected income: $11,804

  • Monthly expected expenses: $9,703

  • Monthly expected cash flow: $2,101

  • Expected cash on cash return: 7.6%

King's & Queens, are you looking to live an extraordinary life of adventure free from peasants? Say less! This Medieval castle on 6+ acres surrounded by a wrought iron fence and two gated towers is the perfect private palace. The frame is built with 60 tons of steel and construction took over 6 years utilizing artisans from all over the world. The castle is 60 feet tall, or taller than a 4 story building. It features a moat, waterfall, drawbridge, portcullis, 26 rooms, elevator, 5 fireplaces, 6 new furnaces, 6 new A/C units, secret rooms, hidden doors, hidden passageways, hidden staircase, wine cellar, Tudor style pub, and a few more surprises... The castle cost more than $10M to build and has a laundry list of recent upgrades including 6 new high efficiency furnaces+air conditioners, new humidifiers, new boiler, water storage tank, the elevator was serviced and certified in 2022, $100K in window/door upgrades, and about $20k in electrical updates

  • $2,300,000

  • 5 Bedrooms, 7 Bathroomsย 

  • Average Daily Rate: $1,066

  • Expected occupancy rate: 58%

  • Monthly expected income: $18,806

  • Monthly expected expenses: $16,309

  • Monthly expected cash flow: $2,497

  • Expected cash on cash return: 5.1%

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