2020: Top 25 best places to buy a vacation home

large mountain cabin in Morgantown, GA

Our Top 25 Best Places to Buy a Vacation Home report has always sought to help potential vacation home buyers make informed decisions on where to purchase a vacation property. While we are living in a different environment in 2020, and not all destinations on our list are operating as usual, our unmatched market data remains unchanged if you’re looking to maximize return on your investment. We manage more than 25,000 vacation rentals in North America, and with local teams in each market we serve, we’re tuned into the insights that make each destination unique.

Whether you’re looking to buy your first vacation home or your fifth, whether it’s an investment or for family fun, read on for our 2020 list of the 25 best places to buy a vacation home. From destinations nestled in the mountains to the sunniest spots on the country’s shorelines, you’re sure to find some vacation home inspiration in unexpected places. Interested in taking the next step? Get in touch with our real estate experts, who can help you assess your goals for vacation rental ownership and find the perfect destination for you.

Top 25 markets for buying a vacation home in 2020

Market

Median home sale price

Cap rate

1

Big Sky, MT

$541,842

9.2%

2

Cape Hatteras, NC

$379,248

8.6%

3

Poconos, PA

$200,190

8.2%

4

Gatlinburg, TN

$269,523

7.8%

5

Dauphin Island, AL

$289,623

7.8%

6

Corolla, NC

$560,599

6.9%

7

Conway, NH

$238,930

6.5%

8

Palm Springs, CA

$459,857

6.4%

9

Ellijay, GA

$226,685

6.4%

10

Blue Ridge, GA

$291,595

6.3%

11

Killington, VT

$218,917

6.2%

12

South Kauai, HI

$593,554

6.2%

13

Vail, CO

$648,651

6.1%

14

Kissimmee, FL

$250,210

6.1%

15

Big Bear, CA

$313,667

6.0%

16

Silverthorne, CO

$429,253

5.9%

17

Breckenridge, CO

$431,883

5.9%

18

Steamboat Springs, CO

$497,000

5.8%

19

Key West, FL

$653,343

5.8%

20

Mt. Hood, OR

$315,774

5.8%

21

South Kohala, HI

$639,908

5.6%

22

Mammoth Lakes, CA

$440,948

5.4%

23

Harbor Springs, MI

$326,957

5.3%

24

Corpus Christi, TX

$295,383

5.3%

25

Panama City Beach, FL

$290,157

5.0%

Top takeaways

COVID-19’s impact on vacation rental travel

In mid-March, COVID-19 had a swift and detrimental impact on vacation rental markets across the country. Nearly every market where Vacasa operates was subject to restrictions or closures, and travel ground to a halt. Fortunately, as restrictions were lifted by local governments, people were eager to travel and rebooked their vacations at an almost alarming rate. Because our data is trailing twelve months (TTM), it may reflect that average nightly rental rates decreased temporarily in some markets during this time. In many markets, there was a dip in March and April nightly rental rates, but those quickly rebounded in May, June, and July as markets reopened for travelers. In a post-pandemic environment, we expect nearly all markets to rebound in terms of both rental rates and occupancy.


Preference for drive-to markets over fly-to markets

As people have started to travel again in 2020, they’re opting to drive rather than fly, for their safety and that of their families. We’ve seen a significant increase in bookings in markets that guests can get to relatively quickly from their often urban home bases. As such, drive-to destinations—like Big Sky, Conway, and Silverthorne—are appearing more frequently on our 2020 list of the best places to buy a vacation home. When you’re considering a purchase, it’s good to know that even in non-pandemic times, vacation homes within 2–2.5 hours of major metropolitan areas are a draw for potential guests.


Embracing the great outdoors

It’s nothing new that travelers who book vacation homes are also often seeking outdoor adventure. This year’s list is full of destinations that are great for exploring the outdoors—nearly every one provides opportunities for hiking and biking, skiing and snowboarding, or kayaking and parasailing. Since our options for indoor entertainment are limited in 2020, it’s no wonder that families and friends are capitalizing on outdoor pursuits.


Tap into tech

Many vacation rental markets are still experiencing closures and restrictions, which may make travel to the area difficult, if not impossible. If you’re interested in purchasing a vacation rental, but would prefer to hold on travel and touring homes, there are plenty of online resources to help you get started. Search Vacasa’s vacation rentals to get a feel for the types of homes in the areas you’re most interested in. There, you can browse images, take 360-degree Matterport home tours, and identify the must-have features for your ideal second home. Once you’re ready to start searching more seriously, we’re here for you and can connect you with a local real estate agent. Another pro tip: conduct online research to determine what activities and attractions bring guests to the area, so you can select a home as close to (or as far away from) the hustle and bustle as you like.


It’s a good time to buy a vacation home

With interest rates so low, and travelers’ preferences shifting toward vacation rentals over hotels, we’re seeing increased interest in purchasing vacation homes. While mortgage rates have dropped across the board, those on second homes are being offered around 3.5%, depending on the lender. So, from a financial standpoint, it’s a great time to purchase a second home as well—especially if you’re able to put 10–15% down.

A closer look at the top 25 markets

COVID-19 disclaimer:
Indoor and outdoor attractions, restaurants, bars, ski villages, events, and festivals mentioned within local market descriptions may be closed or cancelled, or may have limited service due to COVID-19. Before visiting, you are encouraged to check local regulations for the latest information.

large cabin rental in Big Sky, MT lit up at night

1. Big Sky, Montana

The number one best place to buy a vacation home in 2020 is a small-town resort community that’s big on adventure. This four-season destination draws guests from surrounding states seeking natural beauty and plenty of activities. From the endless miles of snowy terrain that brings skiers, snowboarders, and snowmobilers to the area, to the spring and summer months ripe for whitewater rafting, fly fishing, and canoeing, there’s always something to discover in Big Sky. A day exploring the outdoors within city limits or just 50 miles away in West Yellowstone—the closest entry point to Yellowstone National Park—is best capped off downtown, a hub for the best in local fare and live outdoor music.

Explore Big Sky Vacation Homes

Annual gross rental revenue

$79,726

Median home price

$541,842

Cap rate

9.2%

Beach house on Hatteras Island

2. Cape Hatteras, North Carolina

Part of the ever-popular Outer Banks region, Cape Hatteras lies within a small bend of Hatteras Island and is a spit of land that juts right into the Atlantic Ocean. For travelers who crave the heat, Cape Hatteras offers long, hot summers, which are made bearable by access to water in nearly every direction. With almost 70 miles of scenic beaches along the Cape Hatteras National Seashore, guests have more than enough room to mark their personal space with a beach blanket and enjoy the unobstructed ocean views. While the area has all kinds of lodging options, guests often opt for vacation rentals, as they can easily lug their belongings to the shore and back with ease.

Explore Cape Hatteras Vacation Homes

Annual gross rental revenue

$63,029

Median home price

$379,248

Cap rate

8.6%

vacation rental in the poconos

3. Poconos, Pennsylvania

The Poconos span roughly 2,400 square miles in northeastern Pennsylvania and encompass several quaint, cozy towns perfect for exploring. The word “Pocono” means “stream between two mountains” in the indigenous language of the Lenape. And that’s exactly what you’ll find—a plethora of wooded hills, rivers, lakes, and valleys just waiting to be explored. The natural beauty of the area is complemented by its proximity to major metropolitan areas, including Philadelphia and New York City. Both are roughly two hours away, which is ideal for urban guests seeking a dose of nature.

Explore Poconos Vacation Homes

Annual gross rental revenue

$38,079

Median home price

$200,190

Cap rate

8.2%

large vacation rental in Gatlinburg, TN

4. Gatlinburg, Tennessee

Gatlinburg was our number one best place to buy a vacation home in 2019 (Sevierville is included in the Gatlinburg market). Tucked into a leafy mountain valley and bordered by Great Smoky Mountains National Park, Gatlinburg welcomes up to 12 million visitors annually, despite having only 4,000 full-time residents. What’s all the fuss? There’s more packed into this town than destinations twice its size—from day hikes, river rafting, guided outdoor tours, and panoramic lookouts to seasonal festivals, unique shops, and plenty of family-friendly amenities.

Explore Gatlinburg Vacation Homes

Annual gross rental revenue

$39,693

Median home price

$269,523

Cap rate

7.8%

dark blue beach house on Dauphin Island

5. Dauphin Island, Alabama

Dauphin Island sits parallel to Gulf Shores, facing the Gulf of Mexico, and is known for picture-perfect views. It features pristine beaches and unique architecture (think colorful homes on stilts!). Dauphin Island is a short jaunt away from Mobile, a cultural hub on Alabama’s Gulf Coast that provides a steady stream of guests for family vacations and celebrations. While the island has all of the usual aquatic activities, including kayaking, paddleboarding, and boating, inquisitive minds will love exploring The Estuarium at Dauphin Island Sea Lab or touring historic Fort Gaines.

Explore Dauphin Island Vacation Homes

Annual gross rental revenue

$43,316

Median home price

$289,623

Cap rate

7.8%

large beach vacation home in Corolla, NC

6. Corolla, North Carolina

Nestled along the Outer Banks of North Carolina, Corolla has grown in popularity in recent years. The small-town beach community does not mean guests sacrifice access to high-end dining, shopping, or unique experiences. Visitors can find vacation homes of all kinds in Corolla, from the cozy and quaint to the downright luxurious—with some vacation rentals featuring private pools, lush theater rooms, indoor hot tubs, and direct beach access. One of the most popular attractions in Corolla is its wild horses, a herd of Wild Colonial Spanish Mustangs that roam the area’s beaches freely. Fun fact: it is believed that the horses are descendants of shipwrecked horses from hundreds of years ago, so visitors come in droves to catch a glimpse.

Explore Corolla Vacation Homes

Annual gross rental revenue

$65,222

Median home price

$560,599

Cap rate

6.9%

7. Conway, New Hampshire

Conway is located among nearly 700,000 acres of protected land in the White Mountain National Forest and includes all the activities that the outdoors have to offer. From summer to winter and back again, guests can enjoy skiing, snowmobiling, hiking, golfing, fishing, and (best of all) leaf peeping in the late summer and early fall months. Guests can head into town and find a quaint New England village that meshes easily with modern touches, including access to popular outlet malls. While the area has many options for lodging, from B&Bs to resorts, guests are drawn to vacation homes that allow the whole family to get together.

Explore Conway Vacation Homes

Annual gross rental revenue

$31,971

Median home price

$238,930

Cap rate

6.5%

palm springs vacation rental with outdoor pool and large patio with lounge chairs

8. Palm Springs, California

There’s just something different about Palm Springs. When arriving in town, you instantly feel as if you were transported to a simpler—but more subtly glamorous—time. While the area’s shopping, dining, swimming, and sightseeing keep guests busy, there’s nothing better than lounging outside a private vacation home and soaking up the sun by the pool. The skyline in Palm Springs will tell you something about the area, as most homes (vacation or otherwise) rarely rise above one story. The expansive outdoor areas lined with outdoor seating, hot tubs, and barbecues make up for any lack of indoor square footage.

Explore Palm Springs Vacation Homes

Annual gross rental revenue

$51,483

Median home price

$459,857

Cap rate

6.4%

cabin in ellijay, ga

9. Ellijay, Georgia

A vacation rental market that ranked #21 on our 2019 Best Places to Buy a Vacation Home report has broken the top 10. Ellijay, located in the North Georgia mountains, is best known as the state’s mountain biking capital. However, visitors to the area can do a lot more than just ride around on two wheels. This small town has southern charm in spades and features two of the most wholesome events of the year: the Georgia Apple Festival and the Georgia Apple Blossom Festival. While those events are TBD this year, there’s plenty to do in Ellijay—just head to the area's forests, rivers, and streams that create the most Instagram-worthy backdrops to share during quarantine.

Explore Ellijay Vacation Homes

Annual gross rental revenue

$30,971

Median home price

$226,685

Cap rate

6.4%

cabin located in blue ridge, ga

10. Blue Ridge, Georgia

Another Georgia market made our 2020 Best Places to Buy a Vacation Home list, moving up one spot from its 2019 position at #11. Guests to the Blue Ridge area describe it as one of the most naturally beautiful destinations in the country, and we don’t disagree. The mountain range, which is known for its blue hue, is a stunning backdrop to everything the area has to offer. Activities are plentiful in Blue Ridge, from hiking around the local waterfalls to horseback riding along the trails in the Chattahoochee National Forest. Blue Ridge is the trout fishing capital of Georgia, so drop a line in the Toccoa River or enjoy the calm waters of Lake Blue Ridge, meant for paddleboarding, kayaking, and pontooning. Cabins in Blue Ridge are a popular choice for vacationers and are often secluded with great views.

Explore Blue Ridge Vacation Homes

Annual gross rental revenue

$36,686

Median home price

$291,595

Cap rate

6.3%

sprawling vacation home in killington, vt

11. Killington, Vermont

Our #2 best place to buy a vacation home in 2019 slid 9 spots to #11, but Killington still has plenty to offer both buyers and guests. Located in the Green Mountains, Killington offers two downhill ski resorts—one that shares its name with the town, and Pico Mountain Ski Resort—for families and friends who want to experience one of the most diverse ski areas in the country. And while the area is known for winter sports and activities, it also comes alive in the summer months and is home to two PGA golf courses, a bike park (in addition to its many hiking and biking trails), and plenty of spots to take a dip in the area’s rivers. For those looking for a more relaxed experience, Killington offers a plethora of local breweries, wineries, and restaurants, along with plenty of places to indulge in some retail therapy. 

Explore Killington Vacation Homes

Annual gross rental revenue

$37,121

Median home price

$218,917

Cap rate

6.2%

vacation home in kauai, hi

12. South Kauai, Hawaii

While Hawaii is having a tough time due to the current environment, the island of Kauai is still one of our top 25 places to buy a vacation home—and it isn’t the only island destination on the list. We don’t need to convince anyone that buying in Hawaii is a good idea: not only do tourists visit year after year, but it’s also an ideal place for vacation home owners to escape when they have the opportunity. Kauai boasts dramatic beauty, with natural rainforests and jagged cliffs that make for some of the most breathtaking views. Local waters can be calm for kids looking for a splash, or more adventurous for those who want to surf. We recommend looking for homes on the South side of the island due to their strong guest demand and equally high cap rates.

Explore Kauai Vacation Homes

Annual gross rental revenue

$65,162

Median home price

$593,554

Cap rate

6.2%

front porch of vail, co vacation home

13. Vail, Colorado

Home of Colorado’s largest mountain resort with more than 5,000 skiable acres, Vail is an obvious choice for a top place to buy a vacation home. Advanced athletes will love the challenging powdery bowls, and park enthusiasts will want to try out one of the terrain parks. The three Bavarian-style villages at the base of the mountain have heated pedestrian streets and a free bus system, exuding an elegant Old-World charm. And while Vail has plenty to do on its own, it’s also about 12 miles east of the outdoor mecca of Avon—home to the world-renowned slopes of Beaver Creek Resort—and a few miles west of Summit County mountain resorts like the majestic Copper Mountain and skiing paradise of Breckenridge.

Explore Vail Vacation Homes

Annual gross rental revenue

$65,998

Median home price

$648,651

Cap rate

6.1%

two-story home with 2 car garage in kissimmee, fl

14. Kissimmee, Florida

A stone’s throw from Florida’s most popular amusement parks, Kissimmee is one of those destinations that we see guests book year after year to uphold family traditions. Universal Orlando and Walt Disney World Resort are minutes away, so families flock to Kissimmee to catch a glimpse of the world’s most famous mouse or take a turn on the teacups. However, you don’t have to leave Kissimmee to get in on some good old-fashioned family fun. Old Town Kissimmee is popular among tourists to the area, with locally owned businesses and restaurants that’ll transport you back in time. There, show your kids (or grandkids!) what an old-school arcade or bumper cars are all about.

Explore Kissimmee Vacation Homes

Annual gross rental revenue

$33,969

Median home price

$250,210

Cap rate

6.1%

cabin in big bear, ca with fenced deck

15. Big Bear, California

At 6,700 feet above sea level, the idyllic mountain resort town of Big Bear lies at the heart of the San Bernardino National Forest, less than 100 miles east of Hollywood. Recently renovated Big Bear Village—now featuring heated sidewalks, firepits, seating walls, and modern lighting—offers a variety of alpine-style shops and boutiques, as well as several dining and entertainment options. Starting in the spring, guests can shop for local produce at the Big Bear Farmers' Market and take their fare back to their vacation home to prepare healthy meals. In the summer months, take a boat out and drop your line into Big Bear Lake, or take a guided paddlewheel tour across the water.

Explore Big Bear Vacation Homes

Annual gross rental revenue

$35,988

Median home price

$313,667

Cap rate

6.0%

large deck with ample seating of silverthorne, co vacation cabin

16. Silverthorne, Colorado

Roughly 60 miles from Denver, Silverthorne is home to year-round recreation of all kinds. The local ski resorts offer a variety of opportunities for outdoor fun, from skiing and snowboarding in the winter to hiking and biking during the warmer months. Bikers can spend a day exploring Ten Mile Canyon and Vail Pass, while water lovers will want to visit Dillon Reservoir for boating and fishing. Hikers of all experience levels will appreciate that Silverthorne provides easy access to well-known Colorado fourteeners, like Grays Peak and Torreys Peak (both 19.5 miles away) or Quandary Peak (24 miles away). If that kind of outdoor activity isn’t enough to draw guests in, they can also hit the links at the Raven Golf Club or splurge on a shopping spree at the Silverthorne Outlets.

Explore Silverthorne Vacation Homes

Annual gross rental revenue

$45,229

Median home price

$429,253

Cap rate

5.9%

vacation cabin with green garage door in breckenridge, co

17. Breckenridge, Colorado

Given its proximity to the Colorado wilderness, Breckenridge is an ideal choice for a memorable ski getaway or a summer escape filled with hikes, fly fishing, and other outdoor adventures. With its ranking as one of the top 10 ski resorts in America, Breckenridge Ski Resort boasts four towering mountain peaks on the Ten Mile Range and over 2,000 varied acres of skiing and snowboarding terrain. Outside of the resort, the Gold Run Nordic Center and the Breckenridge Nordic Center each offer miles of trails for cross-country skiing or snowshoeing. After a day out on the slopes or trails, guests will enjoy returning to their private vacation home and kicking back by the fire with a warm beverage.

Explore Breckenridge Vacation Homes

Annual gross rental revenue

$49,008

Median home price

$431,883

Cap rate

5.9%

two-story vacation home with two car garage in steamboat springs, co

18. Steamboat Springs, Colorado

Steamboat Springs is famous for its incredible skiing and snowboarding, but the adventure doesn't stop when the snow melts. With year-round gondola rides, fantastic biking trails, and a world-class ski resort, Steamboat Springs provides the perfect home base for a Northwest Colorado getaway. Steamboat Springs Ski Resort offers 3,600 feet of vertical rise and its longest run, “Why Not,” spans more than three miles. For activities that won’t get your heart rate up quite as high, snowshoeing, inner tubing, and snowmobile tours are popular for guests. Steamboat Springs is also an attractive summer market, since it hosts many unique competitions and festivals in the sunnier months.

Explore Steamboat Springs Vacation Homes

Annual gross rental revenue

$50,209

Median home price

$497,000

Cap rate

5.8%

two-story home with outdoor pool in key west, fl

19. Key West, Florida

The #8 market on our 2019 Best Places to Buy a Vacation Home report needs almost no introduction. Key West has long drawn tourists to its sun-filled, laid-back way of life. Bright, colorful vacation rentals line white-sand beaches with crystal-clear water. In fact, Key West has so many different beaches that guests often find themselves sampling them all. After a day outdoors, visitors can head to Duval Street, which offers a variety of venues for a cold drink and live music. For those interested in diving into the history of the area, there are plenty of local museums, but a more unique way to start the day is to ride one of the trains or trolleys as the conductor dictates stories from the area.

Explore Key West Vacation Homes

Annual gross rental revenue

$66,015

Median home price

$653,343

Cap rate

5.8%

20. Mt. Hood, Oregon

Oregon is home to several destinations where outdoor adventure reigns supreme, but perhaps none are quite as popular as Mt. Hood. In the winter months, the mountain’s ski resorts—including Timberline and Mt. Hood Meadows—are packed with Portlanders, who can drive to most resorts within an hour and a half. Those who opt out of downhill have tremendous opportunities for snowshoeing around some of the area’s most beautiful lakes including Mirror and Trillium. In the summer months, hikers and mountain bikers flood local trails to enjoy warm but moderate temperatures that are also perfect for camping overnight.

Explore Mt. Hood Vacation Homes

Annual gross rental revenue

$34,002

Median home price

$315,774

Cap rate

5.8%

21. South Kohala, Hawaii

The South Kohala district includes the towns of Puako, Waikoloa Village, Waimea, and unincorporated Kawaihae and Kawaihae Harbor. It’s one of the most sought-after destinations on the Big Island of Hawaii, but somehow it remains relatively untouched by people. It can be a bit of a change of scenery compared to most people’s idea of Hawaii, with lush, green stretches of rolling hills that are the center of Kohala’s ranching culture. In addition to weekly farmers’ markets, South Kohala is known for its incredible dining scene. From the pricey Redwater Cafe to the family-friendly Pau Pizza, there’s something for everyone in South Kohala.

Explore South Kohala Vacation Homes

Annual gross rental revenue

$64,179

Median home price

$639,908

Cap rate

5.6%

large vacation home in mammoth lakes, ca

22. Mammoth Lakes, California

Mammoth Lakes is one of central California's top year-round destinations for mountain sports, whether you're planning to hit the powder at the Mammoth Mountain Ski Area or explore the surrounding wilderness peaks on foot or mountain bike. Skiing and snowboarding, hiking, mountain climbing, mountain biking, high-altitude running, fishing, birding, geocaching, and mountaineering are really just a handful of the activities guests visit Mammoth Lakes to experience. After a good workout in the great outdoors, guests often head to the area’s local hot springs, where they can unwind in nature.

Explore Mammoth Lakes Vacation Homes

Annual gross rental revenue

$42,900

Median home price

$440,948

Cap rate

5.4%

two-story home in harbor springs, mi covered in a fresh layer of snow

23. Harbor Springs, Michigan

Situated on the shores of Lake Michigan, Harbor Springs is a beloved destination for lake lovers from other parts of the state and beyond. Harbor Springs takes pride in its two beautiful beaches within city limits, which are walking distance from downtown, so guests can bounce between activities with ease. Rent a kayak, take sailing lessons with the family, or simply soak up the summer sun on the sand. Downtown is also home to a thriving local art scene, displayed at charming galleries and boutiques. During the summer months, guests can enjoy Street Musique events, where sounds of local musicians flood the streets as people dine and dance.

Explore Harbor Springs Vacation Homes

Annual gross rental revenue

$34,002

Median home price

$326,957

Cap rate

5.3%

corpus christi beach house with large patio

24. Corpus Christi, Texas

This coastal beach town on the Gulf of Mexico is a vibrant and inviting place to discover southern Texas. Corpus Christi has plenty of opportunities to sail, surf, kayak, or kiteboard, but if guests need a break from the sun, they can pay a visit to the Botanical Gardens, spend the day at the Museum of Science and History, or explore the massive Texas State Aquarium. There, attractions like Dolphin Bay—a 400,000-gallon saltwater exhibit starring two Atlantic bottlenose dolphins—are popular for kids and adults alike. And while one of the benefits of a vacation home is having your own kitchen to prepare meals, a Corpus Christi getaway wouldn't be complete without enjoying some of the town's famous seafood restaurants.

Explore Corpus Christi Vacation Homes

Annual gross rental revenue

$33,649

Median home price

$295,383

Cap rate

5.3%

25. Panama City Beach, Florida

Millions of visitors flock to the sandy shores of Panama City Beach every year, making it one of Florida’s most popular resort towns. Lovers of warm weather and water sports will appreciate all that Panama City Beach has to offer, from fishing to surfing to sunbathing. Panama City Beach is located on Florida’s famed Emerald Coast, about halfway between Pensacola and Tallahassee. Famous for their stark-white sand that stretches along the Gulf Coast for 27 miles, the area’s beaches have plenty of room for those who want to alternate between sunning themselves and taking a dip in the warm ocean waters. Visitors can also take advantage of the amenities in Panama City proper, which is situated just 10 miles inland and offers fantastic shops and restaurants.

Explore Panama City Beach Vacation Homes

Annual gross rental revenue

$32,764

Median home price

$290,157

Cap rate

5.0%

Our methodology

To determine its ranking of top vacation rental markets, Vacasa and its licensed subsidiaries (collectively "Vacasa") analyzed home sales data from the last twelve months for vacation destinations throughout the country, and overlaid it with actual performance data for thousands of U.S. vacation rental properties. Vacasa utilizes data from the markets where it actively operates vacation rentals to ensure accuracy of performance. To calculate average cap rate, we considered the averages of the following in each market: property taxes, utilities, HOA fees, insurance, and property management fees.

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Vacasa offers property management and other real estate services directly through Vacasa LLC and through Vacasa LLC's licensed subsidiaries. Click here for more information about Vacasa's licensed real estate brokerage/property manager in your state. Vacasa’s licensed real estate brokerages/property managers include: Vacasa Alabama LLC; Vacasa Arizona LLC; Vacasa Delaware LLC, 302-541-8999; Vacasa Florida LLC; Vacasa Louisiana L.L.C. (licensed in Louisiana); Vacasa Michigan LLC, 947-800-5979; Vacasa Nevada LLC; Vacasa New Hampshire LLC, P.O. Box 283, Conway NH 03818, Dave Grant, Broker of Record; Vacasa New Mexico LLC, 503-345-9399; Vacasa New York LLC, 888-433-0068, Susan E. Scanlon, Real Estate Broker; Vacasa North Carolina LLC; Vacasa Pennsylvania LLC; Vacasa Real Estate Corporation, California DRE #02105811, Joseph Czapkowicz, California DRE #01380722; Vacasa Real Estate LLC (licensed in Colorado, Daned Kirkham); Vacasa Real Estate LLC (licensed in Idaho, Oregon, and Utah); Vacasa Real Estate LLC (licensed in Tennessee, 615-671-9916); Vacasa Real Estate LLC (licensed in Washington, Robert Brush, Designated Broker); Vacasa South Carolina LLC; Vacasa Tennessee LLC; Vacasa Vacation Rentals of Hawaii LLC, 3350 Lower Honoapiilani Road, Suite 600, Lahaina, HI 96761; Vacasa Vacation Rentals of Montana LLC, Patrice Tompkins, Licensed Property Manager; Vacasa Virginia LLC; Vacasa Wisconsin LLC; Vacasa Wyoming LLC. In Canada, this advertisement is provided by Vacasa Canada ULC, CPBC lic. number 75826, 172 Asher Rd. V1X 3H6 Kelowna, BC.

*This document is for information and illustrative purposes only. It is not intended to provide “investment advice” or a “recommendation” regarding a course of action. The discussion is general in nature and has not taken into account your personal financial position or objectives. You should consult a licensed financial advisor or other professional to discuss your specific situation.

Estimated rental income figures and home sale prices are based on historical averages; for any specific property, the actual revenue, purchase price, and cap rate may differ materially from estimated amounts and depend on a wide range of factors outside Vacasa's knowledge or control, such as the property's condition, layout, and furnishings; expenses associated with the acquisition and ownership of the property (such as property taxes, utility fees, HOA fees, insurance fees, and mortgage-related expenses); rental calendar availability; existing and future regulations; current and future economic, social, and political trends and conditions; and weather and environmental factors. These estimates do not take into account the potential impact of state income taxes.

Many locations restrict or impose conditions on the use of properties as vacation rentals, or restrict vacation rentals to certain defined areas. Before purchasing a particular property as a potential vacation rental a buyer should confirm that the property can legally be used for this purpose.

Vacasa makes no representations or warranties, express or implied, about the accuracy of this document. Furthermore, Vacasa has no obligation to update, modify or amend this document or to otherwise notify users in the event that any opinion, assumption, forecast or estimate set forth herein changes or subsequently becomes inaccurate. Therefore, you should not place undue reliance on statements in this document.