Airbnb & VRBO Performance in Freeport Maine.

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Freeport, Maine: Airbnb & VRBO Vacation Rental Market Overview

In Freeport, Maine, the short-term rental market is thriving, with an average 55% occupancy rate, a daily rate of $288, and monthly revenues of $27,455, driven by peak seasons in summer and fall that attract tourists to the area's outdoor activities and scenic attractions.

Market overview

Thriving Short-Term Rental Market in Freeport, Maine

Freeport, Maine, is experiencing a robust short-term rental market, driven by its appealing mix of urban and rural properties, as well as its vibrant tourist attractions. According to recent data, short-term rentals in Freeport boast an average occupancy rate of 55%, highlighting the strong demand for these accommodations. The average daily rate for these rentals stands at $288, with monthly revenues averaging $27,455. This performance is further enhanced by the peak seasons of summer and fall, which attract tourists for activities such as hiking, boating, and enjoying the fall foliage. The market's health is also reflected in the growth of active listings, which have increased by 8% over the past year, indicating a thriving and expanding sector.

Short Term Regulations

Short-Term Rental Regulations in Freeport, Maine for 2024

Registration and Fees

  • Owners of short-term rentals must register their properties with the Town of Freeport by paying a $100 registration fee per application. This fee is annual.

Property Requirements

  • Owners must provide a copy of their Property Deed as part of the registration process.

Guest Limits

  • No more than 16 people can attend any gathering or event held at a short-term rental. Bookings exceeding this limit made prior to April 27, 2021, are grandfathered in.

Occupancy Limits

  • Bookings are limited to a maximum of two guests per bedroom with no more than two additional overnight guests.

Safety and Compliance

  • An emergency contact person must be available to respond to complaints within 60 minutes at any time of day.

Inspections

  • While the specific inspection requirements for Freeport are not detailed in the sources, it is common in Maine for short-term rentals to undergo safety and compliance inspections.

Parking

  • Short-term rental properties must have two parking spaces available to their tenants. However, this can be challenging given the prevalence of on-street public parking in the area.

Fines and Penalties

  • Fines for not registering or violating the ordinance can be imposed, with penalties including fines of up to $300 for parking violations. Failure to comply can also result in the revocation of the occupancy permit.

Other Regulations

  • The ordinance addresses issues such as noise, trash, and safety to ensure that short-term rentals do not negatively impact the neighborhood.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Freeport, Maine

1. Freeport Village

  • Appeal: Freeport Village is a hub for shopping, dining, and outdoor activities. Guests are drawn to its proximity to the L.L. Bean Factory Store, Freeport Village Station, and the Adventure Schools of L.L. Bean. Rentals like the "Waterfront Private Apartment, 5 Minutes From L.L. Bean" and "Freeport Village Sunny Studios" are highly rated for their central location and easy access to local amenities.

2. Harraseeket Harbor Area

  • Appeal: This area is popular for its scenic views and waterfront activities. The "Cozy Cottage-Near Harbor & Park" and similar rentals offer guests a tranquil stay with easy access to hiking, biking, and shore walks. The proximity to the harbor and local parks makes it an attractive option for those seeking a mix of relaxation and outdoor activities.

3. Bowman Island and Surrounding Waterfront

  • Appeal: For those looking for a more secluded and rustic experience, Bowman Island and its surrounding waterfront areas are highly appealing. Rentals like the "Bowman Island Rustic Sea Cabin/camping Getaway" offer stunning ocean views, kayaking, fishing, and a unique glamping experience.

4. Harraseeket Estuary

  • Appeal: This area is favored for its natural beauty and recreational opportunities. The "Harraseeket Estuary Loft Apartment" and similar rentals provide guests with access to kayaking on the Harraseeket River, making it ideal for nature lovers and those seeking an active vacation.

5. Freeport's Wooded Areas (e.g., Frost Gully Brook)

  • Appeal: For guests who prefer a more secluded and nature-immersed experience, rentals located in Freeport's wooded areas are very appealing. Properties like the "1000 Sq. Ft. 1br+ Apt Close To Town & Nature" offer access to wooded trails and a peaceful environment, while still being close to town amenities.

These neighborhoods are highly sought after due to their unique blend of natural beauty, recreational opportunities, and easy access to local attractions and amenities.

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Design Tips

Creating an Inviting Airbnb in Freeport, Maine: Design and Furnishing Tips

To design an Airbnb in Freeport, Maine, that is both inviting and reflective of the city's unique style, consider the following tips:

Understand Your Target Audience

  • Tailor the design to cater to various types of travelers, including families, business professionals, and adventure seekers. Ensure the space is functional and comfortable for all.

Emphasize Local and Coastal Themes

  • Incorporate coastal-inspired decor, featuring light colors and nautical elements, to resonate with Freeport's maritime heritage. Use materials like wood and stone to reflect the natural surroundings.

Enhance Outdoor Spaces

  • Since outdoor spaces are highly valued, ensure your property includes decks, patios, or gardens where guests can relax and enjoy the scenic views. Consider adding features like grilling areas, firepits, and hot tubs.

Luxury on a Budget

  • Invest in smart luxury elements such as:
  • Lighting control with lamps and dimmer switches.
  • High-quality, clean blankets and pillows.
  • Comfortable seating options like poufs and swivel chairs.
  • Blackout shades for better sleep quality.

Functional and Multi-Purpose Spaces

  • Create spaces with dual functionality, such as a dining room that can also serve as a workspace or additional seating area. An upstairs media room can double as a movie and game area.

Entryway and First Impressions

  • Ensure the entryway is welcoming with thoughtful touches that make guests feel special. This can include nice lighting, a clean and organized space, and perhaps a small welcome gift.

High-Quality Furnishings

  • Use durable, stylish furniture that reflects the local style. Modern rustic designs and farmhouse-style furnishings can add a unique charm to the space.

Fully Equipped Amenities

  • Provide fully equipped kitchens and ensure easy access to local attractions. Amenities like cozy fireplaces for cooler evenings and modern appliances can significantly enhance guest comfort.

Attention to Detail in Bedrooms

  • Offer high-quality bedding and multiple pillow options. Include bedside tables and lamps with USB ports or wireless charging features for added convenience.

Neighborhood Considerations

  • Choose neighborhoods that offer proximity to local attractions, such as the waterfront, shopping areas, and outdoor recreational activities. This can significantly enhance the appeal of your Airbnb.
Insider Tips

Discover Freeport, Maine: Local Attractions and Insider Tips

Outdoor Adventures

  • Wolfe’s Neck Woods State Park:
  • Explore over 230 acres of land with trails through woods, marshes, and the coastline. Ideal for hiking, biking, kayaking, and boating.
  • Visit the adjacent Wolfe’s Neck Farm for animal encounters and stunning coastal views.

  • Bradbury Mountain State Park:

  • Hike trails with easy to moderate difficulty levels, offering beautiful ocean and foliage views from the summit.

  • Eagle Island:

  • Take a guided tour to the summer home of Admiral Robert E. Peary. Accessible from Freeport’s shores, this island offers historical tours and scenic trails.

  • Desert of Maine:

  • A natural phenomenon featuring 20 acres of sand dunes formed from a glacial outwash. Enjoy guided tours, nature trails, and a unique gift shop.

Shopping and Dining

  • L.L. Bean Flagship Store and Campus:
  • Shop at the iconic L.L. Bean store and explore the surrounding Discovery Park. Don’t miss the outdoor ice skating rink during the holiday season.
  • Participate in L.L. Bean’s Outdoor Discovery Programs, which include activities like archery, snowshoeing, and canoeing.

  • Freeport Village Station:

  • Visit this outlet mall with free underground parking, featuring L.L. Bean and other national and local brands.

  • Local Eateries:

  • Isabella’s Sticky Buns: Start your day with giant cinnamon rolls and local coffee.
  • Harraseeket Lunch & Lobster Co.: Enjoy a lobster roll or grilled seafood at this authentic Maine lobster shack.
  • Gritty’s Pub: Relax with dinner on the deck or inside this friendly pub.

Unique Experiences

  • Wilbur’s of Maine Chocolate Factory Tour:
  • Take a tour of the chocolate factory and sample local treats like Maine Mud and hand-dipped chocolates.

  • Maine Beer Company:

  • Sample popular beers and enjoy a meal at this local brewery.

  • Seacoast Tours of Freeport LLC:

  • Book a boat trip to Eagle Island or other scenic ocean cruises.

Cultural and Historical Sites

  • Harrington House:
  • Visit this historical marker and museum on Main Street, surrounded by 14 acres of gardens.

  • Freeport Players:

  • Catch local performances at the Freeport Performing Arts Center, featuring murder mysteries, musicals, and more.

  • Pettengill Farm:

  • Explore this historical saltbox farmhouse and its surrounding trails during special events like Pettengill Farm Day.

Insider Tips

  • Freeport Conservation Trust Trails: Utilize the vast network of trails conserved by the Freeport Conservation Trust for hiking, biking, and snowshoeing adventures.

  • Local Events: Check out events like the Fourth of July fireworks, the Fall Festival, and the Sparkle Celebration for a festive experience.

  • Bow Street Market: Enjoy a selection of wine and beer at this local market.

  • Winslow Park: Have a picnic at this park with a small entry fee.

By sharing these attractions and tips, you can help your guests make the most of their visit to Freeport, Maine.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Freeport, Maine

To ensure a smooth and profitable short-term rental business in Freeport, Maine, several key practices can make a significant difference.

Noise Regulations and Quiet Hours

Inform your guests about the local noise regulations and quiet hours to avoid any potential issues. Freeport, like many other towns, has specific rules to maintain a peaceful environment, especially in residential areas. Clearly communicate these rules in your rental agreement and through a welcome message to ensure guests are aware of the expectations.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also cover local regulations, including noise restrictions, to keep guests informed and compliant.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with detailed instructions on how to access the property, along with photos of the lock and any other relevant features. Additionally, include parking instructions with photos to help guests navigate the property easily.

Compliance with Local Regulations

Ensure you comply with Freeport's short-term rental regulations, which include obtaining an annual registration number and certificate from the Town Clerk for a $100 fee. This process involves a safety inspection by the Fire Department to ensure your property meets safety standards.

By implementing these practical tips, you can enhance the guest experience, reduce potential issues, and maintain a compliant and successful short-term rental business in Freeport, Maine.

Local Vendors

Here is a brief list of house cleaning providers in Freeport, Maine:

House Cleaning Services in Freeport, Maine

Green Clean Maine

  • A trusted house cleaning service since 2007, using handmade, non-toxic cleaning supplies.
  • Offers routine cleanings and one-time deep cleanings.
  • Employes trained and trustworthy staff, with oversight by Field Supervisors.

Green Maids of Maine

  • A locally owned family business with over 16 years of experience.
  • Uses certified organic products safe for families and pets.
  • Offers daily, weekly, bi-weekly, monthly, and seasonal cleaning services.
  • Fully insured and bonded.

The Cleaning Authority - Greater Portland

  • Provides house cleaning services in Freeport and surrounding areas.
  • Uses an exclusive Detail-Clean Rotation System for thorough cleaning.
  • Offers free in-home estimates and a satisfaction guarantee.
  • Fully bonded and insured, with a commitment to environmentally responsible cleaning products.

Care.com Listings

  • Lists multiple individual cleaning services and cleaning ladies in Freeport, ME.
  • Rates start at $26.50/hr, with varying levels of experience and reviews available.
Management fees

Managing Short-Term Rentals in Freeport, Maine: Understanding Fees and Services

In Freeport, Maine, managing short-term rentals, particularly through platforms like Airbnb, involves a range of fees and service levels. Typical management fees for short-term rentals can range from 10% to 30% of the rental revenue, depending on the scope of services provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often starting at around 20% of the revenue.

Basic service packages, which may only include registration and compliance support, can be less expensive. Additionally, hosts may incur extra fees for services like cleaning, repairs, and property design. For instance, cleaning fees are usually billed to the guests, but other additional services can add to the overall cost of managing a short-term rental property. Understanding these fees and service levels is crucial for hosts to ensure compliance with local regulations and to maximize their rental income effectively.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Freeport should generate as a short term rental and look at the performance of properties around yours.

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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Freeport.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for Maine