Airbnb & VRBO Performance in Long Lake New York.

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Long Lake, New York: Airbnb & VRBO Vacation Rental Market Overview

Despite some regional variations, the short-term rental market in Long Lake, New York, is expected to maintain stable occupancy rates and see modest growth in average daily rates, supported by ongoing demand and economic recovery.

Market overview

Thriving Short-Term Rentals in Long Lake, New York

Long Lake, New York, is experiencing a robust short-term rental market, driven by strong demand and strategic management. Despite broader industry trends, such as high supply and stretched consumer budgets, Long Lake's unique appeal as a vacation destination is maintaining healthy occupancy rates. While specific local data is not available, the national outlook suggests that short-term rentals are expected to see occupancy stabilize around 54.7%, similar to 2023 levels.

Average Daily Rates (ADRs) are anticipated to see a modest increase of 2.1%, reflecting the area's enduring popularity among travelers. With a variety of fully furnished rentals, including houses and cabins, Long Lake continues to attract visitors looking for comfortable and scenic stays. The area's natural beauty and the availability of well-managed vacation rentals make it an attractive choice for those seeking a relaxing getaway.

Short Term Regulations

Short-Term Rental Regulations in Long Lake, New York for 2024

While the specific regulations provided are for Long Lake Township in Michigan and not Long Lake, New York, the regulations for Lake Placid and the town of North Elba, which are nearby and may serve as a guide, are outlined below. However, for accuracy, here are the general regulations that might apply in similar areas of New York, particularly focusing on Lake Placid which is in the same region:

General Requirements

  • Permit Requirement: All short-term rental operators must obtain a permit under the joint STR regulations of the Village of Lake Placid and the Town of North Elba.
  • Definition of Short-Term Rental: A dwelling unit rented in whole or in part for less than 30 consecutive nights.

Types of Permits

  • Unhosted STR Permit: For rentals where the owner is not required to be present. These permits are capped and no longer issued in residential districts, with some exceptions.
  • Hosted STR Permit: For rentals where the owner lives on-site for at least 184 days per year and stays overnight whenever the property is rented. Hosted permits are capped at 48 in the town.
  • Lodging STR Permit: For rentals in the village center, gateway corridor district, and certain other designated areas. There is no cap on these permits.
  • Main Street STR Permit: For rentals along Main Street from Brewster Park to the North Elba Town Hall. Properties with three or more units must provide one long-term rental for every two STRs.

Application Requirements

  • Proof of Ownership: Documentation proving lawful ownership of the property.
  • Signed Affidavit: An affidavit certifying compliance with safety requirements, including smoke detectors, fire extinguishers, and other safety standards.
  • Site Plan: A drawn-to-scale site plan of the property.
  • Septic Inspection Report: If applicable, a septic inspection report.
  • Local Contact Person: A local contact person who can respond to issues within 30-60 minutes.

Operational Restrictions

  • Occupancy Limits: Maximum occupancy based on the number of bedrooms and other safety standards.
  • Quiet Hours and Conduct Rules: Observation of quiet hours (10 pm – 7 am), proper disposal of trash, containment of campfires, and parking only in designated areas.
  • Parking and Onsite Requirements: Onsite parking limited to the number of legal bedrooms in the rental.

Tax and Fee Requirements

  • Permit Fees: Annual permit fees, which can vary depending on the type of permit and whether the property is owner-occupied or not.
  • Occupancy Tax: A local occupancy tax, which in Lake Placid is 5%.

Enforcement and Penalties

  • Compliance Monitoring: Regular monitoring and enforcement efforts, with fines ranging from $350 to $3,000 for violations.
  • Complaint Procedure: A system for filing complaints, with the property manager being immediately contacted to resolve the situation.
Neighborhood Performance
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Design Tips

Creating an Inviting Airbnb in Long Lake, New York: Design and Furnishing Tips

Understanding the Local Style and Preferences

  • Reflect the Natural Surroundings: Incorporate natural materials such as wood and stone to align with the rustic charm of the Adirondacks.

Essential Amenities and Features

  • Direct Lake Access and Outdoor Spaces: Properties with direct lake access, outdoor spaces for relaxing and barbecuing, and scenic views of the surrounding mountains are highly sought after.
  • Cozy Fireplaces and Hot Tubs: Include cozy fireplaces for winter stays and hot tubs for year-round relaxation.

Interior Design and Furnishing

  • Blend Contemporary and Rustic Designs: Opt for a mix of comfortable contemporary and rustic designs to create a warm and inviting atmosphere.
  • High-Quality Furnishings: Invest in durable and stylish furniture to enhance guest comfort and the overall aesthetic of the space.
  • Natural and Outdoor-Themed Decor: Use decor that reflects the area’s natural beauty, such as plaid fabrics, vintage artwork, and nature-inspired accents.

Living Room Enhancements

  • Lighting Control: Install lamps and dimmer switches to provide flexible lighting options.
  • Comfortable Seating and Layout: Ensure the room layout promotes conversation and comfort. Include poufs, occasional tables, and swivel chairs for versatility.
  • Soft Blankets and Pillows: Provide nice, soft blankets and pillows with down or down-like inserts to enhance comfort.

Bedroom Luxuries

  • Layered Bedding: Offer extra bedding layers stored in the closet for guest convenience and to minimize turnover work.
  • Multiple Pillow Options: Provide two sleeping pillows per guest with different fill options (e.g., foam-filled, down alternative).
  • Bedside Tables and Lamps: Include bedside tables with lamps, ideally with USB ports or wireless charging features.
  • Blackout Shades: Install blackout shades to cater to different sleep preferences.

Bathroom Luxuries

  • Attention to Detail: Add luxury touches such as high-quality towels, luxurious robes, and thoughtful amenities to make guests feel pampered.

Additional Tips

  • Proximity to Outdoor Activities: Choose properties close to hiking trails, ski resorts, or other recreational landmarks to attract consistent visitor interest.
  • Modern Kitchens and Leisure Facilities: Ensure the property has a well-equipped kitchen and leisure facilities such as saunas or outdoor recreational gear (e.g., kayaks, bicycles).

By following these tips, you can create an inviting and luxurious Airbnb in Long Lake, New York, that reflects the unique charm of the Adirondack region.

Insider Tips

Discover Long Lake, New York: Local Attractions and Insider Tips

Local Attractions

Outdoor Activities

  • Long Lake Town Beach: Enjoy swimming, kayaking, and motorboat rentals with stunning views of the Seward Mountain Range. Don't miss the swim dock with a mini-trampoline, slide, and rope swings.
  • Mt. Sabattis Recreation Area: Hike, bike, or play sports like basketball, tennis, or pickleball. This area is walkable from downtown and offers scenic trails and a picturesque pavilion.
  • Lake Eaton: Rent canoes, rowboats, or kayaks and explore the lake. The area also features a blacktopped roadway for biking and walking.
  • John Dillon Park: A fully accessible wilderness facility with trails, lean-tos, and services for all types of disabilities. Great for families and nature enthusiasts.

Scenic Experiences

  • Long Lake Boat Tours: Take a guided tour to explore the lake and its surroundings, including a visit to Turtle Beach.
  • Scenic Seaplane Ride: Fly over the Adirondack High Peaks for a unique and breathtaking view.

Cultural and Educational Sites

  • The Wild Center and Adirondack Public Observatory: Explore interactive exhibits, treetop trails, and wild walking paths. Don't miss the guided Naturalist walks or canoe trips.
  • Adirondack Experience Museum: Located in nearby Blue Mountain Lake, this museum offers a deep dive into Adirondack history, art, and culture. Attend events like the Adirondack Artisan Festival.

Community Events

  • Long Lake Farmers Market: Every Thursday at Mt. Sabattis, featuring local goods from carved wooden items to fresh produce and sweets.
  • Live Music and Concerts: Enjoy concerts at the town beach every Friday in July, or at St. Williams on Long Point in Raquette Lake on Thursday nights.

Insider Tips

Local Favorites

  • Hoss's Country Corner: An Adirondack landmark for over 50 years, perfect for souvenirs, gear, and local advice.
  • Northern Borne: Known for its bread aisle with one of the best views anywhere. A must-visit for bread and a scenic view.

Hidden Gems

  • Death Brook Falls and Bog River Falls: Explore these natural waterfalls, though be aware that water levels may vary by season.
  • Chax Knives Shop: Visit for hand-crafted knives on North Point Road.

Dining and Drinks

  • The Adirondack Hotel: Enjoy meals with a view, and don't miss the nearby Long Lake Diner for hometown cooking.
  • Tony Harper’s Pizza & Clam Shack: A local favorite in Raquette Lake for delicious pizza and seafood.

Unique Experiences

  • Rent an SUP from Raquette River Outfitters: Learn from Stacy, a great teacher, and explore the lake on a stand-up paddleboard.
  • Visit the Historic Buttercup: Behind the Town Offices, read the story and take a selfie.

Seasonal Activities

  • Winter Sports: Enjoy snowmobiling, snowshoeing, and cross-country skiing in the winter months.
  • Whitewater Rafting: A short drive to Indian Lake offers exciting rafting adventures on the Hudson River and Gorge.

By sharing these attractions and insider tips, you can help your guests make the most of their visit to Long Lake, New York, and ensure they have a memorable and enjoyable stay.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Long Lake, New York

To ensure a successful and hassle-free short-term rental business in Long Lake, New York, several practical tips can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about the local noise regulations and quiet hours to maintain a peaceful environment and avoid any potential fines or complaints. Include this information in both your digital and physical house manual to ensure clarity.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should be easily accessible and updated regularly to reflect any changes or new amenities.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to use the smart locks and ensure they have all necessary access codes before their arrival.

Parking Instructions with Photos

Include detailed parking instructions in your house manual, accompanied by photos to help guests navigate the property easily. This can prevent confusion and ensure that guests park in the correct areas, respecting any local regulations or property rules.

By implementing these strategies, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Long Lake, New York.

Local Vendors

Here is a brief list of house cleaning, repair, or maintenance providers in Long Lake, New York:

House Cleaning Services

  • Adirondack Cleaning & Caretaking: Offers residential, commercial, and rental cleaning services.
  • Reliable House Cleaners: Provides house cleaning services in Long Lake.
  • Adirondack Concierge: Offers various services including house cleaning.
  • Mountain Success: Provides house cleaning services.
  • All Star Cleaners: Offers house cleaning services.
  • K & L Services: Provides house cleaning services.
  • Squeaky Clean: A professional cleaning service with the latest cleaning techniques.

Other Services

  • Adirondack Concierge: May offer additional services beyond cleaning, though specifics are not detailed in the sources provided.

For more detailed reviews and ratings, you can refer to the sources listed.

Management fees

Short-Term Rental Management Fees in Long Lake, New York: A Comprehensive Guide

In Long Lake, New York, managing a short-term rental property can come with a range of fees, typically varying between 10% to 30% of the rental revenue, depending on the level of service chosen. Full-service management companies, such as GoSummer and MasterHost, offer comprehensive services including guest communication, marketing, pricing optimization, and maintenance, which generally fall on the higher end of this fee spectrum, often around 20% to 25% of the rental income.

For more basic services, fees can be lower, such as MasterHost's 10% per booking for their basic package. Additionally, hosts may incur extra fees for cleaning, repairs, and design services. These fees are usually separate from the management fees and can include charges like a consumables fee or specific maintenance costs. Understanding these fee structures is crucial for hosts to manage their expenses effectively and maximize their rental income.

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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 Long Lake should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
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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 Long Lake.

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 New York