In Mountain View, Hawaii, the short-term rental market is experiencing a surge in demand, with average nightly rates for a 2-bedroom vacation rental projected to exceed $122, and dynamic pricing strategies helping to maximize revenue despite broader industry trends.
Thriving Short-Term Rental Market in Mountain View, Hawaii
The short-term rental market in Mountain View, Hawaii, is experiencing a surge in popularity and financial viability. While specific occupancy rates for Mountain View are not readily available in the latest reports, the broader trends in Hawaii indicate a stable and growing market. For instance, statewide vacation rental occupancy in May and June 2024 averaged around 50-51%, although this is lower than pre-pandemic levels.
In terms of average daily rates, the region is seeing significant growth. Statewide, the average daily rate (ADR) for vacation rentals in May 2024 was $306, and in June 2024, it was $320, representing substantial increases compared to 2019. For Mountain View specifically, projections suggest that a 2-bedroom vacation rental can generate over $122 per night on average, highlighting the lucrative potential for property owners in this area.
Overall, the combination of rising average daily rates and the growing demand for short-term rentals makes Mountain View an attractive location for both investors and travelers.
Short-Term Rental Regulations in Maui, Hawaii (including areas like Mountain View) for 2024
While the specific term "Mountain View" is not mentioned in the sources, it is part of Maui County. Here are the relevant regulations for short-term rentals in Maui, which would apply to areas like Mountain View:
Licensing and Permits
- County Permits: No new permits for short-term rentals are being issued due to a moratorium established by Ordinance No. 5316, except for bed-and-breakfast permits. Existing permits can be renewed.
- Zoning Compliance: Properties must be located in permitted zones. Short-term rentals are generally not allowed in most residential areas.
Zoning Districts
- Permitted Areas: Short-term rentals are allowed in specific zoning districts such as resort and resort node areas, and certain commercial districts.
Tax Registration
- Transient Accommodations Tax (TAT) License: Required for all short-term rental properties. The fee is $5 for 1-5 units and $15 for 6+ units.
- General Excise Tax (GET) License: Also required, with a fee of $15.
Insurance
- Liability Insurance: Properties must have short-term rental insurance providing at least $1,000,000 in general liability coverage.
Local Regulations
- Phase-Out of Existing Rentals: A proposed bill could phase out over 7,100 short-term rentals in apartment-zoned districts by January 1, 2026, requiring them to convert to long-term rentals.
New State Law
- County Regulatory Power: Senate Bill 2919 gives counties the power to regulate short-term rentals through zoning, including the ability to ban them if necessary, to address the affordable housing crisis.
Additional Requirements
- Registration and Documentation: Properties must be registered with the county, and owners must provide various documents, including site plans, floor plans, and verification of tax payments and licenses.
Top Neighborhoods for Airbnb Revenue in Mountain View, Hawaii
Why These Neighborhoods Are Appealing
Mountain View, Hawaii, has emerged as a lucrative destination for Airbnb investors, primarily due to its proximity to Hawaii Volcanoes National Park and the unique natural attractions it offers. Here are the top neighborhoods generating significant Airbnb revenue and their appeal to guests:
1. Areas Near Hawaii Volcanoes National Park
- These neighborhoods are highly sought after due to their proximity to hiking trails and volcanic sites. Guests can easily access Mauna Loa and Kilauea volcanoes, making these areas ideal for nature enthusiasts and adventure seekers.
2. Neighborhoods with Lush Tropical Landscapes
- Areas featuring lush tropical landscapes and a quiet atmosphere are popular among guests looking for relaxation. These neighborhoods offer a serene environment while being close to amenities and local businesses.
3. Unique Architectural and Eco-Friendly Areas
- Neighborhoods showcasing unique architectural styles or eco-friendly features attract a niche market interested in sustainability. Properties such as eco-retreats and stylish tree houses are particularly appealing.
4. Areas with Easy Access to Local Attractions and Events
- Neighborhoods that provide easy access to cultural events, local markets, and artisan galleries are favored by guests. These areas enhance the overall experience with opportunities to explore Hawaiian heritage through hula performances, luaus, and local crafts.
Key Features and Amenities
- Outdoor Spaces and Hot Tubs: Guests often prioritize properties with outdoor spaces for relaxing and access to hot tubs for unwinding after a day of exploration.
- Modern Amenities: Kitchens equipped with modern appliances, free Wi-Fi, and eco-friendly practices are highly valued by guests.
- Unique Decor and Furnishings: Properties with elegant, durable furniture and decor that reflect local Hawaiian culture combined with modern design are more likely to attract guests and generate positive reviews.
By investing in these neighborhoods and ensuring the properties are equipped with the desired amenities, investors can maximize their Airbnb revenue in Mountain View, Hawaii.
Creating an Inviting Airbnb in Mountain View, Hawaii: Design and Furnishing Tips
Design and Furnishing
Incorporate Local Culture and Aesthetics
- Use traditional Hawaiian elements such as natural materials (bamboo, rattan, reclaimed wood), bright colors, and island-inspired prints to create a warm and inviting ambiance.
- Incorporate botanical accents and earthy colors to reflect the surrounding rainforest environment.
Blend Luxury and Nature
- Design an inviting retreat that combines luxury with the natural beauty of the area. Use open-air spaces, tropical-inspired decor, and high-quality furnishings to enhance the guest experience.
Focus on Comfort and Functionality
- Ensure bedrooms are equipped with comfortable bedding, including mattresses, mattress protectors, and high-quality linens. Rotate mattresses regularly to maintain comfort.
- Living rooms should have versatile seating options, durable and easy-to-clean flooring, and light, neutral paint colors to create a spacious feel.
Highlight Unique Features
- Emphasize the proximity to Hawaii Volcanoes National Park and other local attractions in your design and listing. This can include decor that reflects the volcanic landscapes and outdoor activities available.
Eco-Friendly Elements
- Incorporate sustainable and eco-friendly elements, such as energy-saving practices and environmentally friendly materials, to align with Naalehu's and Mountain View's eco-conscious reputation.
Outdoor Spaces
Create Inviting Outdoor Areas
- Provide outdoor spaces like private gardens, lanais, or hot tubs surrounded by native plants and well-placed outdoor lighting to enhance the guest experience.
Outdoor Dining and Relaxation
- Include an outdoor dining area, possibly with an outdoor kitchen, to allow guests to enjoy meals amidst nature's beauty. Consider adding a fire pit for a cozy gathering spot.
Regular Landscaping
- Maintain the property's exterior with regular landscaping services, focusing on native plants and strategic outdoor lighting to keep the property tidy and appealing.
Amenities and Details
Modern Amenities
- Equip kitchens with modern appliances to facilitate home-cooked meals. Ensure free Wi-Fi and other essential amenities are available to enhance guest comfort.
Personalized Touches
- Add personalized touches such as gift baskets, local recommendations, and information on sustainable practices to make the stay more memorable and engaging.
High-Quality Photos and Listings
- Use high-quality, staged photos and create an artful, detailed listing description to showcase the property's unique features and attractions.
Neighborhood and Location
Strategic Location
- Invest in neighborhoods that offer easy access to major attractions like Hawaii Volcanoes National Park and other natural wonders. Highlight the proximity to these attractions in your listing.
Unique Architectural Styles
- Consider properties with unique architectural styles or eco-friendly features, as these can attract a niche market interested in sustainability and local culture.
Discovering Mountain View, Hawaii: Local Attractions and Insider Tips
Local Attractions
Hilo Coffee Mill
- A must-visit for coffee enthusiasts, offering tours of the coffee farm and a sampling of their fine coffee. Guests can also purchase souvenirs from the on-site store.
Dimple Cheek Cafe & Local Market
- A local favorite for breakfast, lunch, and dinner, with a comfortable atmosphere and a patio to enjoy the sunshine. Popular dishes include the Dimple Creek Burger, Ono fish tacos, and tamales.
Mountain View Theater
- A historic landmark and one of the last remaining rural theaters in the area. Known for its Wild West-like façade and rumored to be haunted, it's a unique piece of the town's history.
Hawaii Volcanoes National Park
- Located nearby, this national park offers numerous hiking trails, including the Devastation Trail and the Kīlauea Iki Crater. The Kīlauea Visitor Center is a great resource for learning about the park's geology.
Fern Forest
- A stunning tropical rainforest perfect for hiking and exploring. Guests can also visit the 500-year-old lava tube, which is lit for visitors from 8am-8pm.
ATV Tours and Biking Trails
- Experience the lush, scenic landscape of Mountain View through ATV tours or by exploring the various biking and hiking trails in the area.
Insider Tips
Getting There
- From Hilo International Airport, take the Hawaii Belt Road (Highway 11) south for over 14 miles, then turn right onto North Lauko Road. Shuttle services from the airport are a cost-effective option.
Climate
- Mountain View experiences warm temperatures year-round but has a rainy season from November to May. Be prepared with appropriate clothing and gear.
Local Culture
- The town has a rich history in sugar cane production and is now known for its coffee industry. Encourage guests to explore the local coffee mills and historical sites like the Mountain View Theater.
Dining
- Recommend Dimple Cheek Cafe & Local Market for a taste of local cuisine. The cafe offers a variety of dishes and a comfortable dining experience.
Outdoor Activities
- Suggest exploring the nearby Hawaii Volcanoes National Park for hiking and learning about the area's unique geology. The Fern Forest is another must-visit for its breathtaking scenery.
Shopping
- Point guests towards the Hilo Coffee Mill’s store for unique coffee-related souvenirs and other local products.
By providing these attractions and tips, your Airbnb guests will be well-equipped to enjoy the full experience of Mountain View, Hawaii.
Practical Tips to Run a Successful Short-Term Rental Business in Mountain View, Hawaii
To ensure a smooth and profitable short-term rental business in Mountain View, Hawaii, several practical tips can make a significant difference. Here are some key considerations:
Noise Regulations and Quiet Hours
Inform your guests about the local noise regulations and quiet hours to maintain a harmonious relationship with the community. Clearly communicate these rules in your house manual and through pre-arrival messages to avoid any potential issues.
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 outline the property's rules and regulations, including noise restrictions.
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.
Parking Instructions
Include clear parking instructions with photos in your house manual to help guests navigate the property's parking area. This can prevent confusion and ensure that guests park in the designated areas, respecting both the property and the neighbors.
By implementing these strategies, you can enhance the guest experience, reduce potential conflicts, and maintain a well-organized and profitable short-term rental business in Mountain View, Hawaii.
Here is a brief list of house cleaning services in Mountain View, Hawaii:
House Cleaning Services
- Homeaglow: Offers top-rated, professional, and affordable house cleaning services, including same-day cleaning options, starting at $19 for a 3-hour clean.
- Care.com: Provides a list of affordable house cleaning services, with rates starting at $21.67/hr, and includes options based on rates, reviews, experience, and more.
- Eleg Maid Service: Specializes in top-notch maid services, ensuring homes are spotless and refreshed.
- Bark: Matches clients with professional housekeepers in Mountain View, allowing users to view past reviews and get free house cleaning quotes.
Short-Term Rental Management Fees in Mountain View, Hawaii: A Breakdown of Costs and Services
In Mountain View, Hawaii, managing a short-term rental property can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and property maintenance, tends to be on the higher end of this spectrum, often around 20-30% of the rental income.
Basic services, which may only cover essential tasks like listing management and booking coordination, can be less expensive, starting at around 10%. Additionally, hosts may need to consider extra fees for services like cleaning, repairs, and interior design improvements, which can further impact the overall cost of managing their short-term rental property. Understanding these fees is crucial for hosts to make informed decisions and maximize their rental revenue.