Airbnb & VRBO Performance in Silverthone Colorado.

Silverthorne, Colorado Short-Term Rental Regulations for 2024

Licensing and Zoning

• The Town of Silverthorne has a zoned approach to short-term rental (STR) licensing, divided into three areas:
• Area 1: Allows 10% of properties to obtain STR licenses.
• Area 2: Allows 50% of properties to obtain STR licenses.
• Area 3: No STR licenses are allowed due to deed restrictions.

License Availability and Waitlists

• As of October 29, 2024, licenses are available in Area 1 and Area 2. Waitlists will be opened if these zones reach their license caps.

License Fees

• Fees vary by the number of bedrooms:
• Studio: $150/year
• 1 Bedroom: $200/year
• 2 Bedrooms: $250/year
• 3 Bedrooms: $300/year
• 4 Bedrooms: $350/year
• 5 Bedrooms: $450/year
• 6 or more Bedrooms: $500/year.

Application and Renewal

• Owners must file a short-term rental license application and renew their license annually.
• If the property is part of a duplex, written notice must be provided to the owner of the adjacent unit seven days prior to filing the application.

Responsible Agent

• Each owner must name a Responsible Agent who must resolve complaints within 60 minutes, or 30 minutes if the issue occurs between 11:00 PM and 7:00 AM.

Good Neighbor Guidelines and Health and Safety

• Owners must read and sign the Good Neighbor Guidelines and submit a sworn affidavit certifying compliance with health and safety standards.

Occupancy Limits

• Maximum occupancy is two people per bedroom plus two people. The number of bedrooms is determined by the Summit County Assessor’s Office.

Advertising Requirements

• The license number must be displayed in all advertising for the property.

Taxes

• Homeowners must collect an 8.0% lodging tax on short-term rentals.

Complaints and Enforcement

• A dedicated complaint line (970-406-4499) and Summit County Non-Emergency Dispatch (970-668-8600) are available for reporting issues.
• The Town can request vacation rental services like Airbnb and VRBO to remove listings for properties without a valid STR license.

License Transfer and Refund

• Short-term rental licenses are non-transferable and non-refundable in the event of property sale.

High-Revenue Neighborhoods for Airbnb in Silverthorne, Colorado

Neighborhoods Generating Significant Airbnb Revenue

Willowbrook

• This neighborhood is highly appealing due to its proximity to ski areas and an abundance of outdoor activities. Guests are drawn to the easy access to recreational facilities and the scenic views of the surrounding mountains.

Summit Cove

• Located close to major ski resorts, Summit Cove offers guests convenient access to winter sports and summer activities. The neighborhood's amenities and scenic views make it a popular choice for vacation renters.

Areas Near Lake Dillon

• Properties in this area are highly sought after for their spectacular views of Lake Dillon and the surrounding mountains. The proximity to the lake and various recreational activities enhances the guest experience, making these properties highly desirable.

Frisco (Adjacent to Silverthorne)

• Although technically a separate town, Frisco is just a short drive from Silverthorne and offers its own unique charm. Guests appreciate the additional amenities and attractions Frisco provides, making properties in this vicinity attractive for year-round tourism.

Why These Neighborhoods Are Appealing

• Proximity to Ski Resorts and Outdoor Activities: Neighborhoods like Willowbrook and Summit Cove are close to world-class ski resorts such as Keystone and Breckenridge, making them ideal for skiing and snowboarding enthusiasts in the winter and hikers and mountain bikers in the summer.
• Scenic Views and Recreational Access: Areas near Lake Dillon offer stunning mountain and lake views, along with easy access to water sports, hiking, and other outdoor activities. This combination enhances the overall guest experience.
• Amenities and Local Culture: These neighborhoods often feature properties with amenities like outdoor spaces, hot tubs, and large living areas for group gatherings. Additionally, the local culture, including festivals and events like the Silverthorne Carnival and Lake Dillon Arts Festival, adds to the appeal.
• Mountain Modern Aesthetic: Properties in these neighborhoods that incorporate a mountain modern aesthetic, with natural materials, cozy textiles, and sustainable design elements, resonate well with guests and contribute to higher occupancy rates and positive reviews.

Creating an Inviting Airbnb in Silverthorne, Colorado: Design and Furnishing Tips

Tip #1: Embrace Mountain-Modern Aesthetics

• Incorporate natural materials such as wood floors, stone accents, and earthy color palettes to reflect the mountainous surroundings of Silverthorne.
• Use mountain-modern furniture that blends rustic elements with modern touches, such as sleek appliances paired with rustic furniture.

Tip #2: Implement a Cohesive Style

• Identify a cohesive sense of style that flows throughout the home, ensuring each room has a unique feel while maintaining a common theme.
• Select a color palette of 3-4 complementary colors that align with the mountain-modern style, such as earthy tones and neutral colors.

Tip #3: Add Cozy Textures and Fabrics

• Incorporate soft, textured fabrics through pillows, throw blankets, and cozy rugs to create a warm and inviting atmosphere.
• Use wool rugs for their softness, durability, and ease of cleaning.

Tip #4: Create Wow Factor Moments

• Add unique design elements such as accent walls using wallpaper, wood, or paint, and large-scale or 3D art to create a memorable first impression.
• Consider adding stylish yet functional pieces like record players, Marshall speakers, or essential oil diffusers.

Tip #5: Enhance with Local and Natural Elements

• Incorporate local artwork and decor to provide a sense of place and connection to the surrounding environment.
• Use plants or low-maintenance live plants to bring life and freshness to the space.

Tip #6: Optimize Layout for Functionality and Comfort

• Ensure furniture is both inspiring and functional. Choose comfortable sofas and add accent chairs or poufs for additional seating.
• In bedrooms, consider adding an accent chair, bench, or stools at the foot of the bed for extra comfort.

Tip #7: Provide Essential Amenities

• Include amenities that are highly sought after in Silverthorne, such as hot tubs, ski-in/ski-out access, and outdoor spaces like balconies or patios with scenic views.
• Ensure modern amenities like high-quality bedding, upscale kitchenware, and smart technology are available to enhance the guest experience.

Tip #8: Add Storage and Organization

• Use stylish hooks, luggage racks, and storage benches to maintain organization and provide guests with convenient places to store their belongings.
• Utilize bins and baskets under benches or in bookcases to create unexpected hideaways for storage.

Discover Silverthorne, Colorado: Local Attractions and Insider Tips

Outdoor Adventures

Hiking and Biking

• Blue River Trail: A popular paved path connecting Silverthorne to Dillon, Keystone, Frisco, and Breckenridge, ideal for hikers and bikers.
• Ptarmigan Trail: A 4.6-mile moderate hike with a 1,141-foot elevation gain, offering scenic views.
• Eagles Nest Wilderness Area: Part of the White River National Forest, perfect for hiking, biking, horseback riding, snowshoeing, and cross-country skiing.

Water Activities

• Blue River: Excellent for fly fishing, rafting, and stand-up paddleboarding. Guided rafting trips are available for all skill levels.
• Dillon Reservoir: Nearby in Dillon, offering pontoon boat rentals, paddleboards, and sailboats in summer, and guided ice-fishing in winter.

Winter Sports

• Skiing and Snowboarding: Silverthorne is close to renowned ski resorts like Breckenridge, Keystone, Vail, Loveland, and Arapahoe Basin.
• Cross Country Skiing: The Silverthorne Nordic Center at the Raven Golf Club and the Mesa-Cortina Trail to South Willow Creek Falls are top spots.
• Snowshoeing: Explore quiet mountain trails inaccessible by snowmobiles or cross-country skiers.

Parks and Recreation

North Pond Park

• A year-round attraction with walking trails, ice skating (seasonal), osprey nests, and mountain wetlands.

Rainbow Park

• A 7-acre park featuring tennis courts, basketball courts, sand volleyball courts, a skate park, and picnic shelters.

Silverthorne Recreation Center

• A year-round facility with gyms, pools, an indoor track, racquetball courts, and fitness equipment.

Shopping and Culture

Outlets at Silverthorne

• A shopping complex with over 70 name-brand stores offering deep discounts.

Silverthorne Performing Arts Center

• Hosts live performances, including theater shows and outdoor musicals. Check out the First Friday events and the Rocky Mountain Tour de Art.

Local Dining and Breweries

• Angry James Brewery: A local favorite brewery with a lively atmosphere and delicious food options from Cultivate Kitchen.
• Historic Mint Steakhouse: Known for its excellent dining experience.

Insider Tips

Seasonal Activities

• Summer: Enjoy hiking, biking, rafting, and festivals like the Silverthorne Fine Arts Festival.
• Winter: Take advantage of skiing, snowboarding, cross-country skiing, snowshoeing, and dog sledding.
• Spring and Fall: These seasons offer fewer crowds and beautiful scenery, ideal for hiking and enjoying fall foliage.

Local Events

• Silverthorne Fine Arts Festival: A weekend event with free admission, featuring various art types, food, and live music.
• Breckenridge Oktoberfest: A festive event in the fall near Silverthorne.

Kid-Friendly Activities

• Check out the kid-friendly map of Silverthorne for family-friendly attractions and trails.

By providing these tips and attractions, you can ensure your Airbnb guests have a comprehensive and enjoyable experience in Silverthorne, Colorado.

Practical Tips to Run a Successful Short-Term Rental Business in Silverthorne, Colorado

To ensure a smooth and profitable short-term rental business in Silverthorne, Colorado, several key practices can be implemented:

Noise Regulations and Guest Communication

Inform your guests about the quiet hours and noise regulations enforced by the Town of Silverthorne. This can be done through clear communication in your rental agreement and a welcome message. Directing guests to the Town's Short-Term Rental Complaint Line (970-406-4499) and Summit County Non-Emergency Dispatch (970-668-8600) can help resolve issues promptly, especially given the strict requirements for Responsible Agents to address complaints within 60 minutes.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, Wi-Fi passwords, and other important details. This manual should cover health and safety standards, as outlined in the Silverthorne Short-Term Rental ordinance, to ensure compliance and guest safety.

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 use the smart locks and include parking instructions accompanied by photos to avoid any confusion. This approach enhances guest convenience and reduces the likelihood of issues during their stay.

Additional Tips

• Ensure your property complies with occupancy limits (two people per bedroom plus two) and display the short-term rental license number in all advertising.
• Collect and remit the required 8.0% lodging tax, and adhere to the annual license renewal process, as licenses expire on November 30.

By following these practical tips, you can maintain a well-organized, compliant, and guest-friendly short-term rental business in Silverthorne, contributing to a positive experience for both you and your guests.

Here is a brief list of house cleaning, repair, and maintenance providers in Silverthorne, Colorado:

Team Clean

• Provides residential and commercial cleaning services, including house cleaning, janitorial services, and snow removal.
• Uses professional-grade disinfectants and equipment, adhering to OSHA and CDC guidelines.
• Offers services on weekly, bi-weekly, monthly, and custom schedules.

Exclusive Cleaning and Restoration

• Offers professional cleaning and restoration services, including carpet cleaning, wood floor restoration, stone and tile cleaning, and water damage restoration.
• IICRC certified technicians and a commitment to using advanced and safe cleaning solutions.
• Provides 24-hour emergency flood restoration services and other specialized cleaning services.

Summit Executive Cleaning

• Specializes in cleaning and maintenance services for vacation rentals and commercial properties.
• Provides real-time staff updates, complete linen and supply provision, and guaranteed quality service.
• Fully licensed and insured, with a network of certified professionals for additional property needs.

Cleaning Management

• Focuses on cleaning owner-managed vacation rental properties in Summit County.
• Offers a full line of vacation rental cleaning services with a fully trained staff.
• Professionally licensed and insured, with a commitment to affordability and reliability.

A&A Summit Cleaning Services

• Provides home cleaning services, including one-time and weekly schedules, as well as commercial cleaning services.
• Specializes in moving in/out cleaning and ensures thorough and professional cleaning services.

Silverthorne, Colorado: Short-Term Rental Management Fees and Services

In Silverthorne, Colorado, the management fees for short-term rentals can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service property management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often around 25-30% of the rental income. This level of service ensures that all aspects of the rental property are managed, from creating and promoting listings to handling guest inquiries and maintaining the property's condition.

For those opting for more basic services, such as only property care without marketing and booking management, the fees can be lower, around 10-15%. Additionally, property owners may incur extra fees for services like cleaning, repairs, and design, which can be billed separately or included in the overall management fee structure.