Airbnb & VRBO Performance in Silverthorne Colorado.

Short-Term Rental Regulations in Silverthorne, Colorado for 2024

Licensing Requirements

• A valid short-term rental license is required for each short-term rental property. Licenses are non-transferable and non-refundable in the event of property sale.
• Licenses must be renewed on an annual basis.

Zoning and License Caps

• The town is divided into three zones:
• Area 1: Allows 10% of properties to obtain a short-term rental license. As of October 2024, 191 licenses have been issued out of a maximum of 215.
• Area 2: Allows 50% of properties to obtain a short-term rental license. As of October 2024, 216 licenses have been issued out of a maximum of 526.
• Area 3: No short-term rental licenses are allowed due to deed restrictions.

Application and Documentation

• Owners must file a short-term rental license application and provide written notice to the owner of an adjacent unit if the property is part of a duplex.
• A sworn affidavit must be submitted certifying that the property complies with health and safety standards.

Responsible Agent

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

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 and Taxes

• The license number must be displayed in all advertising for the property.
• Homeowners must collect an 8.0% lodging tax.

Fees

• License fees vary by the number of bedrooms:
• Studio: $150
• One Bedroom: $200
• Two Bedrooms: $250
• Three Bedrooms: $300
• Four Bedrooms: $350
• Five Bedrooms: $450
• Six or more Bedrooms: $500.

Compliance and Enforcement

• The town can request vacation rental services like Airbnb and VRBO to remove listings for properties without a valid short-term rental license.
• Compliance with Good Neighbor Guidelines is mandatory.

Complaints

• A dedicated complaint line is available for reporting issues related to short-term rentals: 970-406-4499.

Top Airbnb Revenue-Generating Neighborhoods in Silverthorne, Colorado

1. Wildernest

• Appeal: Wildernest is highly appealing due to its proximity to major ski resorts such as Keystone, Breckenridge, and Copper Mountain. Guests love the beautifully remodeled studio condos and the easy access to hiking and biking trails. The area is also known for its quiet and romantic ambiance, making it a favorite for couples.

2. Treehouse Complex

• Appeal: Located in the heart of Silverthorne, the Treehouse complex offers panoramic views of the Rocky Mountains and Lake Dillon. Guests appreciate the easy drive to various ski mountains and the direct access to miles of beautiful mountain trails. The area is also close to amenities like restaurants, grocery stores, and shopping centers.

3. Silverthorne Town Center

• Appeal: While not specifically mentioned as a distinct neighborhood, properties in the vicinity of Silverthorne's town center are highly sought after. Guests enjoy the convenience of being close to local eateries, shops, and other amenities. The central location also provides easy access to various outdoor activities and nearby ski resorts.

4. Riverfront Areas

• Appeal: Riverfront condos and homes in Silverthorne are popular for their scenic views and access to hot tubs and other luxury amenities. Guests find these properties appealing due to their tranquil setting and the opportunity to enjoy river views while being close to the town's amenities.

Reasons for Appeal

• Proximity to Ski Resorts: Silverthorne's strategic location near several major ski resorts makes it an attractive destination for winter sports enthusiasts.
• Natural Beauty: The area's stunning mountain views, access to hiking and biking trails, and scenic riverfront properties enhance its appeal.
• Amenities and Services: Easy access to local dining, shopping, and other amenities adds to the convenience and comfort of staying in these neighborhoods.
• Variety of Accommodations: From cozy condos to luxury homes, Silverthorne offers a range of accommodations that cater to different preferences and group sizes.

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

1. Embrace the Rustic Mountain Aesthetic

• Opt for natural wood finishes, stone accents, and earthy color palettes that complement the mountainous surroundings of Silverthorne.

2. Combine Traditional and Modern Elements

• Blend rustic furniture with modern touches such as sleek appliances to create a unique and appealing blend of styles.

3. Provide Ample Storage

• Ensure there is sufficient storage space, including closets, drawers, and clothes rails, to allow guests to unpack and feel at home. Use stylish storage solutions that also serve as design features.

4. Utilize Smart Storage and Space-Saving Furniture

• Incorporate furniture with hidden storage compartments, such as beds with drawers, sofa beds, and folding tables, to maximize space and functionality.

5. Enhance with Local Touches

• Incorporate elements that reflect the local culture or history, such as artwork, decorative items, or a guidebook with local recommendations, to give guests a sense of place.

6. Focus on Comfort and Durability

• Choose high-quality, durable furniture that is easy to clean and maintain. Opt for memory foam mattresses, washable sofa covers, and sturdy dining tables and chairs.

7. Create a Welcoming Atmosphere with Lighting

• Use lighting to create an inviting atmosphere. Employ a mix of bright and mellow lighting, and consider energy-efficient options like LED bulbs. Add warm lighting elements such as cozy fireplaces or rustic wood burning stoves.

8. Ensure Functional Spaces

• Define each area of the property with a clear purpose, such as a well-defined reading nook, dining area, or relaxation spot. This enhances the guest’s experience and makes the space feel more organized.

9. Provide Essential Amenities

• Stock up on essentials like toiletries, basic cooking ingredients, a first aid kit, and high-quality bedding and towels. These small touches can significantly improve guest satisfaction.

10. Incorporate Modern Conveniences

• Consider adding smart home features like keyless entry, smart thermostats, or streaming devices for entertainment. These modern conveniences can be a selling point for tech-savvy travelers.

11. Maintain a Neutral Color Palette

• Use a neutral color palette for walls and large furniture pieces to create a relaxed and uncluttered environment. This allows guests to feel at ease without being overwhelmed by bold colors.

12. Add Local and Personal Touches

• Use posters and decorations that reflect the local place or remind guests of home. Avoid arbitrary or cheap tourist decorations and opt for items that add a personal touch to the space.

13. Ensure Guest Accessibility and Comfort

• Consider making your Airbnb accessible to guests with disabilities by including features like ramps, wide doorways, and grab bars in bathrooms. Also, provide amenities like hot tubs, outdoor spaces, and cozy fireplaces to enhance comfort.

14. Pay Attention to Details

• Leave scented candles, quality shampoo and soap, and other small luxuries to indulge your guests. Ensure the property is well-maintained and free of personal clutter to make guests feel welcome.

Discover Silverthorne, Colorado: Local Attractions and Insider Tips

Outdoor Activities

Hiking and Biking

• Blue River Trail: A popular paved path connecting Silverthorne to Dillon, Keystone, Frisco, and Breckenridge, ideal for both hikers and bikers.
• Ptarmigan Trail: A scenic trail offering stunning views and a chance to see osprey nests.
• Eagles Nest Wilderness Area: Part of the White River National Forest, perfect for hiking, biking, horseback riding, snowshoeing, and cross-country skiing.
• B&B to Reiling Dredge to Minnie Mine Trail: A 3-mile loop with great views and historic mining areas.

Water Activities

• Blue River: Excellent for rafting and fishing, with guided rafting trips available for all skill levels.
• Dillon Reservoir: Rent water toys like pontoon boats, paddleboards, and sailboats in summer, or go ice-fishing in winter.

Winter Sports

• Ice Skating at North Pond Park: Enjoy old-fashioned pond skating when conditions permit.
• Snowshoeing and Cross-Country Skiing: Explore trails at the Silverthorne Nordic Center at the Raven Golf Club or in the Eagles Nest Wilderness Area.
• Ski & Snowboard at Nearby Resorts: Keystone Resort, Copper Mountain, and Arapahoe Basin are just a short drive away.

Parks and Recreation

North Pond Park

• Year-Round Attraction: Features walking trails, ice skating, osprey nests, and mountain wetlands.

Rainbow Park

• Multi-Facility Park: Includes tennis courts, basketball courts, sand volleyball courts, a skate park, picnic shelters, and a sledding hill for winter fun.

Silverthorne Recreation Center

• Year-Round Facility: Offers gyms, pools, an indoor track, racquetball courts, and fitness equipment.

Shopping and Culture

Outlets at Silverthorne

• Shopping Destination: With over 70 name-brand stores and deep discounts, a must-visit for shoppers.

Silverthorne Performing Arts Center

• Cultural Hub: Hosts various performances, art exhibits, summer camps, and classes. Home to the Lake Dillon Theatre Company.

Public Art and Festivals

• First Friday Events: Monthly events featuring local art, music, and culture.
• Silverthorne Fine Arts Festival: A weekend festival with free admission, showcasing various types of art, food, and live music.

Insider Tips

• Dining and Brews: Explore the local restaurant scene, which includes award-winning craft brews and diverse culinary options.
• Neighboring Towns: Visit nearby Dillon for its pristine reservoir, Frisco for its charming town center, and Breckenridge for its vibrant ski resort.
• Local Events: Check the town's event calendar for concerts, theater performances, and festivals to enhance your stay.

By providing these tips and attractions, your Airbnb guests will be well-equipped to enjoy the full range of activities and experiences that Silverthorne, Colorado has to offer.

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

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

Noise Regulations and Quiet Hours

Inform your guests about the noise regulations and quiet hours to avoid complaints and potential fines. Silverthorne has strict noise regulations, and it is crucial to include this information in your house manual and initial communication with guests. Direct them to the Town of Silverthorne's Short-Term Rental Complaint Line (970-406-4499) and emphasize the importance of adhering to quiet hours, especially between 11:00 PM and 7:00 AM.

Digital and Physical House Manual

Create a comprehensive digital and physical house manual that includes 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 clear instructions on how to use the smart locks and include photos to help guests navigate the property. This not only enhances guest convenience but also reduces the likelihood of issues during check-in.

Parking Instructions with Photos

Include detailed parking instructions with photos in your house manual to avoid confusion. Given the specific parking regulations in Silverthorne, ensuring guests understand where and how to park can prevent potential issues and fines.

By implementing these practical tips, you can enhance the guest experience, reduce the risk of complaints, and maintain a successful short-term rental business in Silverthorne.

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 CDC sanitization guidelines and EPA standards.
• Offers services on weekly, bi-weekly, monthly, and custom schedules.

Exclusive Cleaning and Restoration

• Offers residential, commercial, and vacation rental cleaning services in Silverthorne and other areas of Summit County.
• Specializes in deep cleans, move-in/move-out cleans, construction clean-ups, carpet cleaning, tile cleaning, and upholstery cleaning.
• Provides additional services such as linen and laundry services, trash removal, and restocking household supplies.

Summit Executive Cleaning

• Focuses on vacation rental and commercial cleaning services in Summit County, including Silverthorne.
• Provides linen services, trash removal, and maintenance tasks. Ensures property safety and integrity with certified professionals.
• Offers real-time staff updates and guaranteed quality service.

Cleaning Management

• Although primarily based in Dillon, CO, Cleaning Management serves the entire Summit County area, including Silverthorne.
• Specializes in cleaning services for owner-managed vacation rental properties, with a fully trained and licensed staff.
• Offers consistently superior service with a focus on affordability and reliability.

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

In Silverthorne, Colorado, the management fees for short-term rentals can vary significantly based on the level of service provided. Typically, these fees range from 10% to 30% of the rental revenue. Full-service property management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this scale, often around 25-30% of the rental income. In contrast, basic services that may only include property care and minimal management can cost less, usually around 10-15% of the revenue. Additional fees may also apply for services like cleaning, repairs, and design, further impacting the overall cost of managing a short-term rental property in Silverthorne.