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

Zoning and License Caps

• 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 in this zone, which includes deed-restricted neighborhoods.

Application and Documentation

• Owners must file a short-term rental license application and provide written notice to the owner of the adjacent unit if the property is part of a duplex.
• Owners must read and sign the Good Neighbor Guidelines and submit a sworn affidavit certifying compliance 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

• The maximum occupancy is two people per bedroom plus two people. The number of bedrooms is determined by the Summit County GIS Parcel Query Tool.

Taxes

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

Complaints and Enforcement

• A dedicated complaint line is available for reporting issues related to short-term rentals: 970-406-4499.
• The Town can request vacation rental services like Airbnb and VRBO to remove listings for properties without a valid short-term rental license.

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.

Additional Requirements

• Individual homeowner associations may have additional requirements, restrictions, and covenants related to short-term rentals.
• Deed-restricted properties are prohibited from being rented on a short-term basis.

Title: Top Neighborhoods for Airbnb Revenue in Silverthorne, Colorado: Appeal and Attractiveness

Neighborhoods Generating the Most Airbnb Revenue

While specific neighborhood-level revenue data is not provided in the sources, we can infer the most appealing and revenue-generating areas based on several key factors such as occupancy rates, rental demand, and guest preferences.

1. Town Core and Riverfront Areas (Area 2)

• These areas are capped at 50% of the number of units for short-term rentals, indicating high demand and potential for significant revenue.
• Proximity to central amenities, shops, and dining makes these locations highly attractive to guests.
• Easy access to recreational activities and scenic views adds to their appeal.

2. Neighborhoods Near Ski Resorts and Trailheads

• Areas close to ski resorts like Keystone, Breckenridge, and Arapahoe Basin are highly sought after due to their proximity to world-class skiing and hiking trails.
• Neighborhoods with trailheads to Buffalo Mountain and Arapahoe National Forest are particularly appealing for outdoor enthusiasts.

3. Areas with High Occupancy Rates

• Neighborhoods with high occupancy rates, such as those averaging 56% occupancy throughout the year, tend to generate more revenue. This is indicative of areas that are consistently in demand.

Why These Neighborhoods Are Appealing for Guests

Proximity to Recreational Activities

• Silverthorne's location near several world-class ski resorts and hiking trails makes it a magnet for outdoor enthusiasts. Neighborhoods close to these attractions are highly desirable.

Scenic Views and Natural Beauty

• The area's stunning mountain views, particularly those overlooking Lake Dillon and the surrounding national forests, are a major draw for guests seeking a scenic getaway.

Amenities and Services

• Neighborhoods with easy access to amenities such as gyms, BBQ grills, laptop-friendly workspaces, and Wi-Fi are more appealing to a broader range of guests.

Regulatory Environment

• While regulations cap short-term rentals in certain areas, compliant neighborhoods offer a stable and regulated environment that can attract more reliable and long-term bookings.

These factors combined create an environment where certain neighborhoods in Silverthorne stand out as top generators of Airbnb revenue due to their high demand and guest appeal.

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

To make your Airbnb in Silverthorne, Colorado, a standout and reflective of the city's unique style, consider the following tips:

Location and Neighborhood

• Choose a property in a desirable location, such as near ski resorts, hiking trails, or with scenic views of Lake Dillon and the surrounding mountains.

Amenities

• Include amenities that enhance guest comfort and convenience, such as hot tubs, modern kitchens, and outdoor spaces like balconies or patios with mountain views.

Decor and Furniture

• Opt for a mix of mountain-modern and rustic styles, incorporating natural materials like wood and stone to reflect the area's outdoor setting.
• Use high-quality, stylish furniture that is both durable and aesthetically pleasing. Consider mountain-themed aesthetics with earthy color palettes.

Lighting

• Create a warm and inviting atmosphere with ambient lighting. Use table lamps, wall sconces, and ensure well-lit task areas such as the kitchen and bathroom.

Textiles and Comfort

• Add warmth and texture with plush textiles, including soft area rugs, cozy throw blankets, and high-quality bedding.
• Incorporate plush bath mats and ensure extra towels, soaps, and personal care products are available in the bathrooms.

Entryway and First Impressions

• Design a welcoming entryway with a soft rug, mirror, potted plant, and artwork. Ensure it is well-lit and clutter-free, with a place for guests to set down their belongings.

Kitchen and Dining

• Ensure the kitchen is fully equipped with modern appliances, coffee makers, and necessary utensils. Leave directions for using appliances and provide a solid supply of dishcloths and napkins.

Outdoor Spaces

• Highlight outdoor spaces such as patios or gardens, which allow guests to enjoy the beautiful Colorado weather and scenic views.

Local Touches

• Incorporate local artwork and decor to provide a sense of place and enhance the guest experience. Consider displaying information about local businesses if any items come from them.

Cleanliness and Maintenance

• Maintain a spotless and tidy space. Ensure regular cleaning and upkeep to attract repeat guests and positive reviews.

Communication and Customer Service

• Be responsive to guests’ inquiries and provide excellent customer service. Offer detailed instructions, local recommendations, and be available to answer questions.

By following these tips, you can create an inviting and uniquely styled Airbnb in Silverthorne, Colorado, that will attract and satisfy your guests.

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 moderate 4.6-mile hike with a 1,141-foot elevation gain, offering scenic views.
• Eagles Nest Wilderness Area: Explore numerous trails for hiking, biking, horseback riding, snowshoeing, and cross-country skiing within the White River National Forest.

Water Activities

• Blue River: Enjoy fly fishing, rafting, and stand-up paddleboarding along the river. Guided rafting trips like the Blue River Express are available for all skill levels.
• Dillon Reservoir: Rent water toys such as pontoon boats, paddleboards, and sailboats in the summer, or go ice fishing in the winter.

Winter Sports

• Skiing and Snowboarding: Silverthorne is close to renowned ski resorts like Breckenridge, Keystone, Vail, Loveland, and Arapahoe Basin. Keystone is particularly great for beginners.
• Cross Country Skiing: The Silverthorne Nordic Center at the Raven Golf Club and the Mesa-Cortina Trail to South Willow Creek Falls offer excellent cross-country skiing and snowshoeing opportunities.

Local Parks and Facilities

North Pond Park

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

Rainbow Park

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

Silverthorne Recreation Center

• An incredible facility open year-round 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. Also home to the Colorado Welcome Center.

Silverthorne Performing Arts Center

• Hosts live performances, outdoor musicals, and other cultural events. Check out the Theatre SilCo for a variety of shows.

Public Art and Festivals

• Explore the town’s public-art displays and attend events like the Silverthorne Fine Arts Festival, which features various art types, food, and live music.

Insider Tips

Seasonal Activities

• Summer: Enjoy wildflower-draped trails, white water rafting, and mountain biking. The transitional spring months (April and May) are great for hiking with fewer crowds.
• Winter: Take advantage of more affordable lodging and explore winter activities like snow tubing at Frisco Adventure Park and snowshoeing on various trails.

Local Favorites

• Historic Mint Steakhouse: Known for its excellent dining experience.
• The Pad: A unique hostel with a friendly atmosphere, murals, artwork, and a hot tub with mountain views.

Nearby Explorations

• Dillon: Visit the pristine Dillon Reservoir and explore the town’s amenities.
• Leadville: A former silver-mining town with scenic drives, outdoor adventures, and historical sites like the Mining Museum.

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

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 practical tips can be implemented:

Noise Regulations and Guest Communication

Inform your guests about the strict noise regulations in Silverthorne, emphasizing quiet hours to avoid complaints. Include this information in your digital and physical house manual, and consider posting reminders in the property to ensure compliance.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should cover everything from appliance usage to emergency contact information, helping guests navigate the property effortlessly.

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 ensure that guests receive all necessary access codes and passwords in advance.

Parking Instructions with Photos

Include detailed parking instructions in your house manual, accompanied by photos to help guests understand where and how to park. This can prevent confusion and potential parking violations, enhancing the overall guest experience.

By following these tips, you can minimize issues, improve guest satisfaction, and maintain a positive reputation for your short-term rental business in Silverthorne.

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

Team Clean

• Offers 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.
• Provides services on weekly, bi-weekly, monthly, and custom schedules.

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.
• Also offers on-demand concierge trash removal and reports any damage or maintenance issues immediately.

Exclusive Cleaning and Restoration

• Offers a wide range of services including carpet cleaning, wood floor restoration, granite/tile cleaning, pet odor removal, and water damage restoration.
• Uses advanced and safe cleaning solutions and is IICRC certified.
• Provides 24-hour emergency flood restoration services and other specialized cleaning and restoration services.

Cleaning Management

• Focuses on cleaning services for owner-managed vacation rental properties.
• Provides a full line of vacation rental cleaning services with a fully trained staff.
• Serves areas including Keystone, Dillon, Frisco, Breckenridge, and Copper Mountain.

A&A Summit Cleaning Services

• Offers 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.

Short-Term Rental Management Fees in Silverthorne, Colorado

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 spectrum, often around 25-30% of the rental income. This level of service ensures that all aspects of the rental property are managed, from booking and customer service to property upkeep and compliance with local regulations.

On the other hand, basic services that may only include property care and minimal management can cost less, usually around 10-15% of the rental revenue. Additionally, property owners may incur extra fees for services like cleaning, repairs, and design enhancements, which can be billed separately or included in the overall management fee structure. Companies such as Rocky Mountain Resort Management and Bighorn Rentals offer various tiers of service to cater to different needs and budgets of property owners in Silverthorne.