The short-term rental market in Southern Pines, North Carolina, is thriving, driven by high demand during peak golf seasons and annual events, with opportunities for increased rental income and a diverse range of sought-after properties.
Thriving Short-Term Rental Market in Southern Pines, North Carolina
Southern Pines, North Carolina, is experiencing a robust and vibrant short-term rental market, driven by its unique blend of small-town charm, upscale amenities, and world-class golf courses. The demand for short-term rentals remains consistently high, particularly during the peak season from late spring through summer, when tourists and golf enthusiasts flock to the area. During this period, occupancy rates often outpace supply, leading to higher occupancy rates and increased rental income. Properties with amenities such as outdoor spaces, proximity to local attractions like the Sandhills Horticultural Gardens and the Southern Pines Golf Club, and horse-friendly facilities are especially in high demand. While specific average daily rates are not provided, it is noted that per-night rental rates for short-term rentals are generally higher than those for long-term rentals, indicating a lucrative opportunity for hosts in this market.
Short-Term Rental Regulations in Southern Pines, North Carolina for 2024
Zoning Restrictions
- Short-term rentals, defined as "Tourist Homes," are allowed only in specific zoning areas, including the Downtown Overlay, Office Services, General Business, and Central Business zones.
Permit and Registration Requirements
- Property owners must comply with the regulations outlined in the Unified Development Ordinance of Southern Pines. This includes obtaining any necessary permits and registrations for operating a tourist home.
Length of Stays
- Tourist homes are defined as dwelling units used for periods of less than 30 days.
Safety and Operational Standards
- Properties must adhere to safety and operational standards, including any specific requirements for safety signs if the property has a pool. However, detailed specifics on pool safety signs and drainage are not explicitly mentioned in available sources.
Tax Compliance
- Short-term rental operators must register with the North Carolina Department of Revenue, collect lodging taxes from guests, file lodging tax returns, and remit the taxes to the state. Additionally, they are subject to local occupancy tax administered by Moore County.
Community Regulations
- Operators must follow rules on noise, large gatherings, and occupancy limits to ensure compliance with local regulations and maintain positive relationships within the community.
Contact Information for Concerns
- Residents with concerns about a tourist home can contact the Code Compliance Officer at 910-692-4003 or via email at lwebb@southernpines.net.
Practical Tips to Run a Successful Short Term Rental Business in Southern Pines, North Carolina
To ensure the success of a short-term rental business in Southern Pines, North Carolina, several practical tips can be implemented to enhance guest satisfaction and compliance with local regulations.
Noise Regulations and Guest Communication
Inform guests about quiet hours and noise regulations to avoid violations and maintain a peaceful environment. Include this information in both digital and physical house manuals to ensure clarity.
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 be easily accessible to guests, either through a welcome packet or a digital link provided upon booking.
Simplified Check-in Process
Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide clear parking instructions accompanied by photos to help guests navigate the property easily.
Compliance and Maintenance
Ensure compliance with local regulations, such as obtaining the necessary permits and registering with the city, as required in Southern Pines. Maintain strong relationships with local service providers for maintenance and cleaning to keep the property in top condition.
By following these tips, hosts can maximize occupancy rates, ensure guest satisfaction, and navigate the seasonal demands of the Southern Pines market effectively.