The short-term rental market in Sunrise Beach, Missouri, is thriving, with an average 45% occupancy rate and a daily rate of $506, generating substantial monthly revenue of $37,538.
Thriving Short-Term Rentals in Sunrise Beach, Missouri
Sunrise Beach, Missouri, is experiencing a robust performance in its short-term rental market. With an average occupancy rate of 45%, these rentals are in high demand, reflecting the area's popularity among travelers. The average daily rate for these rentals stands at $506, contributing to a substantial monthly revenue of $37,538. This strong performance underscores the attractiveness of Sunrise Beach as a vacation destination, with its proximity to attractions like Lake of the Ozarks, Ha Ha Tonka State Park, and various golf courses and water parks.
Short-Term Rental Regulations in Sunrise Beach, Missouri for 2024
Regulatory Requirements
- Business License: All rental property owners are required to obtain a business license from Camden County.
- Sales Tax Collection: Hosts must collect a 4.225% state sales tax from guests, along with any applicable local sales taxes.
Compliance with Local Authorities
- Zoning and Safety Regulations: Hosts must comply with zoning and safety regulations, which can vary by specific location within Sunrise Beach. It is advisable to consult with the local town or county government for detailed information.
Homeowner or Condominium Associations
- HOA/Condo Rules: Hosts should check with their homeowner or condominium associations, as some may have rules that prohibit short-term rentals.
Operational Requirements
- Regular Inspections and Maintenance: Properties must be regularly checked for housekeeping, routine maintenance, and amenity maintenance to ensure they are guest-ready.
Personal Use and Access
- Personal Use Restrictions: Property owners are allowed to book time on the calendar for personal use, but spontaneous visits to the home are generally not permitted.
Guest and Community Relations
- Guest Communication and Response: Quick response to guest inquiries and issues is crucial for maintaining high guest satisfaction and positive reviews.
- Community Relations: Fostering good relationships with the local community can help mitigate any potential issues arising from short-term rentals.
Additional Considerations
- Pet Policies: Pet policies are determined by the property owner, and management companies can help establish and enforce these policies.
- Cancellation and Contract Policies: Depending on the management company, there may be specific cancellation policies and contract terms that property owners need to be aware of.
Top Airbnb Revenue-Generating Neighborhoods in Sunrise Beach, Missouri
Why Sunrise Beach is Appealing
Sunrise Beach, located at the Lake of the Ozarks, is a highly attractive destination for Airbnb guests due to its outdoor activities, waterfront properties, and scenic beauty. Here are some of the top neighborhoods and their appeal:
1. Lakefront Properties
- Appeal: These properties offer direct access to the lake, private docks, and stunning waterfront views. Guests can enjoy boating, fishing, and other water activities.
- Revenue: With an average daily rate of $363 and an occupancy rate of 48%, these properties generate significant revenue, averaging around $55,587 annually.
2. Innsbrook and Surrounding Areas
- Appeal: Known for peaceful retreats and high average daily rates, Innsbrook and its surrounding areas attract guests seeking tranquil lakeside escapes. The natural beauty and proximity to outdoor activities make it a favorite among tourists.
- Revenue: Although not exclusively in Sunrise Beach, the broader Innsbrook area is included due to its proximity and similar appeal. Here, the average daily rate is $236, with an occupancy rate of 44%, resulting in an annual revenue of around $40,294.
3. Gravois Mills and Nearby Neighborhoods
- Appeal: These neighborhoods offer a mix of tranquil lakeside escapes and easy access to various attractions around the Lake of the Ozarks. Guests appreciate the serene environment and the opportunity to engage in outdoor activities.
- Revenue: While specific revenue figures for Gravois Mills within Sunrise Beach are not provided, the area's overall appeal and demand suggest it contributes significantly to the local Airbnb revenue.
4. Central Sunrise Beach
- Appeal: The central area of Sunrise Beach is close to local amenities, restaurants, and shops, making it convenient for guests. It also offers easy access to the lake and various recreational activities.
- Revenue: With a high occupancy rate and premium daily rates, central Sunrise Beach properties are highly profitable, contributing to the overall annual revenue of $55,587 on average.
These neighborhoods in Sunrise Beach, Missouri, are highly appealing due to their combination of natural beauty, outdoor recreational opportunities, and convenient access to local amenities, making them top generators of Airbnb revenue in the area.
Tips for Furnishing and Design of an Airbnb in Sunrise Beach, Missouri
To create an inviting and unique Airbnb space in Sunrise Beach, Missouri, consider the following tips:
Emphasize Waterfront and Outdoor Living
- Waterfront Access and Private Docks: Properties with private docks or boat slips are highly sought after, as they provide direct access to the Lake of the Ozarks.
- Outdoor Living Spaces: Include patios, fire pits, and BBQ grills to allow guests to enjoy the picturesque views and temperate climate.
Comfort and Quality Interior Amenities
- High-Quality Beds and Linens: Improve comfort with high-quality beds and linens to ensure a restful stay for guests.
- Fully Equipped Kitchens: Provide fully equipped kitchens with necessary appliances and utensils to cater to both short-term vacationers and remote workers.
- Comfortable Living Spaces: Ensure comfortable living areas with amenities like high-speed Wi-Fi, electric fireplaces, and comfortable seating.
Reflect Local Style and Natural Beauty
- Lake-Inspired Decor: Use decor that reflects the natural beauty of the Lake of the Ozarks, such as color palettes that match the surroundings and lake-themed accessories.
- Durable and Functional Furnishings: Select furnishings that are durable, functional, and aesthetically pleasing, considering the seasonal nature of the rentals.
Enhance Guest Experience with Amenities
- Recreational Amenities: Offer amenities like kayaks, paddleboards, and fishing gear to enhance the guest experience and capitalize on the area's outdoor activities.
- Additional Comforts: Include amenities such as hammocks, screened-in decks, and electric griddles to make the stay more enjoyable and unique.
Maintain High Standards of Cleanliness and Upkeep
- Regular Maintenance: Ensure regular cleaning and maintenance to meet the high expectations of guests. This includes maintaining amenities like pools and hot tubs.
- Quick Response to Guest Inquiries: Respond promptly to guest inquiries and issues to improve guest satisfaction and reviews.
By focusing on these elements, you can create an inviting Airbnb space in Sunrise Beach, Missouri, that reflects the city's unique style and caters to the needs of your guests.
Discover Sunrise Beach, Missouri: Local Attractions and Insider Tips
Local Attractions
Water Activities
- Lake of the Ozarks: With over 1,150 miles of shoreline, enjoy boating, fishing, swimming, and various watersports.
- Bear Bottom Waterslide: A fun spot for families and thrill-seekers at Bear Bottom Resort.
- Super Daves Paddle Board & Kayak Rentals and Lessons: Rent equipment and take lessons at Deer Valley Park.
- LOTO Boat Rental: Rent boats and explore the lake from Osage Beach.
Outdoor Adventures
- Ha Ha Tonka State Park: Explore caves, natural bridges, and hiking trails in this scenic park near Camdenton.
- Bridal Cave/Thunder Mountain Park: Visit caves and enjoy outdoor activities like hiking and picnicking in Camdenton.
- Stark Caverns: Discover the beauty of caves in Camdenton.
- Paradise Parasail, LLC.: Experience parasailing adventures in Lake Ozark.
Family Fun
- Big Surf Waterpark: Enjoy water slides and other aquatic attractions in Linn Creek.
- Jolly Mon Indoor Water Park: A great place for year-round water fun in Osage Beach.
- Putt 'N' Stuff Family Fun Center: Mini golf, go-karts, and other family-friendly activities in Osage Beach.
Other Attractions
- Celebration Cruises: Take a scenic cruise on the Lake of the Ozarks from Lake Ozark.
- Lake of the Ozarks State Park: Offers hiking, biking, and camping opportunities in Kaiser.
- Golfing: Tee off at nearby championship golf courses.
Insider Tips
Getting Around
- Accessibility: Sunrise Beach is conveniently located near major metropolitan areas like St. Louis, Kansas City, and Springfield, making it easy to get to and from.
- Local Roads: Use Missouri Route 5 (Sunset Boulevard) to navigate through the village and surrounding areas.
Dining and Shopping
- Local Eateries: Enjoy a variety of dining options in Sunrise Beach and nearby towns like Osage Beach and Camdenton.
- Shopping: Explore local shops and markets for unique souvenirs and necessities.
Community Resources
- Public Library: Visit the branch of the Camden County Library District in Sunrise Beach for books and other resources.
- Schools: For families, note that the Camdenton R-III School District operates Hurricane Deck Elementary School in Sunrise Beach.
Seasonal Activities
- Year-Round Recreation: Whether it's summer watersports or winter hiking, Sunrise Beach offers activities for all seasons.
- Events: Check local event calendars for festivals, concerts, and other community events that take place throughout the year.
By providing these local attractions and insider tips, you can ensure your Airbnb guests have a memorable and enjoyable stay in Sunrise Beach, Missouri.
Practical Tips to Run a Successful Short-Term Rental Business in Sunrise Beach, Missouri
To ensure a smooth and profitable short-term rental business in Sunrise Beach, Missouri, several practical tips can make a significant difference. First, it is crucial to inform guests about noise regulations and quiet hours to maintain a harmonious relationship with the local community. This can be included in a comprehensive digital and physical house manual that also provides essential instructions, Wi-Fi passwords, and other vital information.
A simplified check-in process is also key. Utilizing smart locks eliminates the need for physical key exchanges and reduces the likelihood of lost keys. Additionally, provide clear parking instructions accompanied by photos to avoid any confusion and ensure a seamless arrival experience for your guests.
By adhering to these tips, you can enhance guest satisfaction, reduce potential issues, and maximize your rental income in the attractive and seasonal market of Sunrise Beach, where properties with lakefront views and outdoor recreational areas are particularly in demand.
Here is a brief list of house cleaning, repair, and maintenance providers in Sunrise Beach, Missouri:
House Cleaning Services
- Maid Squad Ozarks: Offers professional and reliable cleaning services, including eco-friendly cleaning options, for residences, businesses, and vacation rentals. They are locally based, insured, and licensed.
- Lake Of The Ozarks Home Cleaning Services: Provides residential and commercial cleaning services in the area.
Property Maintenance and Repair Services
- Sunrise Property Solutions: Offers a range of services including professional power washing, home watch services, vacation preparation, demolition work, dumpster rental, and junk removal. They also assist with renovations and waste removal needs.
Additional Resources
- Care.com: Lists various house cleaning services in Sunrise Beach, MO, with options starting at $18.00/hr. The listings include rates, reviews, and experience.
- Angie's List: Provides reviews and ratings for house cleaners in Sunrise Beach, MO, to help in selecting the right service.
Sunrise Beach, Missouri: Understanding Short-Term Rental Management Fees
In Sunrise Beach, Missouri, the fees for short-term rental management can vary significantly, typically ranging from 10% to 30% of the rental revenue. This variance is largely dependent on the level of service provided. Full-service management companies, which handle comprehensive tasks such as guest communication, marketing, and maintenance, usually charge higher fees, often starting at 15% to 20% of the revenue.
On the other hand, basic or partial management services, which may require the property owner to handle some responsibilities like cleaning and guest inquiries, can be more cost-effective, with fees starting as low as 10%. Additionally, property owners may incur extra fees for services like professional cleaning, repairs, or design and furnishing, which can further impact the overall cost of management. These fees are designed to ensure the property is well-maintained and marketed effectively to maximize rental income.