Airbnb & VRBO Performance in Truckee California.

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Truckee, California: Airbnb & VRBO Vacation Rental Market Overview

In Truckee, California, the short-term rental market is thriving, with an average daily rate of $521, 48% occupancy, and a notable 8% increase in active listings over the past year.

Market overview

Thriving Short-Term Rentals in Truckee, California

Truckee, California, continues to see robust performance in its short-term rental market. Despite regulatory changes, the sector remains vibrant, with an average occupancy rate of 48% across the available listings. The average daily rate for short-term rentals in Truckee stands at $521, contributing to a substantial monthly revenue of $43,948. This strong demand is reflected in the growth of active listings, which have increased by 8% over the past year. With a diverse range of rental options, including entire homes and various bedroom configurations, Truckee remains an attractive destination for both investors and travelers, highlighting the town's enduring appeal as a popular vacation spot.

Short Term Regulations

Short-Term Rental Regulations in Truckee, California for 2024

Overview

Truckee, California, which is part of Nevada County, has implemented several regulations to govern short-term rentals (STRs). Here are the key regulations:

Registration and Permits

  • Registration Certificate Cap: A cap of 1,255 STR registration certificates has been established, and this cap has already been reached. New applications are placed on a waitlist.
  • Waitlist Process: A two-part waitlist application process includes a $100 non-refundable deposit.

Ownership and Permit Transfer

  • 365-Day Waiting Period: There is a 365-day waiting period after a home sale before the new owner can apply for an STR permit.

Types of Properties

  • Phase Out of STRs in ADUs and Multi-Family Units: STRs are phased out in Accessory Dwelling Units (ADUs) and Multi-Family Dwelling Units. Existing permits can be renewed, but no new registrations will be issued for these properties.

Compliance and Inspections

  • Annual Registration: All STR properties must register annually with the Town of Truckee.
  • Compliance with Local Rules: Owners must comply with Tahoe Donner Covenants Rules and provide these rules to renters. A real-time contact for the property must be provided.

Occupancy and Parking

  • Occupancy Limits: STR residences must follow occupancy rules of no more than 2 people per bedroom plus 4 additional people total (children under the age of 7 are excluded from the occupancy count).
  • Parking Restrictions: The number of parked vehicles shall not exceed the spaces available in garages and on the driveway of the property.

Penalties and Fines

  • Increased Penalties: Violations of the ordinance can result in fines up to $5,000.

Tax Compliance

  • Transient Occupancy Tax (TOT): All STR owners must register with the Town of Truckee for the Transient Occupancy Tax.

Additional Requirements

  • Nuisance Complaints: If a nuisance complaint is made, owners or designated persons must contact the relevant authorities within a 45-minute window.
  • Fire and Safety Compliance: While specific fire safety inspections are not detailed for Truckee, compliance with general fire and safety standards is implied as part of the broader regulatory framework.
Neighborhood Performance

Top Neighborhoods Generating Airbnb Revenue in Truckee, California

1. Northstar Village

  • Appeal: Northstar Village is a hotspot for ski enthusiasts and families. It offers numerous ski-in/ski-out condos, many of which are highly rated for their location, cleanliness, and modern amenities. Guests can enjoy direct access to ski lifts, gondolas, and a variety of village amenities including restaurants, shops, an ice-skating rink, and spa facilities.

2. Northstar California Resort

  • Appeal: This area is popular for its year-round activities, including skiing, hiking, biking, and access to Lake Tahoe. Condos here often feature luxurious amenities such as hot tubs, saunas, and fully equipped kitchens. The proximity to Northstar Village and other recreational activities makes it an ideal choice for both winter and summer vacations.

3. Tahoe Donner

  • Appeal: Tahoe Donner is known for its family-friendly environment and easy access to the Tahoe Donner downhill and cross-country ski resorts. Guests appreciate the discounted ski tickets, modern condos with dedicated workspaces, and amenities like pools, hot tubs, and a variety of summer activities such as golf and biking.

4. Downtown Truckee

  • Appeal: Downtown Truckee offers a mix of riverfront and central locations, providing easy access to restaurants, shops, and the Truckee River. Guests enjoy the privacy and comfort of fully remodeled apartments and homes, many of which have river frontage and beautiful patios.

5. Donner Lake

  • Appeal: Donner Lake is appealing due to its scenic beauty and proximity to major ski resorts like Sugar Bowl, Squaw/Alpine, and Northstar. Cabins and homes in this area offer a cozy, mountain living experience with easy access to public docks and downtown Truckee.

These neighborhoods are highly sought after due to their combination of natural beauty, recreational opportunities, and convenient access to amenities, making them ideal for a wide range of guests.

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Design Tips

Tips for Furnishing and Designing an Inviting Airbnb in Truckee, California

Understand the Local Style and Aesthetic

  • Truckee and the surrounding Tahoe area are known for their natural beauty and rustic charm. Opt for a modern mountain aesthetic that incorporates natural materials such as wood and stone to create a cozy and serene environment.

Choose Quality Over Quantity

  • Investing in quality furniture is crucial. While it may be more expensive upfront, it reduces the long-term costs associated with frequent replacements and enhances guest satisfaction.

Select Statement Pieces

  • Focus on statement pieces like couches, coffee tables, credenzas, and dining room tables that define the space. These pieces should be stylish and durable to create a lasting impression.

Incorporate Local Elements

  • Use elements that reflect the area’s outdoor vibe, such as large windows to showcase beautiful lake or mountain views. This helps guests connect with the natural beauty of the region.

Add Amenities for Comfort and Relaxation

  • Include amenities like hot tubs, cozy fireplaces, and spacious outdoor areas to enhance the guest experience. These features are highly sought after by guests in the Tahoe City area.

Consider the Seasonal Appeal

  • Ensure your furnishings and decor are suitable for all seasons. For example, fireplaces are great for colder months, while outdoor decks and BBQ areas are perfect for warmer seasons.

Pay Attention to Details

  • Small details like adding plants, using luxury bedding, and providing fully equipped kitchens can significantly improve the overall atmosphere and guest satisfaction.

Optimize for Group and Family Accommodations

  • Since many guests in Truckee are families or larger groups, ensure your space is spacious and well-equipped to accommodate them comfortably. This includes having multiple bedrooms, a game room, or a large backyard.

Maintain a Consistent Design Theme

  • Ensure that your design theme is consistent throughout the property. A cohesive look helps in creating a welcoming and inviting space for guests.

Utilize Rugs and Textiles

  • Use high-quality rugs that are easy to maintain, such as those from ruggable.com, to add warmth and texture to the space. This can also help in defining different areas within the property.

Enhance with Local Art and Decor

  • Incorporate local art and decor elements, such as Native American art or handmade log furniture, to give your Airbnb a unique and authentic feel that resonates with the local culture.
Insider Tips

Discovering Truckee, California: Local Attractions and Insider Tips

Local Attractions

Historic Downtown Truckee

  • Explore the charming, rustic main strip along Donner Pass Road, lined with historic buildings, unique shops, local restaurants, cafes, and bars.
  • Must-visit spots include the Tourist Club, Old Town Tap, and Darkhorse Coffee House.

Donner Lake Overlook

  • Enjoy stunning views of Donner Lake and the Sierra Nevada mountains from this overlook, accessible via Donner Pass Road.
  • Don't miss the Rainbow Bridge (Donner Summit Bridge), a restored arch bridge from the 1920s.

Donner Lake Activities

  • Paddleboard or kayak on Donner Lake, taking advantage of the dozens of public piers.
  • Early morning is the best time for calm waters and dreamy conditions.

Public Piers at Donner Lake

  • Utilize the 37 easily accessible public piers on a first-come, first-served basis for sunbathing and scenic views.

Truckee River Bike Path

  • Ride the 10-mile paved path connecting Tahoe City and Olympic Valley, offering scenic stops and beautiful autumn foliage in the fall.

Truckee River Float and Kayaking

  • Float down the Truckee River using your own float or renting from local companies like Truckee River Rafting.
  • Popular routes include starting in Tahoe City and ending at River Ranch Restaurant.

Donner Memorial State Park

  • Learn about the area's history, including the Donner Party and railroad construction, at the park's Visitor Center.
  • Enjoy hiking and exploring the park's unique geological features.

Sawmill Lake Fly Fishing

  • Located about 30 minutes south of Truckee, this lake is ideal for catching rainbow and brown trout. Reservations are recommended.

Museums

  • Museum of Truckee History: Explore the town's history, including the Donner Party and indigenous heritage. Open Friday through Sunday.
  • Truckee Railroad Museum: Learn about Truckee's role in the transcontinental railroad. Open weekends only.

KidZone Museum

  • A must-visit for families with kids, offering indoor and outdoor play areas, including pretend-play stations and a science room. Suitable for kids under 7.

Insider Tips

Seasonal Activities

  • Winter: Enjoy skiing, snowboarding, snowshoeing, and tubing at resorts like Northstar California, Boreal Mountain Resort, and Tahoe Donner Downhill Ski Area.
  • Summer: Participate in Truckee Thursdays street festivals, rent boats or kayaks, and explore the outdoors.

Local Events

  • Truckee Farmers Market: Visit every Tuesday from May to October for fresh produce, artisanal goods, and local treats.
  • Ghost Tours: Attend the annual ghost tours in October for a spooky and historical experience.

Dining and Nightlife

  • River Ranch Lodge and Restaurant: A great spot for lunch and drinks after a bike ride or river float.
  • Local Breweries and Restaurants: Enjoy the town's vibrant food and drink scene, including various breweries and cafes in Historic Downtown Truckee.

Outdoor Tips

  • Leave No Trace: Always keep the outdoors beautiful by following the Leave No Trace principles.

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

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Truckee, California

To ensure a successful and compliant short-term rental business in Truckee, California, several key practices must be implemented. Here are some practical tips:

Noise Regulations and Quiet Hours

Inform your guests about the strict noise regulations in Truckee, emphasizing the quiet hours to avoid disturbances and potential fines. Include this information in your digital and physical house manual to ensure guests are aware of the rules from the outset.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also cover important regulations like occupancy limits, parking rules, and fire safety standards.

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 easily.

Parking Instructions

Include detailed parking instructions with photos in your house manual to avoid any confusion. Given the strict regulations on parking, ensuring guests understand where and how to park is crucial to maintaining compliance and avoiding fines.

By following these tips, you can enhance the guest experience, ensure compliance with local regulations, and maintain a smooth and efficient short-term rental operation in Truckee, California.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in Truckee, California:

House Cleaning Services

Perfection & Elegant Home Management LLC

  • Offers interior home cleaning, deep cleaning, and maintenance services.
  • Customized cleaning plans, including weekly, bi-weekly, and monthly schedules.
  • Special services for Airbnb hosts and post-stay cleanings.

Sunshine Cleaning California

  • Provides high-quality and professional cleaning services.
  • Customized scheduling options, checklists, and maintenance of unique preferences.
  • Services include standard cleaning, deep cleaning, vacation rental cleaning, and move-in/out cleaning.

A Step Above Home Care

  • Offers daily, weekly, monthly, and one-time cleaning services, as well as deep spring cleans.
  • Also provides commercial property cleaning, construction clean-ups, and move-out cleanings.
  • Additional concierge services and snow removal.

Home Care and Maintenance

A Step Above Home Care

  • Provides custom-tailored home care maintenance packages.
  • Services include weekly home inspections, simple maintenance, and major repairs.
  • Concierge services for stocking groceries, buying lift tickets, and planning outdoor activities.

General Home Services

Perfection & Elegant Home Management LLC

  • In addition to cleaning, offers snow clearing and other types of maintenance projects.

These providers cater to various needs, from routine cleaning to comprehensive home maintenance and concierge services.

Management fees

Short-Term Rental Management Fees in Truckee, California

In Truckee, California, managing a short-term rental property can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often around 20-30% of the revenue. For example, companies like Tahoe Mountain Properties charge a short-term management fee of 29% for luxury nightly rentals, while others may offer lower rates for more basic services.

In addition to the management fees, hosts may also incur additional costs for cleaning, repairs, or design services. These fees can vary among different property management companies, with some including cleaning fees in their overall charge and others calculating their fees exclusively on the rental earnings minus cleaning costs. Understanding these fee structures is crucial for hosts to ensure they are complying with local regulations and maximizing their rental income.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Truckee should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
RedAwing knows how to get bookings
50+ Top Booking Channels
More than any other platform available

Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Truckee.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
Unlock your home’s potential
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