Short-Term Rental Regulations in Wildernest, Colorado for 2024

Eligibility and License Types

• Type I License: Must be the primary residence of a member of the local workforce (Qualified Occupant) who occupies the property for at least 9 months out of the year. The Qualified Occupant must provide supporting documentation for the 9-month occupancy.
• Type II License: Generally targeted toward second-homeowners who want to use their property and occasionally perform short-term rentals. No new Type II licenses are being issued due to the 2023 cap.

Occupancy Limits

• Single Family Homes, Duplexes, and Townhomes:
• 2 persons per bedroom plus 4 additional occupants; OR
• 1 person per 200 square feet of living area, whichever allows for greater occupancy.
• Condominiums:
• 2 persons per bedroom plus 4 additional occupants; OR
• 2 persons per bedroom plus 2 additional occupants in buildings with interior egress components less than 44 inches wide and without a sprinkler system; OR
• 1 person per 200 square feet of living area.
• Maximum Occupancy for Type I and Type II Licenses:
• Cannot exceed 2 short-term renters per bedroom plus 2 additional short-term renters (unless further restricted by an on-site wastewater treatment system).

Booking Limits

• Type I and Type II Licenses:
• Limited to no more than 35 "bookings" per year, calculated from October 1 through September 30. There is no limit on the number of nights per booking.

On-Site Presence

• When Qualified Occupant is On-Site:
• For Type I licenses, no more than 50% of the approved bedrooms in the home (up to 2 bedrooms) may be short-term rented when the Qualified Occupant is on-site and engaged in partial home rental.

Additional Restrictions

• Neighborhood Zone Restrictions:
• The Board of County Commissioners (BoCC) has implemented more stringent restrictions in the Neighborhood Zone, including higher complaint incidents and the intent to mitigate noise and other issues related to short-term rentals.
• Caps on Licenses:
• Limits on the number of short-term rental licenses that can be issued in different basins, with a ceiling ranging from 5% to 18% of the total housing inventory in those areas.

Compliance and Licensing

• License Requirement:
• A valid short-term rental license is required for each property, and the license number must be displayed in all advertising for the property.
• Renewal and Application:
• Licenses must be renewed through the Host Compliance portal, ensuring all required documents and accurate information are provided. No incomplete or incorrect applications will be accepted.

Taxes and Fees

• Lodging Tax:
• Homeowners must collect and remit applicable taxes, including a lodging tax.
• License Fees:
• Fees vary based on the number of bedrooms in the property, ranging from $150 for a studio to $500 for six or more bedrooms.

Top Neighborhoods for Airbnb Revenue in Wildernest, Colorado

While specific data on Wildernest, Colorado, is not provided in the sources, we can infer some insights from nearby areas and general trends in Colorado's mountain towns. Here are some neighborhoods and areas around Wildernest that are likely to generate significant Airbnb revenue, along with reasons for their appeal:

1. Wildernest Proper

• Appeal: Wildernest is a popular area due to its proximity to Breckenridge and other Summit County attractions. Guests are drawn to its scenic views, easy access to ski resorts, and a more secluded yet still convenient living experience.
• Revenue Potential: Given its location near Breckenridge, which is the second-highest home-sharing market in Colorado, properties in Wildernest can expect high occupancy rates and significant revenue.

2. Silverthorne

• Appeal: Silverthorne is known for its outdoor recreation opportunities, shopping centers, and its position as a hub for accessing various ski resorts like Breckenridge, Keystone, and Copper Mountain.
• Revenue Potential: With an average daily rate of $352 and an occupancy rate of 58%, Silverthorne is a lucrative market for Airbnb investors.

3. Breckenridge

• Appeal: Breckenridge is a world-renowned ski resort town with a vibrant downtown area, numerous outdoor activities, and a wide range of amenities. It attracts a high volume of tourists year-round.
• Revenue Potential: Breckenridge has one of the highest guest arrival numbers and host incomes in Colorado, making it an extremely profitable area for Airbnb investments.

4. Keystone

• Appeal: Keystone offers a family-friendly atmosphere, extensive ski trails, and a variety of summer activities. Its proximity to other Summit County attractions adds to its appeal.
• Revenue Potential: With 26,000 guest arrivals and $3.6 million in host income in 2017, Keystone is another strong contender for generating significant Airbnb revenue.

5. Dillon

• Appeal: Dillon is a charming town with a lake, marina, and easy access to ski resorts. It offers a more laid-back atmosphere compared to Breckenridge but still provides plenty of recreational activities.
• Revenue Potential: While specific data for Dillon is not provided, its proximity to major ski resorts and its own attractions suggest it could be a profitable area for Airbnb investments.

These neighborhoods and areas are appealing due to their:- Proximity to major ski resorts and outdoor recreation opportunities.- Scenic views and natural beauty.- Access to amenities such as shopping centers, restaurants, and vibrant downtown areas.- High demand from tourists, particularly during peak ski seasons and summer months.

These factors contribute to high occupancy rates and significant revenue potential for Airbnb properties in these locations.

Furnishing and Design Tips for an Inviting Airbnb in Wildernest, Colorado

Understanding the Local Style

• Mountain Aesthetic: Wildernest, being in the heart of the Rocky Mountains, benefits from a design that reflects its natural surroundings. Incorporate elements like natural wood finishes, earthy tones, and mountain-themed artwork to create a serene and inviting atmosphere.

Key Features and Amenities

• Scenic Views: Ensure that your property takes advantage of the stunning mountain views. Large windows, outdoor spaces, and strategically placed seating areas can enhance the guest experience.
• Outdoor Spaces: Provide well-maintained outdoor areas such as patios, decks, or hot tubs to allow guests to enjoy the natural beauty of the surroundings.
• Comfortable Furnishings: Invest in high-quality, durable furniture that is both comfortable and stylish. Modern furniture with clean lines combined with rustic elements can create a cozy yet contemporary feel.
• Well-Equipped Kitchens: Guests often look for homes that offer a home-like environment. Ensure your kitchen is well-equipped with modern appliances and necessary utensils.

Design Considerations

• Local Inspiration: Incorporate local design elements and craftsmanship to give your property a unique character. This could include local art, handmade furniture, or decorative items that reflect the region's culture.
• Pet-Friendly Options: Since many guests travel with pets, consider adding pet-friendly amenities such as pet beds, bowls, and outdoor spaces that are pet-friendly.
• Game Rooms and Entertainment: For families and larger groups, amenities like game rooms or entertainment areas can be a significant draw.

Neighborhood and Location

• Proximity to Attractions: Wildernest is close to major ski areas like Breckenridge, Copper Mountain, and Keystone. Highlight the easy access to these attractions in your listing and ensure your property is conveniently located for outdoor enthusiasts.
• Community Vibe: Reflect the community vibe of Wildernest by incorporating elements that make guests feel part of the local culture. This could include recommendations for local restaurants, shops, and events.

Additional Tips

• Photogenic Appeal: Ensure your property is photogenic by paying attention to lighting, decor, and overall aesthetic appeal. High-quality photos can significantly boost interest in your listing.
• Guest Satisfaction: Focus on comfort and guest satisfaction by providing amenities like comfortable bedding, clean and well-maintained spaces, and clear communication with guests. This can lead to better reviews and repeat bookings.

Local Attractions and Insider Tips for Visitors to Silverthorne, Colorado

Outdoor Adventures

White River National Forest

• Explore over 2 million acres of land with endless opportunities for hiking, biking, OHV riding, and more.
• Camp at Blue River Campground or Prospector Campground for a rustic or glamping experience.

Green Mountain Reservoir

• Enjoy boating, fishing, and hiking around the reservoir. Rent equipment at Heeney Marina.
• Hike at Eaglesmere or Surprise Trailheads for scenic views.

Dillon Reservoir

• Hike or bike along the paved path on the north shore, passing by Dillon Marina and Marina Park.
• Rent water toys like pontoon boats, paddleboards, and sailboats in the summer, or go ice-fishing in the winter.

Cross-Country Skiing and Snowshoeing

• Visit the Silverthorne Nordic Center at the Raven Golf Course for cross-country skiing and snowshoeing.
• Explore the Mesa-Cortina Trail to South Willow Creek Falls for a scenic 9.5-mile out-and-back trail.

Golfing

Raven Golf Course at Three Peaks

• Rated the #1 golf course in Colorado, featuring stunning views of Buffalo Mountain and surrounding countryside.
• Suitable for all skill levels with lessons available and a Marshal to ensure a smooth game.
• Enjoy the restaurant with a full bar and outdoor terrace.

Shopping and Dining

Outlets at Silverthorne

• Shop at over 70 name-brand stores with deep discounts.
• Visit the Colorado Welcome Center for trip ideas and planning resources.

Local Restaurants

• Experience the burgeoning restaurant scene with award-winning craft brews and diverse cuisine.
• Check out the Historic Mint Steakhouse for a memorable dining experience.

Cultural and Community Activities

Silverthorne Performing Arts Center

• Attend theater performances by the Theatre SilCo.
• Explore the town’s public-art displays and participate in First Friday events.

Festivals and Events

• Enjoy various summer festivals and events in Silverthorne.
• Participate in the Rocky Mountain Tour de Art from Silverthorne to Steamboat.

Insider Tips

Blue River Trail

• Connect with the Summit County Recreational Pathway System for hiking and biking routes to Dillon, Keystone, and Frisco.

Water Activities

• Engage in rafting, kayaking, stand-up paddleboarding, or sailing on the Blue River and nearby lakes.

Winter Activities

• Access nearby ski resorts like Breckenridge, Keystone, Copper Mountain, Loveland, and Arapahoe Basin.
• Enjoy tubing and sledding at Rainbow Park Sledding Hill, dog sledding tours, and ice fishing.

Family-Friendly Activities

• Use the kid-friendly map of Silverthorne to find suitable activities for families.
• Explore North Pond Park (seasonal) and other family-friendly spots.

By providing these local attractions and insider tips, your Airbnb guests will have a comprehensive guide to make the most of their visit to Silverthorne, Colorado.

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

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

Noise Regulations and Guest Communication

Inform your guests about the quiet hours and noise regulations in the area to avoid complaints and maintain a positive relationship with neighbors. Clearly outline these rules in your digital and physical house manual.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important information. This manual should also cover the use of appliances, heating and cooling systems, and any specific rules or regulations applicable to the property.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, and include photos to help them navigate any specific steps, such as parking instructions.

Parking Instructions

Include detailed parking instructions with photos in your house manual to avoid confusion. This is particularly important in areas where parking is limited or has specific regulations.

By adhering to these tips, you can enhance the guest experience, reduce potential issues, and maintain compliance with local regulations, thereby ensuring a successful and stress-free short-term rental business in Wildernest, Colorado.

While the sources provided do not specifically mention providers based in Wildernest, Colorado, they do list services that operate in the broader Summit County area, which includes Wildernest. Here are some house cleaning and related services that may serve Wildernest:

House Cleaning Services

• A&A Summit Cleaning Services: Offers home cleaning, including one-time, weekly, and deep cleaning services. They serve Summit County, which includes Wildernest.
• Team Clean: Provides residential and commercial cleaning services, including house cleaning, janitorial services, and snow removal. They operate in Silverthorne and other areas of Summit County.

Additional Resources

• Angi: Lists various house cleaners in Silverthorne, CO, some of which may also serve the Wildernest area. This platform allows you to read reviews and compare services.

These services, although based in nearby areas, are likely to serve the Wildernest community given their coverage of Summit County.

Short-Term Rental Management Fees in Wildernest, Colorado

In Wildernest, Colorado, short-term rental management fees can vary significantly, typically ranging from 10% to 30% of the rental revenue, depending on the level of service chosen. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum. For instance, companies like Rocky Mountain Resort Management (RMRM) charge around 25% of the adjusted gross rental income for their full-service packages, which include check-in and check-out services, promotion of the property, and handling of all logistical communications with guests.

On the other hand, basic service levels that offer fewer amenities may incur lower fees. Additionally, property owners should be prepared for extra costs such as cleaning fees, repair expenses, and potential design or improvement fees. These additional charges can include items like cleaning services starting at $79 per reservation, maintenance programs with monthly fees, and other à la carte services that can add to the overall cost of managing a short-term rental property.