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Part of the ever-popular Outer Banks region, Cape Hatteras lies within a small bend of Hatteras Island and is a spit of land that juts right into the Atlantic Ocean. For travelers who crave the heat, Cape Hatteras offers long, hot summers, which are made bearable by access to water in nearly every direction. With almost 70 miles of scenic beaches along the Cape Hatteras National Seashore, guests have more than enough room to mark their personal space with a beach blanket and enjoy the unobstructed ocean views. While the area has all kinds of lodging options, guests often opt for vacation rentals, as they can easily lug their belongings to the shore and back with ease. With interest rates so low, and travelers’ preferences shifting toward vacation rentals over hotels, we’re seeing increased interest in purchasing vacation homes. While mortgage rates have dropped across the board, those on second homes are being offered around 3.5%, depending on the lender.
Named a top-20 must-visit destination by National Geographic, the Hudson Valley has something for everyone. Agritourism is especially big in the Hudson Valley region, with many farmers markets, food festivals and orchards lining the riverfront. Whether you’re looking to keep it for you and your family or want the option for rental income, this list of the best vacation home locations can get you started thinking about where might fit your lifestyle best. Not only is Oscoda for beach lovers, but it appeals to hikers as well—Huron National Forest contains miles and miles of endless adventures for those who love the wooded areas. With a vacation home in Oscoda, you’ll have easy access to fishing, canoeing, and other fun outdoor activities.
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Visitors can take historic tours of the city, go windsurfing at Anastasia State Park, hit the golf course, and much more. The occupancy rate measures how often rental properties in this area are booked. This rate is determined by dividing the total number of booked days in an area by the total of days available for rent. And hiring a real estate agent who is local to the area are two important things to consider when buying a vacation home far from where you live. Looking for one of the best places to buy a vacation home in California?
Fredericksburg, situated in the Texas Hill Country about 1.5 hours from both Austin and San Antonio, has more than 50 wineries. If you’re a wine connoisseur and looking for the best place to buy a vacation home near wine country, Fredericksburg, Texas, is the place for you. The median listing price for a home in this town is about $625,000.
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Outside of Travel + Leisure, her work has appeared in USA Today, Elite Traveler, Forbes, Wine Enthusiast, Michelin guides, and Hemispheres, among others. From Florida to Oregon, these quaint towns offer understated luxury in a serene environment. Perkins was founding editor of Consumer Reports Travel Letter, one of the country's most influential travel publications, from which he retired in 1998. Davenport, Florida, situated in between Tampa and Orlando, is located amid a network of lakes.
If you’re in the market to purchase a vacation home in Gulf Shores, we expect it’ll set you back just over $400,000—but with a 7.1% cap rate, you can easily offset costs. Since a vacation home serves dual purposes, it is considered one of the least risky real estate investments. When buying a vacation home, the first thing to remember is to ensure you buy from the best locations.
Top 25 best places to buy a vacation home
After a day outdoors, visitors can head to Duval Street, which offers a variety of venues for a cold drink and live music. For those interested in diving into the history of the area, there are plenty of local museums, but a more unique way to start the day is to ride one of the trains or trolleys as the conductor dictates stories from the area. In this small coastal Oregon town, storm watching may be more common than sunbathing, but there are still plenty of reasons to visit Seaside. For guests needing to stretch their legs, the entire town is walkable or bikeable, and there’s plenty to explore without leaving the area . A must-do is to simply stroll Seaside’s 100-year-old promenade, taking in views of oceanfront homes—many of them investment properties—and local landmarks.
Indoor and outdoor attractions, restaurants, bars, ski villages, events, and festivals mentioned within local market descriptions may be closed or cancelled, or may have limited service due to COVID-19. Before visiting, you are encouraged to check local regulations for the latest information. Lastly, another major factor to consider when choosing the location to buy your vacation home is the short-term rental laws and regulations that govern the Airbnb industry. Before buying a vacation home, there are things you must consider, laws you must take note of, and your return on investment on the property you intend to invest in. Orders properties by total number of reviews attached to the listing , irrespective of average score. Where there is a listing with the same number of reviews as another , properties are sorted according to their proximity to the searched location.
The "Sunset Capital of Alabama" lies on a narrow, 14-mile barrier island off the state's Gulf of Mexico coast. A protected bird sanctuary in its entirety, Dauphin Island is also home to some 1,300 permanent human residents. Attractions include the Audubon Bird Sanctuary, the Dauphin Island Sea Lab, historic Fort Gaines, white sand beaches, public golf courses, marinas and parks. For more, visit the town's tourism website at Townofdauphinisland.org/visitors. "Buying a vacation rental property requires more consideration than simply where you'd enjoy owning a vacation home that you could visit a few times a year," said Shaun Greer, Vacasa's senior director of real estate. This town is small and has few year-round residents but remains a big tourist destination for its miles of beaches and beautiful views of the ocean.
With seven miles of sandy beaches, Rockaway Beach has always been a popular vacation spot on the Oregon coast. But unlike famous towns such as Cannon Beach, Manzanita, and Seaside, this picture-perfect slice of Oregon has managed to stay relatively under the radar, so visitors — and second homeowners — are treated to fewer crowds. From New Jersey to Oregon all the way to Hawaii, there are plenty of oceanfront communities that offer a quintessential laid-back beach vibe.
Kings Beach is one of the best places to own a vacation home simply because of the sheer number of things to do and see. Rent a couple of kayaks or stand-up paddleboards and take them out on Agate Bay or sunbathe on the beach if you want to take it easy. Hikers can get out on the trails in the mountains surrounding Lake Tahoe. Kissimmee is only 32 miles from Orlando and is only a 20-minute drive to Walt Disney World® Resort. Many tourists looking to stay outside of the theme parks tend to search for spots in Kissimmee.
In February 2022, the median sales price on the island was $2.15 million, an increase of $437,500 compared to last year, according to a market report by Long & Foster. Gensemer added that only 14% of homes are used year-round, making Seven Mile Island the ultimate summer getaway for most homeowners. "It's a family town. People come here as a family, as they've been doing for generations," said Jennifer Gensemer, an agent in Long & Foster, Luxury Portfolio International's Avalon, New Jersey, sales office. Residents enjoy golfing, tennis, bocce, pickleball, and an endless list of water sports.
While most vacation destinations have worthwhile activities and attractions year-round, Deep Creek Lake is one of those places that truly offers four-season fun. In the summer months, guests can take to the state’s largest inland lake for boating, tubing, and waterskiing. In the winter months, skiers and snowboarders escape to Wisp Resort in the Western Maryland mountains, where they can glide down 33 slopes totaling 11 miles of terrain. Another Georgia market made our 2020 Best Places to Buy a Vacation Home list, moving up one spot from its 2019 position at #11. Guests to the Blue Ridge area describe it as one of the most naturally beautiful destinations in the country, and we don’t disagree. The mountain range, which is known for its blue hue, is a stunning backdrop to everything the area has to offer.
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