Is Coalville, Utah Good for Airbnb Investment?

To start an Airbnb in Coalville, Utah, begin by researching Summit County's short-term rental regulations, which typically require a business license and conditional use permit for properties operating as vacation rentals for less than 30 days. Contact Summit County Planning Department to obtain the necessary Conditional Use Permit (CUP) and business license, which may cost $200-500 and require neighbor notification and planning commission approval. Find a suitable property in Coalville's residential zones, ensuring it meets county requirements for parking, septic capacity, and fire safety standards. Purchase comprehensive furnishings including quality bedding, kitchen essentials, WiFi, and outdoor equipment suitable for the area's recreational activities like skiing and hiking. Create your Airbnb listing with professional photos highlighting Coalville's proximity to Park City ski resorts and outdoor recreation, pricing competitively at $150-300 per night depending on season and property size. Implement management systems including 24/7 guest communication, professional cleaning between stays, regular property maintenance, and compliance with Summit County's occupancy limits (typically 2 people per bedroom plus 2 additional guests) and quiet hours ordinances to maintain good neighbor relations in this small mountain community.

To identify profitable STR properties in Coalville, Utah, focus on locations within 15-20 minutes of Park City ski resorts and recreational areas, prioritizing properties with mountain or valley views near Highway 80 for easy access. Target 3-4 bedroom homes or cabins built after 1990 with outdoor amenities like hot tubs, fire pits, and large decks that can accommodate 6-10 guests, as these command premium rates of $200-400 per night during ski season and $150-250 in summer. Analyze pricing using AirDNA and Mashvisor to track seasonal demand patterns, with peak periods during Sundance Film Festival (January), ski season (December-March), and summer recreation months (June-September). Research competition by monitoring existing STRs within a 5-mile radius on Airbnb and VRBO, noting occupancy rates typically range 60-75% annually in this market. Utilize tools like Rabbu for Summit County STR regulations compliance, STRDataLab for Coalville-specific market analytics, and connect with local property managers like Summit County Vacation Rentals or Park City Property Management who understand the area's seasonal tourism patterns and can provide insights on properties generating $40,000-80,000 annually depending on size and location.

To obtain an Airbnb/STR permit in Coalville, Utah, you must first contact the Summit County Planning Department at 60 North Main Street, Coalville, UT 84017, as Coalville falls under Summit County jurisdiction for short-term rental regulations. Begin by submitting a Conditional Use Permit application along with a site plan showing your property layout, proof of property ownership or lease agreement, a business license application, proof of liability insurance (minimum $1 million coverage), a septic system inspection report if applicable, and a fire safety inspection certificate. The application fee is approximately $500-750 for the conditional use permit plus $150 for the business license. You'll need to attend a public hearing before the Planning Commission, which typically occurs 4-6 weeks after application submission. The entire process usually takes 60-90 days from initial application to final approval. Specific Coalville requirements include maintaining adequate parking (minimum 2 spaces per unit), ensuring the property meets all building and fire codes, limiting occupancy to 2 people per bedroom plus 2 additional guests, providing 24/7 contact information to neighbors and the county, and adhering to noise ordinances with quiet hours from 10 PM to 7 AM. Annual renewal is required with a $100 fee, and you must maintain detailed guest records and remit applicable transient room taxes to Summit County.

Short-term rentals (STRs) are generally legal in Coalville, Utah, but are subject to Summit County regulations since Coalville is the county seat and operates under county jurisdiction for many land use matters. As of recent years, Summit County has implemented STR regulations that typically require business licenses, safety inspections, occupancy limits, parking requirements, and compliance with fire and building codes. Properties must often meet specific zoning requirements, with some residential zones having restrictions on the number of STRs permitted per area or requiring conditional use permits. The county has been actively updating its STR ordinances since around 2020-2022 to address community concerns about housing availability and neighborhood impacts, implementing measures such as caps on STR density in certain areas, mandatory local contact persons, and noise regulations. Property owners in Coalville should verify current requirements with Summit County's planning department, as regulations have evolved to balance tourism revenue with residential community preservation, and some areas may have specific prohibitions or additional restrictions based on zoning classifications and neighborhood input.

The best areas for Airbnb investment in Coalville, Utah are the Historic Main Street district, which attracts visitors interested in the town's coal mining heritage and serves as a convenient stopover for travelers heading to nearby Park City; the residential neighborhoods near Echo Reservoir, popular with fishing enthusiasts, boaters, and summer recreation visitors; areas close to the Weber River corridor that appeal to fly fishing tourists and outdoor recreation enthusiasts year-round; properties within walking distance of the Summit County Fairgrounds which hosts events throughout the summer drawing regional visitors; and neighborhoods with mountain views near the foothills that attract guests seeking a quieter alternative to Park City's higher prices while still being within 20 minutes of world-class skiing at Park City Mountain Resort and Deer Valley, making these areas particularly attractive during ski season (December-April) and summer festival season when Park City accommodations are at premium pricing.

Airbnb properties in Coalville, Utah are subject to multiple lodging taxes including Utah state transient room tax of 4.25%, Summit County transient room tax of approximately 3-4%, and potentially local Coalville municipal lodging taxes of around 1-2%. These taxes are typically collected automatically by Airbnb through their platform for most bookings and remitted directly to the appropriate tax authorities on behalf of hosts, though hosts should verify their specific obligations with local tax offices. The Utah State Tax Commission requires registration for transient room tax collection, while Summit County also mandates separate registration for county-level taxes. Properties rented for less than 30 consecutive days are generally subject to these taxes, with limited exemptions for certain long-term stays or specific property types. Hosts who collect taxes independently must remit state taxes monthly if collections exceed $1,000 or quarterly for smaller amounts, while county and local taxes typically follow similar monthly or quarterly remittance schedules depending on collection volume.

Starting an Airbnb in Coalville, Utah requires approximately $450,000-$550,000 in total initial investment. Property purchase costs around $400,000 based on median home prices in the area as of 2023-2024. Furnishing a 3-bedroom property typically costs $15,000-$25,000 including beds, linens, kitchen essentials, living room furniture, and decor. Initial setup expenses including professional photography, listing creation, and basic renovations total approximately $3,000-$5,000. Permits and fees in Summit County range from $500-$1,500 depending on local regulations and business license requirements. Insurance costs including liability and property coverage specifically for short-term rentals run $2,000-$3,500 annually. Utility setup and deposits for electricity, gas, water, internet, and cable total around $1,000-$2,000. First six months of operating costs including utilities ($300/month), cleaning supplies and services ($200/month), maintenance reserves ($150/month), and marketing expenses ($100/month) amount to approximately $4,500. Additional considerations include property management software subscriptions at $50-$100 monthly and potential HOA fees if applicable, bringing the comprehensive startup investment to the upper end of the estimated range.

Airbnb properties in Coalville, Utah typically generate annual revenues between $15,000-$35,000 depending on property size and proximity to Park City ski resorts, with average daily rates ranging from $80-$180 during peak winter months and $60-$120 in summer. Operating expenses generally consume 40-60% of gross revenue, including cleaning fees ($50-$80 per turnover), property management (15-25% of revenue), utilities ($200-$400 monthly), insurance ($1,200-$2,000 annually), and maintenance costs averaging $3,000-$5,000 yearly. Properties within 20 minutes of Park City Resort achieve higher occupancy rates of 65-75% annually compared to 45-60% for more remote locations, with successful operators like those managing cabins near Echo Reservoir reporting net profit margins of 25-35% by focusing on outdoor recreation marketing and maintaining 4.8+ star ratings. Key success factors include professional photography showcasing mountain views, strategic pricing during Sundance Film Festival and ski season, partnerships with local activity providers, and rapid response times to guest inquiries, with top-performing properties investing in hot tubs, fire pits, and game rooms to justify premium pricing and achieve average annual net profits of $8,000-$15,000 per property.

Based on Coalville, Utah market conditions, Airbnb investments typically generate annual ROI of 12-18% due to the area's proximity to Park City ski resorts and outdoor recreation activities. Cash-on-cash returns generally range from 8-14% annually, with properties near Echo Reservoir and those offering mountain views commanding premium rates of $150-250 per night during peak ski season (December-March) and summer months (June-August). Most investors achieve profitability within 18-24 months, assuming a 20-25% down payment on properties valued between $400,000-600,000. The market benefits from consistent demand from Park City overflow visitors, with occupancy rates averaging 65-75% annually, though investors should account for seasonal fluctuations and higher property management costs in this rural mountain community located 45 minutes from major ski destinations.

STRSearch is a leading national platform that specializes in identifying profitable short-term rental properties for Airbnb investors in Coalville, Utah, offering comprehensive market analysis and property recommendations. Local real estate agents serving the Coalville area include Summit County specialists like Windermere Real Estate and Coldwell Banker who have experience with vacation rental properties near Park City. National services like Awning, RedAwning, and Vacasa provide end-to-end Airbnb investment solutions including property identification, purchase assistance, and management services in Utah markets. AirDNA and Mashvisor offer data analytics platforms to help investors analyze Airbnb profitability in the Coalville region, while companies like Roofstock and Arrived Homes focus on turnkey rental property investments. Local property management companies such as Park City Property Management and Utah Mountain Escapes can assist with identifying investment opportunities and provide ongoing Airbnb management services. BiggerPockets marketplace and LoopNet also feature short-term rental investment properties in the greater Summit County area, and national franchises like RE/MAX and Keller Williams have agents experienced in vacation rental investments throughout Utah's ski country markets.