Is Summerlin, Nevada Good for Airbnb Investment?

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Summerlin, Nevada Airbnb Investment Overview

Is Airbnb a Good Investment in Summerlin, Nevada?

Investing in Airbnb properties in Summerlin, Nevada, presents a favorable opportunity due to its upscale community appeal, strong local economy, and proximity to the robust tourism of Las Vegas. Current market conditions in Summerlin show steady property value appreciation, supported by its desirability as a residential area with high-quality amenities and schools, which also attracts longer-term visitors. While Summerlin itself isn't a primary tourist destination like the Las Vegas Strip, its quiet, luxurious environment appeals to a segment of tourists and business travelers seeking an alternative to the bustling city center, providing a consistent demand for short-term rentals. This niche market, combined with strong property values and a well-maintained community, indicates solid investment potential for Airbnb operators willing to cater to a discerning clientele, offering a blend of profitability and asset appreciation.

How Much Does an Average Airbnb Earn in Summerlin?

Based on available market data and rental analytics, Airbnb properties in Summerlin, Nevada typically generate between $2,800 to $4,500 in monthly revenue, with luxury homes and those near Red Rock Canyon commanding the higher end of this range. Seasonal variations show peak earnings during spring months (March-May) and fall (September-November) when temperatures are more moderate, with summer months experiencing a 15-20% decline due to extreme heat, while winter maintains steady occupancy from snowbird visitors and convention attendees. Properties with pools, mountain views, and proximity to golf courses like TPC Las Vegas consistently outperform the market average by 25-35%, while factors such as professional photography, responsive host communication, and competitive pricing strategies significantly impact occupancy rates which typically range from 65-80% annually. The average daily rate fluctuates between $150-250 depending on property size and amenities, with larger homes (4+ bedrooms) achieving premium rates during major Las Vegas events and conventions when downtown accommodations reach capacity. Revenue optimization is heavily influenced by the property's distance from the Strip (typically 20-30 minutes), local attractions like Downtown Summerlin shopping district, and the overall condition and staging of the rental unit.

Airbnb Return on Investment in Summerlin

Airbnb investments in Summerlin, Nevada typically generate ROI between 8-14% annually, with higher-end properties near Red Rock Canyon and Downtown Summerlin achieving the upper range due to premium location appeal. The average payback period ranges from 7-12 years depending on initial investment and property type, with condos and townhomes generally offering faster returns than single-family homes. Summerlin's strong tourism market, driven by proximity to Red Rock attractions and Las Vegas entertainment, allows short-term rentals to command average daily rates of $120-180, significantly outperforming long-term rentals which typically yield 6-9% ROI annually. The market benefits from consistent year-round demand with peak seasons during spring and fall months, though investors face higher operational costs including cleaning, maintenance, and property management fees that can reduce net returns by 20-30% compared to traditional rental properties. Overall, Summerlin Airbnb investments outperform long-term rentals by approximately 2-5 percentage points in ROI, making them attractive for investors willing to manage the additional complexity and seasonal fluctuations inherent in short-term rental operations.

Average Airbnb Occupancy Rate in Summerlin

Airbnb occupancy rates in Summerlin, Nevada typically average around 65-70% annually, with significant seasonal variations driven by the area's desert climate and tourism patterns. Peak occupancy occurs during the cooler months from October through April, reaching 75-85% during major events like CES in January and March Madness, while summer months (June through August) see occupancy drop to 45-55% due to extreme heat exceeding 110°F. Spring months (March-May) and fall (September-November) maintain moderate occupancy rates of 60-70% as temperatures become more comfortable for visitors. Summerlin's occupancy rates generally outperform the Nevada state average by 5-10 percentage points due to its upscale residential character, proximity to Red Rock Canyon, and appeal to families and business travelers, while tracking closely with national Airbnb averages of 60-65%, though with more pronounced seasonal swings than destinations with year-round appeal. The area benefits from consistent demand from relocating professionals, visiting family members, and tourists seeking alternatives to crowded Las Vegas Strip accommodations, helping maintain relatively stable occupancy even during traditionally slower periods.

Best Neighborhoods for Airbnb in Summerlin

The best Airbnb investment neighborhoods in Summerlin include The Ridges, which commands premium rates due to its luxury homes and proximity to Red Rock Canyon with stunning mountain views attracting high-end travelers. Downtown Summerlin offers excellent walkability with shopping, dining, and entertainment venues like City National Arena, appealing to both business and leisure travelers seeking convenience. Summerlin Centre provides strong rental demand from its central location and access to major employment centers while maintaining reasonable property acquisition costs. The Crossing features newer construction homes with resort-style amenities that photograph well for listings and attract families visiting nearby recreational areas. Arbors offers a balance of affordability and desirability with well-maintained properties near golf courses and hiking trails. One Summerlin delivers luxury high-rise living with Strip views and upscale amenities that command higher nightly rates from visitors seeking premium accommodations. Tournament Hills rounds out the top choices with its golf course communities and proximity to TPC Las Vegas, attracting golf enthusiasts and groups willing to pay premium rates for spacious homes with recreational access.

Short-term Rental Regulations in Summerlin

Short-term rental regulations in Summerlin, Nevada are primarily governed by Clark County ordinances, which require hosts to obtain a business license and short-term rental permit before operating, with applications processed through the Clark County Business License Department and costing approximately $300-500 annually. Properties are limited to a maximum occupancy of two guests per bedroom plus two additional guests, with parking requirements of one space per bedroom, and rentals are prohibited in areas zoned exclusively residential (R-E) while being permitted in other residential zones with proper licensing. Owner-occupancy is not required for short-term rentals in Summerlin, unlike some other jurisdictions, but properties must be registered with Clark County and comply with health and safety standards including smoke detectors, carbon monoxide detectors, and fire extinguishers. The registration process involves submitting floor plans, proof of insurance, and contact information for a local responsible party available 24/7, with inspections required for initial permits and renewals every two years. Recent regulatory changes implemented in 2022-2023 include stricter noise ordinances with fines up to $1,000 for violations, enhanced enforcement mechanisms, and requirements for hosts to provide guests with information about local regulations and quiet hours, while the county has also increased application fees and extended processing times due to higher demand for short-term rental permits following the COVID-19 pandemic.

Short-term Rental Fees and Taxes in Summerlin

Short-term rentals in Summerlin, Nevada are subject to several fees and taxes including Clark County's transient lodging tax of 13.38% (which includes the base room tax of 12% plus additional tourism and convention authority taxes), Nevada state sales tax of 6.85%, and potential additional local taxes bringing the total tax burden to approximately 20-22% of rental revenue. Property owners must obtain a Clark County business license costing around $300-500 annually, a short-term rental permit fee of approximately $200-400 per year, and may be required to pay a one-time registration fee of $100-200. Additional costs include potential homeowners association fees ranging from $50-200 monthly if applicable, fire department inspection fees of $75-150 annually, and possible zoning compliance fees of $100-300. Some properties may also be subject to the Clark County Commission's short-term rental impact fee of $3,000-5,000 for new registrations, depending on the specific zoning and location within Summerlin's master-planned community boundaries.

Is Airbnb a Good Investment in Summerlin, Nevada?

Investing in Airbnb properties in Summerlin, Nevada, presents a favorable opportunity due to its upscale community appeal, strong local economy, and proximity to the robust tourism of Las Vegas. Current market conditions in Summerlin show steady property value appreciation, supported by its desirability as a residential area with high-quality amenities and schools, which also attracts longer-term visitors. While Summerlin itself isn't a primary tourist destination like the Las Vegas Strip, its quiet, luxurious environment appeals to a segment of tourists and business travelers seeking an alternative to the bustling city center, providing a consistent demand for short-term rentals. This niche market, combined with strong property values and a well-maintained community, indicates solid investment potential for Airbnb operators willing to cater to a discerning clientele, offering a blend of profitability and asset appreciation.

How Much Does an Average Airbnb Earn in Summerlin?

Based on available market data and rental analytics, Airbnb properties in Summerlin, Nevada typically generate between $2,800 to $4,500 in monthly revenue, with luxury homes and those near Red Rock Canyon commanding the higher end of this range. Seasonal variations show peak earnings during spring months (March-May) and fall (September-November) when temperatures are more moderate, with summer months experiencing a 15-20% decline due to extreme heat, while winter maintains steady occupancy from snowbird visitors and convention attendees. Properties with pools, mountain views, and proximity to golf courses like TPC Las Vegas consistently outperform the market average by 25-35%, while factors such as professional photography, responsive host communication, and competitive pricing strategies significantly impact occupancy rates which typically range from 65-80% annually. The average daily rate fluctuates between $150-250 depending on property size and amenities, with larger homes (4+ bedrooms) achieving premium rates during major Las Vegas events and conventions when downtown accommodations reach capacity. Revenue optimization is heavily influenced by the property's distance from the Strip (typically 20-30 minutes), local attractions like Downtown Summerlin shopping district, and the overall condition and staging of the rental unit.

Airbnb Return on Investment in Summerlin

Airbnb investments in Summerlin, Nevada typically generate ROI between 8-14% annually, with higher-end properties near Red Rock Canyon and Downtown Summerlin achieving the upper range due to premium location appeal. The average payback period ranges from 7-12 years depending on initial investment and property type, with condos and townhomes generally offering faster returns than single-family homes. Summerlin's strong tourism market, driven by proximity to Red Rock attractions and Las Vegas entertainment, allows short-term rentals to command average daily rates of $120-180, significantly outperforming long-term rentals which typically yield 6-9% ROI annually. The market benefits from consistent year-round demand with peak seasons during spring and fall months, though investors face higher operational costs including cleaning, maintenance, and property management fees that can reduce net returns by 20-30% compared to traditional rental properties. Overall, Summerlin Airbnb investments outperform long-term rentals by approximately 2-5 percentage points in ROI, making them attractive for investors willing to manage the additional complexity and seasonal fluctuations inherent in short-term rental operations.

Average Airbnb Occupancy Rate in Summerlin

Airbnb occupancy rates in Summerlin, Nevada typically average around 65-70% annually, with significant seasonal variations driven by the area's desert climate and tourism patterns. Peak occupancy occurs during the cooler months from October through April, reaching 75-85% during major events like CES in January and March Madness, while summer months (June through August) see occupancy drop to 45-55% due to extreme heat exceeding 110°F. Spring months (March-May) and fall (September-November) maintain moderate occupancy rates of 60-70% as temperatures become more comfortable for visitors. Summerlin's occupancy rates generally outperform the Nevada state average by 5-10 percentage points due to its upscale residential character, proximity to Red Rock Canyon, and appeal to families and business travelers, while tracking closely with national Airbnb averages of 60-65%, though with more pronounced seasonal swings than destinations with year-round appeal. The area benefits from consistent demand from relocating professionals, visiting family members, and tourists seeking alternatives to crowded Las Vegas Strip accommodations, helping maintain relatively stable occupancy even during traditionally slower periods.

Best Neighborhoods for Airbnb in Summerlin

The best Airbnb investment neighborhoods in Summerlin include The Ridges, which commands premium rates due to its luxury homes and proximity to Red Rock Canyon with stunning mountain views attracting high-end travelers. Downtown Summerlin offers excellent walkability with shopping, dining, and entertainment venues like City National Arena, appealing to both business and leisure travelers seeking convenience. Summerlin Centre provides strong rental demand from its central location and access to major employment centers while maintaining reasonable property acquisition costs. The Crossing features newer construction homes with resort-style amenities that photograph well for listings and attract families visiting nearby recreational areas. Arbors offers a balance of affordability and desirability with well-maintained properties near golf courses and hiking trails. One Summerlin delivers luxury high-rise living with Strip views and upscale amenities that command higher nightly rates from visitors seeking premium accommodations. Tournament Hills rounds out the top choices with its golf course communities and proximity to TPC Las Vegas, attracting golf enthusiasts and groups willing to pay premium rates for spacious homes with recreational access.

Short-term Rental Regulations in Summerlin

Short-term rental regulations in Summerlin, Nevada are primarily governed by Clark County ordinances, which require hosts to obtain a business license and short-term rental permit before operating, with applications processed through the Clark County Business License Department and costing approximately $300-500 annually. Properties are limited to a maximum occupancy of two guests per bedroom plus two additional guests, with parking requirements of one space per bedroom, and rentals are prohibited in areas zoned exclusively residential (R-E) while being permitted in other residential zones with proper licensing. Owner-occupancy is not required for short-term rentals in Summerlin, unlike some other jurisdictions, but properties must be registered with Clark County and comply with health and safety standards including smoke detectors, carbon monoxide detectors, and fire extinguishers. The registration process involves submitting floor plans, proof of insurance, and contact information for a local responsible party available 24/7, with inspections required for initial permits and renewals every two years. Recent regulatory changes implemented in 2022-2023 include stricter noise ordinances with fines up to $1,000 for violations, enhanced enforcement mechanisms, and requirements for hosts to provide guests with information about local regulations and quiet hours, while the county has also increased application fees and extended processing times due to higher demand for short-term rental permits following the COVID-19 pandemic.

Short-term Rental Fees and Taxes in Summerlin

Short-term rentals in Summerlin, Nevada are subject to several fees and taxes including Clark County's transient lodging tax of 13.38% (which includes the base room tax of 12% plus additional tourism and convention authority taxes), Nevada state sales tax of 6.85%, and potential additional local taxes bringing the total tax burden to approximately 20-22% of rental revenue. Property owners must obtain a Clark County business license costing around $300-500 annually, a short-term rental permit fee of approximately $200-400 per year, and may be required to pay a one-time registration fee of $100-200. Additional costs include potential homeowners association fees ranging from $50-200 monthly if applicable, fire department inspection fees of $75-150 annually, and possible zoning compliance fees of $100-300. Some properties may also be subject to the Clark County Commission's short-term rental impact fee of $3,000-5,000 for new registrations, depending on the specific zoning and location within Summerlin's master-planned community boundaries.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Summerlin, Nevada?

To start an Airbnb in Summerlin, Nevada, begin by researching Clark County's short-term rental regulations, which require a business license and transient lodging tax registration through the Nevada Department of Taxation. Obtain necessary permits including a Clark County business license ($300-500 annually), Nevada state business license ($200), and register for the 13% transient occupancy tax collection. Find a suitable property in Summerlin's residential areas, ensuring it complies with HOA restrictions as many Summerlin communities have covenants prohibiting short-term rentals - verify with The Howard Hughes Corporation or specific HOA boards. Purchase comprehensive furnishings including quality bedding, kitchen essentials, WiFi, and safety equipment like smoke detectors and fire extinguishers as required by Nevada fire codes. Create your listing on Airbnb, Vrbo, and other platforms with professional photography highlighting Summerlin's proximity to Red Rock Canyon and Las Vegas Strip (15-20 minutes). Set competitive pricing around $80-150/night based on local market rates, implement dynamic pricing tools, and establish house rules complying with noise ordinances. Manage the property by coordinating cleaning services, maintaining 24/7 guest communication, installing keyless entry systems, and keeping detailed records for tax purposes including the Nevada Modified Business Tax if gross revenue exceeds $4 million annually.

What's the best way to identify good STR properties in Summerlin, Nevada?

To identify profitable STR properties in Summerlin, Nevada, focus on locations within 15-20 minutes of the Las Vegas Strip, near Red Rock Canyon, or close to Downtown Summerlin's shopping and dining districts, as these areas attract both leisure and business travelers. Target properties with 3-4 bedrooms, pools, outdoor spaces, modern amenities, and parking, as families and groups visiting Las Vegas prefer spacious accommodations with resort-like features. Conduct pricing analysis using AirDNA and Mashvisor to identify properties where potential STR revenue exceeds traditional rental income by 30-40%, typically finding opportunities in the $400,000-$700,000 range in neighborhoods like The Ridges, Trails, and Willows. Research competition by analyzing occupancy rates, pricing strategies, and guest reviews of existing STRs within a 2-mile radius using tools like AllTheRooms and STR analytics platforms, focusing on properties that maintain 70%+ occupancy rates year-round. Utilize Summerlin-specific resources including the Howard Hughes Corporation development updates, Las Vegas tourism data from the LVCVA, local STR regulation updates from Clark County, and partner with Summerlin-focused real estate agents who understand HOA restrictions and zoning requirements, while monitoring seasonal demand patterns that peak during conventions, March Madness, and winter months when visitors escape colder climates.

How to get an Airbnb permit in Summerlin, Nevada?

To obtain an Airbnb/STR permit in Summerlin, Nevada, you must apply through Clark County's Business License Department since Summerlin is an unincorporated community within Clark County. Begin by submitting an application online through Clark County's business licensing portal or visit their office at 500 S Grand Central Pkwy, Las Vegas, NV 89155. Required documents include a completed short-term rental application, proof of property ownership or lease agreement with landlord consent, a floor plan of the rental unit, proof of liability insurance (minimum $1 million coverage), a good neighbor brochure for guests, contact information for a local responsible party available 24/7, and payment of applicable fees. The application fee is approximately $300-500 plus annual renewal fees of around $200-300. You must also obtain a Clark County business license (additional $200-400) and comply with HOA regulations if applicable, as many Summerlin communities have restrictions on short-term rentals. The approval process typically takes 4-6 weeks after submitting a complete application. Specific Summerlin requirements include adherence to community HOA covenants which often prohibit or restrict STRs, maximum occupancy limits based on bedrooms plus two additional guests, mandatory posting of emergency contact information, and compliance with noise ordinances and parking restrictions typical of planned communities.

Is it legal to operate a short-term rental in Summerlin, Nevada?

Short-term rentals (STRs) are legal in Summerlin, Nevada, as the community falls under Clark County and Las Vegas jurisdiction, both of which allow STRs with proper licensing and regulation. Property owners must obtain a short-term rental license from Clark County, comply with occupancy limits (typically 2 people per bedroom plus 2 additional guests), maintain liability insurance, and follow noise ordinances and parking restrictions. Some individual homeowners associations (HOAs) within Summerlin's various villages may have their own restrictions or prohibitions on STRs through CC&Rs, so property owners must check both county regulations and their specific HOA rules. Recent changes in 2022-2023 have included stricter enforcement of licensing requirements, enhanced penalties for violations, and improved complaint response systems, while Clark County has maintained its generally permissive stance toward STRs compared to other Nevada jurisdictions that have implemented more restrictive measures.

What are the best places to invest in Airbnb in Summerlin, Nevada?

The best Airbnb investment areas in Summerlin, Nevada include Downtown Summerlin near the shopping and entertainment district, which attracts tourists visiting the outdoor mall, dining venues, and seasonal events like concerts and festivals. The Tournament Players Club (TPC) area near the golf courses draws business travelers and golf enthusiasts year-round, particularly during PGA events and corporate retreats. Neighborhoods close to Red Rock Canyon National Conservation Area benefit from outdoor recreation tourism, hiking enthusiasts, and nature photographers seeking convenient access to the scenic area. The Boca Park vicinity offers proximity to high-end shopping and restaurants, appealing to upscale leisure travelers and business visitors attending meetings at nearby corporate offices. Areas near Summerlin Hospital attract medical tourists and families of patients requiring extended stays. The western edges of Summerlin near the mountains provide scenic views and attract visitors seeking luxury accommodations with desert landscapes, while neighborhoods near major hotels like Red Rock Casino Resort benefit from overflow demand during peak convention seasons and major Las Vegas events when Strip accommodations are at capacity.

Airbnb and lodging taxes in Summerlin, Nevada

Airbnb properties in Summerlin, Nevada are subject to multiple lodging taxes including the Nevada state sales tax of 6.85%, Clark County's transient lodging tax of 12%, and the City of Las Vegas transient occupancy tax of 1%, totaling approximately 19.85% in combined taxes on short-term rental stays. These taxes are typically collected by Airbnb directly from guests at the time of booking through their automated tax collection system, which began around 2017-2018 for Nevada jurisdictions. Airbnb remits these taxes monthly to the appropriate tax authorities including the Nevada Department of Taxation, Clark County, and the City of Las Vegas on behalf of hosts. Hosts must register with local tax authorities and may need to obtain business licenses, with some exemptions potentially available for stays exceeding 30 consecutive days which may be classified as long-term rentals rather than transient lodging. Properties generating less than $4,000 annually in rental income may qualify for certain small business exemptions, though hosts should verify current thresholds as tax rates and collection procedures can change periodically based on local ordinances and state legislation.

Total cost to purchase, furnish and operate an Airbnb in Summerlin, Nevada

To start an Airbnb in Summerlin, Nevada, expect total costs around $650,000-$750,000. Property purchase represents the largest expense at approximately $550,000-$650,000 based on median home prices in this upscale Las Vegas suburb as of 2023-2024. Furnishing costs typically range $25,000-$40,000 for a complete 3-4 bedroom home including furniture, appliances, linens, and décor to create an attractive rental space. Initial setup costs including professional photography, listing creation, and marketing materials run $2,000-$3,000. Permits and fees in Clark County include business license ($300), short-term rental permit ($500-$1,000), and potential HOA approval fees ($200-$500). Insurance costs approximately $2,500-$4,000 annually for landlord and short-term rental coverage. Utility setup and deposits for electricity, water, gas, internet, and cable total around $1,500-$2,500. First six months operating costs including utilities ($1,200-$1,800), cleaning services ($3,000-$4,500), maintenance reserves ($2,000), property management if used ($6,000-$9,000), and marketing expenses ($1,000) add approximately $13,000-$22,000 to initial investment requirements.

Are Airbnb properties in Summerlin, Nevada profitable?

Airbnb properties in Summerlin, Nevada demonstrate strong profitability potential with average nightly rates ranging from $120-280 depending on property size and amenities, generating monthly revenues of $3,600-8,400 for well-managed properties with 70-80% occupancy rates. Operating expenses typically include 25-30% for cleaning and maintenance, 3% Airbnb service fees, 8-12% property management if outsourced, utilities averaging $150-300 monthly, insurance at $100-200 monthly, and property taxes around $200-400 monthly, resulting in total operating costs of 40-50% of gross revenue. Successful Summerlin Airbnb operators like those managing luxury homes near Red Rock Canyon or TPC Las Vegas golf course achieve profit margins of 35-45%, with properties near the Downtown Summerlin shopping district performing particularly well due to proximity to entertainment and dining. Key success factors include professional photography, responsive guest communication, strategic pricing using dynamic tools, maintaining 4.8+ star ratings, and leveraging Summerlin's appeal as a master-planned community with resort-style amenities, golf courses, and easy access to Red Rock National Conservation Area, with many operators reporting annual net profits of $25,000-60,000 per property after accounting for mortgage payments and all expenses.

What is the expected return on investment for an Airbnb in Summerlin, Nevada?

Airbnb investments in Summerlin, Nevada typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% based on current market conditions. Properties in desirable neighborhoods like The Ridges and Red Rock Country Club command premium nightly rates of $150-300, while more affordable areas average $80-150 per night. Initial profitability usually occurs within 12-18 months, assuming 65-75% occupancy rates throughout the year. The proximity to Red Rock Canyon, downtown Las Vegas entertainment, and year-round tourism drives consistent demand, with peak seasons during spring and fall generating 20-30% higher revenues. Investment properties typically require $80,000-150,000 down payment for quality homes, with total acquisition costs ranging from $400,000-750,000 depending on location and amenities. Market appreciation of 4-6% annually combined with rental income creates compound returns, making the typical payback period 8-12 years for full investment recovery while maintaining positive monthly cash flow after the second year of operation.

What company can help me find and buy a profitable Airbnb in Summerlin, Nevada?

STRSearch leads the market in helping investors identify profitable short-term rental properties nationwide including Summerlin, Nevada. Local Las Vegas real estate agents specializing in Airbnb investments include The Stark Team at Berkshire Hathaway, Luxury Homes of Las Vegas, and Simply Vegas Real Estate Group who focus on Summerlin's resort-style communities. National services like Awning, RedAwning, and Mashvisor provide comprehensive market analysis and property sourcing for the Las Vegas Valley area. AirDNA offers detailed revenue projections for Summerlin properties, while companies like Vacasa and AvantStay help with property management post-purchase. Local investment firms such as Las Vegas Real Estate Investments and Nevada Real Estate Corp have specialized knowledge of Summerlin's HOA regulations and tourist patterns. BiggerPockets marketplace connects investors with Summerlin-focused agents, and Roofstock has expanded into the short-term rental space with curated Las Vegas area properties. Additional services include STR Helper for market analysis, Hostfully for property management setup, and local companies like Vegas Vacation Rentals that offer turnkey investment solutions in Summerlin's master-planned communities near Red Rock Canyon and Downtown Summerlin attractions.

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