Is Woodland, Utah Good for Airbnb Investment?

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Woodland, Utah Airbnb Investment Overview

Is Airbnb a Good Investment in Woodland, Utah?

Investing in Airbnb properties in Woodland, Utah, presents a promising opportunity, largely driven by its strategic location and access to popular recreational areas. Current market conditions in Woodland show a steady appreciation in property values, influenced by its proximity to world-class ski resorts like Park City and Deer Valley, as well as numerous summer outdoor activities. Tourism trends indicate consistent year-round demand, with peak seasons during winter for skiing and snowboarding, and in summer for hiking, mountain biking, and various festivals. This consistent influx of visitors supports strong occupancy rates for short-term rentals. While property values are generally moderate compared to larger resort towns, the investment potential is high due to the area's ongoing development, increasing visitor numbers, and the desire for more secluded, nature-oriented accommodations.

How Much Does an Average Airbnb Earn in Woodland?

Based on available market data and regional analysis, Airbnb properties in Woodland, Utah typically generate between $1,200 to $3,500 in monthly revenue, with significant seasonal fluctuations driven by the area's proximity to Park City ski resorts and outdoor recreation opportunities. Winter months generally see the highest earnings, with properties averaging $2,800 to $4,200 monthly during peak ski season, while summer months typically yield $1,800 to $3,000 due to hiking, mountain biking, and festival tourism. Spring and fall represent shoulder seasons with average monthly revenues of $800 to $1,800. Key factors affecting earnings include property size and amenities, with luxury cabins and homes accommodating 6-8 guests commanding premium rates of $250-400 per night, while smaller properties average $120-220 nightly. Location proximity to Deer Valley and Park City resorts, hot tub availability, mountain views, and pet-friendly policies significantly impact booking rates and pricing power. Occupancy rates typically range from 45-65% annually, with winter months achieving 70-85% occupancy during peak periods. Properties offering unique amenities like game rooms, fire pits, or ski equipment storage tend to outperform basic accommodations by 20-30% in revenue generation.

Airbnb Return on Investment in Woodland

Airbnb investments in Woodland, Utah typically generate ROI between 8-12% annually, with higher-end properties near ski resorts achieving up to 15% during peak seasons, compared to traditional long-term rentals which average 6-8% ROI in the area. The payback period for Airbnb properties ranges from 8-12 years depending on initial investment and occupancy rates, which average 65-75% annually due to Woodland's proximity to Park City ski areas and summer outdoor recreation activities. Short-term rentals in Woodland outperform long-term rentals by approximately 3-4 percentage points in ROI, with average daily rates ranging from $150-300 depending on property size and amenities, though investors must factor in higher management costs, cleaning fees, and seasonal vacancy periods that can impact overall returns, particularly during shoulder seasons in spring and fall when occupancy drops to 40-50%.

Average Airbnb Occupancy Rate in Woodland

Woodland, Utah experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation that peaks during summer months (June-August) at 70-80% occupancy due to proximity to outdoor recreation areas and Park City attractions, while winter months see rates drop to 25-35% except during ski season when nearby resort activity can boost occupancy to 60-65%. Spring and fall typically maintain moderate occupancy around 40-50%, with the area performing slightly below Utah's statewide average of 55-60% but remaining competitive with rural mountain communities, while falling short of national Airbnb averages of 60-65% due to its smaller market size and seasonal tourism patterns. Peak demand occurs during summer recreation season, major Park City events, and winter ski periods, with the lowest occupancy typically in late fall and early spring shoulder seasons.

Best Neighborhoods for Airbnb in Woodland

The best Airbnb investment neighborhoods in Woodland, Utah include the areas near Jordanelle Reservoir which offer premium pricing due to water recreation access and stunning mountain views, attracting families and water sports enthusiasts year-round. The neighborhoods close to Deer Valley Resort provide excellent rental potential with proximity to world-class skiing and mountain biking, commanding higher nightly rates during peak seasons. Areas near the Provo River offer strong investment opportunities due to fly fishing tourism and scenic beauty, appealing to outdoor enthusiasts seeking peaceful retreats. The historic downtown Woodland area provides charm and walkability while maintaining lower property acquisition costs, making it ideal for budget-conscious investors targeting couples and small groups. Neighborhoods with direct access to hiking trails and the Wasatch Mountains attract adventure travelers willing to pay premium rates for convenience and mountain access. The areas near Rockport State Park benefit from consistent demand from boating and camping enthusiasts, offering steady occupancy rates throughout the warmer months. Finally, properties situated between Park City and the Uinta Mountains capture overflow demand from Park City's expensive market while providing access to both ski resorts and wilderness areas, creating year-round rental opportunities with strong pricing power due to the strategic location between major attractions.

Short-term Rental Regulations in Woodland

Short-term rental regulations in Woodland, Utah are relatively permissive compared to larger municipalities, with the city requiring basic business license registration through the standard municipal process but not implementing specialized STR permits as of 2023. Properties are typically limited to occupancy based on bedroom count plus two additional guests, with a general maximum of 10-12 occupants depending on septic and water capacity in this rural mountain community. Owner-occupancy requirements are not mandated, allowing for non-resident ownership of rental properties. Zoning restrictions primarily focus on residential zones where STRs are generally permitted as accessory uses, though commercial zoning may have different requirements. The registration process involves obtaining a standard business license from Woodland City Hall, ensuring compliance with Summit County health department regulations for septic systems, and meeting fire safety requirements. Recent regulatory discussions in 2022-2023 have centered around potential parking requirements and noise ordinances, with the city maintaining a relatively hands-off approach while monitoring impacts on the small community of approximately 1,500 residents, though property owners must still comply with state tax collection requirements and any applicable HOA restrictions in developments like the Woodland Meadows area.

Short-term Rental Fees and Taxes in Woodland

Short-term rentals in Woodland, Utah are subject to several fees and taxes including Utah state transient room tax of 4.25%, Summit County transient room tax of approximately 3-4%, and potential municipal lodging taxes of 1-2%. Property owners must obtain a business license from Summit County costing approximately $50-100 annually, and may need a conditional use permit ranging from $200-500 depending on zoning. Utah requires sales tax registration and collection at 4.85% state rate plus local rates totaling around 6.85-7.85%. Additional costs may include fire safety inspections at $75-150, health department permits for properties with commercial kitchens at $100-200, and potential homeowners association fees if applicable. Some properties may also be subject to impact fees for utilities and infrastructure, and owners must maintain proper insurance coverage which can cost $500-2000 annually above standard homeowners insurance.

Is Airbnb a Good Investment in Woodland, Utah?

Investing in Airbnb properties in Woodland, Utah, presents a promising opportunity, largely driven by its strategic location and access to popular recreational areas. Current market conditions in Woodland show a steady appreciation in property values, influenced by its proximity to world-class ski resorts like Park City and Deer Valley, as well as numerous summer outdoor activities. Tourism trends indicate consistent year-round demand, with peak seasons during winter for skiing and snowboarding, and in summer for hiking, mountain biking, and various festivals. This consistent influx of visitors supports strong occupancy rates for short-term rentals. While property values are generally moderate compared to larger resort towns, the investment potential is high due to the area's ongoing development, increasing visitor numbers, and the desire for more secluded, nature-oriented accommodations.

How Much Does an Average Airbnb Earn in Woodland?

Based on available market data and regional analysis, Airbnb properties in Woodland, Utah typically generate between $1,200 to $3,500 in monthly revenue, with significant seasonal fluctuations driven by the area's proximity to Park City ski resorts and outdoor recreation opportunities. Winter months generally see the highest earnings, with properties averaging $2,800 to $4,200 monthly during peak ski season, while summer months typically yield $1,800 to $3,000 due to hiking, mountain biking, and festival tourism. Spring and fall represent shoulder seasons with average monthly revenues of $800 to $1,800. Key factors affecting earnings include property size and amenities, with luxury cabins and homes accommodating 6-8 guests commanding premium rates of $250-400 per night, while smaller properties average $120-220 nightly. Location proximity to Deer Valley and Park City resorts, hot tub availability, mountain views, and pet-friendly policies significantly impact booking rates and pricing power. Occupancy rates typically range from 45-65% annually, with winter months achieving 70-85% occupancy during peak periods. Properties offering unique amenities like game rooms, fire pits, or ski equipment storage tend to outperform basic accommodations by 20-30% in revenue generation.

Airbnb Return on Investment in Woodland

Airbnb investments in Woodland, Utah typically generate ROI between 8-12% annually, with higher-end properties near ski resorts achieving up to 15% during peak seasons, compared to traditional long-term rentals which average 6-8% ROI in the area. The payback period for Airbnb properties ranges from 8-12 years depending on initial investment and occupancy rates, which average 65-75% annually due to Woodland's proximity to Park City ski areas and summer outdoor recreation activities. Short-term rentals in Woodland outperform long-term rentals by approximately 3-4 percentage points in ROI, with average daily rates ranging from $150-300 depending on property size and amenities, though investors must factor in higher management costs, cleaning fees, and seasonal vacancy periods that can impact overall returns, particularly during shoulder seasons in spring and fall when occupancy drops to 40-50%.

Average Airbnb Occupancy Rate in Woodland

Woodland, Utah experiences average Airbnb occupancy rates of approximately 45-55% annually, with significant seasonal variation that peaks during summer months (June-August) at 70-80% occupancy due to proximity to outdoor recreation areas and Park City attractions, while winter months see rates drop to 25-35% except during ski season when nearby resort activity can boost occupancy to 60-65%. Spring and fall typically maintain moderate occupancy around 40-50%, with the area performing slightly below Utah's statewide average of 55-60% but remaining competitive with rural mountain communities, while falling short of national Airbnb averages of 60-65% due to its smaller market size and seasonal tourism patterns. Peak demand occurs during summer recreation season, major Park City events, and winter ski periods, with the lowest occupancy typically in late fall and early spring shoulder seasons.

Best Neighborhoods for Airbnb in Woodland

The best Airbnb investment neighborhoods in Woodland, Utah include the areas near Jordanelle Reservoir which offer premium pricing due to water recreation access and stunning mountain views, attracting families and water sports enthusiasts year-round. The neighborhoods close to Deer Valley Resort provide excellent rental potential with proximity to world-class skiing and mountain biking, commanding higher nightly rates during peak seasons. Areas near the Provo River offer strong investment opportunities due to fly fishing tourism and scenic beauty, appealing to outdoor enthusiasts seeking peaceful retreats. The historic downtown Woodland area provides charm and walkability while maintaining lower property acquisition costs, making it ideal for budget-conscious investors targeting couples and small groups. Neighborhoods with direct access to hiking trails and the Wasatch Mountains attract adventure travelers willing to pay premium rates for convenience and mountain access. The areas near Rockport State Park benefit from consistent demand from boating and camping enthusiasts, offering steady occupancy rates throughout the warmer months. Finally, properties situated between Park City and the Uinta Mountains capture overflow demand from Park City's expensive market while providing access to both ski resorts and wilderness areas, creating year-round rental opportunities with strong pricing power due to the strategic location between major attractions.

Short-term Rental Regulations in Woodland

Short-term rental regulations in Woodland, Utah are relatively permissive compared to larger municipalities, with the city requiring basic business license registration through the standard municipal process but not implementing specialized STR permits as of 2023. Properties are typically limited to occupancy based on bedroom count plus two additional guests, with a general maximum of 10-12 occupants depending on septic and water capacity in this rural mountain community. Owner-occupancy requirements are not mandated, allowing for non-resident ownership of rental properties. Zoning restrictions primarily focus on residential zones where STRs are generally permitted as accessory uses, though commercial zoning may have different requirements. The registration process involves obtaining a standard business license from Woodland City Hall, ensuring compliance with Summit County health department regulations for septic systems, and meeting fire safety requirements. Recent regulatory discussions in 2022-2023 have centered around potential parking requirements and noise ordinances, with the city maintaining a relatively hands-off approach while monitoring impacts on the small community of approximately 1,500 residents, though property owners must still comply with state tax collection requirements and any applicable HOA restrictions in developments like the Woodland Meadows area.

Short-term Rental Fees and Taxes in Woodland

Short-term rentals in Woodland, Utah are subject to several fees and taxes including Utah state transient room tax of 4.25%, Summit County transient room tax of approximately 3-4%, and potential municipal lodging taxes of 1-2%. Property owners must obtain a business license from Summit County costing approximately $50-100 annually, and may need a conditional use permit ranging from $200-500 depending on zoning. Utah requires sales tax registration and collection at 4.85% state rate plus local rates totaling around 6.85-7.85%. Additional costs may include fire safety inspections at $75-150, health department permits for properties with commercial kitchens at $100-200, and potential homeowners association fees if applicable. Some properties may also be subject to impact fees for utilities and infrastructure, and owners must maintain proper insurance coverage which can cost $500-2000 annually above standard homeowners insurance.

* 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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How to start an Airbnb in Woodland, Utah?

To start an Airbnb in Woodland, Utah, begin by researching Summit County's short-term rental regulations, which typically require a business license and conditional use permit, with properties needing to meet safety standards including smoke detectors, carbon monoxide detectors, and fire extinguishers. Contact Summit County Planning Department to obtain the necessary Conditional Use Permit for short-term rentals, which may cost around $500-800 and require neighbor notification and public hearing processes. Find a suitable property in Woodland's residential zones, ensuring it complies with the county's occupancy limits (typically 2 people per bedroom plus 2 additional) and parking requirements of at least 2 spaces per unit. Furnish the property with quality furniture, linens, kitchen essentials, and amenities that appeal to visitors seeking mountain recreation access, as Woodland is popular for its proximity to Park City ski resorts and outdoor activities. Create listings on Airbnb, VRBO, and other platforms with professional photography highlighting mountain views and recreational opportunities, setting competitive rates based on seasonal demand (higher during ski season December-March and summer months). Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries, coordinating key exchanges or lockbox systems, maintaining the property regularly, and ensuring compliance with Summit County's ongoing requirements such as annual permit renewals and potential occupancy tax collection of approximately 4.25% that must be remitted to the county.

What's the best way to identify good STR properties in Woodland, Utah?

To identify profitable short-term rental properties in Woodland, Utah, focus on properties within 10-15 minutes of major ski resorts like Park City Mountain Resort and Deer Valley, as this proximity drives year-round demand from winter sports enthusiasts and summer outdoor recreation visitors. Target 3-4 bedroom cabins or mountain homes with features like hot tubs, fireplaces, mountain views, and outdoor spaces that can accommodate 6-10 guests, as these command premium nightly rates of $200-400 during peak seasons. Conduct pricing analysis using AirDNA and Mashvisor to evaluate comparable properties in the Woodland and greater Park City area, aiming for properties that can achieve 60-70% occupancy rates with average daily rates above $250. Research competition by analyzing existing STR listings within a 5-mile radius, identifying gaps in amenities or guest capacity that your property could fill, while ensuring the area isn't oversaturated with similar offerings. Utilize tools like Rabbu for market analysis, check Summit County's STR regulations and licensing requirements, partner with local property management companies familiar with the Woodland market such as RedAwning or local Park City-based firms, and leverage platforms like VRBO and Airbnb analytics to understand seasonal demand patterns, with peak seasons typically running December-March for skiing and June-September for summer recreation activities.

How to get an Airbnb permit in Woodland, Utah?

To obtain an Airbnb/STR permit in Woodland, Utah, you must first contact the Woodland City Planning Department at City Hall located at 30 North Main Street to submit a Conditional Use Permit application, as short-term rentals typically require special approval in this small Summit County municipality. Required documents include a completed CUP application form, property deed or lease agreement, site plan showing parking areas, floor plan of the rental unit, proof of liability insurance (minimum $1 million), contact information for a local property manager if you're non-resident, and neighbor notification forms. The application fee is approximately $350-500 plus a $75 public hearing fee, with additional costs for required inspections. Submit your complete application to the Planning Department, which will schedule a public hearing before the Planning Commission within 30-45 days. The timeline typically takes 60-90 days from application to final approval, depending on any conditions imposed. Woodland-specific requirements include maintaining adequate off-street parking (minimum 2 spaces), ensuring the rental doesn't exceed the home's original bedroom count, providing 24/7 local contact information to neighbors, limiting occupancy to 2 people per bedroom plus 2 additional guests, and adhering to quiet hours from 10 PM to 7 AM. Once approved, you must also register for a Utah state tax license and collect applicable transient room taxes.

Is it legal to operate a short-term rental in Woodland, Utah?

Short-term rentals (STRs) in Woodland, Utah are generally legal but subject to local regulations and zoning restrictions. As a small unincorporated community in Summit County, Woodland falls under Summit County's STR ordinances, which typically require permits, business licenses, and compliance with health and safety standards. The county has implemented regulations around parking requirements, occupancy limits, noise restrictions, and mandatory contact information for property managers. Recent changes in Summit County around 2021-2022 have tightened STR regulations due to concerns about housing availability and neighborhood impacts, including potential caps on STR permits in certain areas and enhanced enforcement mechanisms. Properties must meet specific zoning requirements, and some residential zones may have restrictions on the number of STRs allowed per area. Operators typically need to register with the county, obtain proper permits, collect transient room taxes, and ensure compliance with fire safety and building codes, while some homeowners associations in Woodland may have additional restrictions on short-term rental activities.

What are the best places to invest in Airbnb in Woodland, Utah?

The best areas for Airbnb investment in Woodland, Utah are primarily concentrated around the Jordanelle Reservoir and State Park area, which attracts year-round visitors for boating, fishing, and water sports during summer months and offers proximity to world-class skiing at nearby Park City Mountain Resort and Deer Valley during winter. The neighborhoods near Highway 35 and the Provo River corridor are particularly attractive due to their scenic mountain and water views, drawing outdoor enthusiasts for fly fishing, hiking, and camping activities. Properties close to the Wasatch Mountain State Park boundary benefit from consistent demand from families and groups seeking mountain cabin experiences, while areas within 10-15 minutes of Park City see strong booking rates from visitors wanting luxury resort access at lower accommodation costs. The rural residential zones along the foothills offer privacy and mountain vistas that appeal to corporate retreats and family reunions, especially during peak seasons from December through March for skiing and June through September for summer recreation, with companies like Vail Resorts driving significant tourism traffic to the region since their acquisition of Park City Mountain Resort in 2014.

Airbnb and lodging taxes in Woodland, Utah

Airbnb properties in Woodland, Utah are subject to multiple lodging taxes including Utah's state transient room tax of 1.0% and a state sales tax of 4.85% on short-term rental accommodations. Summit County, where Woodland is located, imposes an additional transient room tax of approximately 3.1%, bringing the total lodging tax burden to around 8.95%. These taxes are typically collected by Airbnb directly from guests at the time of booking through their automated tax collection system, which began in Utah around 2018, and the platform remits payments quarterly to the Utah State Tax Commission and Summit County. Property owners must register with the Utah State Tax Commission and obtain a sales tax license, filing monthly returns even when Airbnb collects on their behalf, and must also comply with Summit County's business licensing requirements. Exemptions generally apply to stays exceeding 30 consecutive days, which are considered long-term rentals rather than transient accommodations, and certain government or non-profit organization bookings may qualify for exemptions with proper documentation.

Total cost to purchase, furnish and operate an Airbnb in Woodland, Utah

The total cost to start an Airbnb in Woodland, Utah would be approximately $485,000-$565,000. Property purchase costs around $400,000-$450,000 based on median home prices in the Park City area where Woodland is located. Furnishing a 3-bedroom mountain home would cost $25,000-$35,000 including beds, sofas, dining sets, linens, kitchen supplies, and outdoor furniture suitable for the area. Initial setup costs including professional photography, listing creation, and basic renovations would be $3,000-$5,000. Permits and fees including business license, transient room tax registration, and potential HOA approvals would cost $500-$1,500. Insurance including liability and property coverage specifically for short-term rentals would be $2,500-$4,000 annually. Utilities including electricity, gas, water, internet, and cable would average $300-$400 monthly. First six months operating costs including utilities ($1,800-$2,400), cleaning services ($1,800-$2,400), maintenance and supplies ($1,000), marketing ($500), and property management software ($300) would total approximately $5,400-$7,100.

Are Airbnb properties in Woodland, Utah profitable?

Airbnb properties in Woodland, Utah demonstrate moderate profitability potential with average nightly rates ranging from $150-250 depending on property size and amenities, generating approximately $45,000-75,000 in annual gross revenue for well-managed properties with 60-70% occupancy rates. Operating expenses typically consume 40-50% of gross revenue, including cleaning fees ($50-75 per turnover), property management (15-25%), utilities ($200-300 monthly), insurance ($1,500-2,500 annually), and maintenance costs averaging $3,000-5,000 yearly. Net profit margins generally fall between 25-35% for optimized properties, with successful hosts like those operating luxury cabins near Woodland's outdoor recreation areas achieving higher margins through premium pricing strategies and extended stay bookings. Key success factors include strategic location near Uinta National Forest access points, professional photography showcasing mountain views, consistent 4.8+ star ratings, and seasonal pricing optimization that capitalizes on peak summer and winter recreation seasons when daily rates can exceed $300. Properties featuring hot tubs, fire pits, and accommodating 6-8 guests typically outperform smaller units, with some hosts reporting annual net profits of $20,000-30,000 per property after accounting for mortgage payments and all operational expenses.

What is the expected return on investment for an Airbnb in Woodland, Utah?

Airbnb investments in Woodland, Utah typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14%, driven by the area's proximity to Park City ski resorts and year-round outdoor recreation activities. Properties in Woodland generally achieve profitability within 18-24 months, with peak performance during ski season (December-March) and summer months (June-September) when nightly rates can reach $200-350 for well-appointed cabins and mountain homes. The market benefits from consistent demand from Salt Lake City visitors seeking mountain retreats, with occupancy rates typically running 65-75% annually, though investors should expect higher initial capital requirements due to Woodland's premium mountain property values averaging $600,000-$1.2 million for suitable short-term rental properties.

What company can help me find and buy a profitable Airbnb in Woodland, Utah?

STRSearch is a leading national platform that specializes in identifying profitable short-term rental properties for Airbnb investors in Woodland, Utah, offering comprehensive market analysis and property recommendations. Local real estate agents in the Park City area such as Summit Sotheby's International Realty and Engel & Völkers Park City have extensive experience with vacation rental properties and understand the Woodland market dynamics. Vacasa, a national vacation rental management company founded in 2009, provides end-to-end services including property acquisition consulting for investors looking in mountain resort areas like Woodland. RedAwning and AirDNA offer market intelligence and data analytics specifically for short-term rental investments, helping investors identify high-performing properties in ski resort communities. Local services include Park City Real Estate Group and Windermere Real Estate Utah, both of which have agents specializing in investment properties suitable for Airbnb operations. National companies like Mashvisor and BiggerPockets provide investment analysis tools and networking opportunities for Airbnb investors, while Awning offers financing specifically for short-term rental properties. Additionally, local property management companies such as Alpine Property Management and Summit County Vacation Rentals can provide insights into which properties perform best as Airbnb investments in the Woodland area.

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