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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Chester offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Chester, CA is a small, seasonal mountain market on the shores of Lake Almanor with just 15 active Airbnb listings and an average annual revenue of $42,930. The limited supply and favorable supply/demand balance create an intriguing niche opportunity, though pronounced seasonality and below-average occupancy (16% vs. 43% statewide) mean investors need to plan carefully around summer-driven demand. With an ADR of $334 — well below the $551 California average — the market appeals to outdoor recreation travelers seeking value, and property prices averaging around $705K keep the revenue-to-price ratio in line with broader state norms.
According to Rabbu market data, the Chester short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 15 |
| Average Daily Rate (ADR) | vs. $551 state avg. | $334 |
| Average Occupancy Rate | vs. 43% state avg. | 16% |
| RevPAN | ADR * Occupancy Rate | $53 |
| Average Monthly Revenue | Historical 12-month average | $3,577 |
| Average Annual Revenue | Historical 12-month average | $42,930 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Chester's appeal lies in its extremely limited supply relative to Lake Almanor tourism demand, offering investors a chance to capture premium summer revenue in a market with few competitors.
Key investment factors
"Chester presents a moderate opportunity best suited for investors comfortable with highly seasonal cash flow. The market's strength lies in its summer months — July alone averages $7,169 in revenue — while winter and spring months hover around $1,700–$1,800, creating a spread of roughly 4× between peak and trough. The above-average supply/demand balance and tiny listing count suggest room for a well-positioned property, but below-average occupancy stability (16% overall) means this isn't a set-it-and-forget-it market. Investors who can pair strong peak-season pricing with creative shoulder-season strategies will be best positioned to make Chester work."
— Rabbu Market Analysis Team
Chester's revenue profile is sharply seasonal, peaking at $7,169 in July and bottoming out at $1,711 in January — a spread of more than 4×. The lucrative June–August window generates nearly 45% of annual revenue, making summer pricing and availability management critical for maximizing returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,711 |
| February |
|
$1,821 |
| March |
|
$1,769 |
| April |
|
$1,802 |
| May |
|
$3,370 |
| June |
|
$5,438 |
| July |
|
$7,169 |
| August |
|
$6,373 |
| September |
|
$4,496 |
| October |
|
$3,064 |
| November |
|
$2,702 |
| December |
|
$3,211 |
The market's supply is remarkably concentrated, with all reportable listings being 3-bedroom properties (7 out of 15 total). This lack of size diversity could signal an opportunity for investors willing to differentiate with smaller or larger configurations.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
7 |
Three-bedroom properties — the only size with sufficient data — command an ADR of $291, slightly below the market-wide average of $334. The gap suggests that non-3-bedroom listings in the market may be pricing higher, though the small sample size warrants caution in drawing firm conclusions.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$291 |
Three-bedroom listings deliver a RevPAN of $67, reflecting the combination of a $291 ADR and 23% occupancy. While modest in absolute terms, this figure outpaces the market-wide RevPAN of $53, indicating that 3-bedroom properties capture a relatively larger share of available demand.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$67 |
Three-bedroom properties average 23% occupancy, which is higher than the market-wide 16% average but still well below the 43% California state benchmark. This underscores the seasonal nature of Chester's demand and the importance of maximizing bookings during the compressed summer window.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
23% |
Three-bedroom listings generate $3,143 per month on average, slightly below the overall market average of $3,577. In a market with only one reportable property size, revenue performance is tightly correlated with seasonal demand patterns rather than size-based differentiation.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$3,143 |
At $37,725 in average annual revenue, 3-bedroom properties trail the market-wide figure of $42,930, suggesting that the small number of non-3-bedroom listings in Chester may be pulling the overall average upward. Investors targeting 3-bedroom homes should underwrite to this more conservative figure when evaluating deals.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$37,725 |
Kitchens and parking are universal (100%), while BBQ grills (87%), washers/dryers (80%), and self check-in (80%) round out the essentials — all signaling that Chester guests expect a fully equipped, self-sufficient vacation home experience. Lake access (47%) and pet-friendliness (40%) represent differentiating amenities that can help a listing stand out in this small, competitive field.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
100% |
| BBQ Grill |
|
87% |
| Dryer |
|
80% |
| Self Check-in |
|
80% |
| Washer |
|
80% |
| Patio or Balcony |
|
73% |
| Outdoor Furniture |
|
60% |
| Backyard |
|
47% |
| Lake Access |
|
47% |
| Pets |
|
40% |
| Workspace |
|
40% |
| Hot Tub |
|
13% |
| Waterfront |
|
13% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Chester Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Above average | 15% |
Chester's ROI score of 55 out of 100 places it in the 'Attractive Opportunity' band, reflecting a market where revenue relative to property prices is average but supply/demand dynamics work in the investor's favor. The below-average marks on occupancy stability and market growth trend highlight the seasonal risk and the market's early-stage maturity, so investors should factor in several lean months when projecting cash flow. Pairing this data with thorough local regulatory research and a conservative underwriting approach will help determine whether Chester's summer revenue potential justifies the investment.
Understanding local STR regulations is essential before investing in Chester. Here's the current regulatory landscape:
Short-term rental operators in Chester and Plumas County, California may need to obtain a permit or register their property with local authorities before listing on platforms like Airbnb. Investors should verify current requirements directly with Plumas County's planning department, as regulations can change.
Common restrictions that may apply include occupancy limits tied to bedroom count, minimum-stay requirements, noise and nuisance ordinances, and parking mandates — all typical for mountain and lakeside communities in California. HOA covenants are also worth investigating, as some neighborhoods near Lake Almanor may impose their own rules on short-term rental activity.
California requires collection of Transient Occupancy Tax (TOT), and Plumas County may impose its own local lodging tax on short-term stays. Many booking platforms handle tax collection automatically, but hosts should confirm compliance with both state and county obligations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Chester can provide current regulatory guidance.
Financing an Airbnb investment in Chester requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Chester's revenue trajectory will likely continue to hinge on its sharp summer peak, with July and August alone accounting for a disproportionate share of annual earnings. Occupancy could see modest improvement if supply remains constrained — the market's 188% year-over-year listing growth, while dramatic in percentage terms, still only brought the total to 15 properties. ADR may edge up 2–5% during peak months as demand for lakeside getaways remains resilient, but off-season months (January–April) are unlikely to move materially. Investors should budget conservatively for roughly five months of significantly reduced income outside the May–October window."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and may not capture very recent market shifts or regulatory changes. Chester's small listing count (15 properties) means market averages can be significantly influenced by individual property performance.
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