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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Ellison Bay offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Ellison Bay, WI is a small but compelling Door County market where short-term rental properties generate an average of $78,021 in annual revenue across just 19 active listings. The combination of an above-average revenue-to-price ratio and strong seasonal demand — with summer months pushing monthly revenue past $15,000 — makes this a market worth serious consideration for investors targeting vacation-rental destinations. While occupancy sits at 20% overall (well below the 38% Wisconsin state average), the concentrated peak-season earnings and limited supply create a dynamic where top-performing properties can deliver outsized returns.
According to Rabbu market data, the Ellison Bay short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 19 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $343 |
| Average Occupancy Rate | vs. 38% state avg. | 20% |
| RevPAN | ADR * Occupancy Rate | $69 |
| Average Monthly Revenue | Historical 12-month average | $6,501 |
| Average Annual Revenue | Historical 12-month average | $78,021 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to Ellison Bay for its favorable revenue-to-property-value ratio and the intense seasonal demand that Door County generates each summer.
Key investment factors
"Ellison Bay presents an attractive but seasonal investment opportunity that rewards patient operators who can weather quiet winters. The market's ROI score of 69 out of 100 reflects solid fundamentals — particularly the above-average revenue-to-price ratio and occupancy stability — tempered by below-average market growth trends. Revenue swings dramatically from winter lows around $1,973 (February) to summer highs near $15,044 (August), so cash-flow planning around this pronounced seasonality is essential. For investors comfortable with a vacation-market rhythm and willing to invest in the right property configuration, this corner of Door County holds genuine income potential."
— Rabbu Market Analysis Team
Ellison Bay displays extreme seasonality, with August ($15,044) and July ($15,012) generating roughly seven times the revenue of the slowest month, February ($1,973). The strong October showing at $8,694 extends the profitable window beyond traditional summer, giving investors about five months of meaningful income from June through October.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,090 |
| February |
|
$1,973 |
| March |
|
$2,484 |
| April |
|
$2,382 |
| May |
|
$5,568 |
| June |
|
$9,472 |
| July |
|
$15,012 |
| August |
|
$15,044 |
| September |
|
$9,405 |
| October |
|
$8,694 |
| November |
|
$3,202 |
| December |
|
$2,690 |
The market's 19 listings are concentrated in 3-bedroom (7 listings) and 4-bedroom (5 listings) configurations, with only these two sizes reporting enough data for comparison. This tight supply across limited property types means there may be opportunities for investors who can offer differentiated sizes or configurations not yet well-represented.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
7 |
| 4 bedrooms |
|
5 |
ADR jumps roughly 24% from 3-bedroom properties ($317) to 4-bedroom homes ($394), a premium that reflects the added space and guest capacity valued by vacationing families and groups. The $77 nightly price difference makes 4-bedroom properties particularly interesting given Door County's appeal to larger parties.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$317 |
| 4 bedrooms |
|
$394 |
Four-bedroom properties deliver $78 in RevPAN compared to $53 for 3-bedroom units, a 47% advantage that accounts for both pricing power and slightly higher occupancy. This gap suggests that investors targeting larger homes capture meaningfully more revenue per available night, making the incremental acquisition cost worth evaluating.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$53 |
| 4 bedrooms |
|
$78 |
Occupancy rates are modest across both tracked sizes, with 4-bedroom properties at 20% and 3-bedroom units at 17%, reflecting the market's seasonal nature rather than weak demand. Investors should view these annual averages in context — summer occupancy is likely significantly higher, while winter months pull the overall figure down.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
17% |
| 4 bedrooms |
|
20% |
Four-bedroom properties lead monthly revenue at $8,349 compared to $6,101 for 3-bedroom homes, a roughly 37% premium that underscores the earning advantage of larger vacation rentals. This $2,248 monthly gap adds up to a meaningful annual difference that can influence which property size pencils out best against local acquisition costs.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$6,101 |
| 4 bedrooms |
|
$8,349 |
At $100,199 in average annual revenue, 4-bedroom properties in Ellison Bay cross the six-figure threshold and outperform 3-bedroom homes ($73,215) by nearly $27,000 per year. Against the market's average home value of $801,004, the 4-bedroom configuration offers the stronger gross yield and may justify the higher purchase price for income-focused investors.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$73,215 |
| 4 bedrooms |
|
$100,199 |
Every listing in Ellison Bay offers parking (100%), and roughly 90% include a kitchen, washer, and dryer — table-stakes amenities for vacation homes in rural Door County. Outdoor features like patios (84%), BBQ grills (74%), and backyards (68%) dominate, signaling that guests expect a nature-oriented retreat experience, while differentiators like hot tubs (37%) and lake access (21%) remain less common and could help a listing stand out.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Dryer |
|
90% |
| Kitchen |
|
90% |
| Washer |
|
90% |
| Patio or Balcony |
|
84% |
| Self Check-in |
|
84% |
| BBQ Grill |
|
74% |
| Backyard |
|
68% |
| Outdoor Furniture |
|
68% |
| Pets |
|
63% |
| Workspace |
|
58% |
| Hot Tub |
|
37% |
| Lake Access |
|
21% |
| Waterfront |
|
16% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Ellison Bay Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Average | 15% |
Ellison Bay's ROI score of 69 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio and above-average occupancy stability — two factors that together account for 70% of the score weighting. The below-average market growth trend is worth monitoring, especially given the 145% year-over-year jump in listings, and investors should pair this data with thorough local regulatory research to fully understand the operating environment before committing capital.
Understanding local STR regulations is essential before investing in Ellison Bay. Here's the current regulatory landscape:
Short-term rental operators in Ellison Bay and throughout Door County, Wisconsin may need to obtain a Tourist Rooming House license through the state Department of Agriculture, Trade and Consumer Protection. Investors should verify current permit requirements with both the Town of Liberty Grove (which encompasses Ellison Bay) and Wisconsin state authorities before listing a property.
Common restrictions in Wisconsin vacation-rental markets include occupancy limits based on bedroom count, noise and parking regulations, and potential minimum-stay requirements during certain seasons. HOA covenants in residential areas may impose additional limitations, and some jurisdictions cap the total number of STR permits issued, so prospective hosts should confirm availability early in the process.
Wisconsin imposes a state sales tax and a room tax on short-term rental income, and Door County may levy an additional local room tax. Platforms like Airbnb often collect and remit some of these taxes automatically, but operators should confirm their full obligations with the Wisconsin Department of Revenue to ensure compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Ellison Bay can provide current regulatory guidance.
Financing an Airbnb investment in Ellison Bay requires lenders who understand STR income. Rabbu partner lenders offer:
"With active listings growing 145% year-over-year, Ellison Bay's STR supply is expanding rapidly, which could moderate per-listing revenue if demand doesn't keep pace. That said, Door County's enduring appeal as a Midwest vacation destination suggests summer demand will remain robust, and we estimate peak-month revenues in the $9,000–$15,000 range should hold steady over the next 12–18 months. ADR may face slight downward pressure as new inventory enters the market, though investors who differentiate with premium amenities — hot tubs, lake access, and waterfront positioning — are likely to maintain pricing power. Occupancy during the November–April off-season will likely remain soft, so investors should plan cash reserves accordingly."
— 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 performance as of April 2026 and may not capture recent market shifts. Local regulations, permit availability, and tax obligations can change; investors should verify current requirements with municipal and state authorities before purchasing.
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