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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Greenwood offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Greenwood, ME is a small but compelling lakeside market where short-term rental properties benefit from strong seasonal demand and favorable revenue-to-price ratios. With an average annual revenue of $32,957 against home values averaging $477,664, investors can find an entry point that's more accessible than many coastal Maine destinations. The market's 35 active listings and 76% year-over-year growth in supply signal rising investor interest, while the dual-peak seasonality — winter and summer — offers multiple revenue windows throughout the year.
According to Rabbu market data, the Greenwood short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 35 |
| Average Daily Rate (ADR) | vs. $415 state avg. | $361 |
| Average Occupancy Rate | vs. 55% state avg. | 42% |
| RevPAN | ADR * Occupancy Rate | $153 |
| Average Monthly Revenue | Historical 12-month average | $2,746 |
| Average Annual Revenue | Historical 12-month average | $32,957 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Greenwood attracts STR investors because of its above-average revenue-to-price ratio, four-season recreational appeal, and relatively low competition in a desirable Maine lakeside setting.
Key investment factors
"Greenwood presents an attractive opportunity for investors willing to navigate its seasonal rhythm. The market's pronounced peaks in February ($4,893) and August ($4,282) contrast sharply with spring lows around $988 in May, meaning cash flow planning is essential. With an ROI score of 66 out of 100, the market balances a strong revenue-to-price ratio and above-average growth trend against below-average occupancy stability — a trade-off that favors investors who price dynamically and market aggressively during shoulder months. Overall, this is a market where strategic operators can outperform averages, particularly with larger properties that capture premium nightly rates."
— Rabbu Market Analysis Team
Greenwood shows a striking dual-peak seasonality pattern, with February ($4,893) and August ($4,282) leading the year while May bottoms out at just $988 — a nearly 5x spread between the strongest and weakest months. Investors should budget for lean spring earnings and capitalize aggressively on the winter and summer windows when demand surges.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$3,613 |
| February |
|
$4,893 |
| March |
|
$3,541 |
| April |
|
$1,267 |
| May |
|
$988 |
| June |
|
$1,419 |
| July |
|
$3,453 |
| August |
|
$4,282 |
| September |
|
$2,110 |
| October |
|
$2,217 |
| November |
|
$1,535 |
| December |
|
$3,634 |
Supply is fairly evenly distributed among 2-bedroom (11 listings), 3-bedroom (10), and 4-bedroom (6) properties, with no single size dominating the market. The relatively thin inventory across all sizes — and particularly the limited number of 4-bedroom homes — suggests there may be room for larger properties to enter without oversaturating supply.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
11 |
| 3 bedrooms |
|
10 |
| 4 bedrooms |
|
6 |
ADR jumps dramatically with size in Greenwood: 2-bedrooms average $270, 3-bedrooms reach $323, and 4-bedroom properties command $630 per night — nearly double the 3-bedroom rate. This steep premium for 4-bedroom homes points to strong group and family demand, making larger properties particularly compelling from a rate perspective.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$270 |
| 3 bedrooms |
|
$323 |
| 4 bedrooms |
|
$630 |
Four-bedroom properties deliver the highest RevPAN at $269, roughly double the $125 for 2-bedrooms and significantly ahead of 3-bedrooms at $143. This gap persists despite slightly lower occupancy for 4-bedroom units, underscoring that the ADR premium more than compensates for any marginal occupancy differences.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$125 |
| 3 bedrooms |
|
$143 |
| 4 bedrooms |
|
$269 |
Occupancy rates are remarkably consistent across property sizes, ranging from 43% for 4-bedroom homes to 46% for 2-bedrooms. This narrow spread suggests that demand patterns in Greenwood are driven more by seasonal timing than by property size, giving investors flexibility in choosing configurations without major occupancy trade-offs.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
46% |
| 3 bedrooms |
|
44% |
| 4 bedrooms |
|
43% |
Two-bedroom properties lead in average monthly revenue at $3,780, followed by 4-bedrooms at $3,306 and 3-bedrooms at $2,593. The fact that 2-bedrooms outperform on a monthly basis despite a much lower ADR speaks to their slightly higher occupancy and potentially lower gap between peak and off-peak performance.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$3,780 |
| 3 bedrooms |
|
$2,593 |
| 4 bedrooms |
|
$3,306 |
On an annual basis, 2-bedroom listings top the market at $45,360, while 4-bedrooms generate $39,673 and 3-bedrooms come in at $31,124. For investors focused on maximizing gross revenue relative to acquisition cost, 2-bedroom properties may offer the most efficient returns given their lower purchase prices, though 4-bedroom homes deliver the highest per-night yield.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$45,360 |
| 3 bedrooms |
|
$31,124 |
| 4 bedrooms |
|
$39,673 |
Parking (100%) and kitchens (97%) are table stakes in Greenwood, while outdoor amenities like backyards (83%), BBQ grills (69%), and outdoor furniture (69%) reflect the market's recreational, nature-oriented guest base. Lake access (40%) and waterfront (26%) are notable differentiators — properties with these features likely command the premium rates seen in the ADR data, and hot tubs (37%) offer another opportunity to stand out in a market geared toward getaway experiences.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
97% |
| Backyard |
|
83% |
| Self Check-in |
|
83% |
| Washer |
|
74% |
| Outdoor Furniture |
|
69% |
| Dryer |
|
69% |
| BBQ Grill |
|
69% |
| Patio or Balcony |
|
66% |
| Pets |
|
46% |
| Workspace |
|
46% |
| Lake Access |
|
40% |
| Hot Tub |
|
37% |
| Waterfront |
|
26% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Greenwood Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
With a score of 66 out of 100, Greenwood falls into the 'Attractive Opportunity' band, driven primarily by its above-average revenue-to-price ratio and above-average market growth trend — two factors that together account for 55% of the score's weighting. The below-average occupancy stability reflects the market's sharp seasonal swings, which investors should plan for with dynamic pricing and reserve funds. Pairing this score with local regulatory research and a detailed cash-flow model will help determine whether a specific property pencils out.
Understanding local STR regulations is essential before investing in Greenwood. Here's the current regulatory landscape:
Short-term rental operators in Greenwood, Maine may need to register their property or obtain a local permit before listing. Investors should verify current requirements directly with the Town of Greenwood and the State of Maine, as rules can evolve — especially in markets experiencing rapid STR growth.
Common restrictions in Maine's rural STR markets can include occupancy limits tied to septic capacity, noise and nuisance ordinances, parking requirements for properties on smaller lots, and potential HOA or deed restrictions in lakeside communities. Some municipalities also impose minimum-stay requirements or cap the number of active permits, so it's worth confirming whether Greenwood has adopted any such measures.
Maine imposes a 9% lodging tax on short-term rentals, and hosts should confirm whether any additional local fees apply in Greenwood. Most major booking platforms collect and remit state taxes automatically, but operators are responsible for ensuring full compliance with all applicable obligations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Greenwood can provide current regulatory guidance.
Financing an Airbnb investment in Greenwood requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Greenwood is expected to see continued supply growth as more investors discover its favorable revenue-to-price dynamics, though the pace may moderate from the current 76% year-over-year increase. Seasonal patterns suggest ADR could hold steady or edge up 2–4% during peak winter and summer months, while occupancy may fluctuate in the 40–45% range annually given the market's pronounced off-season dips in spring and early summer. Investors who optimize pricing around February's peak ($4,893 average) and the July–August summer stretch should capture the strongest returns. As with any emerging rural market, results will depend on how well new supply is absorbed relative to visitor demand."
— 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 historical averages and market conditions as of April 27, 2026; actual results may differ as conditions change. Local regulations, permit requirements, and tax obligations can change — investors should verify current rules with municipal and state authorities before purchasing.
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