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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Lake Luzerne offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Lake Luzerne, NY, is a small Adirondack-region market with just 28 active Airbnb listings and a strong average daily rate of $426—well above the $381 New York state average. Revenue is heavily concentrated in the summer months, with August alone averaging $9,297 per listing, reflecting the area's draw as a lakeside and outdoor recreation destination. With an ROI score of 67 out of 100 and an above-average revenue-to-price ratio, the market offers attractive yield potential for investors who can navigate its pronounced seasonality.
According to Rabbu market data, the Lake Luzerne short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 28 |
| Average Daily Rate (ADR) | vs. $381 state avg. | $426 |
| Average Occupancy Rate | vs. 40% state avg. | 16% |
| RevPAN | ADR * Occupancy Rate | $68 |
| Average Monthly Revenue | Historical 12-month average | $3,574 |
| Average Annual Revenue | Historical 12-month average | $42,898 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Lake Luzerne appeals to STR investors for its strong revenue-to-price ratio and seasonal demand driven by Adirondack tourism and lake recreation.
Key investment factors
"Lake Luzerne presents a moderately attractive investment opportunity shaped by sharp seasonality and a compact competitive landscape. The summer months of July and August deliver outsized returns—together averaging nearly $17,000—while the November-through-April stretch sees monthly revenues dip below $2,500, creating a wide spread that investors need to plan around. With only 28 active listings and an above-average revenue-to-price ratio, the market rewards hosts who can differentiate on amenities like lake access and outdoor spaces. The 42% growth in supply warrants monitoring, but the small absolute base means the market hasn't yet reached saturation."
— Rabbu Market Analysis Team
Lake Luzerne exhibits extreme seasonality, with August ($9,297) and July ($7,715) generating roughly 40% of the year's total revenue, while the weakest month—April at $1,424—earns about 85% less than the summer peak. Investors should expect a compressed earning window and plan cash reserves accordingly for the November-through-April off-season.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,342 |
| February |
|
$2,962 |
| March |
|
$1,882 |
| April |
|
$1,424 |
| May |
|
$2,811 |
| June |
|
$3,672 |
| July |
|
$7,715 |
| August |
|
$9,297 |
| September |
|
$3,706 |
| October |
|
$2,938 |
| November |
|
$1,634 |
| December |
|
$2,509 |
The available property-size data shows 3-bedroom units as the only reported segment with 13 listings, suggesting this is the dominant configuration in Lake Luzerne's small market. The lack of data on other bedroom counts may indicate limited supply diversity, which could represent an opportunity for investors considering alternative property sizes.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
13 |
Three-bedroom properties command an ADR of $390, which is slightly below the overall market average of $426—suggesting that larger or more premium listings in the market may be pulling the aggregate rate higher. This still represents a strong nightly rate for a seasonal, rural New York market.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$390 |
Three-bedroom listings deliver a RevPAN of $46, reflecting the impact of the market's low 12% occupancy rate on otherwise strong nightly pricing. This metric underscores how Lake Luzerne's seasonal booking pattern significantly dilutes per-night revenue potential when averaged across the full year.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$46 |
Three-bedroom properties average just 12% occupancy, below the market-wide 16% average, indicating that most nights go unbooked across the calendar year. This low annual occupancy is characteristic of a heavily seasonal vacation market where bookings cluster into a few peak months.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
12% |
Three-bedroom listings average $2,844 per month, which falls below the overall market average of $3,574, suggesting that higher-revenue listings in other size categories may be outperforming on a monthly basis. Investors focused on 3-bedroom properties should target strong summer pricing to offset lean off-season months.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$2,844 |
At $34,130 per year, 3-bedroom properties generate about 80% of the market-wide annual average of $42,898. Against average home values of $452,683, this translates to a gross yield of roughly 7.5%, which is reasonable for a seasonal market but reinforces the importance of acquisition price discipline.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$34,130 |
Parking and a full kitchen are universal at 100% of listings, while outdoor-oriented amenities dominate—patio or balcony (86%), BBQ grill (82%), outdoor furniture (82%), and backyard (79%) all signal that guests expect a complete outdoor living experience. Lake access appears in 64% of listings, and waterfront in 43%, highlighting that proximity to water is a key differentiator in this market.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
100% |
| Self Check-in |
|
89% |
| Patio or Balcony |
|
86% |
| Washer |
|
82% |
| BBQ Grill |
|
82% |
| Dryer |
|
82% |
| Outdoor Furniture |
|
82% |
| Backyard |
|
79% |
| Lake Access |
|
64% |
| Workspace |
|
61% |
| Pets |
|
46% |
| Waterfront |
|
43% |
| Beach Access |
|
36% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Lake Luzerne Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Lake Luzerne's ROI score of 67 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio that suggests favorable yield potential relative to local home values. Occupancy stability, market growth, and supply/demand balance all register as average, reflecting a market that performs well seasonally but hasn't yet shown the year-round consistency of higher-scoring destinations. Investors should pair this score with local regulatory research and a realistic cash-flow model that accounts for the pronounced off-season.
Understanding local STR regulations is essential before investing in Lake Luzerne. Here's the current regulatory landscape:
Short-term rental operators in Lake Luzerne, NY, may be required to obtain permits or register with the Town of Lake Luzerne and comply with any applicable Warren County or New York State regulations. Investors should verify current permit requirements directly with local government offices before listing a property.
Common STR restrictions in similar New York markets can include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and rules imposed by homeowners' associations or lake community covenants. Because Lake Luzerne is a small, seasonal community, local zoning and environmental regulations near waterfront areas may also apply.
Short-term rental hosts in New York are generally subject to state and local sales tax, as well as any applicable occupancy or tourism taxes. Platforms like Airbnb often collect and remit certain taxes on behalf of hosts, but operators should confirm their full obligations with a tax professional familiar with New York State requirements.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Lake Luzerne can provide current regulatory guidance.
Financing an Airbnb investment in Lake Luzerne requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, expect Lake Luzerne's summer peak to remain the primary revenue driver, with July and August likely accounting for roughly 40% of annual income. A 42% year-over-year increase in active listings suggests growing investor interest, which could put mild downward pressure on occupancy if demand doesn't keep pace. ADR may hold steady or see modest gains in the 1–3% range given the area's premium lakefront appeal, though off-season months from November through April will likely continue to generate below $2,500 per listing. Investors should budget conservatively for shoulder and winter months while planning to capture maximum revenue during the June-through-September 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 Mar, 17 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 the most recent market shifts or regulatory changes. Individual property results will vary based on location, condition, management, and pricing strategy. Always consult local regulations before investing.
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