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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Topton presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Topton, NC is a small mountain market in western North Carolina with just 46 active Airbnb listings, offering a niche opportunity for investors drawn to the region's natural appeal. Average annual revenue sits at $28,343, driven largely by strong summer and fall seasons, while an average daily rate of $257 tracks close to the $262 state average. However, the market's 25% occupancy rate trails North Carolina's 34% average, and significant year-over-year listing growth of 162% signals rapidly rising competition that investors should weigh carefully.
According to Rabbu market data, the Topton short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 46 |
| Average Daily Rate (ADR) | vs. $262 state avg. | $257 |
| Average Occupancy Rate | vs. 34% state avg. | 25% |
| RevPAN | ADR * Occupancy Rate | $63 |
| Average Monthly Revenue | Historical 12-month average | $2,362 |
| Average Annual Revenue | Historical 12-month average | $28,343 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Topton attracts investor interest for its scenic mountain and lake setting, seasonal tourism appeal, and the ability of larger properties to command premium nightly rates.
Key investment factors
"Topton represents a competitive opportunity rather than a slam-dunk — the ROI score of 49 out of 100 reflects average revenue-to-price dynamics alongside below-average occupancy stability, growth trends, and supply/demand balance. Seasonality is pronounced: July tops out at $4,048 in average monthly revenue while February dips to just $983, creating a wide earnings gap that investors need to plan around. The market rewards larger, well-appointed properties — 3-bedroom listings generate roughly $42,055 annually compared to $20,120 for 2-bedrooms — so the right property type matters significantly here. With listing supply surging 162% year over year, new entrants should focus on differentiation through amenities like hot tubs, lake access, and pet-friendliness to stand out."
— Rabbu Market Analysis Team
Revenue in Topton is heavily seasonal, peaking in July at $4,048 and October at $3,779, then dropping sharply to a low of $983 in February — a roughly 4:1 spread that underscores the importance of summer and fall tourism to this market's earnings.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,235 |
| February |
|
$983 |
| March |
|
$1,583 |
| April |
|
$1,390 |
| May |
|
$1,756 |
| June |
|
$2,352 |
| July |
|
$4,048 |
| August |
|
$3,319 |
| September |
|
$2,521 |
| October |
|
$3,779 |
| November |
|
$2,887 |
| December |
|
$2,485 |
Two-bedroom units lead the supply mix with 13 listings, followed by 1-bedrooms at 9 and 3-bedrooms at 8, while studios and 4-bedrooms each account for 6 listings. The relatively thin inventory across all sizes leaves room for well-positioned new entrants, particularly in the 3- and 4-bedroom segments where revenue potential is highest.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
6 |
| 1 bedroom |
|
9 |
| 2 bedrooms |
|
13 |
| 3 bedrooms |
|
8 |
| 4 bedrooms |
|
6 |
ADR scales sharply with size, jumping from $105 for studios to $347 for 3-bedroom properties, which actually command a higher rate than 4-bedrooms at $335. This premium-to-cost trade-off appears strongest at the 3-bedroom level, where the per-night rate more than doubles the 1-bedroom figure of $135.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$105 |
| 1 bedroom |
|
$135 |
| 2 bedrooms |
|
$195 |
| 3 bedrooms |
|
$347 |
| 4 bedrooms |
|
$335 |
Three-bedroom properties deliver the best RevPAN at $68, meaningfully ahead of studios ($50), 2-bedrooms ($41), 4-bedrooms ($40), and 1-bedrooms ($36). This signals that 3-bedroom units convert their high ADR into actual booked revenue more effectively than other sizes in the Topton market.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$50 |
| 1 bedroom |
|
$36 |
| 2 bedrooms |
|
$41 |
| 3 bedrooms |
|
$68 |
| 4 bedrooms |
|
$40 |
Studios lead occupancy at 49%, nearly double the next tier — 1-bedrooms at 27% — while larger properties trail off significantly, with 4-bedrooms filling just 12% of available nights. Investors focused on cash-flow consistency may favor smaller units, though the lower nightly rates of studios limit their total revenue upside.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
49% |
| 1 bedroom |
|
27% |
| 2 bedrooms |
|
21% |
| 3 bedrooms |
|
20% |
| 4 bedrooms |
|
12% |
Three-bedroom properties are the top monthly earners at $3,504, followed closely by 4-bedrooms at $3,218, while studios trail far behind at $509 per month. The gap between 2-bedroom ($1,676) and 3-bedroom revenue is particularly large, suggesting a meaningful jump in earning potential at the 3-bedroom threshold.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$509 |
| 1 bedroom |
|
$1,319 |
| 2 bedrooms |
|
$1,676 |
| 3 bedrooms |
|
$3,504 |
| 4 bedrooms |
|
$3,218 |
Annual revenue climbs from $6,118 for studios to $42,055 for 3-bedroom properties, which represent the clear sweet spot in Topton — outearning even 4-bedrooms ($38,624) despite fewer available nights filled. For investors weighing acquisition cost against income potential, the 3-bedroom configuration offers the strongest return profile in this market.
| Size | Trend | Value |
|---|---|---|
| Studio |
|
$6,118 |
| 1 bedroom |
|
$15,828 |
| 2 bedrooms |
|
$20,120 |
| 3 bedrooms |
|
$42,055 |
| 4 bedrooms |
|
$38,624 |
Parking is universal (100%), and kitchens (96%), BBQ grills (80%), and pet-friendliness (74%) are near-standard — reflecting a market geared toward self-sufficient outdoor vacationers. Lake access (54%) and waterfront positioning (35%) are strong differentiators, while hot tubs appear in only 28% of listings, suggesting an opportunity to stand out by adding one.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
96% |
| BBQ Grill |
|
80% |
| Pets |
|
74% |
| Patio or Balcony |
|
70% |
| Self Check-in |
|
70% |
| Outdoor Furniture |
|
65% |
| Backyard |
|
63% |
| Washer |
|
63% |
| Dryer |
|
59% |
| Lake Access |
|
54% |
| Workspace |
|
50% |
| Waterfront |
|
35% |
| Hot Tub |
|
28% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Topton Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Below average | 15% |
Topton's ROI score of 49 out of 100 places it in the 'Competitive Opportunity' band, meaning the market has real potential but demands careful deal selection. The revenue-to-price ratio rates as average — annual revenue of $28,343 against home values averaging $660,996 — while occupancy stability, market growth trend, and supply/demand balance all score below average, reflecting the rapid influx of new supply and soft year-round occupancy. Pairing this data with thorough local regulatory research and a strategy focused on higher-performing 3-bedroom properties can help investors find deals that outperform the market average.
Understanding local STR regulations is essential before investing in Topton. Here's the current regulatory landscape:
Topton falls within Cherokee County, North Carolina, and operators should verify whether a short-term rental permit or business registration is required at the county or municipal level. Investors are advised to check directly with Cherokee County and the state of North Carolina for the most current STR permitting requirements before purchasing.
Common restrictions in North Carolina mountain communities can include occupancy limits based on bedroom count, minimum-stay requirements during certain seasons, noise ordinances, parking capacity rules, and HOA covenants that may limit or prohibit short-term rentals. Because regulations can vary even between neighboring jurisdictions, it's important to review both county-level ordinances and any applicable homeowner association rules.
Short-term rental hosts in North Carolina are generally subject to state and county occupancy taxes, as well as applicable state sales tax on rental receipts. Many booking platforms collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with the North Carolina Department of Revenue and Cherokee County.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Topton can provide current regulatory guidance.
Financing an Airbnb investment in Topton requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Topton's seasonal revenue pattern — with July and October as clear peaks — is likely to hold, keeping summer and fall as the primary earning windows. The rapid influx of new listings (162% YoY growth) may put downward pressure on occupancy rates unless demand keeps pace, so investors should estimate conservatively with occupancy in the 22–28% range. ADR could remain relatively stable around $250–$265 given the area's leisure-driven positioning, though larger properties with strong amenity packages may outperform. Selective deal sourcing and differentiated listings will be key to capturing above-average returns in this increasingly competitive environment."
— 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. Local regulations and tax obligations may change; always verify current rules with local authorities before investing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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