1. Asheville, North Carolina
Nestled in the Blue Ridge Mountains, Asheville is a charming escape for those looking for a laid-back vibe with an artistic edge, according to Stacey Leasca from Travel + Leisure. It’s home to a vibrant arts scene, breweries, and cozy cafes, making it perfect for creative types and nature lovers alike. The area offers a variety of vacation homes, from rustic cabins to chic downtown lofts, providing options for every taste. Plus, its proximity to hiking trails and the Biltmore Estate means there’s always something new to explore.
While Asheville might not have the price tag of other mountain towns, it offers a strong return on investment for those looking to rent out their vacation homes. The growing popularity of the area, especially with tourists seeking a mix of culture and outdoor adventure, makes it an ideal place to buy. Property values have remained steady, and the rental demand is high. All in all, Asheville’s unique blend of art, history, and nature gives it a timeless appeal.
2. Traverse City, Michigan
Traverse City is a hidden gem in the Great Lakes region that’s perfect for water enthusiasts and wine lovers alike, according to Shannon Doe Ewing from Visit The USA. Known for its beautiful Lake Michigan shoreline, it’s an excellent spot for boating, fishing, and beach activities. The cherry orchards surrounding the town add a unique charm, especially during harvest season, when the area celebrates with festivals. Visitors can also enjoy wine tours at nearby vineyards, making it a delightful destination for couples and families.
This northern Michigan town offers relatively affordable vacation home options compared to many lakefront areas. It’s been attracting more tourists over the years, thanks to its scenic beauty and laid-back charm. The combination of outdoor activities and vibrant local culture makes it an appealing place to own property. Whether you’re interested in a cozy lakeside cottage or a grand home with vineyard views, Traverse City offers something for everyone.
3. Breckenridge, Colorado
Breckenridge is a year-round mountain destination known for its world-class skiing and charming historic downtown. Located in the heart of the Colorado Rockies, the town offers an array of outdoor activities from hiking and biking in the summer to skiing and snowboarding in the winter. Its Victorian architecture and lively arts scene add an extra layer of charm to this alpine getaway. Whether you’re in the mood for après-ski or a cozy evening by the fire, Breckenridge has something for everyone.
Although Breckenridge is a popular ski town, it still offers a more affordable alternative compared to other Colorado destinations like Aspen. Real estate here remains relatively competitive, with vacation homes offering great potential for rental income due to the town’s popularity with tourists. The town is a consistent favorite for both summer and winter visitors, which makes it a solid long-term investment. Whether you seek a mountain retreat or a historic home, Breckenridge is a fantastic option for vacation property owners.
4. Gulf Shores, Alabama
Gulf Shores is a coastal paradise that offers stunning white-sand beaches without the crowds found in other popular destinations like Florida. The area is known for its affordable beach houses, as well as a wide array of fun activities like fishing, golfing, and exploring local wildlife. Plus, the vibrant local seafood scene is a treat for anyone who enjoys fresh meals with a view. From relaxing by the water to enjoying the many festivals, it’s a place that feels both laid-back and lively at the same time.
Real estate in Gulf Shores remains reasonably priced, especially when compared to other beachfront destinations along the Gulf Coast. As an increasingly popular spot for family vacations, the area is seeing a surge in interest, meaning there’s strong rental potential for vacation homes. With year-round sunny weather and a variety of attractions, this is an ideal spot for those looking to invest in a second home. The steady demand for rental properties, especially during the warmer months, makes Gulf Shores a smart pick for vacation home buyers.
5. St. Augustine, Florida
St. Augustine is a delightful town that holds the title of the oldest city in the United States, offering a mix of historic charm and coastal beauty, according to Skye Sherman from Travel + Leisure. The cobblestone streets, Spanish architecture, and historic sites create an atmosphere that’s perfect for history buffs and romantic getaways. With its beautiful beaches and nearby nature preserves, there’s no shortage of outdoor activities. Plus, the city’s thriving cultural scene, with music festivals and art galleries, adds a lively touch to its relaxed pace.
Unlike the bustling tourist hotspots of Florida, St. Augustine retains a more intimate feel while still being a major draw for visitors. The city’s real estate market is relatively affordable compared to areas like Miami or the Keys, offering the chance to own a charming historic home or a beachside property. The blend of history, culture, and coastal living makes it a top choice for vacation home buyers looking for a slower, more unique destination. Its popularity with tourists and renters ensures a solid return on investment, making it an attractive option for second homeowners.
6. Sedona, Arizona
Sedona is renowned for its red rock formations, spiritual energy, and stunning desert landscape, making it an ideal vacation destination for those seeking serenity and natural beauty, according to Visit Sedona. Hikers, photographers, and wellness enthusiasts flock to this town to explore the vortex sites, which are thought to have healing properties. The mild climate allows for year-round outdoor activities, from star-gazing to hiking. With its rich arts scene, cozy galleries, and luxurious spas, Sedona offers a perfect balance of relaxation and adventure.
Sedona is a prime spot for those looking to own a vacation home in a unique, visually stunning location. While the real estate prices may be higher than some other spots, the demand for vacation homes is consistently strong. Many visitors come to Sedona seeking quiet retreats, making it a great location for a vacation rental property. Plus, the allure of the red rocks ensures the town’s charm is unlikely to fade anytime soon.
7. Jackson Hole, Wyoming
Jackson Hole is a dream destination for outdoor lovers, offering access to both Grand Teton National Park and Yellowstone. Whether you’re into skiing, hiking, or wildlife watching, there’s no shortage of activities in this stunning area. Known for its upscale amenities, rustic lodges, and gorgeous alpine views, Jackson Hole exudes luxury while still embracing a down-to-earth Western vibe. The area’s dramatic scenery and top-tier adventure options make it a must-visit location for nature enthusiasts.
While Jackson Hole is typically associated with higher-end real estate, there are still affordable options that provide strong potential for vacation rentals. The town attracts tourists year-round, with ski season bringing in visitors in the winter and hiking and wildlife spotting in the summer. The demand for vacation homes is high, especially since it’s a favorite destination for those seeking a more secluded and luxurious mountain experience. Jackson Hole’s unmatched beauty and outdoor adventure appeal ensure its place as a top vacation home location.
8. Lake of the Ozarks, Missouri
Lake of the Ozarks is a stunning Midwestern retreat that combines lakeside living with plenty of activities for outdoor enthusiasts. The 1,150 miles of shoreline offer ample opportunities for boating, fishing, and jet skiing, while the surrounding wooded hills add to its natural charm. The area also boasts golf courses, dining, and shopping, providing a fun mix of outdoor and cultural experiences. Whether you’re visiting in the summer or winter, Lake of the Ozarks has something to offer year-round.
Unlike other vacation destinations, Lake of the Ozarks offers an affordable option for a second home in a location that’s both scenic and full of activities. The lake’s popularity as a getaway for families and friends means that there’s a steady demand for rental properties. Real estate prices here are considerably lower than other major lakes, allowing buyers to get more value for their investment. The local economy remains robust, with tourism playing a significant role in the area’s growth.
9. Cape Cod, Massachusetts
Cape Cod is a classic vacation home destination that offers a charming mix of quaint seaside villages, picturesque lighthouses, and miles of coastline. The area is ideal for those seeking a peaceful escape with opportunities for fishing, boating, and beachcombing. Cape Cod’s rich history, from colonial settlements to maritime traditions, gives it a unique character. The gentle pace of life, combined with delicious seafood and local attractions, makes it a favorite among vacationers.
While Cape Cod’s property market can be competitive, it offers steady demand for vacation homes throughout the year. The area’s seasonal charm, with bustling summer months and quiet, reflective off-seasons, provides an appealing opportunity for vacation rentals. Owning a vacation home here means access to one of the most beautiful parts of the U.S., known for its relaxing atmosphere and natural beauty. Whether you’re looking for a beach cottage or a larger family home, Cape Cod offers a wide variety of properties.
10. Hood River, Oregon
Hood River sits on the Columbia River Gorge, offering breathtaking views, incredible windsurfing, and a perfect blend of adventure and relaxation. The town has earned a reputation as a mecca for outdoor activities like kiteboarding, hiking, and mountain biking. If you love spending time in nature, you can spend days exploring waterfalls, forests, and volcanic peaks. Its small-town feel mixed with a progressive, eco-conscious community makes it a refreshing place to visit and live.
Hood River is a rising star on the vacation home market due to its stunning landscape and growing tourism. Property prices are still affordable relative to other West Coast destinations like Portland or Seattle, but it’s clear that demand is increasing. Its unique appeal to both adventure lovers and those seeking peace by the river means that vacation rentals can generate solid returns. Whether you want a mountain cabin or a riverside retreat, Hood River is a place that checks all the boxes for an unforgettable getaway.
11. Door County, Wisconsin
Door County is a beloved vacation destination on the Door Peninsula, offering picturesque views, charming small towns, and outdoor recreation. Known as the “Cape Cod of the Midwest,” it features quaint villages, historic lighthouses, and abundant outdoor activities like hiking, boating, and apple picking. The peninsula’s wineries and artisan shops give the area a unique cultural feel. Whether you’re visiting in the summer for the festivals or in the fall for the vibrant foliage, Door County offers a perfect getaway for every season.
Door County’s affordability makes it an appealing location for vacation homeowners. With a combination of natural beauty, friendly communities, and a burgeoning arts scene, it draws visitors year-round. Many visitors return annually, boosting the demand for vacation rentals, especially during the high season. Its relatively low real estate prices make it an affordable option for those looking to invest in a vacation home without the high costs associated with more famous destinations.
12. Lake Chelan, Washington
Lake Chelan is one of Washington’s most stunning gems, offering crystal-clear waters, a stunning mountain backdrop, and a wealth of outdoor activities. Whether you’re boating, wine tasting, or hiking, the lake offers something for everyone. The town itself has a welcoming vibe, with a charming main street full of boutiques and restaurants. Its picturesque setting and temperate climate make it an attractive year-round destination for vacationers seeking both adventure and relaxation.
Lake Chelan’s relatively affordable property market makes it an ideal location for those seeking a vacation home. The town’s growing popularity, especially with visitors seeking a more laid-back, scenic alternative to the more crowded Puget Sound areas, has kept the market steady. Its consistent rental demand, particularly during peak summer months, makes it a smart investment. The area’s combination of natural beauty, outdoor recreation, and small-town charm makes Lake Chelan a prime vacation destination for homebuyers.
13. Santa Fe, New Mexico
Santa Fe offers an enchanting mix of southwestern culture, art, and history, making it a standout destination for vacationers. The city is known for its adobe architecture, vibrant art scene, and the rich cultural influences of Native American, Spanish, and Anglo heritage. Santa Fe’s unique blend of art galleries, fine dining, and nearby outdoor adventures like hiking in the Sangre de Cristo Mountains make it a diverse and interesting place to visit. Its picturesque setting and spiritual ambiance offer an incredible retreat for anyone looking to escape into an artsy, peaceful atmosphere.
Real estate in Santa Fe offers diverse options, from charming adobe homes to sleek modern designs. The city’s growing popularity, driven by its rich cultural offerings and beautiful setting, makes it a top choice for vacation homeowners. Santa Fe attracts visitors year-round, from its ski resorts in the winter to its summer festivals. Owning a vacation home in this vibrant city offers the potential for rental income, as it’s a perennial favorite for travelers seeking an inspiring place to unwind.
14. Bend, Oregon
Bend is a picturesque town set in Central Oregon, offering a perfect blend of outdoor adventure, craft beer culture, and natural beauty. Surrounded by the Cascade Mountains, the town is a paradise for those who love hiking, mountain biking, and skiing in the winter. The Deschutes River runs through the city, providing opportunities for kayaking and paddleboarding, while the nearby high desert offers unique scenery and outdoor experiences. The charming downtown area is filled with local breweries, cafes, and boutiques, making it an ideal destination for those looking for a lively, yet relaxing environment.
The real estate market in Bend has seen steady growth in recent years, as more people are discovering its appeal as an outdoor paradise. Despite its popularity, it still offers relatively affordable options for vacation homes compared to larger cities like Portland. The town’s year-round tourism, with a strong winter sports market and a growing summer crowd, makes vacation rentals highly profitable. Whether you’re looking for a rustic cabin or a modern home with stunning mountain views, Bend offers a range of properties to suit all tastes and budgets.
