Florence Vacation Rental | Otter Banks | Home Rental (2024)

**The security and safety of our guests is top priority and we want to reassure all steps have been taken to follow CDC and WHO guidelines for Sanitizing and disinfecting our homes**

Otter Banks - Florence, Oregon.

Beautiful Modern Home on Mercer Lake - Private Dock!

4 BR / 2.5 BA / Sleeps 10

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SLEEPING ARRANGMENTS:

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Master Bedroom - Main Level:

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- King Size Size Bed

- TV

- Private Bath w/ Full size soaking tub

Second Bedroom - Upper Level:

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- Queen Size Bed

- Shared Bathroom

Third Bedroom - Upper Level:

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- Queen Size Bed

-Shared Bathroom

Fourth Bedroom - Upper Level:

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- Full sized Bunk Bed

-Shared Bathroom

Pull out Full Sized Couch

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AMENITIES:

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- Fully Stocked Kitchen

- Cable TV **Cable TV on Main floor; Smart TVs

- Wi-Fi

- Linens/Towels Provided

- Washer/ Dryer

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PROPERTY HIGHLIGHTS:

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- Kayaks and Paddle Boards Available

- Private Dock

- Mercer Lake Lakefront Property

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PROPERTY DISTANCE TO:

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- 1 Mile to Mercer Lake Resort / Marina

- 7.5 miles to Ocean

- 7.5 miles to Downtown Florence

- 7.5 miles to Sea Lion Caves

- 8.5 miles to dunes access

- 9 miles to Heceta Head Lighthouse

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Otter Banks Lake House is lakefront living at its finest! Located along the eastern shores of Mercer Lake just 1.5 miles from Hwy 101, this fabulous 4 bedroom 2.5 bath 3100 sq. ft. home can sleep up to 10 guests. It is well appointed, sparing no expense and encompassing the beauty of Mercer Lake with unsurpassed views. Comfort, style, and luxury living come together in the many details around this striking home. Bring your boat or water craft and enjoy one of the finest lakes for fishing and play along the Florence Oregon Coast. Fish right off the dock for Largemouth Bass, Perch and Rainbow Trout.

The kitchen has everything you’ll need to prepare your meals, including a dual temperature wine fridge. The main living area features an open floor plan combining the living room, kitchen, and dining room, allowing for perfect casual family living and easy entertaining at the dining table and breakfast bar.

The spectacular panoramic view from the lakeside wall to wall windows on both floors creates a perfect backdrop for any event.

The Master Bedroom located on the main floor offers your own personal view of Mercer Lake, a separate deck and entrance, and a heated soaker tub with TV in the Master Bath invites you to relax, soak and unwind. Relax on the love seat at the end of the day with your favorite glass of wine while watching stunning sunsets of gold, orange and purple.

Mercer Lake:

Lake access - The resort across the road is for resort guests however if you rent a pontoon boat for 150.00 you get all day access to the resort amenities including a swimming area, beach front, water trampoline.. They also have other water toy rental options. If you bring your own boat ther is a public boat lauch just before the the resort, Take Mercer lake road just a couple hundred feet to Bayberry Ln., turn left then imediatly right onto Archer Ln., ramp is streight ahead.

Mercer is a good sized lake listed at 341acres on the north side of Florence. Great largemouth bass fishing, yellow perch, bullhead catfish, seasonally stocked rainbow trout and some sunfish as well..

With a boat, you can poke around the long Dowell and Dahlin arms and many small coves and points around the lake. There are standing and fallen trees around the shoreline, as well as a fair number of docks, that add to the potential cover for bass and panfish.

What’s nearby:

This home is a quick drive from multiple access points to the Oregon Dunes and ocean beaches including the popular access just out South Jetty Road. The charming Old Town section of the city 
is filled with lovely shops, cafes, galleries, and restaurants. You will also be minutes from numerous trailheads for hiking or mountain biking. The coastal forests flourishing in Douglas fir and Sitka spruce extend nearly to the Ocean. Some trails wind up, over, and through sand dunes, offering hikers the opportunity to experience the unique natural wonders of this area. Take a scenic drive up Hwy 101 to Heceta Head Lighthouse where free tours are offered daily. Get your adrenalin flowing on a nearby dune buggy tour or with an ATV rental, or go crabbing from the Siuslaw Bay public fishing pier at the end of South Jetty road where crabbing is excellent from late spring until the fresh water from winter rains force the crabs out to the ocean.

Room for 2 Cars in the Driveway Room for 3 Vehicles in graveled area just alongside the road

**PLEASE NOTE IF BOOKING w/ AIRBNB** - Airbnb cleaning fees include service fees. please ask manager for a break down if needed.

**The security and safety of our guests is top priority and we want to reassure all steps have been taken to follow CDC and WHO guidelines for Sanitizing and disinfecting our homes**

Florence Vacation Rental | Otter Banks |  Home Rental (2024)

FAQs

How much income to expect on a vacation rental? ›

According to John Banczak, the executive chairman of TurnKey Vacation Rentals, for every $100,000 you pay towards a vacation property, you should aim for an annual rental income of about $10,000.

How lucrative are vacation rentals? ›

How much a vacation rental will earn can vary on location, size, and amenities. Still, research shows that vacation rentals are responsible for 130% more revenue on average than traditional long-term rentals. A vacation rental can act both as an investment as well as a holiday home for a quick getaway.

Why are vacation rentals so expensive right now? ›

With the high inflation, hosts spend more on utilities, maintenance, property taxes, and other overheads for running these accommodations. As a result, hosts have to adjust their prices upwards to cover the increased costs and still make some profits.

How do you know if a vacation rental is a good investment? ›

How to Evaluate Vacation Rental Property Like a Pro
  1. Key Takeaways. ...
  2. Determine buying power. ...
  3. Analyze the market. ...
  4. Review local laws and regulations. ...
  5. Estimate expenses. ...
  6. Use ROI, CoC, and cap rate tools. ...
  7. Consider rental demand. ...
  8. Consult with property investment experts.

What is the average return on vacation rental property? ›

More Flexible Use - You can use a vacation rental for personal vacations in off-seasons when unbooked. Harder with long term tenants. Greater Cash-on-Cash Returns - Typical CoC returns of 8-12% beat the 6-8% range for long term rentals in many markets.

How much can my house make on Airbnb? ›

Average Annual Host Revenue By State (United States):2021/2020
STATEAVERAGE ANNUAL HOST EARNINGS 2021AVERAGE ANNUAL HOST EARNINGS 2020
California$54,461$33,718
Florida$53,209$28,012
South Carolina$49,641$28,547
Utah$48,568$36,206
6 more rows

What is the most popular vacation rental company? ›

Airbnb. Airbnb is not only the most popular and trusted vacation home rental website, but it's also the fastest growing. The company has over 6 million vacation rental listings worldwide in more than 220 countries and regions.

Where is the most expensive place to rent for vacation? ›

There are two properties that rank as the most expensive Airbnbs on the planet. For an eye-watering $18,000 a night, you can book a stay at Middle Cay, an idyllic private island in the Bahamas, or live it up at Casa del Oso, a 10-bedroom waterfront mansion in Punta Mita, Mexico.

Are short-term rentals over saturated? ›

A greater number of short-term rental listings in an area can lead to a situation where supply exceeds demand. This results in what is known as market oversaturation, causing occupancy rates to decline.

How long do you depreciate vacation rental property? ›

Depreciation is the process used to deduct the costs of buying and improving a rental property. Rather than taking one large deduction in the year you buy (or improve) the property, depreciation distributes the deduction across the useful life (27.5 years) of the property.

Are vacation rentals still a good investment? ›

A vacation rental can be a smart way to lock in a healthy financial future. Real estate properties tend to appreciate in value over time. A vacation home is no different. If the economy permits and if we see steadily climbing inflation, the value of your investment property could climb over time, too.

Is vacation rental income passive? ›

How can we help? A vacation home property won't be considered passive and won't be entered on Form 8582 Passive Activity Loss Limitations.

What is a good profit margin for vacation rentals? ›

A good profit margin for a vacation rental property is considered to be 10-20%.

How much does the average Vrbo owner make? ›

How Much Do VRBO Owners Make? VRBO hosts can earn an average of $33,000 per year, according to a study that was done in 2017 on vacation rental companies and short term rental data. Can You List Your Property on VRBO and AirBnb?

How much should I spend on vacation based on income? ›

Don't go into debt for your dream trip

If you're looking for a simpler way to figure out how much you'll have to spend for vacation annually, a common rule of thumb is 5% to 10% of your net (after taxes and other withholdings) income.

How much should I make off my rental? ›

It is generally recommended to aim for an ROI of 10-15%. However, the ROI that is considered “good” or “bad” is dependent on an individual's financial standing and the particular property they choose to invest in.

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