All Forum Posts by: Parik Nukala
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Post: Looking for Local Insight: 3BR/2.5BA STR near Lake Gregory AirDNA shows $37K revenue

Parik NukalaPosted
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Hi everyone,
I am exploring a short-term rental purchase near Lake Gregory in Crestline, CA, roughly within a 1-mile radius of the lake. The property I am evaluating is a 3 bed, 2.5 bath home that would primarily serve as a weekend getaway rental targeting Southern California visitors.
I pulled data from AirDNA, which projects the following for this area (high confidence score):
- Projected annual revenue: ~$37,000
- ADR: $266
- Occupancy: ~38%
On paper, those numbers seem reasonable, but I am looking for local or operator experience to sanity-check them.
A few questions I would love input on:
- Do these revenue and occupancy levels align with your actual experience in Crestline?
- Are there any unique seasonality patterns or hidden that new owners tend to underestimate?
- Is 38% occupancy realistic for a well-furnished, professionally managed cabin near the lake, or should I underwrite closer to 25–30% to be conservative?
- Any advice on preferred property layouts or amenities that perform best in this sub-market (for example, decks, hot tub, lake view, or easy winter access)?
I plan to self-manage initially and want to understand the local dynamics before moving forward.
Any first-hand experiences, data points, or general advice from owners in the area would be greatly appreciated.