Best Places to Buy a Vacation Home in California - California's top Destinations

Why Should I Invest in a Vacation Rental or Airbnb in California?

Investing in a vacation rental or Airbnb in California can be a lucrative endeavor, offering several financial and personal benefits:

High Demand for Rentals

California remains one of the most visited states in the U.S., drawing millions of domestic and international tourists each year. This steady stream of visitors fuels demand for short-term rentals, especially in popular vacation spots like Palm Springs, Lake Tahoe, and Santa Barbara.

Diverse Tourism Appeal

From world-renowned beaches to mountain escapes and vibrant urban centers, California’s variety of attractions ensures that vacation rentals can be marketed to a wide range of travelers, catering to different seasons and interests.

Potential for High ROI

Many California vacation destinations have high occupancy rates and nightly rental prices, providing property owners with the potential for substantial income. Well-chosen vacation homes can offer higher returns than traditional long-term rentals, especially in high-demand areas with year-round appeal.

Personal Use and Flexibility

Owning a vacation rental allows you to enjoy the property yourself while generating income when you’re not using it. Many investors appreciate the flexibility to have a personal retreat in a desirable location that also pays for itself through rental income.

Top 10 Places in California to Purchase a Short-Term Rental in 2024

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1. South Lake Tahoe

South Lake Tahoe, situated on the stunning California-Nevada border within the Sierra Nevada mountains, is a renowned year-round destination that draws visitors from near and far. Known for its crystal-clear lake, towering pine forests, and panoramic mountain vistas, the area offers an ideal mix of relaxation, outdoor adventure, and vibrant nightlife. South Lake Tahoe provides something for everyone, from serene lakeside picnics to thrilling snow sports and cultural events. This easily accessible location serves as a perfect mountain escape for those seeking to unwind, reconnect with nature, or enjoy an active getaway.

Top Attractions Nearby

South Lake Tahoe is rich with scenic and educational attractions that showcase the natural beauty and unique history of the area. Here are three must-visit sites:

• Emerald Bay State Park – Known for its striking turquoise waters and dramatic views of Fannette Island, Emerald Bay is one of Lake Tahoe’s most photographed spots. Visitors can hike trails that wind through lush pine forests, tour the historic Vikingsholm Castle, or kayak around the bay’s stunning shores to fully experience the park’s unique landscapes.
• Taylor Creek Visitor Center – An educational center perfect for families and nature enthusiasts, Taylor Creek offers informative exhibits about Lake Tahoe’s ecosystem and wildlife. The highlight is the Stream Profile Chamber, a one-of-a-kind viewing area where guests can observe native fish species and underwater habitats through glass panels, gaining a rare glimpse into the life below the surface.
• Mount Tallac Trail – A challenging yet rewarding hike, the Mount Tallac Trail leads adventurers through alpine meadows and rugged terrain, culminating in breathtaking views of Lake Tahoe, Fallen Leaf Lake, and the vast Sierra landscape. Ideal for experienced hikers, this trail offers a memorable way to connect with Tahoe’s natural splendor from high above the lake.

2. San Diego

San Diego, with its golden beaches, vibrant neighborhoods, and near-perfect weather, remains a favorite for vacation home investments. The city’s wide variety of attractions—from lively nightlife to family-friendly spots and natural beauty—make it an ideal location for diverse visitor interests. Neighborhoods like Pacific Beach and La Jolla are especially popular, each offering unique vibes that make San Diego a versatile and attractive destination.

Top Attractions Nearby

San Diego’s coastal areas offer rich, scenic, and exciting experiences for visitors. Here are three must-visit spots:



• La Jolla Cove – A picturesque beach known for its clear blue waters, vibrant marine life, and rocky cliffs. Visitors can enjoy snorkeling to see colorful fish, kayaking along the coast, or simply relaxing while taking in the scenic views of the Pacific.
• Balboa Park – Home to museums, gardens, and the famous San Diego Zoo, Balboa Park is a cultural hub that draws millions of visitors each year. Its Spanish-style architecture and lush landscapes make it a beautiful spot for a leisurely day of exploration.
• Pacific Beach Boardwalk – This lively beach area is perfect for an active day of sun and surf. The boardwalk stretches for miles, offering bike rentals, beachfront dining, and easy access to the sandy shores, making it a favorite for both locals and tourists.

3. Joshua Tree

Joshua Tree, a stunning desert locale, has become a top destination for nature lovers, artists, and those seeking an off-the-beaten-path retreat. Known for its namesake national park, surreal rock formations, and unique desert flora, Joshua Tree offers a tranquil yet inspiring atmosphere for vacationers. It’s a great place for stargazing, hiking, and experiencing the stark beauty of the California desert.

Top Attractions Nearby

Joshua Tree provides an array of attractions that highlight its natural beauty and cultural significance. Here are three must-visit spots:



• Joshua Tree National Park – A vast, rugged landscape famous for its unique Joshua Trees, massive boulders, and wide-open skies. Popular for rock climbing, hiking, and camping, the park is also an official International Dark Sky Park, making it a premier spot for stargazing.
• Noah Purifoy Outdoor Desert Art Museum – An open-air museum featuring large-scale sculptures made from repurposed materials. This quirky, inspiring spot showcases art that blends seamlessly with the desert environment, drawing visitors from around the world.
• Keys View – A scenic lookout within Joshua Tree National Park that offers panoramic views of the Coachella Valley, Salton Sea, and even the distant peaks of Mexico on clear days. The sunset views from Keys View are especially breathtaking, making it a favorite for photographers and nature enthusiasts.

4. Palm Springs

Palm Springs, known for its retro charm, sunny weather, and relaxed desert vibe, has long been a popular getaway destination. Famous for mid-century modern architecture and stunning desert landscapes, Palm Springs attracts a mix of retirees, weekend visitors, and vacationers seeking relaxation or a bit of adventure. The nearby communities of Palm Desert and Rancho Mirage offer additional luxury, golf resorts, and upscale amenities that further enhance the appeal of this desert region.

Top Attractions Nearby

Palm Springs and its surrounding communities are packed with unique attractions and desert beauty. Here are three must-visit spots:

• Palm Springs Aerial Tramway – The world’s largest rotating tramcar transports visitors from the desert floor to the mountain heights of Mount San Jacinto State Park. At the top, there are hiking trails, scenic viewpoints, and cooler mountain air, providing a refreshing escape from the desert heat.
• Palm Desert’s El Paseo Shopping District – Often called the “Rodeo Drive of the Desert,” this upscale shopping district features a mix of designer boutiques, art galleries, and fine dining options, making it perfect for a leisurely afternoon.
• Indian Canyons – A natural oasis in the desert, the Indian Canyons are home to the region’s largest collection of native California fan palms. Visitors can hike along shaded trails and enjoy the contrasting lush greenery against the rugged desert landscape.

5. Santa Barbara

Santa Barbara, often referred to as “The American Riviera,” combines Mediterranean-style architecture, golden beaches, and wine country appeal in one luxurious destination. Known for its scenic coastline, upscale dining, and vineyard tours, Santa Barbara attracts vacationers seeking a relaxed yet sophisticated coastal experience. It’s a top choice for those looking for a balanced mix of luxury and natural beauty.

Top Attractions Nearby



Santa Barbara is packed with beautiful sights and cultural landmarks. Here are three must-visit spots:

• Santa Barbara Mission – Known as the “Queen of the Missions,” this historic site features beautifully preserved Spanish colonial architecture, gardens, and museum exhibits detailing the area’s rich history.
• Stearns Wharf – A popular destination for ocean views, shopping, and seafood, Stearns Wharf is California’s oldest working wharf. Visitors can stroll along the pier, enjoy fresh seafood, and visit the Santa Barbara Museum of Natural History Sea Center.
• Santa Ynez Valley Wine Country – Just a short drive from Santa Barbara, the Santa Ynez Valley is home to numerous vineyards and wineries. Visitors can enjoy tastings, tours, and picturesque views of rolling vineyards, making it an ideal day trip for wine enthusiasts.

6. Paso Robles

Paso Robles, located along California’s Central Coast, has emerged as a top wine country destination, offering a more laid-back alternative to Napa Valley. Known for its beautiful vineyards, hot springs, and small-town charm, Paso Robles is a perfect retreat for those seeking a relaxed pace and access to some of California’s best wines. This emerging area combines scenic beauty with growing cultural and culinary appeal.

Top Attractions Nearby

Paso Robles offers a variety of experiences, from wine tasting to hot springs. Here are three must-visit spots:

• Downtown Paso Robles – The charming town square is surrounded by boutique shops, restaurants, and tasting rooms, offering a relaxed setting for exploring local wines, artisan goods, and farm-to-table dining.
• Sensorio Field of Light – A stunning light installation by artist Bruce Munro, Sensorio features thousands of solar-powered lights spread across rolling hills, creating a magical experience after sunset. This immersive art installation has become one of Paso Robles’ most iconic attractions.
• Wine Tasting in Paso Robles Wine Country – With over 200 wineries in the region, Paso Robles offers a diverse wine-tasting experience, from intimate boutique wineries to well-known vineyards. Visitors can enjoy tastings of unique varietals while taking in views of lush vineyards and rolling hills.

7. Mammoth Lakes

Mammoth Lakes, nestled in the Eastern Sierra, is an outdoor enthusiast’s paradise and a beloved year-round destination. Known for its excellent skiing and snowboarding in the winter and beautiful hiking trails, lakes, and hot springs in the summer, Mammoth Lakes attracts visitors looking for adventure and tranquility in equal measure. With its scenic mountain landscapes and small-town charm, it’s an ideal location for those seeking a vacation home that offers both relaxation and thrilling outdoor activities.

Top Attractions Nearby

Mammoth Lakes is surrounded by natural wonders and outdoor activities. Here are three must-visit spots:

• Mammoth Mountain – A premier destination for winter sports, Mammoth Mountain offers skiing, snowboarding, and snowshoeing. In the warmer months, it’s also a popular spot for mountain biking and scenic gondola rides with panoramic views of the Sierra Nevada.
• Devils Postpile National Monument – This unique geological formation, featuring towering basalt columns, is a must-see for visitors. The monument is accessible by a scenic hike and is located near the stunning Rainbow Falls, adding to its appeal for nature lovers.
• Hot Creek Geological Site – Located in a picturesque canyon, Hot Creek offers naturally occurring hot springs surrounded by scenic mountain views. Though swimming is no longer permitted, visitors can still enjoy the site’s beauty and learn about the geothermal activity that makes the area unique.



8. Big Bear Lake

Big Bear Lake, located in Southern California’s San Bernardino Mountains, is a year-round getaway that appeals to families, couples, and adventurers alike. Known for its beautiful lake, small-town charm, and variety of outdoor activities, Big Bear Lake provides a serene escape from city life. With easy access from Los Angeles and other Southern California cities, it’s a perfect spot for a second home that’s close to nature yet offers ample amenities.

Top Attractions Nearby

Big Bear Lake is filled with scenic spots and recreational activities. Here are three must-visit sites:



• Big Bear Alpine Zoo – This wildlife sanctuary and rehabilitation center is home to rescued animals native to the area, including bears, wolves, and eagles. It’s a family-friendly destination where visitors can learn about local wildlife conservation efforts.
• Castle Rock Trail – A popular hiking trail offering moderate difficulty, Castle Rock Trail leads visitors through pine forests to scenic viewpoints overlooking Big Bear Lake. It’s a favorite for those seeking a short yet rewarding hike with panoramic views.
• Snow Summit – A year-round mountain resort, Snow Summit offers skiing and snowboarding in winter, while summer visitors can enjoy mountain biking and scenic chairlift rides with sweeping views of the lake and surrounding mountains.

9. Lucerne Valley

Lucerne Valley, located in the Mojave Desert near Joshua Tree and Big Bear Lake, is a hidden gem offering affordable real estate and stunning desert landscapes. The area is perfect for those looking for a quiet escape with easy access to popular desert attractions and mountain activities. Its proximity to Joshua Tree National Park and the San Bernardino National Forest makes it a unique spot for vacationers who enjoy diverse landscapes and a secluded, rustic feel.

Top Attractions Nearby

Lucerne Valley’s surrounding area offers a blend of desert beauty and mountain recreation. Here are three must-visit spots:



• Johnson Valley Off-Highway Vehicle Area – Known for its vast open desert, Johnson Valley is a popular spot for off-roading and outdoor adventures. It’s also home to the King of the Hammers off-road race, attracting motorsport enthusiasts from around the world.
• Lucerne Valley Museum and History Center – This small local museum offers insight into the history and culture of Lucerne Valley, with exhibits showcasing Native American artifacts, pioneer history, and geological displays.
• Butler Peak Fire Lookout – Located in the nearby San Bernardino National Forest, Butler Peak offers breathtaking views of Big Bear Lake, the Mojave Desert, and the San Gabriel Mountains. It’s a rewarding hike with panoramic views for those seeking an off-the-beaten-path adventure.

10. Barrio Logan, San Diego

Barrio Logan, a historic and culturally rich neighborhood in San Diego, has become an up-and-coming area with a growing arts scene, unique culinary experiences, and deep cultural roots. Known for its vibrant murals, community events, and authentic Mexican heritage, Barrio Logan offers visitors a distinctive experience that sets it apart from the more tourist-centric areas of San Diego. Its proximity to downtown San Diego and the waterfront makes it an attractive spot for vacation home investments for those seeking a blend of urban amenities and local charm.

Top Attractions Nearby

Barrio Logan features a variety of attractions that highlight its artistic and cultural significance. Here are three must-visit spots:



• Chicano Park – Famous for its large collection of colorful murals that celebrate Mexican-American culture, Chicano Park is a National Historic Landmark and a must-see for art lovers. The park often hosts cultural events, including festivals and live performances, making it a lively gathering place.
• Cesar Chavez Park – This waterfront park offers scenic views of San Diego Bay and is a popular spot for picnics, fishing, and quiet strolls. The park’s peaceful atmosphere and views of the Coronado Bridge make it a relaxing retreat within the city.
• Barrio Logan Art Crawl – Held on the second Saturday of every month, this art walk invites visitors to explore local galleries, studios, and artisan shops. The event provides a glimpse into the neighborhood’s thriving creative community, with live music, food vendors, and open studios adding to the experience.

What to Know About the California Vacation Home Market

California’s vacation home market is diverse and dynamic, with each location presenting unique investment opportunities. In popular spots like Lake Tahoe and Palm Springs, demand remains steady, driven by both tourists and seasonal residents. Key trends indicate that properties with scenic views, proximity to recreational areas, and modern amenities are particularly valuable. With strong rental potential and often high occupancy rates in tourist-heavy areas, the California vacation home market offers attractive ROI for investors who choose locations carefully.

Essential Amenities for California Homes That Boost Rental Appeal

To maximize rental income, certain amenities can make California vacation homes stand out. Properties with outdoor spaces like patios or decks, access to pools, and amenities for remote work are especially desirable. Proximity to popular attractions, high-speed internet, and well-equipped kitchens also add appeal. In mountain areas, features like fireplaces and hot tubs are in demand, while beach homes benefit from air conditioning and outdoor showers. Thoughtful amenities can significantly enhance rental value and attract a broader range of guests year-round.

California’s Best Spots for Rental Properties: Are You Ready to Find a Profitable Vacation Home?

Investing in California's best vacation rental spots offers both personal enjoyment and the potential for consistent financial returns in one of the country’s most popular destinations. Premium services like BNB Turnkey and Home Team Vacation Rentals make the journey easy, providing complete support from selecting high-potential properties to expert property management.

Whether you’re looking to build a profitable portfolio with luxury rentals or seeking a personal retreat that generates income, BNB Turnkey delivers a tailored, hands-off experience. With comprehensive service, each property is carefully chosen, beautifully designed, and fully managed to maximize your returns while minimizing your workload.

Are you ready to let BNB Turnkey and Home Team Vacation Rentals help you find the perfect vacation home to bring your investment goals to life in California’s thriving rental market? Buy a vacation home with us!