There are two rental scenarios for Mt. Charleston, short term and full-time residential. The problem is that prices of the homes are higher than the rent for permanent residents justifies, and maintenance can be quite high due to the difficult landscape and extreme weather in the winter, and many of the cabins are old and were not built for year-round occupancy. Probably you would make more money with short term rentals, but new county ordinances against short term rentals in residential neighborhoods may be a problem. If you are considering purchasing in Mt. Charleston, be sure and check with Clark County Zoning and satisfy yourself as to what is allowed. If you were looking for a quick get-away from the city or a different permanent lifestyle, somewhere with trees and a cooler temperature, our answer would be much different.
Mike Pristow, Donna Hodge & Associates
Keller Williams Realty The marketplace