Summit County and some of the individual towns within Summit County are in the process of reviewing, modifying, and in some instances, limiting short-term rentals. As you review these guidelines, it is important to know where your property (or potential property) is located. A home may have a "Breckenridge" address, but is not actually within the Breckenridge town limits. If you are having difficulty determining if the property is within or outside a town's limits, please do not hesitate to give us a call.
Unincorporated Summit County:
The new regulations being reviewed by the Board of County Commissioners will apply to any property that is in unincorporated Summit County. This means property that is NOT within a town limit. Examples would be Wildernest, Ptarmigan, Summit Cove, Keystone, Copper Mountain, areas south of Breckenridge but not within Blue River town limits, Peak 7, Ten Mile Vista, Montezuma, and many other areas. Currently, the County is in a Short-term Rental Moratorium in order for the BOCC to address the local workforce housing crisis and to give the County time to examine data and take a surgical approach to any proposed code amendments. This moratorium is only for new licenses and does not affect the conversions or renewals. Specific areas that are exempted from this moratorium include Copper Mountain, Keystone, and Peak 8 since these are areas built specifically for 2nd homeowners and short-term rentals. To read more about what the County is doing for unincorporated areas, please click HERE.
Town of Breckenridge:
The Town of Breckenridge has adopted the most stringent guidelines for Short-term rentals. Beginning on November 2, 2021, the Town will only allow 2,200 short-term rental licenses (with the exception of exemptions). Existing Short-term rental licenses are not affected by this ordinance, however, a new property owner will not be able to obtain a STR license until the Town falls BELOW 2,200 licenses (outside of exempted properties). There are roughly 3,000 non-exempt licenses right now. Permits will be reduced through attrition, meaning as properties are sold, or licenses are turned in, the permit level will be reduced. Once the 2,200 level is achieved in several years, the Town will issue licenses based on a waiting list. To view a list of FAQ and answers, you can click HERE. To view the Town's website with more information, click HERE.
Town of Frisco:
As of now, the Town of Frisco has not decided on anything but are in the process of researching options.
Town of Dillon:
While the Town of Dillon had planned to pass an emergency 7-month moratorium on new STR permits back in September, the council chose not to move forward with the emergency ordinance, citing the need for more research.
Town of Silverthorne:
At this point, the Town of Silverthorne is just watching and listening at this time. No action is planned on STR as of right now.
Town of Blue River:
the Town of Blue River is not currently making any changes but instead will be looking at a long-term strategic approach to how short-term rentals look in the Town moving forward.