Swan Lake Villa Rental with PoolLisa Selin Davis | November 22, 2011
I got wind of this four-bedroom chalet-ish rental on Swan Lake through the local parents listserv in my neighborhood, and it caught my eye. Hilltop pool! 360-degree views! Mod furnishings that look more Heywood Wakefield than IKEA! It says its on 10 secluded acres, which I did not realize was a possibility on Swan Lake. Hm.
Perhaps most interesting is the rental price. Starts at $350 per night and $2500 per week. A similar property, with five beds and three baths, in need of a designer’s touch, is $165,000. Let’s say you spend $100,000 renovating and adding a pool (is that too modest an estimate, if the property only needs cosmetic changes?) — I still think you could make most of your mortgage and expenses back if you rented it out for one week a month. The house above is a world more appealing than other Swan Lake rentals I’ve looked at, so that’s a lesson, too: if you want to make a little income off your country house, beautify it right.