11 Turnkey Vacation Rental Homes & Cottages

An established lakefront rental business just one mile from Chautauqua Institution. Family-operated for 30 years, with a loyal base of returning guests, a proven rental history, and an established operating structure in place for its next owner.

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At a glance

The business, in numbers.

Rental units

Two year-round single-family homes and nine seasonal cottages, on contiguous waterfront land.

30+ yrs

Family-operated

Owned and run as a single business for three decades, with multi-generational guest families returning year after year.

1 mile

To Chautauqua Institution

A short drive to one of the Northeast’s most durable cultural destinations — the demand driver for peak-season rates.

Superhost

Earned Summer 2026

Airbnb Superhost status and a loyal direct-booking guest base.

Property snapshot

Address5088 & 5090 W. Lake Rd · Mayville, NY 14757
SettingChautauqua Lake · 1 mi N of Chautauqua Institution
Acreage1.62 acres · 4 contiguous parcels
Building area (total)~7,500 sq ft
Originally constructedcirca 1900
Lake frontage211 ft on Chautauqua Lake
Dock slips17 slips
Year-round units2 homes · Blue House, Beige House
Seasonal cottages9 cottages · No. 1 through No. 9
Total bedrooms29 across 11 units
Total bathrooms14 full
Total sleeps capacity59 in beds · up to 81 with sleeper sofas

List price

$1,395,000

Represented by Brandi Russo, Howard Hanna Holt. Diligence materials available upon signed NDA.

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The units

2 bed · sleeps 4–8 · deck

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Seasonal

Cottage No. 9

3 bed · sleeps 6 · screened porch

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Highlights

What makes this property stand out.

211 Feet of Lake Frontage

Situated along Irwin Bay on Chautauqua Lake, the property includes approximately 211 feet of lake frontage, a private 17-slip dock, and direct lake access across four contiguous parcels.

Chautauqua Institution Proximity

Located approximately one mile north of Chautauqua Institution, whose nine-week summer season attracts visitors for concerts, lectures, arts, and entertainment, contributing to the area’s seasonal rental demand.

Established Business & Loyal Guest Base

More than 30 years of operation, a strong base of returning guests, an established direct-booking website, integrated availability calendar, and Airbnb Superhost status.

Established Operations & Remote Management

Currently operated by owners who live off-site, with local housekeeping and vendor relationships in place. Maintenance is tracked through Breezeway, and established systems support continued remote management or hands-on ownership.

Recent Improvements Throughout the Property

All 11 rental units refreshed or upgraded between 2024 and 2026, including professionally designed interiors, exterior improvements, landscaping, parking expansion, and upgraded guest amenities.

Opportunity for Additional Revenue

Currently, only four of the 11 rental units are listed on Airbnb. Expanding to the remaining units, adding Vrbo, and building shoulder-season and off-season bookings offer opportunities for additional rental revenue.