Second Homes & Investment Properties: Is Now the Time to Buy?

At LUX, we’ve been having a lot of conversations lately with clients wondering the same thing: Should I be thinking about a second home or investment property right now? And honestly, it’s a great question.

Whether you’re dreaming of a weekend getaway tucked into the pines or considering a rental property that works while you sleep, there’s something uniquely exciting (and very smart) about owning real estate that supports both your lifestyle and long-term goals.

Let’s explore what’s happening in the market—and why now might be the right time to take that next step.

Lifestyle Upgrade or Long-Term Investment? Why Not Both?

In today’s world, flexibility is freedom. A second home gives you space to breathe—quite literally if you’re heading up into the mountains—while also offering the potential for appreciation and passive income.

In places like Vail, Beaver

Vail Village

Creek, and parts of Denver, second homes are more than just beautiful spaces—they’re smart, tangible assets. And when you’re not using it? Your property can pay you back through short-term rentals, seasonal stays, or even long-term tenants.

The Short-Term Rental Market Is Still Strong

The demand for well-appointed vacation rentals isn’t slowing down. Travelers are still prioritizing privacy, curated experiences, and unique destinations. And luxury homes? They tend to do exceptionally well when thoughtfully designed and well-managed.

If you choose the right location and set yourself up with a solid property management partner, a second home can generate income and provide you with a place to retreat when you need it.

We often guide our clients through questions like:

• Is this area rental-friendly year-round?

• What kind of guests would this home attract?

• What are the local regulations and permits needed?

We do all of this in partnership with you, because the best investments are the ones that feel good and perform well.

Diversifying Your Portfolio With Real Assets

For many of our clients, purchasing a second property isn’t just about lifestyle—it’s also about balance. Real estate remains one of the most reliable ways to diversify a high-net-worth portfolio. It’s a hedge, a home, and in many cases, a legacy.

Plus, there’s just something grounding about owning something real—a front porch to sip coffee on, a fireplace to gather around, or a view that never gets old.

What Makes a Great Second Home?

If you’re exploring this idea, here are a few things we help our clients look for:

A location with year-round appeal
Think beyond just ski season. Properties near hiking, dining, festivals, or cultural hubs tend to stay booked longer and appreciate faster.

Low-maintenance luxury
Turnkey properties or newly renovated homes often make the best second homes—especially if you won’t be there full-time.

Smart appreciation potential
We’ll show you which neighborhoods are up-and-coming and which luxury pockets hold strong long-term value.

Let’s Talk Numbers (Without Getting Too Spreadsheet-y)

We know this isn’t just a dream purchase—it’s a financial decision. And we take that seriously. At LUX, we bring data to the table, but we also listen to your vision.

Whether you’re curious about rental income projections, tax benefits, or creative financing options, our team walks you through it all with transparency and care.

Why Colorado? Why Now?

Courtesy of Gravity Haus

From downtown penthouses in Denver to alpine homes in Vail, Colorado offers something rare: natural beauty, strong rental demand, and a lifestyle that attracts high-net-worth individuals from across the country.

Buyers are prioritizing health, flexibility, and intentional living—and our local market reflects that shift. People aren’t just buying properties. They’re buying freedom, connection, and time.

Let’s Explore This Together

At LUX Real Estate, we’re here to help you dream big and decide wisely. We bring a deep understanding of the luxury market, a collaborative spirit, and a commitment to doing things the right way—with heart, precision, and integrity.

So if you’ve been sitting with the idea of a second home, let’s talk. We’d love to hear what you’re envisioning—and help you make it a reality.

Ready to Start the Conversation?
Let’s grab coffee, hop on a call, or walk a few properties together.

LUX Real Estate — Where authenticity, excellence, and intentional living guide everything we do.