Beaver Island, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Beaver Island short-term rental market based on reliable data.

Listings

20 / 73

Reliable / Active

Revenue

$25,955

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Top Earners

$43,473

Top-Earners Revenue

Beaver Island

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Beaver Island.

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B

Generally Investor friendly

Beaver Island Regulations

STRs are allowed citywide with no caps and minimal barriers; compliance currently requires only basic zoning, septic, fire-safety, and occupancy checks, with moderate annual licensing and fees under discussion.

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About Beaver Island

Beaver Island is an island in Lake Michigan in the U.S. state of Michigan. At 55.8 sq mi (145 km2), it is the largest island in Lake Michigan and the third largest island in Michigan after Isle Royale and Drummond Island. The island is located approximately 32 miles (51 km) from the city of Charlevoix. Beaver Island had a total population of 657 at the 2010 census. Beaver Island is part of Charlevoix County.Until 1856, Beaver Island was home to a unique American political and religious experiment, a Mormon theocracy and monarchy ruled by King James Strang, who unsuccessfully challenged Brigham Young for the post-Joseph Smith leadership of Mormonism. Despite failing to gain a majority following, Strang remained the self-appointed leader of a Mormon splinter group, who were known colloquially as the Strangites to distinguish them from the much larger and mainstream Church of Jesus Christ of Latter-day Saints. After Strang's assassination that year, dispossessed Irish American fishermen from the County Donegal Gaeltacht returned, expelled the Strangites, and retook the island, which is now a popular vacation and tourist destination. Portions of the island and surrounding archipelago are protected as part of the Beaver Islands State Wildlife Research Area.

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