Greenwood Lake, NY

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Greenwood Lake short-term rental market based on reliable data.

Listings

77 / 107

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$51,712

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$422,790

Median Home Sale Price

Top Earners

$102,005

Top-Earners Revenue

Greenwood Lake

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Greenwood Lake.

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B

Generally Investor friendly

Greenwood Lake Regulations

The Village of Greenwood Lake permits short‑term rentals, but requires a natural‑person owner, annual registration, safety inspections, modest fees (~$250 per unit), and occupancy/parking limits. The permitting process is straightforward and the compliance burden is manageable, making the regime friendly for investors.

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About Greenwood Lake

Greenwood Lake is a small village in Orange County, New York, perched at the northern tip of the lake of the same name, which straddles the New York–New Jersey border. The village has a population of roughly 600 residents and a laid-back, seasonal character shaped by its waterfront, surrounding woodlands, and modest downtown of small shops, cafés, and lakeside restaurants. It functions as a long-standing summer escape and year-round weekend retreat for visitors from the greater New York metropolitan area, drawn by the water, the trails, and the rolling countryside of the lower Hudson Valley. New York City lies approximately 50 miles to the south, generally reachable in about an hour and a half by car outside of peak traffic.

The lake is the heart of the community and its primary draw. Stretching roughly nine miles end to end, Greenwood Lake supports boating, kayaking, paddleboarding, swimming at the public beach, and ice fishing once winter sets in. A handful of marinas and a small lakeside boardwalk give the village its quiet resort feel, and the waterfront hosts community events and a summer concert series during the warmer months.

Just to the south and west of the village, Sterling Forest State Park covers more than 20,000 acres across Orange County and into Passaic County, New Jersey, offering an extensive network of hiking trails, a section of the Appalachian Trail, and the climb to the Sterling Forest Fire Tower. The park's mix of forest, lakes, and ridgelines makes it a year-round destination for hikers, mountain bikers, and birdwatchers.

A short drive west brings visitors to the village of Warwick, a well-known Hudson Valley destination recognized for its tree-lined main street, farm-to-table restaurants, and surrounding orchards and vineyards. Warwick hosts the annual Applefest each fall and serves as a gateway to additional outdoor recreation in the surrounding Warwick Valley, including ski areas and working farms open to visitors.

To the east, roughly 30 to 40 minutes by car, Harriman State Park and the adjacent Bear Mountain State Park add more than 200 miles of marked hiking trails, picnic lakes, and seasonal attractions including an ice rink and a small zoo, with sweeping views of the Hudson River from atop Bear Mountain.

Greenwood Lake's appeal as a short-term rental base lies in the combination of a small-village setting with an unusually broad range of outdoor and cultural attractions within easy reach. Guests can spend mornings on the water, afternoons on the trails, and evenings exploring Warwick's restaurants or returning to the village's quiet streets. Its proximity to New York City keeps occupancy strong on weekends and holidays, while the four-season recreational lineup helps extend demand across the calendar.

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