TUESDAY, NOVEMBER 26, 2024
20 types of vacation homes [plus, tips on how to choose one]
headshot of writer Tony Huynh
Tony Huynh
, Senior Content Writer
Published Date:
November 19, 2024
A luxury vacation home with a pool and deck.
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With a blend of comfort and privacy, vacation homes are tailor-made for creating lasting memories with family and friends. However, with so many types of vacation homes available, choosing the right one may feel overwhelming at first. Our guide explores the 20 most popular vacation home options, reveals their pros and cons, and offers helpful tips to navigate your search.
Menu
Condominiums
Villas
Cottages
Cabins
Chalets
Single-family home
Beach houses
Lake houses
Mansions
Townhomes
Apartments
Studios
Timeshares
Short-term rentals
Aparthotels
Lodges
Bungalows
RVs
Houseboats
Unusual homes
1. Condominiums
Best for: Groups, first-time vacation home buyers, urban getaways
A photo of a luxury condominium, one of the many types of vacation homes.
Condominiums are multi-family units within a larger building. Condos are a convenient, relatively low-maintenance option and may feature luxury amenities like pools, fitness centers and security precautions. Consider a condo if you're looking for a vacation home in a city or easy access to urban attractions.
Pros
Cons
Multi-family units may be more affordable
Neighbors may share a wall
Low maintenance
HOA restrictions are common
Security features may include gated entry
Not ideal for large groups
2. Villas
Best for: Multi-generational vacations, luxurious stays, nature lovers
A photo of a luxury villa, one of the many types of vacation homes.
Villas are typically larger, freestanding homes offering ample space and privacy in a tranquil or tropical setting. They often boast world-class features like private pools, stunning views and expansive gardens. A villa’s luxury interior design may feature multiple indoor and outdoor areas to lounge in, all while embracing the surrounding natural environment.
Pros
Cons
Spacious and private
Potentially higher costs
Luxurious amenities
Often in remote locations
Stunning locations
Potentially more maintenance due to proximity to nature
3. Cottages
Best for: Romantic getaways, cozy retreats, budget-conscious travelers
A photo of a luxury cottage, one of the many types of vacation homes.
Cottages offer a charming escape for those seeking a simpler, more intimate vacation experience. These quaint dwellings often feature fireplaces and rustic decor. This type of accommodation is ideal for couples or small families looking to get away from the hustle and bustle of city life and spend quality time together.
Pros
Cons
Often affordable year-round
Space is tight
Typically nestled somewhere peaceful
Fewer amenities may be available
Perfect for creating memories together
Remote locations may require a car
4. Cabins
Best for: Nature lovers, rustic adventures, off-the-grid experiences
A photo of a luxury cabin, one of the many types of vacation homes.
A cabin serves as the perfect mountain getaway. Cabins are usually located in forest settings and some have sustainable design for off-the-grid use. You’ll likely be close to outdoor activities like hiking, mountain biking or bird watching. A cabin is a great option for those who want to enjoy a comfort level above camping while still having nature at your doorstep.
Pros
Cons
Easily immerse yourself in nature
Space is tight
Often pet friendly
Fewer amenities may be available
A comfortable version of camping
Bugs may be more common
5. Chalets
Best for: Winter vacations, ski trips, large groups
A photo of a luxury chalet, one of the many types of vacation homes.
Chalets are quintessential modern mountain homes inspired by Swiss architecture. Built for snowy climates, they feature recognizable steeply pitched roofs with wide, overhanging eaves that shed snow effectively. These cozy dwellings are ideal for winter vacations and enjoying stunning mountain vistas — making them perfect for hosting a ski trip.
Pros
Cons
Perfect for enjoying winter sports
May be too expensive for small groups
Scenic views are usually abundant
May be inaccessible during heavy snowfall
Good for groups
Potentially higher heating costs
6. Single-family homes
Best for: Families, large groups, flexibility for renovations and customization
A photo of a luxury single-family home, one of the many types of vacation homes.
Single-family vacation homes are the best type of house for people who value privacy and space. This option offers a true home-away-from-home experience with potential amenities like a garage and backyard. Perfect for large families or groups traveling together, single-family homes provide the freedom to come and go without sharing walls or common areas with neighbors.
Pros
Cons
Buyers can often customize with ease
Higher maintenance costs
Ample amounts of space
Property taxes and insurance
Vacationers don’t share walls
May be located in the suburbs, far from urban areas and things to do
7. Beach houses
Best for: Sun and water enthusiasts, families with children
A photo of a luxury beach house, one of the many types of vacation homes.
Beach houses offer the quintessential coastal retreat, putting you steps away from the sand and surf. Imagine waking up to the sound of crashing waves, spending your days sunbathing and enjoying breathtaking sunrises or sunsets. A beach house is perfect for families with children or water enthusiasts who want to indulge in water sports like surfing, kayaking or paddleboarding.
Pros
Cons
Easy beach access
Exposed to storms
Perfect for on-the-water activities
High demand may lead to higher price
Water views
May attract sand erosion
8. Lake houses
Best for: Water lovers, fishing trips, peaceful retreats
A photo of a luxury lake house, one of the many types of vacation homes.
A lake house can be a waterfront oasis or close to a freshwater lake. If you’re seeking a tranquil vacation experience surrounded by nature, look no further. Lake houses are perfect for those who want easy access to the water from a private dock. They also provide a peaceful retreat for those seeking relaxation and a deep connection with nature.
Pros
Cons
Ideal for boating and fishing
Potential algae blooms
Easy access to water activities
Plenty of maintenance considerations
Potential for a private dock
May not have access during the winter
9. Mansions
Best for: Extended family visits, extravagant gatherings, an abundance of space
A photo of a mansion, one of the many types of vacation homes.
Mansions are arguably the most luxurious type of vacation property available. They are perfect for large families who need lots of space, grand celebrations or those seeking a high-class vacation experience. These estates boast expansive living areas, multiple bedrooms and bathrooms, and lavish features like wine cellars, home theaters and game rooms.
Pros
Cons
Unmatched luxury
Extremely high cost
Loads of space
Loads of space to clean
Perfect for entertaining
Potentially limited availability
10. Townhomes
Best for: Urban adventures, first-time vacation home buyers, young couples
A photo of a luxury townhome, one of the many types of vacation homes.
Townhomes blend condo-style living with the feel of a single-family home. These multi-story residences share one or two walls with neighboring units but have their own private entrances and, often, small yards or patios. Townhomes are great for vacationers seeking an urban escape with easy access to restaurants, shops and attractions. They can also be a good option for first-time vacation home buyers due to lower price points compared to detached single-family homes.
Pros
Cons
Frequently situated in walkable urban areas
Shared walls
Low-maintenance living
Possible HOA restrictions
Access to shared amenities
Minimal outdoor space
11. Apartments
Best for: Short stays, budget-conscious travelers, city exploration
A photo of a luxury apartment, one of the many types of vacation homes.
An apartment is a convenient and affordable option for shorter vacations in cities or neighboring suburbs. You will often find these multi-family units within large complexes. They provide basic living amenities and a place to rest your head after a day of exploring. Apartments come in many styles, containing both luxury and budget-friendly vacation accommodations.
Pros
Cons
Budget-friendly
Less privacy
Prime locations
Fewer amenities
Minimal maintenance
Rent may go up
12. Studios
Best for: Solo travelers, short stays, budget-conscious adventurers
A photo of a luxury studio, one of the many types of vacation homes.
Studios are compact living spaces with affordability as its biggest perk. They are often in prime urban locations that put you steps away from the action. Plus, with minimal cleaning required in a single space, travelers can maximize their time exploring a destination.
Pros
Cons
Very affordable
Very limited space
Prime city locations
Lack of privacy if sharing
Low maintenance
Limited amenities
13. Timeshares
Best for: Travelers who frequent the same destination, families who need kids clubs
A photo of a luxury timeshare, one of the many types of vacation homes.
Owning a timeshare at a specific resort usually ensures you'll have a place to stay during your preferred travel week, year after year. This can be a good option for families who return to the same location every year, especially if the timeshare offers desired amenities like pools, kids clubs or on-site restaurants.
Pros
Cons
Guaranteed accommodations
Limited flexibility
Little maintenance necessary
Ongoing costs
Plenty of amenities and activities
Potential resale challenges
14. Short-term rentals
Best for: Flexible travelers, getting a variety of locations, experiencing a local area
A photo of a short-term rental, one of the many types of vacation homes.
Short-term rentals come in a wide array of options, and you can book multiple places depending on your itinerary and proximity to daily activities. This flexibility allows you to find the perfect types of vacation rentals for your needs and budget in almost any location, providing a more customizable vacation experience. Staying in a short-term rental may feel more immersive than a hotel or other multi-family unit accommodations.
Pros
Cons
Variety and flexibility
Variable quality
Range of prices
Potential for hidden fees
Easy to book online
Uncertain availability
15. Aparthotels
Best for: Extended stays, travelers who like hotel amenities with a homey feel
A photo of an aparthotel, one of the many types of vacation homes.
Aparthotels, or condotels, are a hybrid solution for travelers who crave both hotel amenities and the space of an apartment or condo. They allow guests to enjoy housekeeping services and on-site restaurants like a hotel while also having the comfort of a separate living area, kitchen and bedrooms in a multifamily unit.
Pros
Cons
Hotel amenities and services
Higher cost than apartments
Apartment-style living
Fewer amenities than traditional hotels
Easy to book online
Cookie-cutter aesthetic
16. Lodges
Best for: Nature enthusiasts, adventure seekers, social travelers
A photo of a lodge, one of the many types of vacation homes.
Lodges are full of rustic charm and a sense of remoteness, perfect for those seeking an escape into nature. Many lodges provide staff-guided adventures and excursions, allowing you to fully immerse yourself in the natural environment. The communal atmosphere of lodges fosters social interaction with fellow travelers, creating a unique opportunity to share stories and experiences while vacationing.
Pros
Cons
Immersion in nature
Remote locations
Social atmosphere
Limited privacy
Excursions available
Social settings may not suit families
17. Bungalows
Best for: Budget-minded travelers, couples, small families
A photo of a bungalow, one of the many types of vacation homes.
Bungalows are single-story dwellings known for their compact size and charm. They offer a cozy, affordable option for couples or small families who want to share a small space. The simple layout with minimal living space encourages quality time together. You will often find bungalows in beach towns or scenic locations, providing a relaxing atmosphere close to nature.
Pros
Cons
A sense of intimacy and togetherness
Might be unavailable in urban areas
Often found in charming beach towns
May be difficult to find a new model
Budget-friendly
Limited space
18. RVs
Best for: Adventurous travelers seeking freedom and flexibility, road trip enthusiasts
A photo of an RV, one of the many types of vacation homes.
RVs, or recreational vehicles, are the poster child of travel flexibility while vacationing. They come in various sizes and offer a range of amenities, from basic campervans to luxurious motorhomes. This allows you to customize your experience and choose a vehicle that satisfies your vacation needs. RV parks can provide convenient overnight locations with amenities like hookups for electricity and water.
Pros
Cons
Ultimate flexibility
Campsite unavailability
Variety of options
Driving requirements
Doubles as a vehicle
Routine maintenance
19. Houseboats
Best for: Nature lovers who enjoy waterfront living, families seeking adventure
A photo of a houseboat, one of the many types of vacation homes.
Houseboats are a great way to vacation on lakes and rivers. Cruise waterways in some of the country's most relaxing vacation destinations. Houseboats generally come equipped with all the amenities you need for a comfortable stay, including a small kitchen, living area, bathroom and potentially multiple bedrooms. Drop anchor at a nearby marina to explore coastal towns whenever you miss solid ground.
Pros
Cons
Waterfront living
Limited availability
An unforgettable vacation
Operating challenges
Doubles as a vehicle
Unique maintenance responsibilities
20. Unusual homes
Best for: Thrill seekers, those wanting a unique vacation
A photo of an unusual home, one of the many types of vacation homes.
Unusual homes represent a chance to stay in one-of-a-kind or quirky accommodations, from tree houses nestled in a forest to converted windmills and traditional yurts. These unique properties provide an unforgettable experience and a chance to connect with nature in an innovative or time-honored way. This vacation home option is perfect for avid travelers who want to try something new.
Pros
Cons
Unforgettable experience
Variable amenities
Available worldwide
Potentially remote locations
Try something new
Generally higher costs
Tips for choosing a vacation home type
Here are some key factors to help you narrow down your search and find your perfect vacation housing.
A flowchart helps you choose the best type of vacation home for your needs.
Be clear on its intended use
Imagine how you will use the vacation home. Large families may prioritize spacious layouts with multiple bedrooms and bathrooms. Empty nesters, however, might prefer a cozy cottage or bungalow. Consider whether you'll be hosting extended family or friends or if it's primarily for solo adventures or couples' retreats.
Consider your budget
Look beyond the cost of buying or renting the home. Factor in ongoing costs like mortgage payments (if financing), insurance, property taxes, utilities, maintenance and potential HOA fees. Consider how much you're realistically comfortable spending and choose a property type that aligns with your budget.
Calculate travel logistics
Think about how you'll get to and from your vacation home. Consider travel costs like gas and flights, travel time and ease of accessibility. If easy access to restaurants and attractions is important, prioritize central locations. For a secluded escape, consider a more remote cabin or beach house.
Decide how remote you want to be
Understand what sacrifices you’re willing to make to unplug. Remote locations offer tranquility and privacy but may have limited services or require longer travel times. On the other hand, urban or suburban vacation homes provide convenience and proximity to shops, restaurants and entertainment — but these options may come with more noise and less seclusion.
Determine if you’ll rent it out
Consider offsetting ownership costs by renting out your vacation home. Some properties, like condos or beach houses, may have better rental potential than others due to their year-round availability. Research local rental regulations and consider the ongoing management responsibilities before purchasing.
Ready to find the best vacation home?
With so many types of vacation homes available, there are sure to be a few options that best suit your and your loved ones' needs. Beyond the initial excitement, however, the prospect of managing and maintaining your vacation home on your own may feel daunting.
That's why second home co-ownership is an exciting alternative for vacationers. Pacaso allows you to experience all the benefits of owning a luxury vacation home without having to pay the full cost of the property or deal with maintenance and upkeep. By sharing ownership with a qualified group of buyers, you gain access to your dream property while splitting the ongoing expenses and responsibilities.
Explore our listings to find a dream home in your happy place.
Posted 4:55 PM