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.1. Condominiums
Best for: Groups, first-time vacation home buyers, urban getawaysCondominiums 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 loversVillas 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 travelersCottages 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 experiencesA 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 groupsChalets 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 customizationSingle-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 childrenBeach 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 retreatsA 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 spaceMansions 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 couplesTownhomes 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 explorationAn 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 adventurersStudios 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 clubsOwning 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 areaShort-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 feelAparthotels, 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 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 familiesBungalows 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 enthusiastsRVs, 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 adventureHouseboats 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 vacationUnusual 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.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.Types of vacation homes FAQ
What counts as a vacation home?
A vacation home is any dwelling you own or rent to spend leisure time away from your primary residence.
What are small vacation homes in the country called?
Small vacation homes in the country can be called cottages, cabins or bungalows. The answer depends on where they are located and their design elements.
Which type of vacation home is the most affordable?
Studios and apartments are generally the most affordable vacation home options.
What’s a holiday home?
A holiday home is another term for a vacation home.
