Recreational real estate refers to properties specifically designed for leisure activities, such as vacation homes, cabins, and cottages. These properties are often located in scenic areas, like near lakes, mountains, or beaches, providing a getaway for individuals and families. They can be used for personal enjoyment or as rental properties for tourists seeking short-term accommodations. Investing in recreational real estate can offer financial benefits, as demand for vacation rentals often increases during peak seasons. Additionally, properties in desirable locations may appreciate in value over time. Popular recreational real estate markets include areas like the Florida Keys, Lake Tahoe, and the Smoky Mountains.