$725,000 Closed
1360 Valais Way
Incline Village, NV 89451
SOLD 2025-12-19
Sold for $700,000 (listed at $725,000)
3 Beds
·
2.0 Baths
·
1,284 Sq Ft
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About This Property

Bring your vision and unlock the potential of this ski chalet-inspired home, ideally located in the Tyrolian Village neighborhood of Incline Village, Lake Tahoe, with direct views of Diamond Peak Ski Resort. From the wraparound deck, you can watch skiers make their way down the mountain while enjoying the peaceful, forested surroundings maintained by the homeowners' association. Whether you're looking for a primary residence, a second home, or a vacation rental (short-term rentals are permitted here), this property offers an incredible investment and lifestyle opportunity. Inside, you'll find a functional layout with a downstairs bedroom and full bath, two additional bedrooms upstairs, plus a bonus office space not included in the bedroom count. The kitchen has already been beautifully remodeled with warm shaker-style cabinetry, modern hardware, and slab granite countertops. With a little elbow grease, the rest of the home could be transformed to match the charm of its alpine setting. The lower level features a spacious crawlspace with ample storage for all your ski and summer gear. Don't miss the chance to reimagine this mountain retreat into your dream property. Schedule your showing today and see the possibilities for yourself!

Listed by Chris Whitney — Dickson Realty - Damonte Ranch

Listing Details

Status Closed
MLS # 250055935
Sold Date 2025-12-19
Sold Price $700,000
Price/Sq Ft $565

Property History

Sep 16, 2025
Listed for sale
$725,000
Current
Sold
$700,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,284
Lot Size 0.03 acres
Stories 2
Year Built 1969
Property Type Single Family Residence
Subdivision Tyrolian Village 1
County Washoe
STR Jurisdiction Washoe County
APN 126-430-06
Parking
Parking Features Additional Parking, Common
Exterior & Lot
Exterior Features None
Lot Features Common Area, Corner Lot, Sloped Down, Wooded
View Mountain(s), Ski Resort, Trees/Woods
Construction Wood Siding
Roof Composition, Pitched
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $3,405
HOA Fee $380 / Monthly
HOA / Community Tyrolian Village
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Maintenance Grounds, Management, Tennis Court(s)

STR Investment Summary — 1360 Valais Way, Incline Village

Est. Gross Annual Revenue
$25K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 50 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
648 sq ft covered of 12 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,184 sq ft
Allowed Coverage
12 sq ft · 1%
Existing Coverage
648 sq ft · 55%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
2
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares
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