$898,888 Active
321 Ski Way #221
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Mountain Shadows HOA allows short-term rentals.
3 Beds
·
1.5 Baths
·
1,360 Sq Ft

About This Property

Welcome to the Tahoe lifestyle you've been dreaming of. This beautifully remodeled 3-bedroom, 2½-bath end unit offers the privacy, space, and natural light that only a corner location can provide — plus ample parking and an unbeatable location just moments from the Diamond Peak ski shuttle. Every inch of this home has been thoughtfully upgraded. Rich LVP flooring flows throughout, complemented by solid wood alder doors, custom baseboards, trim, and ceiling fans that give the home a warm, cohesive feel. In the kitchen, quartzite countertops and top-of-the-line appliances set the stage for everything from casual mountain breakfasts to gourmet dinners après-ski. Beyond your front door, the lifestyle only gets better. Full IVGID privileges unlock access to three private beaches, resident rates at Diamond Peak Ski Resort, two golf courses, and world-class recreation, tennis, and pickleball facilities.

Listed by Eric Crosby — RE/MAX Gold

Listing Details

Status Active
MLS # 1018978
Days on Market 46
Price/Sq Ft $661

Property History

Jun 15, 2026
Listed for sale
$898,888

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2023 · county record $856,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,360
Stories 2
Year Built 1971
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-153-01
Parking
Parking Features Assigned,No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Natural Gas,Gas
Financial
Annual Tax $2,730
HOA Fee $725 / Monthly
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 321 Ski Way #221, Incline Village

Est. Annual Revenue
$35,965
Avg Nightly Rate
$197
Projected Occupancy
50.1%
Cap Rate
1.6%
Structural Score: 52 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
454 sq ft covered of 8 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
840 sq ft
Allowed Coverage
8 sq ft · 1%
Existing Coverage
454 sq ft · 54%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($179,778)
Home price
$898,888
Loan details
30-yr fixed, 6.5%
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