$800,000 $850,000 ↓ $50,000 reduced Active
321 Ski Way #164
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. Mountain Shadows HOA allows short-term rentals.
📋 STR Permit on File
Washoe County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
3 Beds
·
2.5 Baths
·
1,360 Sq Ft
Virtual Tour

Our data on this home

About This Property

Just over a mile from slopes and a scenic walk or bike ride to Incline Village’s private beaches, this thoughtfully remodeled condo puts the best of Tahoe within easy reach. High-end finishes and a warm, modern aesthetic elevate the 3-bedroom, 2.5-bath condo, creating a home that feels both refined and relaxed. All three bedrooms and two full bathrooms are located on the lower level, while the upper floor opens into a bright and airy living space designed for gathering. Step outside onto the deck for morning coffee, summer dinners, or an evening after a day on the lake. With Diamond Peak just over a mile away and Incline Village’s coveted recreational amenities nearby, this turnkey residence offers an effortless home base for enjoying Tahoe in every season—whether as a primary residence, weekend retreat, or investment property.

Listed by Lindsay Buchanan — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1019140
Days on Market 62
Price/Sq Ft $588

Property History

Aug 21, 2026
Listed for sale
$850,000
Oct 05, 2026
Price reduced
$800,000 $850,000 ↓ $50,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2021 · county record $670,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,360
Stories 2
Year Built 1971
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 126-151-06
Parking
Parking Features No Garage,Off Street,Outside
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Sloped
View Trees/Woods
Construction Frame
Pool & Spa
Pool In Ground
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $3,332
HOA Fee $725 / Monthly
HOA / Community Westward 360
HOA & Community
Community Amenities Pool
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$30K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
2.0%

STR Investment Summary — 321 Ski Way #164, Incline Village

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.0%
Structural Score: 53 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

Standard homeowners policy for this home

$1,400 – $2,000/yr
about $142/mo
Est. Rebuild Cost (Coverage A)
$408,000

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$5,190 per month
Principal & interest
$4,045/mo
Property taxes
$278/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$725/mo
From MLS listing data.
Home insurance
$142/mo
Estimated ~$1,400–$2,000/yr — get a local broker quote for accuracy.
Down payment
20% ($160,000)
Home price
$800,000
Loan details
30-yr fixed, 6.5%
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