$850,000 Active
321 Ski Way #164
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Mountain Shadows HOA allows short-term rentals.
3 Beds
·
2.5 Baths
·
1,360 Sq Ft
Virtual Tour

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 1
Price/Sq Ft $625

Property History

Aug 21, 2026
Listed for sale
$850,000

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.

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
51
PROJECTED GROSS ANNUAL REVENUE
$13K – $31K typically ~$22,133
~$1,844 per month
Avg Nightly
$135
Occupancy
45%
Cap Rate
1.0%

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

Est. Gross Annual Revenue
$13K – $31K
typically ~$22,133
Avg Nightly Rate
$135
Projected Occupancy
45.0%
Cap Rate
1.0%
Structural Score: 51 / 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
706 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
706 sq ft · 84%
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. 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 ↗

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% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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