Sold $745,000 $740,000 Closed
321 Ski Way #161
Incline Village, NV 89451

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SOLD 2025-11-19
Sold for $745,000 (listed at $740,000)
3 Beds
·
2.5 Baths
·
1,360 Sq Ft

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It sold for $745,000 on 2025-11-19, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Start enjoying Tahoe living with this fully furnished, three-bedroom, two-and-a-half bath condo in Incline Village. The kitchen has been beautifully reimagined with a full remodel, and features new cabinets, appliances, and beautiful countertops, complemented by durable LVP flooring that extends throughout the living areas. Each bathroom has been tastefully renovated with updated cabinetry, toilets, and fixtures, while the washer and dryer have been conveniently relocated to the primary suite. Additional improvements include dual-pane windows, a sound-dampening wall along the stairs, and stylish finishes throughout. The stairway features brand-new stairs, custom metal railings, and two exterior storage closets for added practicality. The living room showcases soaring beamed ceilings and a pellet stove that sets the tone for a warm mountain retreat. A sunny, south-facing deck provides a private outdoor space to relax and enjoy year-round sunshine. Perfectly located, the condo is just minutes from Diamond Peak Ski Resort, Incline's private beaches, the Hyatt Resort & Spa, golf, recreation and tennis centers, shopping, and dining. Owners also enjoy access to two fenced pool areas, and the roof assessment for this unit has been fully paid. This is a rare opportunity to own a remodeled and fully furnished Incline Village condo on Nevada's desirable North Shore of Lake Tahoe.

Listed by Dilyn Rooker — Marmot Properties, LLC

Listing Details

Status Closed
MLS # 250055738
Sold Date 2025-11-19
Sold Price $745,000
Price/Sq Ft $544

Property History

Sep 11, 2025
Listed for sale
$740,000
Current
Sold
$745,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,360
Stories 2
Year Built 1971
Property Type Condominium
Subdivision Mountain Shadows Incline 7
County Washoe
STR Jurisdiction Washoe County
APN 126-151-03
Parking
Total Parking 2
Parking Features Common
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Common Area, Landscaped, Level
Construction Wood Siding
Roof Composition, Shingle
Foundation Wood
Utilities & Systems
Heating Baseboard, Electric, Pellet Stove
Financial
Annual Tax $2,913
HOA Fee $725
HOA / Community Mountain Shadows
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Pool

STR Investment Summary — 321 Ski Way #161, Incline Village

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.4%
Structural Score: 61 / 100 (Premium) · 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.

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