$865,000 Active
321 Ski Way #UNIT 122
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

Beautiful remodeled 3 bd 2 1/2 bath Mt. Shadows condo featuring a stunning, major interior renovation with high-end finishes throughout. The chef's kitchen offers under-cabinet lighting, and Zline appliances, a dual-fuel 36-inch range, microwave convection oven, DW, French door refrigerator with ice maker, and elegant quartzite and quartz countertops. Additional upgrades include upstairs insulation with new drywall finish throughout. Designer Franke and Gerber plumbing fixtures, European white oak wide-plank and American oak wood floors. H/C filtered water. Two Sky lights. A convenient lower-level utility/laundry closet. Every detail has been thoughtfully updated, creating a truly turnkey Mountain retreat with too many upgrades to list. Escrow has been opened.

Listed by Tim Flynn — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260008409
Price/Sq Ft $636

Property History

Jul 01, 2026
Listed for sale
$865,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,360
Stories 2
Year Built 1971
Property Type Condominium
Subdivision Mountain Shadows Incline 6
County Washoe
STR Jurisdiction Washoe County
APN 126-142-04
Parking
Total Parking 1
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Sloped Up, Sprinklers In Front
View Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s)
Financial
Annual Tax $2,965
HOA Fee $725 / Monthly
HOA / Community Westward 360
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Parking, Pool
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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 #UNIT 122, Incline Village

Est. Annual Revenue
$34,779
Avg Nightly Rate
$354
Projected Occupancy
27.4%
Cap Rate
1.6%
Structural Score: 49 / 100 (Standard) · STR Zone: Green

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

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% ($173,000)
Home price
$865,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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