$725,000 Active
321 Ski Way #UNIT 9
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
·
1,280 Sq Ft

About This Property

Welcome to this beautifully refreshed Tahoe property, featuring new paint and flooring installed within the past month. The kitchen and bathrooms were remodeled in 2016, offering a comfortable and updated interior. Short-term rentals and Airbnb are welcome, making this an excellent opportunity for a vacation home or investment property. The complex offers 2 private swimming pools and saunas for residents, while the HOA covers water, sewer, trash, cable, common insurance, snow removal, and pool maintenance. Residents also enjoy full access to IVGID privileges including the Incline Recreation Center, 3 private beaches, discounts at 2 golf courses and our local ski resort. The unit also includes two designated parking spaces, plus plenty of additional parking for guests. Don't let this rare opportunity to own your very own piece of paradise, book your showing today.

Listed by Brittany Smith — Real Broker LLC

Listing Details

Status Active
MLS # 260012298
Days on Market 4
Price/Sq Ft $566

Property History

Sep 24, 2026
Listed for sale
$725,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2016 · county record $275,000 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. 1,280
Stories 2
Year Built 1969
Property Type Condominium
Subdivision Mountain Shadows Incline 1
County Washoe
STR Jurisdiction Washoe County
APN 126-090-09
Parking
Total Parking 2
Parking Features Permit Required
Exterior & Lot
Exterior Features None
Lot Features Common Area, Gentle Sloping, Level
View Trees/Woods
Construction Frame
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $3,055
HOA Fee $725 / Monthly
HOA / Community Westward 360
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Pool, Sauna
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
60
PROJECTED GROSS ANNUAL REVENUE
$30K – $55K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
2.2%

STR Investment Summary — 321 Ski Way #UNIT 9, Incline Village

Est. Gross Annual Revenue
$30K – $55K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 60 / 100 (Premium) · 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
491 sq ft covered of 108 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
800 sq ft
Allowed Coverage
108 sq ft · 13%
Existing Coverage
491 sq ft · 61%
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 ↗ How the Basin compares

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

$4,779 per month
Principal & interest
$3,666/mo
Property taxes
$255/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
$133/mo
Estimated ~$1,300–$1,900/yr — get a local broker quote for accuracy.
Down payment
20% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message