$550,000 Active
333 Ski Way #289
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Ski Way Ridge HOA allows short-term rentals.
3 Beds
·
2.0 Baths
·
1,064 Sq Ft

About This Property

Offered for the first time, this 2BR/2BA penthouse condo blends vaulted timber-beamed ceilings, a private loft, and a wooded setting minutes from Diamond Peak, the Championship Golf Course, and Lake Tahoe — with full IVGID privileges to beaches, skiing, golf, and recreation. The primary suite sits on the main level for easy living. The open living room below features a stone wood-burning fireplace, soaring beams, and a private deck framed by pines. A folding accordion wall creates a flexible second bedroom off the living room. The eat-in kitchen offers tile counters and bar seating for casual dining. Upstairs, a loft tucks beneath the roofline with bonus storage and sleeping space overlooking the living room via a rustic wood-and-iron railing. Held by its original owner, this condo retains authentic mountain character — a rare canvas to renovate or enjoy as-is. Full IVGID privileges | Steps to Diamond Peak | Near Lake Tahoe & golf | Private deck

Listed by Kristen Pepin — Sun Bear Realty And Management

Listing Details

Status Active
MLS # 1019129
Days on Market 1
Price/Sq Ft $517

Property History

Aug 20, 2026
Listed for sale
$550,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,064
Stories 1
Year Built 1980
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-163-02
Parking
Parking Features Covered,Garage,Off Street
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
View Mountain(s),Trees/Woods
Roof Composition
Utilities & Systems
Heating Baseboard,Electric,Hot Water,Wall Furnace
Financial
Annual Tax $3,751
HOA Fee $985 / Monthly
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$11K – $27K typically ~$19,034
~$1,586 per month
Avg Nightly
$116
Occupancy
45%
Cap Rate
1.4%

STR Investment Summary — 333 Ski Way #289, Incline Village

Est. Gross Annual Revenue
$11K – $27K
typically ~$19,034
Avg Nightly Rate
$116
Projected Occupancy
45.0%
Cap Rate
1.4%
Structural Score: 50 / 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
956 sq ft covered of 10 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
956 sq ft
Allowed Coverage
10 sq ft · 1%
Existing Coverage
956 sq ft · 100%
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% ($110,000)
Home price
$550,000
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