$589,000 $630,000 ↓ $41,000 reduced Active
333 Ski Way #UNIT 279
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Ski Way Ridge HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,064 Sq Ft

About This Property

Just Remodeled Prime Ski Way Location ½ Mile to Diamond Peak This beautifully updated second-floor condo in the heart of Incline Village offers the perfect blend of modern comfort and Lake Tahoe convenience. Completely remodeled with high-end finishes and materials, the home features one bedroom, two full bathrooms, and a possible versatile alcove (currently used as a guest sleeping area or office) that Washoe County recognizes this space as a second bedroom. The well-designed floor plan is highly functional for both full-time living and vacation use. Enjoy effortless year-round access with elevator service from the covered under-building parking garage directly to your front door. An accordion door if installed on the alcove could provide extra privacy and flexibility—ideal as a home office, additional sleeping space, or even accommodating guests. Location & Lifestyle Highlights: Just ½ mile to Diamond Peak Ski Resort — the ski shuttle stops right at your driveway Prime Ski Way location in the heart of Incline Village Full access to coveted Incline Village General Improvement District (IVGID) amenities, including private beaches, boat ramp, swimming pools, golf course, tennis & pickleball courts, and recreation center This turnkey condo makes an excellent primary residence, vacation retreat, or Lake Tahoe investment property (short-term rentals are currently allowed). The HOA covers high-value items including internet, cable TV, water, sewer, trash, snow removal, garage maintenance, landscaping, and fire insurance — significantly reducing ownership costs and hassle. Rarely does a fully updated condo with this location, parking convenience, and strong rental/amenity package become available. Don't miss this exceptional opportunity in one of Incline Village's most desirable neighborhoods. Get the Manual Lockbox code from Private remarks seller just added New 3-in-1 Microwave Air Fryer Oven - Microwave, Air Fry, and Convection Bake in One Powerful Appliance.

Listed by David Wood — Haute Properties NV

Listing Details

Status Active
MLS # 260005503
Days on Market 90
Price/Sq Ft $554

Property History

May 04, 2026
Listed for sale
$589,000
Jul 24, 2026
Price changed
$589,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2021 · county record $449,000 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 2
Baths 2.0
Sq. Ft. 1,064
Stories 3
Year Built 1980
Property Type Condominium
Subdivision Mountain Shadows Incline 8
County Washoe
STR Jurisdiction Washoe County
APN 126-162-05
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Level
View Mountain(s), Trees/Woods
Construction Cedar
Roof Composition, Flat, Pitched
Foundation Slab
Utilities & Systems
Heating Baseboard, Electric
Water Source Lake Tahoe
Financial
Annual Tax $3,416
HOA Fee $985 / Monthly
HOA / Community Ski Way Ridge Association
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Elevator(s), Landscaping, Management, Pool
📊

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 — 333 Ski Way #UNIT 279, Incline Village

Est. Annual Revenue
$40,883
Avg Nightly Rate
$217
Projected Occupancy
51.5%
Cap Rate
2.8%
Structural Score: 64 / 100 (Premium) · STR Zone: Green

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
957 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
962 sq ft
Allowed Coverage
10 sq ft · 1%
Existing Coverage
957 sq ft · 99%
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% ($117,800)
Home price
$589,000
Loan details
30-yr fixed, 6.5%
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