Mountain Shadows Condos in Incline Village
10 units for sale now · 33 sold in the last 24 months. Live MLS data, updated hourly.
Short-term rentals at Mountain Shadows
75 of its 249 units (30%) hold an active Washoe County STR permit, per Washoe County's report dated September 22, 2026. Permits belong to the owner and end at a sale.
Washoe County has no cap on STR permits. A buyer applies for their own county permit after closing: a seller's permit does not carry over to a new owner. Stays under 28 nights pay Washoe's 13% lodging tax. Rules change by board vote. Know this one changed? Tell us.
Estimated short-term rental income
| Bedrooms | Est. gross / year | Range | Based on |
|---|---|---|---|
| 2 | $35,000 | — | 1 listing |
| 3 | $40,000 | $35,000 – $45,000 | 9 listings |
Gross rent, before management, cleaning, platform fees, lodging tax and HOA dues. Each figure is the estimate on a Mountain Shadows listing's own page, from PriceLabs market rates for Incline Village. Every Tahoe home for sale you can rent short-term.
Mountain Shadows condos for sale
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Recent sales at Mountain Shadows
33 sold in the last 24 months, median $665K ($486/sq ft), at 98% of asking, 70 median days from listing to close.
| Address | Sold | Price | Beds | Sq ft |
|---|---|---|---|---|
| 321 Ski Way #UNIT 103 | Oct 9, 2026 | $709,000 | 3 | 1,360 |
| 321 Ski Way #UNIT 122 | Sep 10, 2026 | $835,000 | 3 | 1,360 |
| 321 Ski Way #24 | Sep 9, 2026 | $540,000 | 3 | 1,280 |
| 321 Ski Way #UNIT 187 | Aug 21, 2026 | $760,000 | 4 | 1,782 |
| 321 Ski Way #Unit 137 | Aug 13, 2026 | $622,888 | 3 | 1,360 |
| 321 Ski Way #182 | Jun 30, 2026 | $740,000 | 4 | 1,512 |
| 321 Ski Way #12 | Jun 29, 2026 | $600,000 | 3 | 1,280 |
| 321 Ski Way #UNIT 16 | May 18, 2026 | $775,000 | 3 | 1,280 |
Mountain Shadows at a glance
- Addresses on file: 321 Ski Way
- HOA dues: median $725 a month on 40 MLS listings from the last 24 months ($706 – $725). Ask the HOA for current dues and any special assessment.
- Unit sizes seen on the MLS: 2 bed (1), 3 bed (37), 4 bed (5)
- Units: 249 parcels on the county roll, one per unit.
- TRPA zone: 050 Mt. Shadows (residential), Washoe County Tahoe Area Plan. Within a quarter mile of a TRPA town center. Source: TRPA GIS / Tahoe Open Data.
- Distance, straight line: 0.8 mi to Incline Beach; 0.8 mi to Diamond Peak base lodge
Questions about Mountain Shadows
Can you short-term rent a condo at Mountain Shadows?
Yes. Our record of the Mountain Shadows HOA's rules says it allows short-term rentals. Washoe County has no cap on STR permits; a buyer applies for their own county permit after closing, because a seller's permit does not carry over to a new owner. 75 of its 249 units (30%) hold an active Washoe County STR permit, per Washoe County's report dated September 22, 2026. Permits belong to the owner and end at a sale.
What are the HOA dues at Mountain Shadows?
The median HOA fee on 40 Mountain Shadows MLS listings from the last 24 months was $725 a month. They ranged from $706 to $725 a month. Ask the HOA for the current dues and any planned special assessment.
What do condos at Mountain Shadows sell for?
33 Mountain Shadows units sold in the last 24 months at a median $665K, from $519K to $970K, or $486 per square foot. Source: the MLS, as of October 22, 2026.
Are there condos for sale at Mountain Shadows right now?
Yes: 10 units are listed on the MLS as of October 22, 2026. This page updates hourly, and you can get an email the day a new one lists.
Own at Mountain Shadows? See what yours would sell for. Compare every complex on the Incline Village condo complex list, or browse all Incline Village condos for sale. Sources: our record of each HOA's rental rule and the MLS, as of October 22, 2026.