$549,000 Active
321 Ski Way #UNIT 24
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
Virtual Tour

About This Property

Ideally located in the Mountain Shadows community, this move-in ready 3-bedroom, 2.5-bath condo offers the perfect blend of Tahoe lifestyle & investment potential. Just minutes from Diamond Peak Ski Resort, Incline Village's private beaches, golf courses, restaurants, shopping, & extensive hiking & biking trails, this property places year-round recreation right outside your door. The spacious floor plan features comfortable living areas, abundant natural light, & a large front deck ideal for enjoying the fresh mountain air & forested surroundings. Mountain Shadows residents enjoy access to private association pools & beautifully maintained grounds, enhancing the resort-style atmosphere. Whether you're seeking a full-time residence, vacation getaway, or income-producing property, this condo presents an exceptional opportunity in tax-friendly Nevada. Close proximity to skiing, beaches, & local amenities makes it highly attractive for personal enjoyment & potential rental income.

Listed by Grant Meyer — Coldwell Banker Select Incline

Listing Details

Status Active
MLS # 260008308
Days on Market 29
Price/Sq Ft $429

Property History

Jun 28, 2026
Listed for sale
$549,000
Jul 16, 2026
Relisted
$549,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2002 · county record $240,000 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 3
Baths 2.5
Sq. Ft. 1,280
Stories 2
Year Built 1969
Property Type Condominium
Subdivision Mountain Shadows Incline 6
County Washoe
STR Jurisdiction Washoe County
APN 126-090-24
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Level, Sloped Up, Wooded
View Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,543
HOA Fee $725 / Monthly
HOA / Community WestWard360
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Parking, Pool, Sauna
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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 24, Incline Village

Est. Annual Revenue
$49,345
Avg Nightly Rate
$262
Projected Occupancy
51.6%
Cap Rate
3.6%
Structural Score: 52 / 100 (Standard) · 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
633 sq ft covered of 8 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
8 sq ft · 1%
Existing Coverage
633 sq ft · 79%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($109,800)
Home price
$549,000
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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