$625,000 Active
321 Ski Way #12
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

Move-in ready, this inviting townhouse is the perfect mountain retreat and an incredible value priced to sell. From the moment you enter, the home welcomes you with warmth and charm, featuring a cozy gas-insert fireplace framed by an elegant tile facade and an open living space designed for comfort and relaxation. Thoughtful upgrades throughout include new LVP flooring, plush carpet on the stairs, loft, and bedrooms, fresh paint on the exposed beams, and beautifully updated bathrooms with new cabinetry and toilets. The kitchen shines with granite countertops, new pantry cabinets, and newer appliances, creating a stylish and functional space for everyday living and entertaining. The spacious primary suite feels like a private escape with a fully updated vanity, barn door, modern lighting, and a large custom tiled walk-in shower.

Listed by Jonathan Wornardt — eXp Realty

Listing Details

Status Active
MLS # 1018918
Price/Sq Ft $488

Property History

May 23, 2026
Listed for sale
$625,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,280
Year Built 1969
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 12609012
Parking
Parking Features No Garage,Open,Outside
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s),Balcony,Barbecue,Landscaping,Rain Gutters,Storage
Lot Features Interior Lot,Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $1,537
HOA Fee $725 / Monthly
HOA / Community Mountain Shadows of Incli
HOA & Community
Community Amenities 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 #12, Incline Village

Est. Annual Revenue
$61,060
Avg Nightly Rate
$449
Projected Occupancy
36.4%
Cap Rate
3.9%
Structural Score: 50 / 100 (Standard) · STR Zone: Green

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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