$615,000 Active
321 Ski Way #92
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Mountain Shadows HOA allows short-term rentals.
2 Beds
·
1.5 Baths
·
1,152 Sq Ft

About This Property

Enjoy the best of Lake Tahoe living in this fully furnished, turn-key condo in tax-friendly Nevada. Conveniently located just minutes from the Diamond Peak ski shuttle, this inviting two-level floor plan features bedrooms on the lower level and an open-concept kitchen, dining, and living area upstairs, complete with a cozy fireplace. Full IVGID privileges provide access to three private beaches, resident rates at Diamond Peak Ski Resort, two golf courses, and outstanding recreation amenities, including tennis and pickleball facilities. The pet-friendly HOA features two private pools with saunas, and this unit is ideally situated near one of the pools. Short-term rentals are permitted with a Washoe County permit, making this an excellent investment opportunity. A tenant is currently in place with a current lease, providing immediate rental income.

Listed by Jennifer Hill — Real Broker LLC

Listing Details

Status Active
MLS # 1019009
Days on Market 1
Price/Sq Ft $534

Property History

Jun 24, 2026
Listed for sale
$615,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,152
Stories 2
Year Built 1970
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-120-21
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Electric
Financial
Annual Tax $2,548
HOA Fee $725 / Monthly
📊

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 #92, Incline Village

Est. Annual Revenue
$26,254
Avg Nightly Rate
$203
Projected Occupancy
34.5%
Cap Rate
1.7%
Structural Score: 47 / 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
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% ($123,000)
Home price
$615,000
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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