$698,000 Active
321 Ski Way #105
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
·
1,360 Sq Ft
Virtual Tour

About This Property

HOT LISTING! 3 bdrm, 2.5 BA Cozy Mountain style Retreat perfectly positioned on the free shuttle route to Diamond Peak Ski Resort w a short 10-15 min walk to the Beaches, perfect as an STR, 1031 Exchange or 2nd home. Step inside the open-concept great rm featuring soaring wood-beamed ceilings, abundant natural light, & 2 skylights equipped with automatic rain sensors that open for fresh mountain air & close at the first sign of rain. The spacious living area creates a warm and welcoming atmosphere, perfect for entertaining or relaxing after a day on the slopes or the lake. The sun drenched living area opens to a peaceful private balcony through the sliding glass doors perfect for outdoor living and relaxation. All three bedrooms are thoughtfully located on the main level, offering a spacious primary bedroom suite, 2 secondary bedrooms that share a full bath with a shower over the tub, providing a functional & convenient floor plan. HOA includes water, trash, Cable TV & Intrnt & more!

Listed by Bonnie Glennon — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019029
Days on Market 15
Price/Sq Ft $513

Property History

Jul 06, 2026
Listed for sale
$698,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,360
Stories 2
Year Built 1970
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 126-120-11
Parking
Parking Features Open,See Remarks
Exterior & Lot
Exterior Features Deck,Rain Gutters
Lot Features Cul-De-Sac,Backs to Greenbelt/Park,Level
View Trees/Woods
Construction Frame,Shingle Siding
Roof Composition
Pool & Spa
Pool Heated,In Ground
Utilities & Systems
Heating Baseboard
Financial
Annual Tax $2,620
HOA Fee $725 / Monthly
HOA / Community Westward360
HOA & Community
Community Amenities Management,Pool,Sauna
📊

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 #105, Incline Village

Est. Annual Revenue
$49,753
Avg Nightly Rate
$265
Projected Occupancy
51.5%
Cap Rate
2.9%
Structural Score: 54 / 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
599 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
840 sq ft
Allowed Coverage
8 sq ft · 1%
Existing Coverage
599 sq ft · 71%
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% ($139,600)
Home price
$698,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message