$689,000 Active
321 Ski Way #23
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

Rare forested end unit in Mountain Shadows with a private side paver patio opening onto a tranquil greenbelt and open space — ground-level outdoor living instead of the usual elevated deck with hot tub. Private entrance, parking right in front, and two storage sheds for skis, bikes, and Tahoe gear. Big-ticket items are done: newer roof, windows, slider, flooring, and appliances, plus a new gas log fireplace. The rest is cosmetic — finish to your taste and build equity where remodeled units trade higher. HOA dues include Spectrum internet, Wi-Fi, and streaming. Two community pools on site, and Mountain Shadows is one of the few Incline complexes still permitting short-term rentals. Diamond Peak is a half mile up the street via free winter shuttle; full IVGID privileges bring golf, three private beaches, and the rec center — all in tax-friendly Nevada.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 1019038
Days on Market 1
Price/Sq Ft $538

Property History

Jul 03, 2026
Listed for sale
$689,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,280
Stories 2
Year Built 1969
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-090-23
Parking
Parking Features No Garage,Outside,Permit Required
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio
Lot Features Backs to Greenbelt/Park,No Backyard Grass,Sloped,Wooded
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Electric,Forced Air,Wall Furnace
Financial
Annual Tax $2,597
HOA Fee $725 / Monthly
HOA / Community West Ward 360
HOA & Community
Community Amenities Pool
📊

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 #23, Incline Village

Est. Annual Revenue
$49,109
Avg Nightly Rate
$261
Projected Occupancy
51.6%
Cap Rate
2.9%
Structural Score: 51 / 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% ($137,800)
Home price
$689,000
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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