About This Property
Single-Owner Penthouse Retreat with Full IVGID Privileges — 333 Ski Way #289 Offered for the first time by its original owner, this 2-bedroom, 2-bath penthouse condo offers vaulted, timber-beamed ceilings, a private loft, and a peaceful wooded setting just minutes from Diamond Peak Ski Resort, the Incline Village Championship Golf Course, and the shores of Lake Tahoe — all with full IVGID privileges, granting access to Incline Village's private beaches, ski resort, golf courses, tennis, and recreation facilities. The primary bedroom is conveniently located on the main entry level, offering an ensuite bath and easy, single-level living. Downstairs, the open living area is anchored by a floor-to-ceiling stone wood-burning fireplace and soars beneath dramatic exposed beams, with sliding doors opening to a private deck overlooking towering pines. Tucked off the living room, the second bedroom is defined by a folding accordion wall — offering flexible privacy when closed, or opening the space up for a more expansive great room feel. The adjacent dining area and eat-in kitchen bar comfortably seat guests, with the kitchen offering a tile counter, breakfast bar with stool seating, and a functional layout for home-cooked meals between adventures. Up the open staircase, a versatile loft tucks beneath the soaring roofline, offering additional storage space and a bonus sleeping or lounge area overlooking the living room below through a rustic wood-and-iron railing. Held by the same owner since it was built, this condo retains its original, classic mountain character throughout — a rare opportunity for a buyer looking to make it their own or continue enjoying its warm, timeless charm as-is. Location & Amenity Highlights: Full IVGID privileges — beaches, ski resort, golf, and recreation access Single owner since construction Minutes to Diamond Peak Ski Resort Near the Incline Village Championship Golf Course Close to Lake Tahoe's beaches, trails, and Incline Village Village Center Private deck with forest views
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 333 Ski Way #UNIT 289, Incline Village
Nightly rates and occupancy from Incline Village market data (133 comparable 2-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings