About This Property
Welcome to Mountain Shadows! One of the most versatile condominium complexes in Incline Village. Located half way between our private beaches of Lake Tahoe & Diamond Peak ski area you get the best of both worlds. This 3 bedroom, 2.5 bath offers an open great room floor plan & sits tucked away on the hillside backing up to forested open space for maximum privacy & tranquility. The kitchen has been remodeled with granite counter tops, the bathrooms have been tastefully upgraded and this condo features hardwood flooring throughout. Your bedrooms are all on the entry level, with your kitchen, living & dining on the upper level. This home is perfect as a full time residence, a vacation home or an investment property with short term rental potential. With a private pool & sauna in the complex, as well as recent upgrades that meet all Washoe County short term rental requirements, this unit is turn key, fully furnished & ready to go! Just steps to Diamond Peak ski shuttle & hiking trails.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2025 · county record | $685,000 | Deed record — brokerage sides not reported | |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 321 Ski Way #UNIT 103, Incline Village
Nightly rates and occupancy from Incline Village market data (190 comparable 3-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
