$550,000 Active
333 Ski Way #UNIT 261
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Ski Way Ridge HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,064 Sq Ft
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About This Property

Enjoy convenient Tahoe living in this well maintained condo building that's only 1/2 mile to Diamond Peak! Priced to allow for immediate occupancy or the opportunity to select your own upgrades and finishes. The inviting family room features a wood burning fireplace with a natural stone surround, creating classic Tahoe vibes. The kitchen offers Corian countertops, abundant cabinetry, a like new electric range, and radiant heated floors. Heated flooring extends throughout the home for year round comfort. Underground parking and a private storage unit add convenience. Enjoy full IVGID amenities (5 cards), including private beaches, golf, tennis, pickleball, pools, and recreation facilities. Short-term rentals are currently allowed, providing an opportunity for personal enjoyment and rental income.

Listed by Jordan Ames — eXp Realty, LLC

Listing Details

Status Active
MLS # 260011727
Days on Market 2
Price/Sq Ft $517

Property History

Sep 11, 2026
Listed for sale
$550,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2017 · county record $285,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,064
Stories 1
Year Built 1980
Property Type Condominium
Subdivision Mountain Shadows Incline 8
County Washoe
STR Jurisdiction Washoe County
APN 126-162-09
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
View Trees/Woods
Roof Composition, Flat, Pitched
Foundation Slab
Utilities & Systems
Heating Electric, Radiant
Financial
Annual Tax $3,227
HOA Fee $985 / Monthly
HOA / Community Ski Way Ridge
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Elevator(s), Landscaping, Parking, Storage
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
46
PROJECTED GROSS ANNUAL REVENUE
$20K – $40K typically ~$30,000
~$2,500 per month
Avg Nightly
$183
Occupancy
45%
Cap Rate
2.2%

STR Investment Summary — 333 Ski Way #UNIT 261, Incline Village

Est. Gross Annual Revenue
$20K – $40K
typically ~$30,000
Avg Nightly Rate
$183
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 46 / 100 (Standard) · STR Zone: Green

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

Over coverage limit
965 sq ft covered of 10 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
965 sq ft
Allowed Coverage
10 sq ft · 1%
Existing Coverage
965 sq ft · 100%
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. 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

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% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
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