$887,000
321 Ski Way #197
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
·
1,512 Sq Ft

About This Property

Comfortably remodeled condo that feels like home. Enter the living room with gas insert fireplace tucked into a warm tile facade. New LVP flooring with carpet on the stairs, the loft and bedrooms. Granite counter tops and new pantry cabinets in the kitchen with newer appliances. Primary suite has a new vanity cabinet, dual sinks, granite counter top, full length mirror, lighting and then drift easily into your large walk-in shower. The lower bedroom has been partially converted into a walk-in closet giving you ample storage for all your clothes. The loft/office/bedroom looks down to the great living space below and the enchanting forest beyond. Two skylights add warmth and light to the whole area. New paint on the beams adds texture and color to a once drab ceiling. New toilets throughout and cabinets in the guest baths.

Listed by Bruce Simonian — eXp Realty

Listing Details

Status Active
MLS # 1016887
Days on Market 355
Price/Sq Ft $587

Property History

Jan 25, 2025
Listed for sale
$887,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,512
Stories 3
Year Built 1971
Property Type Condominium
Style Traditional
APN 126-152-03
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Rain Gutters
Lot Features Sloped,Wooded
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Floor Furnace,Gas,Wall Furnace
Financial
Annual Tax $2,010
HOA Fee $725 / Monthly
HOA / Community Nevada Community Mgt
HOA & Community
Community Amenities Pool,Sauna,Spa/Hot Tub
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($177,400)
Home price
$887,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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