Diamond Peak's summit reaches 8,540 feet, dropping 1,840 vertical feet to a base at 6,699 feet across 40 runs spread over 655 acres above Incline Village, Nevada. Terrain splits 46 per cent intermediate, 30 per cent advanced, 18 per cent beginner and 6 per cent expert. Average annual snowfall reaches roughly 300 inches. Diamond Peak carries no major multi-resort pass affiliation and is publicly owned by the Incline Village General Improvement District.

Seven lifts, including three double chairs and three quad chairs, serve the 40-run network with panoramic views over Lake Tahoe from much of the upper mountain. As a public utility district-owned ski area rather than a private or corporate resort, Diamond Peak reinvests revenue into the local Incline Village and Crystal Bay community rather than external shareholders. The resort's black-diamond-heavy expansion in the 1980s gave rise to its current name. Its Lake Tahoe views are considered among the best of any resort on the lake's north shore.

Diamond Peak began in 1966 as Ski Incline, developed by Incline Village founders Art Wood and Harold Tiller and designed by Austrian ski consultant Luggi Foeger, opening on 19 November 1966 just four months after construction began. The Incline Village General Improvement District exercised an option to purchase the ski area in 1976, financed through revenue bonds, bringing it under public ownership. A 1985 expansion added substantial new black-diamond-rated terrain, prompting the name change from Ski Incline to Diamond Peak at Ski Incline, later shortened to Diamond Peak.

With no major pass affiliation, Diamond Peak sells its own day tickets and season passes directly. Adult daily tickets range from 130 to 170 US dollars depending on date, with a beginner-specific ticket at a lower rate and free access for seniors 80 and over. The resort suits Lake Tahoe visitors and Incline Village residents seeking uncrowded, view-focused skiing over the larger commercial resorts elsewhere on the lake. Its public ownership model keeps it distinct from the corporately owned resorts that dominate the Tahoe Basin.