$75M Lake Tahoe Dream Home with Two Funiculars Fails to Find Buyer
Off Market | Built 1997 | 16,332 Sq. Ft. | 8 Beds | 10.5+ Baths | 5.14 Acres
300 State Route 28, Crystal Bay, Nevada, United States, 89402
A substantial 16,232 square foot undertaking on the shores of Lake Tahoe has been taken off the market after failing to find a buyer for more than 3 years. The unique property had been listed for $75 million. Built in 1997, the main residence includes an attached guest house, and caretaker’s apartment with oversized 4 car garage, as well as formal rooms with towering walls of glass overlooking Lake Tahoe. The 5.14 acre property is private & gated, and includes two glass funiculars, extensive gardens, ponds, waterfalls, lush level lawns and 525′ of lakefront with four buoys & seasonal boat barge. There is also a large beach house which was completed in 2016 after waiting ten years for permits. There are 8 bedrooms, 10 full and 2 half bathrooms in 16,232 square feet of magnificent living space with 13 fireplaces, a 10 seat theatre with 14′ screen and 1,687 bottle wine cellar.