Thursday 27 August 2020

$44M Luxury Waterfront Estate on Lake Tahoe Is Most Expensive New Listing

Tahoe

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A waterfront estate on the north shore of Lake Tahoe has splashed onto the market for $44 million, making it this week’s most expensive new listing.

Part of the affluent community of Incline Village, NV, it’s far and away the most expensive listing in town. There are 209 homes on the market in Incline Village, with a median list price of $1.2 million.

This 1.2-acre property with 150 feet of lake frontage last changed hands in 1997 for $6.8 million. The buyer was listed as Spirit of the Lake LLC, an entity connected to Madylon and Dean Meiling, who own the Nevada-based company Chemeon Surface Technology.

On the market for just nine days, the stone, glass, and wood structure is already in “contingency” status—which means an offer is in place.

The listing notes the lakefront retreat features “almost 12,000 square feet of custom designed craftsmanship, with exquisite ‘Tahoe Blue’ lake views from almost every room.”  

Walls of glass

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Great room

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Casual dining area and kitchen

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Formal dining room

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Bar

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Office with fireplace

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Home theater

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Bedroom

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Lake and dock

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Built in 2006, the home features iron gates and a heated, tree-lined driveway.

The great room has a beamed, 35-foot ceiling and a wall of glass facing the lake. The open and airy space includes seating areas, a fireplace, grand piano, and chandeliers.

A professionally equipped kitchen comes with an island and butler’s pantry and is adjacent to a casual eating area. The kitchen also opens out to a patio for lakeside meals. In addition, the home features a formal dining room.

The home has four bedrooms, four bathrooms, and three half-baths. On the second level, the master suite includes a sitting area and a fireplace. Luxe spaces include an office, library, and wet bar. Other high-end amenities include a home theater, exercise room, 1,200-plus-bottle wine cellar, and an elevator.

The grounds include perennial gardens, a year-round stream, as well as a boat dock. And you’ll never be without a place to park with a seven-car garage.

In a boon for a buyer in a hurry, the property is being offered fully furnished, including the Yamaha grand piano, a shared pier, and a Cobalt boat. 

Tracey A. Cutler with Windermere Prestige Properties holds the listing. 

The post $44M Luxury Waterfront Estate on Lake Tahoe Is Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®.



source https://www.realtor.com/news/trends/luxury-waterfront-estate-on-lake-tahoe-most-expensive/

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