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Lake Tahoe’s Priciest Property Is This M ‘Epic Lakefront Masterpiece’

Located on the north shore of Lake Tahoe, this waterside retreat in Crystal Bay, NV, is the most expensive listing in the Tahoe area. Listed for $75 million, Crystal Pointe is on the market for the first time since it was built in 1997.

Tahoe’s “epic lakefront masterpiece” brings “uber-luxury” to the area market, says listing agent Shari Purcello-Chase of Chase International.

“It’s the first one of the next generation,” she says. “These are properties that have been built over the years, but they’ve never been for sale before.”

Part of the home’s stratospheric price boils down to logistics. High-end vacation homes like this one take time and money to build. For example, building materials for the beach house were brought in by helicopter and barge and it took years to receive proper permits, according to the agent.

Those show-stopping lake views through the massive windows of the great room also add many zeroes to the price tag. The sellers, who bought the land in 1994, have decided to downsize, according to the agent.

In addition to the 16,232 square feet of living space, the 5.14-acre property adjoins forest service land and offers 525 feet of lakefront.

In addition to the main and beach houses, there’s an attached guest house and a caretaker’s apartment.

Totaling eight bedrooms and more than 10 bathrooms, the property also boasts 13 fireplaces, a 10-seat theater with a 14-foot screen, and a 1,687-bottle wine cellar.

To access the home, there’s a gated drive, entry pavilion, and two funiculars (a cross between an outdoor elevator and an escalator). You can enjoy the view as the funicular transports you from the garage to the main house. Or you could take the stairs, but c’mon!

“Once you go through the gates, you’re in your own peaceful, harmonious seclusion, and yet you’re very close to all the Lake Tahoe amenities,” Purcello-Chase says.

The property is surrounded by “magical” gardens, ponds, waterfalls, and level lawns.” To enjoy them, you’ll need to conjure up a major bankroll.

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Source: Real Estate News and Advice – realtor.com » Real Estate News