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Most expensive vacation homes near Lake Tahoe

Andrea Divirgilio / November 23, 2011

Most Expensive homes on Lake Tahoe

The housing boom sure has been over in America, and the housing market is a bit gloomy in U.S, but, amidst sellers across the country resorting to major price cuts, from celebrities to business tycoons, there are those wealthy investors who have paid astronomical prices to own the most expensive properties in the States. We have earlier told you about the most expensive homes in United States, which were recently sold off for record-breaking prices, and this time we bring to you one such city in the United States, Lake Tahoe, which is thriving as one of the popular place for buying vacation homes by Silicon Valley’s tech geeks as well as the rich tycoons.

Located in Sierra Nevada area of the United States, Lake Tahoe is a 496 sq.km fresh water lake, known to have some of the best scenic views and nature gifts which local residents of the area are proud of. Such has been demand for a real estate there, that known entrepreneurs like Larry Ellison have spent millions getting themselves their unique vacation homes in the vicinity of the lake, and also setup an abode that would take them away from the everyday life of the cities they otherwise dwell in. This list brings forth a few of these most expensive real estates in Tahoe city which have grabbed headlines previously:

1) Tranquility Estate

Tranquility mansion

Price: $100 million

Joel Horowitz, co-founder Tommy Hilfiger

The most expensive property on the list is the Tranquility mansion, which was built in the year 2000 by the co-founder of the Tommy Hilfiger brand, Joel Horowitz. Located over an area of 210 acres, this estate is bordered along the Zephyr Cove of Nevada, and is known for every fantasy-like extravaganza that one can fathom of. Of the most prominent ones are the 16 car garage, horse stable, boathouse, NBA regulation basketball court, 2 par-3 golf courses, 3200-bottle wine cellar, swimming pool, Cinema Theater, and art studio with ceramics art pieces. Some of the most prominent décor is also on display such as the replica of the Titanic main staircase, and the flooring which has been taken from a 17th-century French chateau. Accommodation facilities include the 9 main bedrooms, 14 full bathrooms, and 5 half bathrooms, apart from living and dining areas. But due to the stagnancy of the real estate market in the United States, this estate has been lying idle without being sold, for over 4 years now. Though guided tours have been arranged in the past, but no confirmed buyer has come forth as yet.

2) Japanese style Ellison mansion

Larry Ellison Japanese home

Price: $70.4 million

Larry Ellison, co-founder Oracle

Oracle co-founder Larry Ellison is perhaps one of the known figures in the international real estate market, for his distinctive taste and aggressive buying pattern. When he takes fancy to a particular area of his choice, he buys a considerable number of properties or area of the landscape, and creates mini-estates where luxury becomes a basic attribute. One of his cherished properties is this $70 million 16th century Japanese royal palace style vacation home near Lake Tahoe. Though very secretive about his accusations, this property is known to have a all modern amenities including a gymnasium to indulge in.

3) Lakefront Glass Mansion

Lakefront Glass Mansion

Price: $43 million

Placed with a 100-foot long frontier view of the northern part of Lake Tahoe, this mansion is a 6-storey glass structure, built on the uneven but picturesque landscape of the lake’s shore. The total living area is around 8,694 sq.ft, which include the 4 spacious designer bedrooms, 4 bathrooms, spa, gymnasium, and the modern designed living areas, one of which has the elaborate glass stairwell. From the information gathered, we hear that the mansion took 9 years to construct fully, by the philanthropic pair of David & Linda Sheen who watched over every detail over the years.

4) Crystal Bay Mansion

Crystal Bay Mansion

Price: $34 million

Facing 610 feet of the crystal bay on Lake Tahoe, this 7,100 sq.ft mansion is what every nature lover would dream of. Surrounded by the forest area of the lake and the lush green vegetation, this property has plenty on the insides to indulge oneself in. Indoor pool, heated bathtubs, private cobble pathways, along with the 9 bedrooms are just some of the amenities. For those of you who love the setting sun, there is nothing better as the numerous porches allow perfect view at that time of the day. Apart from that, the extra high ceilings in all areas including the dining space, give it the feeling of grandeur matched with the best of constructions in the area.

5) Incline village mansion

Incline River Mansion

Price: $22.85 million

This particular mansion has been in the news for being one of America’s most romantic properties, because of the exterior setting and interior decorations. Nestled between large pine trees, this property occupies 1.7 acres of space and has its own beach with deep water buoy and majestic views of the Sierra Mountains. On the interiors, the house has amenities like a formal dining room, wine cellar, numerous patios, walking paths, heated swimming pool, and night-lighted entertainment areas to boast. Also the location gives it proximity to great skiing and other winter sports areas.

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