Tahoe City Lakefront Estate On Over 1 Acre | SOLD Sept 2017
7 bedrooms, 7 baths, 3 car garage, guest house, buoy, 8900 sf
Residing just steps to the heart of Tahoe City is an opportunity to buy a multi-generational family estate on Lake Tahoe. The Cedar Shores Estate is set on over an acre of land and includes over 100 feet of lake frontage with a buoy. Not only is the property centrally located to downtown Tahoe City, but is also accessible to the many ski resorts and golf courses that the Lake Tahoe region has to offer.
This 8900 sf modern mountain home provides astonishing views of crystal blue water, silhouettes of the plush green forest, and a back drop of the mountains, making it the epitome of true Tahoe luxury living. Cedar Shores Estate features seven bedrooms, seven baths, with a study, den, and guest home. Inside this lavish, yet cozy retreat, you will find the open floor plan provides an atmosphere for families to seamlessly join together amidst the kitchen, dining room, great room, seven fireplaces, and the billiard room. While the gourmet kitchen is caterer ready, the wine room, Turkish sauna, indoor spa, and sound-proof home theatre provide a perfect setting as a compound for multi-generational entertaining.
With over an acre of land and a guest house, the property can conveniently be used to accommodate special events, weddings, and holiday occasions making this home a nice investment with potential supplemental income. We envision cozy winter wedding venues with the seven romantic fireplaces, open floor plan, and one-of-a-kind finishes.
We believe this property is completely overlooked at just $954 per sf on a lake estate parcel when the range is $765 per sf - $3,811 per sf. The home was just reduced a million dollars to just $8,495,000. The average price for a lakefront currently is $6.7M for a smaller home and homesite. Ok, so there is not a pier (value 1M) but honestly can you trade that for the quality of this estate? This is a compelling home if you can adjust to a dingy and just take time the simple time to enjoy the family. Contact Sam or Brittany for a tour of this property listed by Tahoe Mountain Realty.
Sam Swigard 530.363.2776
Brittany Kesler 530.412.3933