Lake Tahoe mansion listed for $60 million, would break price record for the area

The estate, "Nagi Tanka," is located at 575 Lakeshore Boulevard in Incline Village, Nevada

San Francisco /
Sep.September 02, 2021 09:35 AM
Lake Tahoe mansion listed for $60 million, would break price record for the area
“Nagi Tanka” is located at 575 Lakeshore Boulevard in Incline Village, Nevada (575Lakeshore)

A mansion in Tahoe would set a new single-family price record for the area if it sells at its asking $60 million asking price.
The estate, which has been named “Nagi Tanka,” is located at 575 Lakeshore Boulevard in Incline Village, Nevada, SFGate reports.

The property — named for the Lakota term meaning “Great Spirit” — comprises two parcels of land totaling 5.3 acres, a 12,679-square-foot main house that overlooks the lake, a 3,800-square-foot guest house and a shared pier with boat lift.
The house’s design takes inspiration from Yosemite National Park’s Ahwanee Hotel. The main house living room has panoramic lake views and 39-foot-tall ceilings. The master suite features a granite fireplace and a master bathroom with a glass-door shower and his-and-her toilet rooms.

Demand for properties in resort towns such as Tahoe has soared since the onset of the Covid-19 pandemic. With more work-from-home opportunities, properties that were previously only considered “second homes” have now become primary.

The current record holder for the highest sale price for a single-family home in Tahoe is a Zephyr Cove mansion that featured a replica of the iconic staircase from the Titanic. That 210-acre property sold for $48 million in 2013.

The Lake Tahoe ranch that was featured in the TV series “Bonanza” almost beat the record in 2020, but ultimately sold for $38 million.

California Senator Dianne Feinstein is also selling her five-acre Lake Tahoe compound. This property, which was just relisted for $41 million, includes a main house and two guest houses.

The Lake Tahoe area is currently dealing with the effects of the Caldor Fire, which has destroyed hundreds of homes and threatened more than 34,000 others. Communities to the south and southeast of Lake Tahoe’s shores are also under mandatory evacuation orders.

[SFGATE] — Victoria Pruitt 





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