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

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.

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