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Exclusive | A $62 Million Estate Built by Steve Wynn Becomes Lake Tahoe's Most Expensive Home.

Authors :
Solomont, E.B.
Source :
Wall Street Journal - Online Edition. 10/18/2024, pN.PAG-N.PAG. 1p.
Publication Year :
2024

Abstract

A Lake Tahoe estate built by casino billionaire Steve Wynn has sold for $62 million, setting a record for the lake's most expensive property. The Nevada property, known as Old Forge, was listed for $76 million last year by the sellers, Nora and Dr. Michael Lacey. The buyers, from the San Francisco Bay Area, remain unidentified. The estate features a private sandy beach, a deep-water pier, and two buoys, with the main residence spanning 12,700 square feet and a guesthouse with three bedrooms. High-net worth buyers are still attracted to tax-friendly Nevada, despite stabilizing real estate prices in the area. [Extracted from the article]

Details

Language :
English
Database :
Academic Search Index
Journal :
Wall Street Journal - Online Edition
Publication Type :
News
Accession number :
180360321