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BAY AREA NEWS
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Lake Tahoe Resort Property Hits the Market

1/29/15

We thought some of you might be interested in this unique California resort listing to hit the market. The property, Shakespeare Ranch, is said to be Lake Tahoe's oldest settlement. It is being offered at an asking price of $98 mil.

Exuding luxury, history, charm and room to roam, this Western "Camelot" evokes the feel of a by-gone era. Offering more than 400 feet of sparkling shoreline, Shakespeare Ranch has hosted historic dignitaries and modern celebrities for well over 100 years. A 397-foot shared pier with private lift for a 40-foot boat offers the preferred means of transport to Tahoe's many lakeside restaurants, Edgewood golf course, and entertainment venues; and it's only a 10 minute boat ride to the California's Alpine Gold Coast.

The lakefront compound is comprised of 17 guest homes, including 25 bedrooms, 25 bathrooms and 13 kitchens, one of which hosts the culinary fireworks of renowned chef Emeril Lagasse during annual celebrity events hosted at the Ranch. The property also includes an indoor pool house, horse stables, a greenhouse and a root cellar converted to an underground wine-tasting and tap room.

According to the marketing info we received, Shakespeare Ranch is the largest residential lakefront property on the Lake Tahoe market, and if it sells anywhere near its listing price, it would easily be the highest-priced residential sale in Lake Tahoe's history. “There are few places in the world that match the diversity in lifestyle that Shakespeare Ranch offers," says Lexi Cerretti, Shakespeare Ranch’s co-listing agent with Sierra Sotheby’s International Realty. "With the opportunity for an equestrian or ranch property that doubles as an alpine skiing retreat, and summer home complete with community golf course and beach club. This is truly a four-season paradise an hour by air to Los Angeles and San Francisco."





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