Is Lake Tahoe, CA/NV finally getting a real estate revamp? If the property market follows the lead of Crystal Pointe, the $75 million mansion that went on the market earlier this month, the answer is YES!
This mass of luxury is the most expensive house to ever be listed on Lake Tahoe. With 5.14 acres of land at its disposal, Crystal Pointe, built in 2000, is outfitted with a guest house, a beach house, two glass funiculars, a four car garage pavilion, a ten seat theater, a 1,687 bottle wine cellar, eight bedrooms, ten full bathrooms, and thirteen fireplaces. And let’s not forget the 525 foot lake front that surrounds the mansion, allowing for unobstructed views from sunrise to sunset.
So why would you ever sell this jaw-dropping piece of infrastructural excellence? Crystal Pointe’s owners, Stuart Yount, chairman and CEO of Fortifiber, and his wife Geri’s reason for selling is downsizing. But with beach front access and a short drive to some of the country’s best ski areas, this gem won’t sit on the market for long.
Kerry Donovan, one of the Chase International agents listing the property says, “It really represents the next generation of luxury estates in the Tahoe area”. Donovan’s statement is spot on, describing Crystal Pointe as the game-changer in Lake Tahoe’s real estate market. The mansion’s innovative design and first-class amenities combined with the natural beauty and wilderness of the location have inspired a new approach to 21st century living on Lake Tahoe.