Lake Tahoe residence sale
South Lake Tahoe saw its largest residential real estate sale in nearly a decade when the Julia Morgan designed lakefront estate closed for $8.5 million.
The home was built in 1928 and includes a 2,750-square-foot main house with an 864-square-foot guesthouse. Morgan, an architect, is best known for her work on the Hearst Castle in San Simeon. The stateline property, coined Twin Pines, is one of only two Morgan designs in the Tahoe area. The home sits on 1.65 acres with more than 180 feet of sandy beach, a pier, and buoy.
Both the buyer and seller were represented by Chase International agents.
According to NVIE, the event has been designed specifically to meet the needs of manufacturing and tech industries in Northern Nevada.