Record Lakefront Sale on Lake Tahoe’s East Shore

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Record Lakefront Sale on Lake Tahoe’s East Shore

Selling for $38 million and referred to as Sierra Sunset, this property was notably the backdrop for the opening scene of the 70’s hit show Bonanza.

Incline Village, NV | Sept 1, 2020

Lexi Cerretti of Sierra Sotheby’s International Realty recently represented the record-breaking sale of a stunning lakefront estate with some Hollywood history. At $38 million, the sale is recognized as the highest priced waterfront sale on the Nevada side of Lake Tahoe.

Referred to as Sierra Sunset, the property is the original site of the historic Bourne estate, named for New Yorker and Singer sewing machine heir Arthur Bourne. It is Bourne Meadows, which stretches from Hwy 50 to the water’s edge, where the opening scene of the ‘70s hit show “Bonanza” was filmed.

Coincidentally, the new owner was a childhood friend of the Bourne family and grew up spending summers at the beach and the site of the original home before Sierra Sunset was built. With nostalgia for the property, he followed it for years before making the property officially his own this July. Furthering the connection, the buyer had also owned a ranch in Gardnerville, Nev. that was built by the Bourne family. The sellers, who are avid horsemen, took that ranch as partial trade for Sierra Sunset.

“This sale was a win for all parties and exemplifies the creativity and complexities that can often go into significant home and land exchanges such as this,” said Cerretti, Sierra Sotheby’s International Realty listing agent. “The new owner is the perfect steward for this historic property. He will maintain the natural beauty of the meadows and lakeside setting. It’s exciting to see the Bourne history will live on through the ties back to their family.”

Built in 2004, the 17,700-square-foot main residence is set on over 24 acres of meadow, stream and forest. The home features nine fireplaces, oversized mahogany doors and finish, and in-floor hydronic heat under stone and hardwood floors throughout. An impressive 378 lineal feet of sandy beach with pier, boat hoist and buoy set this home apart from other lakefront offerings.

“Unobstructed access to the water, the beach and the newer quality and detail of this spectacular custom home is a full package that’s hard to come by in this market,” said Cerretti.

The main residence features two living rooms, a grand game room with full bar, home theater, gourmet eat-in kitchen, formal dining room and wine room with seating, two offices, home gym with full bath and sauna, craft room, two laundry rooms, main level master suite and seven guest rooms upstairs all with en-suite baths, fireplaces, several with lake view terraces. A two-bedroom guest home with full kitchen and living area including a full four-car garage below is adjacent to the main house.

The nearly seven-acre equestrian parcel with a 15-stall stable, wash rack and grooming area is well-suited for the new owner who shares the same passion for the equestrian lifestyle as the previous owners who were known for raising champion thoroughbreds. Their award-winning horses include two year-old Filly of the Year in California “Sierra Sweetie,” two-year old Filly of the Year in Washington “Cinderella Liberty,” and the property’s namesake “Sierra Sunset” a leading Sophomore Sire in California, and a Kentucky Derby qualifier.

After several years on the market, this sale highlights the insatiable demand for the Lake Tahoe region’s outdoor lifestyle even at the most aspirational price points.

 

sierrasothebysrealty.com

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