Price Reduction - Water Views
Address
9898 Lake Street, Kings Beach, CA
Price
$ 12,500,000
Property Attributes
  • MLS#1018915
  • TypeSingle Family
  • Listing Status Active
  • CountyPlacer
  • CityKings Beach
  • AreaTahoe Basin N
  • Zip96143
  • Style
  • Year Built1934
  • Taxes$ 41943
  • Price$ 12,500,000
  • Bedrooms7
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage5168
  • Lot Size1.7 Acres
Data Source:
Incline Village Board of REALTORS® (IVBOR)
Property Description

Fairwinds is a one-of-a-kind legacy property embodying the elegance and glamour of Lake Tahoe's storied past. Originally built as a summer retreat for one of the most prominent families of the early 1900s, this is a rare opportunity to acquire a remarkable piece of Tahoe history. Property addresses include 9898 Lake St, 9892 Lake St and 9888 Pilot Ln. Rich in Old Tahoe character, the estate captures an era when Lake Tahoe was an escape for high society. Sold as-is, the home will require substantial renovation before it can be occupied-ideal for a visionary preservationist or developer ready to restore it or build a modern estate on one of Tahoe's most coveted lakefront parcels. The home features soaring ceilings, lake-view windows, a grand stone fireplace, plus a separate music room and lake-view sleeping quarters. Set along approximately 300 feet of lake frontage with a private pier and two boat slips, a foundation few Tahoe properties can offer. A once-in-a-generation opportunity.

Price History
5/23/2026 Listed $13,500,000
9/15/2026 7$12,500,000

General Features

View Lake,Panoramic
Topography Level,Sloping
Property Subtype Single Family Residence
County Placer
Property Type Residential
Possible Use Single Family
Status Active
City Kings Beach
MLS Area Tahoe Basin N
Lot Size Units Acres
Listing Terms Cash,Conventional
Tax Annual Amount 41943
Standard Status Active
Property Sub Type Additional Single Family Residence
Heating Baseboard
Garage Spaces 1
Architectural Style Historic/Antique
Year Built 1934
HOA false
Garage Y/N true
Full Baths 5
Home Warranty Y/N false
Property Condition Fixer
Occupancy Type Vacant

Interior Features

Furnished Y/N Unfurnished
Heating Y/N true
Total Bedrooms 7
Total Baths 5
LivingAreaSource Assessor

Exterior Features

Lot Features Level
Lot Size Area 1.7
Lot Size Acres 1.7
Parking Features One Car Garage
Frontage Type Lakefront

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 96143

Price
AVG $980K
$12.5M
Year Built
AVG 1974
1934