Lake Tahoe property on market for $188 million

Shakespeare Ranch on the edge of Lake Tahoe is for sale for $188 million, either in its entirety or parts.

The property features a variety of several lakefront residences and homesites with prices starting at $9.95 million.

This 130-acre ranch dates to the late 1800s and sits on the eastern shoreline of Lake Tahoe with 425 feet of frontage and nearly 45,000 square feet of improvements. All combined, the Ranch includes 17 residences, cabins and amenities, a 465-foot private pier hosting two boat lifts, 14 private buoys and a boat house in Tahoe City.

“In a world where opportunities like this are few and far between, it’s a once-in-a-lifetime chance to own one of the most coveted properties in America within Lake Tahoe’s only gated golf and beach community of Glenbrook,” said Mike Dunn, broker and co-listing agent with Chase International.

Within the homesites and properties on the ranch is a new Marc Appleton-designed 9,000-square-foot residence with a waterside cabana under construction, a 4,980-square-foot lakefront home and waterside cabana, two additional lakefront properties with existing structures and room to build appreciable estates, and a pristine meadow site with conceptual plans from architects Backen & Backen.

“They don’t make barns like this in Texas,” former President George Bush said when he visited the ranch one summer.

Built in 1873, the barn and surrounding ranchland is home to the “Glenbrook Rodeo,” a historic tradition revived by owners in 2000. The event has featured a rodeo competition, dinner prepared by celebrity chef Emeril Lagasse and past headlining acts such as Lionel Richie, Robin Williams and Jay Leno.

Adding to the ranch’s amenities are horse stables with paddocks, animal enclosures, and rodeo grounds with pens and bleachers.

In addition, there is a grand pool house with an indoor pool and steam spa, fireside dining, an outdoor hot tub, a fully equipped gym, an art loft, an executive office suite and a staging kitchen for catering.

“The residents of Glenbrook appreciate the seclusion and close-knit community,” said Chase International co-listing agent Claudia Thompson. “They value the luxury of its long, sandy, private beaches, meticulously maintained grounds and elegant homes. Adding to its appeal are expansive views of the lake, the Sierra Nevada and the iconic Shakespeare Rock monolith, which is the backdrop for this awe-inspiring hamlet. Currently, no other land holding on the shores of Lake Tahoe can be created in the image of the historic Shakespeare Ranch.”

The property is listed by Chase International agents Mike Dunn, Claudia Thompson, Shari Chase and Susan Lowe.

Visit shakespeareRanchproperties.com for pricing and particulars.