Once owned by Howard Hughes, this legendary lakefront estate is located on a highly coveted, wind-sheltered cove on Lake Tahoe’s North Shore in Crystal Bay, Nevada, Summertide offers an exceptional opportunity to own a beautifully renovated log home with grand lake views, a water’s edge guest house cottage, detached four-car garage building, and manicured grounds. Selling price is $17.5 million. The main house was built from timber sourced nearby circa 1934 and the guesthouse was added to the estate circa 1940. Perched atop a bluff overlooking 500 feet of shoreline below, Summertide has its own pier, boatlift and mooring buoy facilities. Additionally, history, celebrity, and legend are associated with this lakefront estate compound.
Summertide is poised for a dramatic transformation, as it is envisioned by the talented team of Keith Kelly, of Kelly & Stone Architects, Kevin Agan, of Agan Consulting Corporation, and John Brink, of Brink Custom Homes. It only awaits a discerning individual or group who can take advantage of this exceptional opportunity to preserve the current building and pursue the development of a large custom compound or partially redevelop the estate to add numerous lakefront and lake view homes. The estate sits on five and a half acres and currently the house, guest cottage and garage are spread across three of the many parcels.
The Crystal Bay location provides access to world-class recreational facilities including two golf courses, a tennis complex, ski resort, 37,000-square-foot recreation center and other preferred access and discount opportunities. Crystal Bay is a quick 20 minute drive from the Truckee Tahoe Airport and 45 minutes from Reno Tahoe International Airport.
Physical Address: 26 Cala Neva Drive, Crystal Bay, Nevada, 89402
View listing: http://www.sothebysrealty.com/eng/sales/detail/180-l-2243-yzppce/summertide-crystal-bay-nv-89402