'Rare' and coveted family estate on Tahoe's billionaire row lists for $47.5M

"The 4,530-square-foot lakefront property, called Sandy Shores, has six bedrooms and 5.5 bathrooms with a family room, living room, formal dining room, breakfast nook, hot tub, sauna and two-car garage. Situated on a 1.85-acre parcel, the property is guarded by a wrought-iron gate and a long, winding driveway through pines and grass leading up to the house. Inside, ample sunlight streams in through the south-facing windows that overlook the lake."

"But the true star of the estate is the beach: a 106-foot stretch of sand with unfiltered south-facing views down the middle of Lake Tahoe, with nothing stopping you from diving into the water. Properties like Sandy Shores don't come up for sale often. It's one of just seven properties that lie east of the Hyatt Regency Lake Tahoe and hold a unique set of qualities that are hard to find in Tahoe, said Bill Dietz, principal broker at Tahoe Luxury Properties, in a phone interview with SFGATE."

""It has a rare combination of acreage, relatively level topography and pure sand beach," Dietz said. "That trifecta is difficult to duplicate, particularly in Incline Village." Estates like Sandy Shores tend to stay in families for generations, Dietz added. Sandy Shores was the longtime residence of Sam Jaksick Jr., a real estate developer and cattle rancher who apparently purchased the property for less than a million dollars in the 1970s, his son, Todd Jaksick, told the Wall Street Journal."

A 4,530-square-foot lakefront property named Sandy Shores is for sale in Incline Village for $47.5 million. The home has six bedrooms and 5.5 bathrooms, plus a family room, living room, formal dining room, breakfast nook, hot tub, sauna, and a two-car garage. The 1.85-acre parcel is gated with wrought iron and reached by a long driveway through pines and grass. South-facing windows provide sunlight and lake views. The standout feature is a private 106-foot stretch of sand with unfiltered south-facing views down Lake Tahoe. The estate is one of only seven properties east of the Hyatt Regency Lake Tahoe with rare acreage, relatively level topography, and pure sand beach.

Read at SFGATE