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For sale
  • $13,500,000

    9898 Lake St, Kings Beach, CA 96143

    7beds
    5,168sqft
    : 
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    Single Family Residence
    Built in 1934
    1.7 Acres Lot
    $-- Zestimate®
    $2,612/sqft
    $-- HOA

    What's special

    Grand stone fireplaceLake-view sleeping quartersSeparate music roomExpansive lake-view windows
    Fairwinds is a one-of-a-kind legacy property embodying the elegance, history, 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 and restore it to its former glory. Property addresses include 9898 Lake Street, 9892 Lake Street, and 9888 Pilot Lane. Rich in Old Tahoe architectural character, the estate captures an era when Lake Tahoe was an exclusive escape for high society. The home is being sold as-is and will require substantial renovation before it can be occupied — making this an ideal project for a visionary buyer, preservationist, or developer with the passion and resources to honor its heritage. For those with a different vision, the property also presents a compelling opportunity to start fresh — razing the existing structure and building a modern estate on one of the most coveted lakefront parcels in all of Tahoe. Either path leads to something extraordinary.The heart of the home is a great room with soaring ceilings, expansive lake-view windows, and a grand stone fireplace. A separate music room — backdrop for the estate's famed gatherings — adds unique character, along with lake-view sleeping quarters. Set along approximately 300 feet of pristine lake frontage, the property features a rare marina-style private pier with two boat slips — a foundation few Tahoe properties can offer regardless of condition. Fairwinds is a once-in-a-generation chance to steward a true piece of Tahoe history.
    48 days
    |
    4,055
    |
    153
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    William Dietz 530-584-3454,

    Tahoe Luxury Properties

    Source: TSMLS,MLS#: 20260953MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      • Full bathrooms: 5
      Features
      • High Ceilings, Great Room
      • Flooring: Wood
      • Has fireplace: Yes
      • Fireplace features: Fireplace: Living Room
      Interior area
      • Total structure area: 5,168
      • Total interior livable area: 5,168 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: One, Detached
      • Garage spaces: 1
      Features
      • Levels: Two
      • Has view: Yes
      • View description: Lake, Panoramic-Lake, Panoramic
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Beach Front, Pier, Pier/Permitted
      Lot
      • Size: 1.7 Acres
      • Topography: Level,Downslope,Gently Rolling
      Details
      • Parcel number: 090321006
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Old Tahoe
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Roof: Shake/Shingle
      Condition
      • Used,Fixer
      • New construction: No
      • Year built: 1934

      Utilities & green energy

      • Sewer: Utility District
      • Water: Utility District

      Community & HOA

      Community
      • Features: Gated: To Home
      HOA
      • Has HOA: No
      Location
      • Region: Kings Beach

      Financial & listing details

      • Price per square foot: $2,612/sqft
      • Tax assessed value: $3,667,410
      • Annual tax amount: $39,968
      • Price range: $13.5M - $13.5M
      • Date on market: 5/22/2026
      • Listing terms: Cash To New Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $7,764/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$13,500,000$2,612/sqft
        Source: TSMLS #20260953 Report a problem
        6/4/2026Contingent$13,500,000$2,612/sqft
        Source: INCMLS #1018915 Report a problem
        6/4/2026Pending sale$13,500,000$2,612/sqft
        Source: TSMLS #20260953 Report a problem
        5/22/2026Listed for sale$13,500,000+116%$2,612/sqft
        Source: TSMLS #20260953 Report a problem
        10/4/2013Listing removed$6,250,000$1,209/sqft
        Source: Oliver Luxury Real Estate #20110345 Report a problem
        7/25/2013Pending sale$6,250,000$1,209/sqft
        Source: Oliver Luxury Real Estate #20110345 Report a problem
        7/7/2013Listed for sale$6,250,000$1,209/sqft
        Source: Oliver Luxury Real Estate #20110345 Report a problem
        2/8/2013Listing removed$6,250,000$1,209/sqft
        Source: Oliver Luxury Real Estate #20110345 Report a problem
        2/14/2012Price change$6,250,000-10.1%$1,209/sqft
        Source: Oliver Luxury Real Estate #20110345 Report a problem
        7/27/2011Listed for sale$6,950,000-12.6%$1,345/sqft
        Source: Oliver Luxury Real Estate #118081 Report a problem
        10/30/2010Listing removed$7,950,000$1,538/sqft
        Source: Better Homes and Gardens Mason Mcduffie Real Estate #2902602 Report a problem
        5/1/2010Price change$7,950,000-3.6%$1,538/sqft
        Source: Prudential CA/NV/TX #2902602 Report a problem
        9/28/2009Listed for sale$8,250,000$1,596/sqft
        Source: Prudential CA/NV/TX #2902602 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$39,968 +3.2%$3,667,410 +2%
        2024$38,743 +1.7%$3,595,500 +3.5%
        2023$38,092 +1.7%$3,472,323 +2%
        2022$37,441 +2.2%$3,404,239 +2%
        2021$36,618 +1.6%$3,337,491 +1%
        2020$36,050 $3,303,270 +2%
        2019$36,050 +164.4%$3,238,500 +168.3%
        2018$13,633 +1.9%$1,207,155 +2%
        2017$13,379 +1%$1,183,486 +2%
        2016$13,241 +2%$1,160,282 +1.5%
        2015$12,978 +3%$1,142,855 +2%
        2014$12,600 $1,120,469 +0.5%
        2013-- $1,115,406 +2%
        2012-- $1,093,537 +2%
        2011-- $1,072,097 +0.8%
        2010-- $1,064,086 -0.2%
        2009-- $1,066,615 +2%
        2008-- $1,045,702 +2%
        2007-- $1,025,199 +2%
        2006-- $1,005,098 +2%
        2005-- $985,391 +2%
        2004-- $966,071 +1.9%
        2003-- $948,366 +2%
        2002-- $929,772 +2%
        2001-- $911,542 +2%
        2000-- $893,670

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 96143

        Getting around

        22 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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