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.
For sale
Price cut: $1M (9/15)
$12,500,000
9898 Lake St, Kings Beach, CA 96143
7beds
5,168sqft
Single Family Residence
Built in 1934
1.7 Acres Lot
$11,828,000 Zestimate®
$2,419/sqft
$-- HOA
What's special
- 131 days
- 2,403
- 174
Zillow last checked:
Listing updated:
Listed by:
William Dietz 530-584-3454,
Tahoe Luxury Properties
Source: TSMLS,MLS#: 20260953
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
Video & virtual tour
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: $2,419/sqft
- Price range: $12.5M - $12.5M
- Date on market: 5/22/2026
- Listing terms: Cash To New Loan
Estimated market value
$11,828,000
$11.12M - $12.42M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $12,500,000-7.4%$2,419/sqft |
Source: | ||
| 6/15/2026 | Listed for sale | $13,500,000$2,612/sqft |
Source: | ||
| 6/4/2026 | Contingent | $13,500,000$2,612/sqft |
Source: | ||
| 6/4/2026 | Pending sale | $13,500,000$2,612/sqft |
Source: | ||
| 5/22/2026 | Listed for sale | $13,500,000$2,612/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






