




7 Beds
5 Baths
5,168 sqft
$12,500,000
9898 Lake Street, Kings Beach CA, 96143
Price per sqft$2,418.73
Built in1934
Property size5,168 sqft
Property typeResidential
Overview
Active
Listed Sep 18, 2026
Updated 30h ago
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.
$83,163/mo
Est. mortgage payment based on a $12,500,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 260012096
Interior Features
- Bedrooms
- 7
- Bathrooms
- 5
- Fireplace
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 1.7 Acres
Other Property Details
- Taxes
- $41,943
- Tax Frequency
- Annually
- Garage
- Yes
- View
- Yes
- Waterfront
- Yes
- 55+/Senior Community
- No
Also listed on TSBOR and IVBOR
Courtesy of Tahoe Luxury Properties, William Dietz
The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
©2026 Northern Nevada Regional MLS. All rights reserved.
Data last updated 3:54 AM UTC, 9/19/2026