NOT LISTED FOR SALE

1041 Lakeshore Blvd Incline Village, NV 89451

Estimated Value: $4,415,000 - $62,146,534

7 Beds
11 Baths
14,197 Sq Ft
$2,344/Sq Ft Est. Value

Last Sold October 10, 2024

Last sale price $62,000,000 $4,367 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $205,512/month

377 Days on Market

About This Home

As of October 2024

Once-in-a-lifetime opportunity! Estates like this are generational and rarely come on the market! Experience the epitome of Lake Tahoe's lakefront sanctuary which offers privacy and exclusivity like no other. This exceptional, iconic estate, best known as The Old Forge - Wynn Estate, offers captivating and unobstructed views of Lake Tahoe. This distinguished property is gated, and sprawls across 5 acres, making this a haven of both solitude and prestige. It boasts 210ft of privately owned sandy beach, complete with a deep water pier, boat hoist, jet ski platform, and two buoys. The main residence is 12,661sf w/ a grandeur primary suite plus three en-suite bedrooms all with sweeping lake views, and a separate office. A gourmet kitchen, media room, game room w/ partial kitchen, wine rm, and a spectacular great room that unfolds onto an expansive outdoor patio. 3 bed/ba 1,536sf guest quarters. Old Forge is preserved with Wynn's original interiors. Only a few parcels on Lakeshore like it.

Last Listed By

Christine Perry

Christie's Sereno License #S.192951 Listed on: 09/22/2023

Christie's Sereno

Home Details

Home Type

Single Family

Est. Annual Taxes

$241,373

Year Built

1994

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 4.972
  • Garage Yn: Yes
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Possible Use: Single Family
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Trash Compactor, Wine Refrigerator
  • Other Equipment: Generator
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Breakfast Bar, Granite Counters, Marble Counters, Stone Counters, Second Kitchen, Mud Room, Walk-In Pantry, Workshop
  • Living Area: 14197.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Family Room, Game Room, Guest Quarters, Great Room, Library, Mud Room, Office, Pantry, Storage Room, Utility Room, Wine Room, Workshop
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Lake Front, Level
  • Topography: Level
  • View: Lake, Mountain(s), Panoramic
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Boat Ramp/Lift Access, Beach Access, Lake Front
  • Waterfront: Yes
  • Home Warranty: No
  • Roof: Concrete, Slate

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Four Car Garage, Four or more Spaces, Garage

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Development Status: Resale/Previously Owned
  • Parcel #: 130-230-09
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 227827.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Sep 19, 2024
Sold by
Michael G Lacey Family Trust and Nora B Lacey Family Trust
Bought by
1041 Lakeshore Llc
Seller's Agent
Christine Perry
Christie's Sereno
Buyer's Agent
Christine Perry
Christie's Sereno
List Price
$68,900,000
Sold Price
$62,000,000
Premium/Discount to List
-$6,900,000
-10.01%
Total Days on Market
377
Views
1969
Current Estimated Value
$33,280,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,719,233
Avg. Annual Appreciation
-67.74%
Original Mortgage
$24,999,999
Outstanding Balance
$24,837,900
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$8,442,867

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jun 15, 2017
Sold by
Wong Robert
Bought by
Lacey Michael G and The Michael G Lacey Family Trust
Seller's Agent
Patricia Lantz
Lakeshore Realty
Buyer's Agent
Janet Pahl
Coldwell Banker Select
List Price
$35,000,000
Sold Price
$31,100,000
Premium/Discount to List
-$3,900,000
-11.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Mar 2, 2004
Sold by
Wong Robert
Bought by
Wong Robert and Ten Four One Realty Trust

Purchase Details

Closed on
Jul 11, 1998
Sold by
Alling Ronald D
Bought by
Bible Paul A and The Ten Four One Realty Trust

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1041 Lakeshore Llc $62,000,000 First American Title
Lacey Michael G $31,100,000 Reliant Title
Wong Robert -- First American Title
Bible Paul A $17,000,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1041 Lakeshore Llc $24,999,999
Previous Owner Michael G Lacey Family Trust $10,000,000
Previous Owner Lacey Michael G $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2024 10/10/24 Sold $62,000,000 -10.0% $4,367 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $68,900,000 0.0% $4,853 / Sq Ft
10/02/2024 10/02/24 Off Market $68,900,000 -- --
05/06/2024 05/06/24 Price Changed $68,900,000 -9.3% $4,853 / Sq Ft
09/22/2023 09/22/23 For Sale $76,000,000 +144.4% $5,353 / Sq Ft
06/19/2017 06/19/17 Sold $31,100,000 -11.1% $2,456 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $35,000,000 -- $2,764 / Sq Ft
Source: Incline Village REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $241,373 $11,595,317 $9,800,000 $1,795,317
2024 $241,373 $10,639,677 $8,820,000 $1,819,677
2023 $234,198 $9,566,590 $7,840,000 $1,726,590
2022 $227,827 $7,413,702 $5,880,000 $1,533,702
2021 $220,854 $6,908,121 $5,390,000 $1,518,121
2020 $214,652 $6,407,682 $4,900,000 $1,507,682
2019 $208,785 $6,020,832 $4,438,616 $1,582,216
2018 $205,372 $6,050,861 $4,438,616 $1,612,245
2017 $197,122 $5,800,189 $4,187,344 $1,612,845
2016 $192,170 $5,552,840 $3,913,434 $1,639,406
2015 $193,028 $5,563,848 $3,913,434 $1,650,414
2014 $189,136 $5,468,962 $3,913,434 $1,555,528
2013 -- $5,500,698 $3,913,434 $1,587,264
Source: Public Records

Agents Affiliated with this Home

  • Christine Perry

    Seller's Agent in 2024

    Christine Perry

    Christie's Sereno

    (408) 335-1405

    5 in this area

    8 Total Sales

    Christine Perry
    Section Image

  • P

    Seller's Agent in 2017

    Patricia Lantz

    Lakeshore Realty

    (775) 721-3321

    Patricia Lantz
    Section Image
  • Janet Pahl

    Buyer's Agent in 2017

    Janet Pahl

    Coldwell Banker Select

    (775) 831-1515

    24 in this area

    24 Total Sales

    Janet Pahl
    Section Image
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Map

Source: Incline Village REALTORS®

MLS Number: 1014088

Incline Village REALTORS®

APN: 130-230-09

Nevada Washoe County Incline Village 89451

1041 Lakeshore Blvd, Incline Village, NV

Homes for Sale in Incline Village, NV

This home is located at 1041 Lakeshore Blvd, Incline Village, NV 89451 since 22 September 2023 and is currently estimated at $33,280,767, approximately $2,344 per square foot. This property was built in 1994. 1041 Lakeshore Blvd is a home located in Washoe County with nearby schools including Incline Elementary School, Incline Middle School, and Incline High School.

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Incline Village REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.