SALE $33.5 MILLION 9 bedrooms, indoor poolThe roughly 10,000-square-foot estate in Incline Village first listed for $49 million in December 2023, but its price was reduced to $44 million in August, according to the real-estate listing website Zillow.The sellers, Dennis Hart, the founder of First California Mortgage Company, and his wife, Katherine Hart, couldn't be reached for comment.<img src="https://cdn.magzter.com/1731070667/1735888201/articles/ZHkMKv19p1735891199963/7381859887.jpg" alt="image">The buyer's agent, Christine Perry of Christie's International Real Estate Sereno, declined to comment on the identity of her client, but said the purchasers were from the San Francisco Bay Area. They purchased the property fully furnished and "got a great price on it," Perry said. The home had received several offers, according to listing agent Jean Merkelbach of Engel &amp; Völkers.The property was one of the most expensive to sell on Lake Tahoe in 2024. Another Incline Village estate sold for $62 million in October 2024, setting a record for a house on the lake.Incline Village has long been popular with the wealthy for its amenities, lake views and proximity to the Reno airport. The Harts purchased the Incline Village land, which spans just over an acre, for $2.85 million in 1994, according to property records. The couple demolished a circa - 1940s home on the property and spent about three years constructing a new mansion with nine bedrooms and an indoor saltwater pool overlooking the lake. The Harts also restored an original boat house on the property, connecting it to the main house via a wine cellar.<img src="https://cdn.magzter.com/1731070667/1735888201/articles/ZHkMKv19p1735891199963/9447818495.jpg" alt="image">The estate includes two buoys on the lake, as well as a covered dock with an 8,000-pound boat lift and two jet-ski lifts.The Harts previously told the Journal they were selling because they wanted to spend more time at a property they developed in Idaho.

Estate on Lake Tahoe Sells for a Multimillion-Dollar Discount

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