With a purchase of $ 76 million, Steve Wynn’s former estate in Lake Tahoe is at your disposal

Almost six years after the last sale for $ 31 million, a luxury property in Lake Tahoe, previously owned by Steve Wynn, is back on the market, this time for a whopping $ 76 million. Built by the disgraced casino magnate in the early 1990s, the nearly 5-acre site is located in the affluent enclave of Nevada’s sloping village, crammed with 210-foot waterfront pictures and a private beach.

If the location is close to this amount, it would set a record for the most expensive residential real estate transaction ever recorded in the Tahoe area, including the sale of a $48 million villa in Zephyr Cove in 2013.

Records show that Wynn sold the Old Forge property in 1998 for $17 million. The current owners are Nora Lacey, founder of the biotechnology company Cell Marque, and her husband Dr. Michael Lacey, who acquired the site in 2017 and subsequently spent millions of dollars on a major renovation of the facility.

Located on a section of the seafront known as the Billionaire Row, which is home to Facebook founder Mark Zuckerberg, former junk bond king Michael Milken and tech billionaire Larry Ellis, among others, the property has a main house and a separate guest house for a total of seven bedrooms and an equal number of bathrooms on almost 14,200 square meters.

In addition to an abundance of protective equipment installed by Wynn during his tenure,armored glass front doors, a 9-foot fence around the perimeter and a massive security system, other amenities include a cinema as well as a gym, a massage area and a games/ wine room. There is also a garage for four cars, as well as a private deep-water dock, a boat winch, a jet ski platform and two buoys.

A long entrance gate opens into the wood and stone clad primary structure, which offers just over 12,600 square meters of living space, highlighted by a large vaulted room with a bar counter and glass walls overlooking the lake, as well as a family room anchored by a floor-to-ceiling fireplace, a formal dining room and a gourmet kitchen with a dining island, stainless steel appliances and a fireplace.

According to the Wall Street Journal, which first reported on the sale, the Laceys decided to leave the estate because they are downsizing their holdings. The couple already has houses in the Californian cities of Los Altos and Newcastle, where they run an orchard.

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