Lakeside Property

Mark Zuckerberg creates $59 million unfold at Lake Tahoe

In late 2018, Fb CEO Mark Zuckerberg bought 2340 Sunnyside Lane, Tahoe Metropolis, for $22 million. In January 2019, he bought an adjoining property for $37 million, making a $59 million compound on the West Shore of Lake Tahoe. (Picture: Offered to RGJ Media)

Mark Zuckerberg has friended the West Shore.

Previously six months, the Fb CEO quietly bought two adjoining estates on the West Shore of Lake Tahoe close to Tahoe Metropolis, because the Wall Road Journal first reported final week. 

The 1930s Carousel Property, roughly three acres at 2340 Sunnyside Lane, went for $22 million in late 2018. The neighboring Brushwood Property, about 6 acres at 2360 Sunnyside, fetched $37 million in January 2019. 

In July 2018, the Carousel property was in the marketplace for $25 milliion, because the Reno Gazette Journal reported in a round-up of expensive Tahoe properties then on the market. The Brushwood property had been in the marketplace for $45 million, in keeping with the Wall Road Journal.

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Included: a 400-foot personal seaside

The purchases that created Zuckerberg’s $59 million compound rank amongst a number of mega-luxury listings and gross sales lately at Lake Tahoe. 

About two years after it got here in the marketplace, the Crystal Pointe property, with 520 ft of craggy shoreline on Crystal Bay, continues to be on the market for $75 million. On the Nevada aspect of Lake Tahoe, a Zephyr Cove property with a 400-foot personal seaside is asking a jot lower than $47 million, because the RGJ reported in Could 2018.

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Again in Crystal Bay, a six-layer glass-walled confection trimmed with 100 ft of shoreline is in the marketplace for almost $40 million.

On the gross sales aspect, an property on the identical road because the Zuckerberg unfold closed for $40 million in April 2018. That very same month, a lakefront property in Incline Village closed for $36.5 million.

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Johnathan L. Wright is the food and drinks editor of RGJ Media, a part of the USA Right now Community. Be part of @RGJTaste on Twitter, Fb and Instagram. 

Learn or Share this story: https://www.rgj.com/story/life/2019/05/07/facebook-ceo-mark-zuckerberg-buys-million-lake-tahoe-estate/1130640001/

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