This $38.5 Million Lake Tahoe Estate Has Its Own Deepwater Basin and Beach — Rob Reports

proper name”Shangri-La‘Just that–an idyllic getaway that’s your utopia. Located in Tahoe on the west coast of Lake Tahoe, this $38.5 million estate is a year-round paradise.

From the walled, heated boardwalk to pristine pebbly beaches, a world of wonder lies within this 1.7-acre property. In total, there are nine bedrooms, eight bathrooms, and two half-baths in the main residence, separate guest house, and guest apartment.

The home, located on 2020 West Lake Boulevard, was designed by the famous Los Angeles-based designer Gary GibsonKnown for its sophisticated style in traditional interior design. The home was first built in 1993 and was recently upgraded and remodeled for today’s modern buyer. On the property, every comfort and detail has been thought of to create a more self-sufficient retreat for family and friends.

For example, the heated walkway, made of three-inch granite imported from India, features an advanced snowmelt system, while the patio is made of hand-drilled insulated stones. Inside, you’ll find mahogany walls, gorgeous stone fireplaces, custom cabinets, exposed-beam ceilings and other hand-selected materials that reflect Tahoe’s history.

The main residence, which has seven bedrooms, has raised cabins with clean lines, smooth wood, and elegant décor. There’s a gourmet farmhouse-style kitchen with a fireplace, as well as a butler’s pantry with a Frigidaire commercial refrigerator and freezer. Also in the main house is a stunning 22m indoor pool. Both the pool and hot tub run on an advanced UV and commercial ozone system, which means no chemicals are used. Next to the pool is a sauna, where the previous owner was keen on a healthy and natural lifestyle.

There’s also a guest apartment inside the main house, complete with its own kitchen, and a separate guest house that pays tribute to a traditional Tahoe cabin. Designed to entertain, the owner hosts the annual Family Olympics on the estate as a long-standing tradition.

“The sellers have a large network of extended family and friends,” says lead realtor Bill Dietz who works at Tahoe Luxury Properties. “Their Lake Tahoe properties provided the perfect gathering place where family and friends could gather, rebuild, relax and socialize together. It is a camp in style for kids and adults.”

Tahoe is known for its array of outdoor activities, and Shangri-La is no exception. Perched on 130 feet of lakefront, very rare for Tahoe, the home has a private deep-water pier with a boat lift and buoys. On this side of the lake, the beaches are famous for their pebbly texture, and there are plenty of beaches from which to enjoy the wonderful lakeside views, as well as the vast lawn area for summer recreation. The owners have also built a custom built in-ground hot tub and outdoor garden shower to enjoy the sunset and warm up after a dip in the alpine lake.

Other outdoor amenities include an in-ground bocce court and a horseshoe pit near the yard, and the backyard turns into a volleyball and badminton court. The property’s natural course can also be used as an intense croquet course. The courtyard is located between the main residence and is sheltered from the east wind. Here you can find the basketball hoop.

“While the recreational opportunities in the Lake Tahoe area are limitless, one can find everything one needs within the confines of the property,” says Dietz. “There is always a lively game going on somewhere on the property. The owners are organizing the Olympics on the West Shore, with a range of games being played over the course of the weekend. The winning team was crowned a big champion on Sunday.”

Other features include an executive office, a formal dining room, and a spacious master suite.

“Lake Tahoe’s western shore has been the top choice for affluent and adventurous visitors for generations,” Dietz says. “In the early 1900s, business barons such as J.P. Morgan and Duane L. Place established extensive estates on the West Shore. This tradition continues today with tech tycoons and financiers taking root here. The West Shore is loved for its calm waters, ancient forests, wide boardwalk networks, and dramatic peaks.”

Check out more photos of the property below: