Largest Private Land Holding in Tahoe Sold

Largest Private Land Holding in Tahoe Sold

By Kathryn Reed – www.laketahoenews.net

It took more than seven years and for the price to drop $55 million before Tranquility got a new owner.

Tranquil Investments LLC bought the Zephyr Cove property for $45. When it first went on the market in 2006 the asking price was $100 million. It is the largest private land holding in the Lake Tahoe Basin.
This staircase is designed to look like the one on the Titanic.
In 1996 Joel Horowitz, co-founder of Tommy Hilfiger, and his wife, Ann, bought the 210-acre undeveloped property…

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