Lake Tahoe ranch once listed for $188m now prepares separate $43m mansion sale

AI Summary

Shakespeare Ranch, a historic Lake Tahoe estate, has struggled to sell after its asking price was reduced from $188 million to $125 million. Interest has shifted toward buying portions of the property, including the main Water’s Edge residence, which is being offered separately for $39.5 million.

Shakespeare Ranch, a historic estate in Lake Tahoe, has struggled to find a buyer since listing. The property was initially priced at $188 million but has seen a price reduction to $125 million. Potential buyers are now interested in purchasing parts of the estate instead of the entire property. The main house, called Water’s Edge, is for sale at $39.5 million and features extensive amenities.