The most expensive home in Nevada is a $64.5 million clifftop mansion that overlooks Lake Tahoe.
The mansion sits on five acres of land along Highway 28 at Crystal Bay, per Realtor.com. The property is replete with a primary residence on a clifftop, a second lakeside home closer to the shores of Lake Tahoe, and a cable lift connecting the two.
Stuart Yount, the CEO of building material company Fortifiber, and his wife Geri built the house from the ground up, per The Wall Street Journal. They bought the land in 1994 and spent five years completing the mansion.
The mansion has been the Younts’ primary home for 25 years, listing agent Mike Dunn of Chase International told Insider. Dunn shares the listing with Kerry Donovan, Shari Chase, and Susan Lowe.
The Younts listed the house for $75 million in 2017, only to pull it off the market in 2020. With its current $64.5 million price tag, the mansion is an extreme price outlier for Crystal Bay, where the median listing price is $5.5 million, per data from Realtor.com.
Although easily noticeable from Lake Tahoe, the mansion hides in plain sight from the state road, Dunn said.
“When driving on the highway, you only notice a rooftop of what people perceive is a home; but that’s just the entry pavilion and the garages. From there, you take the funicular or walk through a beautiful pathway garden to the main entrance,” Dunn said.
The kitchen features a chef’s island with a granite worktop.
(Source: Architectural Digest)
The mansion has six bedrooms. The master suite comes with arched wooden ceilings and a custom-made fireplace.
Above the fireplace is a hand-carved cabinet that conceals the TV, Dunn said in the video.
The master suite has floor-to-ceiling windows that open up to panoramic views of the lake.
The master bathroom has a steam shower and a Jacuzzi tub.
The bathroom window features a glass etching that glows in the dark, per the video.
The main office comes with a fireplace and a library made from Brazilian mahogany, Dunn said in the video.
One of the doors in the office leads to a private balcony that connects to the master suite, per the video.
The beach house was completed in 2015. It took the Younts over 10 years to obtain permits to begin construction of the home, Dunn told Insider.
The Younts had to work closely with Tahoe Regional Planning Agency to ensure minimal environmental impacts on the surroundings, Dunn added.
The Younts also recently obtained a permit to build a pier, which is expected to be finished this year and is included in the sale of the mansion, Dunn said.
The Younts designed the beach house to entertain guests and host events, Dunn said.
“The beach house hovers right above the water edge; you walk into this incredible living space with a large fireplace, a massive bar and doors that retract to a grand patio overlooking Lake Tahoe,” he added.
There is also a barbecue pit on the lower level and two guest rooms, Dunn said.