Lakefront property listed for nearly $20 million

A first-time-on-the-market lakefront offering has debuted in the Dollar Point enclave. Panorama Shores is 6,348 square feet.

A first-time-on-the-market lakefront offering has debuted in the Dollar Point enclave. Panorama Shores is 6,348 square feet. Courtesy

Share this: Email | Facebook | X

TAHOE CITY, Calif. – A first-time-on-the-market lakefront offering has debuted in the Dollar Point enclave.

Co-listed by Craig Miller and Katherina Haug of Sierra Sotheby’s International Realty for $19.75 million.

“This home will establish new sales records for Dollar Point, Lake Tahoe,” Haug said. “The most recent lakefront sale in the area, which we listed at $12.9 million, ultimately sold for $16.5 million after a vigorous bidding war, demonstrating the continued high demand for one-of-a-kind Tahoe properties.”

Located on an original stretch of Dollar Point, the 6,348-square-foot Panorama Shores includes two private buoys, approximately 90 feet of lake frontage and offers panoramic views of Lake Tahoe.

“The home’s proximity to Olympic Valley, Northstar, and Truckee Airport — accommodating private jet services — appeals to high-net-worth buyers seeking both seclusion and accessibility,” Miller said.

The location is in walkable proximity to Tahoe City’s center with dining, family activities and events.

Designed by Rick Thompson of Sagan Design Group and completed in 2016, this residence integrates wood, steel and glass, creating a contemporary yet organic aesthetic. The owners, contractors, and designers collaborated on every detail — what Thompson calls an exercise in ‘transparency’ — blending the home with its natural surroundings. Featuring six bedroom suites, four of which are lakefront, seven-and-a-half bathrooms, and an oversized two-car garage, on a 25,195-square-foot lot, there is a sense of flow and duality of spaces.

Interior designer Vivian Soliemani emphasized light and openness, from the culinary space with mahogany butcher block island to the children’s bunkroom. Retractable glass doors open to lakefront terraces with multiple seating nooks, a 12-person jacuzzi, and beach access.

“From oak planks sourced from an 1800s tobacco barn, to engineering and installing the steel-framed staircase, the design team poured years of thought and care into shaping a home that inspires connectivity and creativity. At every turn, a new stage is set to reveal Tahoe’s crystal waters in summer and snow-capped majesty in winter, capturing the essence of each season,” Haug said.

Panorama Shores offers an executive office for remote work, dual elevators, theater, and a temperature-controlled, 500-bottle wine room. A fitness center, steam shower, and 12-person hot tub include direct lake access for those who enjoy a refreshing (and ambitious) Lake Tahoe cold plunge.

“This residence really delivers on technology,” says Miller. “It offers luxury buyers the simplicity they want for their Tahoe lifestyle: comfort and efficiency at the touch of a button.”

For information, go to 3280edgewater.com.