
Kings Beach, CA 96143
Fairwinds is a one-of-a-kind legacy property embodying the elegance and glamour of Lake Tahoe's storied past. Originally built as a summer retreat for one of the most prominent families of the early 1900s, this is a rare opportunity to acquire a remarkable piece of Tahoe history. Property addresses include 9898 Lake St, 9892 Lake St and 9888 Pilot Ln. Rich in Old Tahoe character, the estate captures an era when Lake Tahoe was an escape for high society. Sold as-is, the home will require substantial renovation before it can be occupied-ideal for a visionary preservationist or developer ready to restore it or build a modern estate on one of Tahoe's most coveted lakefront parcels. The home features soaring ceilings, lake-view windows, a grand stone fireplace, plus a separate music room and lake-view sleeping quarters. Set along approximately 300 feet of lake frontage with a private pier and two boat slips, a foundation few Tahoe properties can offer. A once-in-a-generation opportunity.
Property is land value only, full reconstruction required.
Built in 1934 and over 90 years old, the property is described as requiring substantial renovation before it can be occupied, meeting the criteria for unlivable status. The listing explicitly suggests razing the structure to build a modern estate, indicating the $12.5M price point is focused on the land value and rare lakefront pier.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 74052, living area = 5168.
The property boasts approximately 300 feet of pristine lake frontage and a rare marina-style private pier with two boat slips, providing unparalleled access and utility on Lake Tahoe.
Known as 'Fairwinds,' this 1934 estate offers unique 'Old Tahoe' architectural charm, featuring soaring ceilings, a grand stone fireplace, and a storied past as a high-society summer retreat.
The home is sold in 'as-is' condition and requires significant structural and cosmetic restoration before it can be occupied, necessitating a buyer with a large budget and vision.
With a $12.5 million list price for a non-habitable structure, the initial capital requirement is high, especially when factoring in the additional costs of a total rebuild or preservation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,168 | 2,144 |
| Lot Size | 74,052 | 9,614 |
| Price | $12.50M | $1.30M |
| Price per sq ft | $2.4K | $606 |
| Built year | 1934 | 1958 |
| HOA | $0 | $0 |
| Days on market | 36 | 67 |
Sep 18, 2026
$12,500,000
Initial Listing