Gigantic Lake Tahoe Compound Reduced to $75M

Perhaps it was the $100 million price tag that turned buyers off to this magnificent Zephyr Cove estate, which has lingered on the market for the last five years. Whatever the reason, Tommy Hilfiger co-founder Joel Horowitz recently reduced the price of his ritzy property to a still-staggering $75 million. According to the listing agent, this new reduced list price is "an amazing value." View the listing.

8 photos
1/8
Perhaps it was the $100 million price tag that turned buyers off to this magnificent Zephyr Cove estate, which has lingered on the market for the last five years. Whatever the reason, Tommy Hilfiger co-founder Joel Horowitz recently reduced the price of his ritzy property to a still-staggering $75 million. According to the listing agent, this new reduced list price is "an amazing value." <a href="http://www.zillow.com/homedetails/525-Highway-50-Zephyr-Cove-NV-89449/2145225933_zpid/#hdp-photo-lightbox" target="_blank">View the listing</a>.
2/8
The property totals 210 acres and includes its own private lake.
3/8
If this soaring living room doesn't impress you, we don't know what will.
4/8
A view of the very ritzy indoor pool.
5/8
Check out the view of Lake Tahoe and the snow-capped Sierra Mountains from the home's patio.
6/8
This spectacular property has eight buildings! In addition to the nine bedroom main house, there is a conservatory, guest residence, art studio, boast house pavilion, gymnasium with an indoor basketball court, a stable, and an additional guest house for staff.
7/8
<I>The Wall Street Journal</i> reports that Joel Horowitz stated last fall that the property was "worth every penny." Horowitz and his wife reportedly spent numerous years designing and building the home to their liking.
8/8
Coined "Tranquility," this stone mansion even has a staircase modeled on the Titanic.
Copyright LXTVN - LXTV
Contact Us