Fairwinds is a one-of-a-kind legacy property embodying the elegance, history, 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 and restore it to its former glory. Property addresses include 9898 Lake Street, 9892 Lake Street, and 9888 Pilot Lane. Rich in Old Tahoe architectural character, the estate captures an era when Lake Tahoe was an exclusive escape for high society. The home is being sold as-is and will require substantial renovation before it can be occupied — making this an ideal project for a visionary buyer, preservationist, or developer with the passion and resources to honor its heritage. For those with a different vision, the property also presents a compelling opportunity to start fresh — razing the existing structure and building a modern estate on one of the most coveted lakefront parcels in all of Tahoe. Either path leads to something extraordinary.The heart of the home is a great room with soaring ceilings, expansive lake-view windows, and a grand stone fireplace. A separate music room — backdrop for the estate’s famed gatherings — adds unique character, along with lake-view sleeping quarters. Set along approximately 300 feet of pristine lake frontage, the property features a rare marina-style private pier with two boat slips — a foundation few Tahoe properties can offer regardless of condition. Fairwinds is a once-in-a-generation chance to steward a true piece of Tahoe history.
Property Details
Price:
$12,500,000
MLS #:
260012096
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Sep 18, 2026
Finished Sq Ft:
5,168
Total Sq Ft:
5,168
Lot Size:
74,052 sqft / 1.70 acres (approx)
Year Built:
1934
See this Listing
Schools
Elementary School:
Kings Beach
Middle School:
Kings Beach
High School:
North Tahoe
Interior
Appliances
None
Bathrooms
5 Full Bathrooms
Fireplaces Total
1
Flooring
Wood
Heating
Baseboard
Interior Features
High Ceilings, In-Law Floorplan
Laundry Features
None
Levels
One
Exterior
Common Walls
No Common Walls
Exterior Features
None
Fencing
Partial
Garage Spaces
1
Lot Features
Adjoins Lake, Level
Other Structures
Boat House
Parking Features
Detached, Garage
Parking Spots
4
Parking Total
4
Patio And Porch Features
Uncovered, Deck
Roof
Shake
Spa Features
None
Stories
1
View
Mountain(s)
Waterfront Features
Beach, Boat Dock, Boat Mooring, Boat Slip, Buoy, Marina, Pier
Window Features
Single Pane Windows
Financial
Taxes
$41,943
Map
Community
- Address9898 Lake Street Kings Beach CA
- CityKings Beach
- CountyPlacer
- Zip Code96143
Market Summary
Current real estate data for Single Family in Kings Beach as of Sep 19, 2026
1
Single Family Listed
1
Avg DOM
2,419
Avg $ / SqFt
$12,500,000
Avg List Price
Property Summary
- 9898 Lake Street Kings Beach CA is a Single Family for sale in Kings Beach, CA, 96143. It is listed for $12,500,000 and features 7 beds, 5 baths, and has approximately 5,168 square feet of living space, and was originally constructed in 1934. The current price per square foot is $2,419. The average price per square foot for Single Family listings in Kings Beach is $2,419. The average listing price for Single Family in Kings Beach is $12,500,000.
Similar Listings Nearby
Courtesy of Tahoe Luxury Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Northern Nevada Regional MLS. All rights reserved. 9898 Lake Street
Kings Beach, CA
