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9898 N Lake St, Kings Beach, CA, 96143

7beds
5baths
5,168sqft
$13,500,000
$2,612price/sqft
$85,577/moest. monthly cost
$3,423,080/yrincome needed

About This Home

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.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
16
BikeSomewhat Bikeable

Schools

9/10
7/10
North Tahoe SchoolGrades 6-86.3 mi
9/10
North Tahoe High SchoolGrades 9-126.3 mi

Construction

Condition

  • Property condition: Used,Fixer
  • Year built: 1934

Materials

  • Roof: Shake/Shingle
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Old Tahoe
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • High Ceilings,Great Room
  • Flooring: Wood
  • Fireplace features: Fireplace: Living Room
  • Fireplace: Yes

Interior Area

  • Total structure area: 5,168
  • Total interior livable area: 5,168 sqft

Property

Details

  • Parcel number: 090321006
  • Special condition: Standard

Features

  • Levels: Two
  • Has view: Yes
  • View description: Lake,Panoramic-Lake,Panoramic
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Beach Front,Pier,Pier/Permitted
  • Topography of land: Level,Downslope,Gently Rolling

Lot

  • Lot size: 1.70 Acres

Parking

  • Total spaces: 1
  • Parking features: One,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Avalanche
    AvalancheRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Avalanche
Earthquake
Inland Flooding
Lightning
Wildfire
Winter Weather

FEMA Declared Disasters in Placer County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $68,263$819,156
Home Insurance *$3,981$47,772
Property Taxes $12,225$146,700
Electricity $1,108$13,298
Total$85,577$1,026,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,934,068/yr
40% on housing$2,567,310/yr
45% on housing$2,282,053/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,612This listing

vs Other Active Listings

Avg $/sqft

ZIP 96143$853
Placer County$399

vs Homes Sold Last Month

Median $/sqft

ZIP 96143$660
Placer County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-15Listed for sale$13,500,000
2026-06-04Contingent$13,500,000
2026-06-04Pending sale$13,500,000
2026-05-22Listed for sale$13,500,000
2013-10-04Listing removed$6,250,000
2013-07-25Pending sale$6,250,000
2013-07-07Listed for sale$6,250,000
2013-02-08Listing removed$6,250,000
2012-02-14Price change$6,250,000
2011-07-27Listed for sale$6,950,000
2010-10-30Listing removed$7,950,000
2010-05-01Price change$7,950,000
2009-09-28Listed for sale$8,250,000

For Sale by Agent

AgentWilliam Dietz
BrokerageTahoe Luxury Properties

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