Real Estate News

This Lake Tahoe estate where ‘Bonanza’ was filmed just sold for $38 million

A Lake Tahoe waterfront estate at Zephyr Cove where the western television series “Bonanza” was filmed has sold for $38 million, according to the Los Angeles Times.

The property on the east shore, at 550 Sierra Sunset Lane, was one of highest-priced residential listings in Lake Tahoe at nearly $47 million, the Sacramento Bee reported in May.

The Nevada estate not only featured a 16,700-square-foot main house on 24 wooded acres in the Tahoe National Forest, but it came with a slice of Hollywood history, too. The property regularly served as the backdrop for the longest-running NBC Western television series, “Bonanza,” filmed in part along the Tahoe shores from 1959–1973.

Built in 2004, the eight-bedroom mansion features stunning lake and mountain views from nearly every room, nine fireplaces, oversized mahogany doors and in-floor hydronic heat under stone and hardwood floors.

The home offers a 378-foot sandy beach, with a private pier and buoy.

Settled on Marla Bay, the home’s exterior contains 400 tons of Montana stone. Inside, the amenities include two living rooms, a home theatre, game room with full bar, gourmet eat-in kitchen, formal dining room, wine room with seating for tastings, two offices, a home gym with full bath and sauna, crafts room, two laundry rooms and a master suite on the main level.

On the second story, each bedroom features an en suite bath and fireplace. There’s a two-bedroom guest house with full kitchen next to the main house.

An adjacent equestrian parcel had been available for $6.995 million, separately.

The sellers, George and Clare Schmitt, are avid thoroughbred breeders who raised award-winning horses on the property, including California and Kentucky Derby qualifiers, according to a Sotheby’s International Realty press release.

Lexi Cerretti of Sierra Sotheby’s International Realty held the listing, while Jean Merkelbach of Engel & Völkers represented the buyer.

There were 431 episodes of “Bonanza” during its 1959 to 1973 run. It’s NBC’s longest-running western show.

This story was originally published August 24, 2020 at 12:40 PM.

David Caraccio
The Sacramento Bee
David Caraccio is a video producer for The Sacramento Bee who was born and raised in Sacramento. He is a graduate of San Diego State University and a longtime journalist who has worked for newspapers as a reporter, editor, page designer and digital content producer.
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