Real Estate News

Sacramento Kings co-owner lists Lake Tahoe estate at $35 million

The interior of a home listed in Lake Tahoe by Trinkie Watson of Chase International.
The interior of a home listed in Lake Tahoe by Trinkie Watson of Chase International.

Mark Mastrov, a Sacramento Kings co-owner and founder of 24-Hour Fitness, is selling his waterfront Lake Tahoe home for $35 million.

The 13,686-square-foot, secluded home has five beds, six baths and enough amenities to keep an owner fit. There are two gyms, a three-hole golf course with practice green and room to build a basketball court - whether you’re an NBA team owner or not. The house sits on 13.6 acres with a swimming pool and spa, boathouse, pier, sand beach, waterfalls, trout ponds, guest house and caretaker’s home.

READ: TechEdge features 24-Hour Fitness founder and Kings co-owner Mastrov

“The whole house is really beautiful, the setting, the landscape,” said Trinkie Watson of Chase International, the listing agent who just added the property to the MLS real estate listing on Thursday.

Other features of the home are a lakefront living room, 35-foot-high ceiling and four fireplaces, including one that is floor to ceiling. The home is located in Glenbrook, Nev.

Mastrov sold his fitness chain in a deal reported by the Wall Street Journal to be worth $1.6 billion in 2005. He purchased the Tahoe home for about $25 million 10 years ago, Watson said. In 2013, he became minority owner of the Kings.

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