Blockchains founder Jeffrey Berns is the seller. One of the most expensive homes on Lake Tahoe, the home features 150 feet of lake frontage, an elevator and a shared deep-water dock.
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A house on Lake Tahoe has become one of the most expensive homes ever sold along this turquoise oasis, selling for $47.5 million.
The Nevada property was listed in June for $50 million; the seller was Jeffrey Berns, founder of the technology company Blockchains. wall street journal reported.
Clif Chase of Chase International Luxury Real Estate represented the listing. The buyer has not yet been identified.
The 1.4-acre property has approximately 150 feet of lakefront and a number of lake amenities, including a lift, buoys and a shared deep-water dock, according to the listing description. Chase said these key features could cause the home to stay on the market longer.
The four-bedroom house, which spans about 12,000 square feet, was renovated shortly after Burns and his then-wife Mary Berns purchased it in 2021 for $47.5 million. Renovated.
“We redid everything,” Burns told wall street journal. “We replaced all the fixtures, all the furniture, and we got divorced. So it’s a turnkey property.
Burns owns another property on the lake and a primary residence in Spring Valley, Nevada, about two miles from Las Vegas.
The tech entrepreneur founded Blockchains in 2014 and became the owner of Las Vegas-based GenuBank about five years ago. GenuBank was formerly known as Kirkwood Bank of Nevada.
Sales in this price range are not common on the lake, so this is a noteworthy deal. A home on Lake Tahoe sold for $48 million in 2013, according to Chase. It was also sold for $50 million that year.
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