Property sales: Hotel 49 room(s): Nevada Glenbrook United States for sale

1949 Glenbrook Road 89413 Glenbrook, United States

Advertised price

88 935 098 EUR

ESTIMATED AT monthly
Property sales

1949 Glenbrook Road, Glenbrook, NV 89413, USA 89413 Glenbrook

Agency reference : 2200072
Hornwell reference : RES-1703000029330
Property Type : Hotel
Number of rooms : 49
Number of rooms : 25
Number of bathrooms : 29
Year of construction : 0
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Location

#, street, path... : 1949 Glenbrook Road
Residence, building, post box :
District :
Arrondissement :
Postal code : 89413
City : Glenbrook
County / Department : Douglas County
State / Region : Nevada
Country : United States
SHAKESPEARE RANCH
Never before has such a grand combination of iconic ranch, lakefront and forestland been offered for sale at once in Lake Tahoe’s rich history. This Landmark Tahoe lakefront Ranch has traded hands only twice since 1861. No other land holding on the shores of Lake Tahoe can imitate the image of the historic Shakespeare Ranch. The property encompasses fields and streams, forest and mountains, sandy beaches and crystal waters. Shakespeare boasts some of Lake Tahoe’s most accessible, yet unspoiled shoreline with hidden coves and boulder bays alongside well-provisioned harbors, all waiting to be explored. Mark Twain best describes the four season splendor found here as, "The fairest picture the whole earth affords."
Named for the protected meadow (glen) and year-round stream that flows through it (brook), the original settlement was founded in 1860. During the late 1800’s Glenbrook was home to the largest and most productive lumber operation in the Tahoe Basin. When the mining rush in the Comstock ended around the turn of the century, the lumber and mill town gradually transitioned into a summer resort community. With just a few small inns in the meadow and at the shore of Glenbrook Bay, the first visitors to the area arrived by stagecoach and by steamer from the West Shore. In 1906, the Bliss family assembled the Glenbrook Inn which included buildings from the original Jellerson Hotel and Lakeshore House. By the early 1900’s the once busy lumber operations had all but disappeared and Glenbrook had become the bucolic site of the Glenbrook Inn and Ranch. With railroad service from Truckee to Tahoe City and steamer service across the lake to Glenbrook, the Inn became the fashionable summer resort of affluent vacationers from around the country. The tradition continues today as generations gather by the beach with pier and cabanas, riding to the clubhouse by golf cart for lunch, tennis, or a round of golf. Just minutes from California by boat, harboring Nevada tax benefits.
The current owner of the Ranch began his love affair with Tahoe as a youngster during family summer vacations at the lake. Buying their first property in Glenbrook over 30 years ago, the family gradually acquired parcels around the original Glenbrook Inn and Ranch that compromise this idyllic compound. The name is derived from the towering rocky outcrop, Shakespeare Rock, where early settlers claimed they could see the cameo profile of the “Old Bard”. Over the past 25 years, they have relocated and restored many of the historic structures and buildings and have worked with architect Marc Appleton in designing and new construction, taking great care to maintain the historic integrity of the original Ranch.
“It’s just a great little town,” Appleton describes the community of Glenbrook. “It’s all white clapboard houses with picket fences. Glenbrook has East Coast roots, and the buildings were all somewhat inspired by New England.”
Property highlights of this 133-acre assemblage include over 400 feet of Lake Tahoe’s most desirable shoreline, a 397-foot shared pier with boatlift, five boat buoys, and nearly 40,000 square feet of improvements. There are 17 guest homes and cabins featuring 25 bedrooms centered around a courtyard with gazebo, and plans for a new approximately 9,500-square-foot home. There is a grand indoor pool with fireside dining and outdoor spa, a daylight wine tasting cellar, an office suite and gym, an art room, a catering area, and event bathrooms. The ranch would not be complete without its horse stables with paddocks, a green house, vegetable gardens, animal enclosures, and rodeo grounds with pens and bleachers, all flanked by the iconic Shakespeare Rock included in the estate, a backdrop for this awe inspiring hamlet.
The owners have been faithful stewards of this precious land holding and have helped to revive many of the old traditions such as the Rodeos that date as far back as the 1940's and horse drawn stagecoach rides, and have added wonderful new traditions for the community to enjoy. “The history of the area is what’s so interesting,” adds Camille Ruvo. “To know about the rodeos and the other things that happened on the ranch for many, many years- and then it just sat there quiet. To continue on with some of those traditions became a goal for us.”
The annual "Glenbrook Rodeo" held on the Ranch is a tradition dating back to the 1940's. The popular event was revived by the current owners in 2000, featuring bull and bronco riding, ribbon roping and barrel racing. In addition to the rodeo, there are carnival games and a silent auction followed by an extraordinary dinner prepared by restaurateur Emeril Lagasse. Past headliners including Robin Williams, Jay Leno, Lionel Richie, Kenny "Babyface" Edmonds, Kenny Loggins and the band America have performed in the 5,000-square-foot entertainment barn. Built in 1873, the barn has been restored with a chef's kitchen and glass wine room. “They don’t make barns like this in Texas,” President Bush told the owners when he visited the Ranch one summer.
Offering a preeminent, year-round lifestyle combined with Nevada tax benefits, Shakespeare Ranch is just four hours from San Francisco Bay Area and Silicon Valley, and under an hour by air. "This significant landholding on the shores of Lake Tahoe can never be replicated," states Claudia Thompson, long time Glenbrook resident and co-listing agent. "Shakespeare Ranch is truly a place to set down roots and to leave a legacy." More details about this historic landmark are available at TahoeLegacy.com.
Sierra Sotheby's International Realty® local brokerage offices enable sellers and buyers to find representatives experienced in offering exceptional homes in Lake Tahoe. The Sotheby’s International Realty network currently has more than 15,000 independent sales associates located in approximately 720 offices in 52 countries and territories worldwide. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.
For more information, visit www.sierrasothebysrealty.com, search #SierraSIR on Twitter, follow us on Facebook, or call one of our offices: (Squaw Valley) 530-581-1800; (Incline Village) 775-832-4900; (Zephyr Cove) 775-588-7710, (South Lake Tahoe) 530-494-7600; (Tahoe Donner) 530-587-3505. Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.

Characteristics

STATUS

Traditional
Old
Top of the line
Contemporary
Historical
To renovate
Atypical
Condo
Seizure
Auction
Life Sale
Exclusiveness
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VOCATION / USE

Residential
Professional
Placement / Investment
Heritage / Culture
Agriculture
Viticulture
Équestre
Élevage
Touristic
Holidays / Resort
Golf
Ski
Hunting
Peach
Nautical sports
Aeronautical sports
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ENVIRONMENT

City
Town
Campaign
Mountain
Wood / Forest
Desert
Island
Tropical
In a dominant position
With panoramic view
At the water's edge
Lake / Pond / River
Residential district
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CONVENIENCES

Disabled accessible
Suitable for events
Hotel services
Guided access
Not overlooked
Elevator
Intercom / Videophone
Home automation
Ecological / Bioclimatic
Security System / Alarm
Automatic extinguishing system
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FACILITIES

Landscaped garden
Balcony
Terrace
Roof terrace
Pool
Indoor swimming pool
Heated pool
Indoor and heated pool
Pool house
Indoor pool
Indoor heated pool
Spa / Jacuzzi
Sauna / Hammam
Veranda
Patio
Reversible climate control
Fireplace / Wood stove
Wine cellar / Cellar
Library
Home cinema
Bowling Alley
Sports Hall
Basketball court
Golf field
Tennis court
Summer kitchen / Barbecue
Infrastructure(s) for horses
Stable(s)
Barn / Hangar
Wharf / Pontoon / Berth
Vineyard
Secure residential complex
House of friends
Staff quarters
Helipad
Private landing strip
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Mortgage

In 30 years you will pay 112 273 586 EUR
Total principal payments : 71 148 078 EUR
Total interest payments : 41 125 507 EUR
Based on a payment estimate of 311 871 EUR monthly

Amortization table

Month Year Deadline Main Interest Remains to be paid Paid
05 2024 1 115 799 € 196 072 € 71 032 280 € 311 871 €
06 2024 2 116 118 € 195 753 € 70 916 162 € 623 742 €
07 2024 3 116 438 € 195 433 € 70 799 724 € 935 613 €
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