Lake Tahoe's Oldest Lakefront Settlement Up for Sale

Lake Tahoe's oldest settlement has hit the market with a $98 million-price tag. Shakespeare Ranch has 17 guest homes, including 25 bedrooms, 25 bathrooms and 13 kitchens. 

The lakefront compound also includes an indoor pool, horse stables, greenhouse, a root cellar converted to an underground wine-tasting and tap room and a 397-foot pier with private lift for a 40-foot boat. 

The annual Glenbrook Rodeo is hosted at the ranch – and benefits the Keep Memory Alive Foundation. Past headliners have included Jay Leno, Lionel Richie, Kenny Loggins, the band America and the late Robin Williams.

The ranch was named after a rock monolith on the property known as Shakespeare Rock, which some visitors also say resembles the playwright. 

The owners have listed the property in order to be closer to their children who now live on the east coast. It's only the second time since 1861 the property has been listed for sale. 

For more information, go to tahoelegacy.comÂ