Lake Tahoe’s real estate record didn’t just get broken — it got demolished.
A lakefront estate in Incline Village traded hands for $125 million, according to Bloomberg, more than doubling the previous area record of $62 million. The deal, which included a neighboring parcel worth roughly $7 million, closed earlier this week in a private off-market transaction.
Bloomberg identified the buyer through LLC filings as an entity connected to Steve Jurvetson, a prominent Silicon Valley venture capitalist known for early investments in Tesla and a seat on SpaceX’s board. The seller was linked to investor Gene Pretti…