$19,650,000

Includes two parcels - 9800 & 9820 Brockway Springs Drive! Indulge in the unparalleled luxury and seclusion of Porcupine Point, a rare gem nestled on the former "old Brockway" hotel site. This private enclave, shielded by two gated entries, unveils 3.48 acres, boasting 546 feet of water frontage, along with the coveted inclusion of 2 buoys and use of Brockway Vista HOA pier, pool and tennis courts. The development potential of this property is limitless, presenting a once-in-a-lifetime opportunity for visionary investors. 9800 Brockway Springs encompasses 3 structures: a 5 bedroom, 5 bath 4,969 square foot main house, a 2 bedroom, 2 bath lake cottage, and a caretaker's cottage. Its 385 feet of lake frontage includes a pier, boat lift, and sun deck, along with multiple outdoor areas. Built in 1949, the main house has the ideal layout for families, with two primary suites on the ground floor, 3 additional lake view bedrooms upstairs, and a gorgeous main living room with multiple sets of French doors leading out to the lakefront patio. 9820 Brockway Springs Drive features a 4 bedroom, 3 bath, 1,870 square foot home built in 1986, currently serving as the perfect annex home for guests with its multiple outdoor areas and quiet setting. The grounds are gorgeous, spanning over 2.33 acres with 161 feet of lake frontage. Stretching from the east shore to the west shore, Porcupine Point offers sweeping, unobstructed views that bathe the landscape in all-day sunlight, accentuating the natural beauty of giant granite boulders and creating an ambiance of tranquility that is simply unparalleled in the California lakefront market. This is a property where the possibilities are as vast as the horizon, promising an exceptional canvas for realizing your most ambitious development dreams. This legacy property stands as a testament to the uncompromising standards of luxury and exclusivity, setting a new benchmark for lakefront estates. With its remarkable privacy, expansive acreage, and breathtaking vistas, Porcupine Point is a world of its own—a sanctuary that redefines the essence of lakefront living and presents an unparalleled investment opportunity for those seeking a truly unique and prestigious property. Two adjacent lots are also available to purchase, for a rare opportunity to own 5.31 acres with 818’ of waterfrontage on Lake Tahoe. Please reach out with any additional questions.