Alva Review-Courier -

AP Exchange: 'Bonanza' ranch at Tahoe sold for record $38M

 

August 30, 2020



RENO, Nev. (AP) — In early August, history, classic television and a whole lot of beach mingled to create a milestone in Lake Tahoe real estate.

That's when a 31-acre (12.5-hectare) estate in Zephyr Cove on the lake's east shore — once part of the vast holdings of the Bourne family —sold for $38 million.

On "Bonanza," the long-running TV Western, the Cartwrights galloped across the property on horseback in the opening credits. Unseen in those credits: a private sandy beach stretching nearly 400 feet (121 meters).

The deal for neighboring lots on Sierra Sunset, sold as a single proper...



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