Despite slow sales volume at the high end in lake Tahoe this year, a property at 951 Lakeshore just closed on Monday for $8.4M. This is a 0.6 acre level property with 100 feet of sandy lake frontage and a private pier with boat house. A bit of a location negative as it is contiguous to Incline/Ski Beach - so it is busy next door. The house was nothing special – a single story, 80’s era 4252 sq ft ranch style house. Started on market in June 2010 for $11.9M. Reduced down to $9.25 before going into contract.