Tahoe mega yacht fetches $3.2 million
August 18, 2008
SOUTH LAKE TAHOE Dont call it a houseboat; its a Tahoe yacht the Sierra Rose. And it sold for $3.25 million at auction last week to a Nevada bidder.J. P. King Auction Company, an Alabama-based outfit that specializes in luxury properties, made the announcement this weekend. More than 40 investors made bids. The auction took place on the vessel with 45 plus in attendance, according to Craig King, president and CEO of J.P. King Auction Company. In addition to Nevada, the auction received inquiries from eight other states that included California, Florida, Arizona, Texas, Utah, Minnesota, Indiana and North Carolina along with 12 countries, France, Germany, Canada, Belgium, Netherlands, Australia, Turkey, Lebanon, Hungary, South Africa, Turks and Caicos and Mediterranean Seychelles. The winning bidder was from Nevada.Sierra Rose is described as a motor yacht, not a houseboat. Its presently docked at Tahoe Keys Marina in South Lake Tahoe. Living on a boat on Tahoe isn’t allowed because of wastewater concerns, but the boat itself doesn’t break any rules, according to the Tahoe Regional Planning Agency. The yacht features a tri-level 3 bedroom, 3.5 bath and lavish amenities throughout that includes a gourmet galley, helicopter pad with hydraulic, motorized handrails, L.E.D. deck lights and a 20-foot Grand-Craft sport boat.On the main level of the tri-level are two staterooms and private bathrooms. Each bathroom provides access to an outdoor Jacuzzi tub. The bow suite windows offer wide scenic views out to the sun deck while the second suite adjoins a private terrace. The crew quarters are situated in the main level with a private bathroom.The second level is where the galley is located and includes the dining space and salon. The space is ideal for entertaining both casually and formally. The pilothouse is located on the third level and is accessible by the interior spiral staircase or exterior stairs. When it was built, the boat raised eyebrows from people who believed that the vessel was a houseboat, violating Tahoe Regional Planning Agency rules.