{
  "id": 12808762,
  "title": "Nevada’s 700-acre Shakespeare Ranch cuts asking price from $188m to $125m",
  "url": "https://urgent.news/2026/10/08/nevadas-700-acre-shakespeare-ranch-cuts-asking-price-from-188m-to-125m",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-08T06:35:38.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/real-estate/news/the-legendary-shakespeare-ranch-in-nevada-first-listed-for-188-million-in-2024-is-now-asking-125-million-the-700-acre-property-has-a-465-foot-private-pier-multiple-homes-and-a-barn-built-in-1873/articleshow/134781230.cms"
  },
  "original_language": "en",
  "account": "Nevada's Shakespeare Ranch, a historic 700-acre estate on the eastern shore of Lake Tahoe, has significantly reduced its asking price, dropping from $188 million to $125 million. The property, located in the exclusive community of Glenbrook, includes lakefront homes, guest cottages, horse corrals, and a 465-foot private pier extending into a sheltered bay. A notable feature is the 1873 barn, which serves as one of the property's most distinctive elements.\n\nThe ranch has long been a destination for celebrities and US presidents, with former President George Bush visiting and commenting on the exceptional quality of its barn. Despite its rich history and luxurious amenities, the estate has struggled to find a buyer. This setback is surprising, given that luxury properties along Lake Tahoe's Nevada shoreline have been selling rapidly in recent years. In fact, Shakespeare Ranch remains the most expensive property listed in the Lake Tahoe area after the price reduction.\n\nThe property's unique combination of large waterfront estate and historically significant buildings sets it apart from conventional luxury homes. It features multiple residences spread across the ranch, with several overlooking Lake Tahoe, surrounded by a courtyard of cottages and guest houses. Horses graze in corrals near a meadow, and the estate has direct access to the lake via its private pier.\n\nThe reduced price still positions the ranch as one of the more expensive properties currently listed around Lake Tahoe. Tax considerations have played a significant role in attracting wealthy buyers to the Nevada side of the lake, as California considers implementing a proposed wealth tax. Nevada's comparatively favorable tax laws have made it an attractive option for those seeking to manage their long-term financial arrangements. This trend has led to increased interest in selling family-owned waterfront properties across the region.",
  "summary": "Nevada’s historic Shakespeare Ranch, first listed for $188 million in 2024, is now asking $125 million after failing to find a buyer. The 700-acre Lake Tahoe estate features multiple homes, a 465-foot private pier and a barn built in 1873. Despite strong demand for luxury waterfront properties in the region, the ranch remains unsold.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}