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Lakefront Mansion Price Cut by $25 Million – Yahoo! Real Estate

Posted by on June 17, 2011

Knock 25 percent off the listing price of a $100 million home, and you’ve just saved a
prospective buyer a cool $25 million — a sum that’s bound to pique the interest of even the
fabulously rich.

That’s the thinking behind the new asking price for Tranquility, a nine-bedroom, 38,000-
square-foot estate in Lake Tahoe, Nev. that originally went on the market in 2006 for $100
million. The mansion anchors a 210-acre property.

Tommy Hilfiger Corp. co-found…(Read more)

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