Former Tommy Hilfiger CEO and co-founder Joel Horowitz has a new plan to sell his gargantuan Lake Tahoe estate, which has been on and off the market for the past six years: He will personally finance the purchase for a qualified buyer.
The financing deals would be worked out once a qualified buyer is found, but it’s a rare offer from a seller, a representative for the realtor said.
The home was initially listed for $100 million; it was relisted with Sierra Sotheby’s International Realty in January with an asking price of $75 million.
The 210-acre estate, called Tranquility, is the largest on the Nevada side of Lake Tahoe. In addition to a 27,000-square-foot mansion, it has an indoor glass mosaic pool, private lake, two par-3 golf holes and an indoor golf simulator, horse stables, a wine cellar, a cinema, and separate guest and staff residences.
The decor is also impressive, from a replica of the staircase on the Titanic to four Rembrandt paintings. Nearly all of the furnishings are included in the sale price.
In addition to a 27,000-square-foot main home, there are guest and staff quarters and a 16-car garage.
The home comes with separate 'his' and 'hers' lounges: 'Hers' has rare Delft tiles imported from Europe and a porcelain mosaic focal wall.
95% of the home's furnishings and antiques are included in the sale price, including an 1879 Steinway grand piano, four Rembrandt paintings, and a wine cellar door from Hearst castle.
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