Lake Tahoe Estate Sells for Record $125 Million to SpaceX Backer

A Lake Tahoe estate sold for $125 million to an entity linked to SpaceX board member and early investor Steve Jurvetson, setting a record for the wealthy Nevada hamlet of Incline Village.

A limited-liability company linked to Jurvetson bought the lakefront estate — and its adjoining $7 million parcel — in a off-market deal that closed earlier this week, from a company with ties to investor Gene Pretti, property records and LLC filings show.