Nevada's 700-acre Shakespeare Ranch, listed for $188 million in 2024, now asks $125 million

The ranch has attracted celebrities and even US presidents over the years, particularly through its annual rodeo. One of Lake Tahoe's most expensive properties is back in focus after a major reduction in its asking price. Shakespeare Ranch, a historic 700-acre estate on the Nevada side of the lake, was listed for $188 million in 2024, SF Gate reported. Two years later, the property is being offered for $125 million, a reduction of $63 million, as its owners continue to look for a buyer.Located in Glenbrook, an exclusive community on Lake Tahoe's eastern shore, the ranch includes several lakefront homes, guest cottages, horse corrals and a private pier extending 465 feet into a sheltered bay. It also has a barn built in 1873, which remains one of the property's most distinctive features.According to a report, the ranch has attracted celebrities and even US presidents over the years, particularly through its annual rodeo. Former President George Bush reportedly visited the property and remarked, "They don't make barns like this in Texas."Despite its history, location and facilities, the estate has yet to find a buyer. This is particularly notable because luxury homes along Lake Tahoe...