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Palatial homes and mountain-style architecture are common along Lake Tahoe’s shoreline. Equestrian properties with large land tracts are not. A 378-foot stretch of sandy beach and pier with boat hoist, 13-acre irrigated meadow for horses and a 16,700 square-foot main house bring the Sierra Sunset property up to $59 million.

Located in Zephyr Cove, Sierra Sunset sits on 31 acres nestled against the eastern shore of Lake Tahoe. Owned by telecom executive George Schmitt and wife Clare Schmitt, the property has been a proven haven for prized racehorses. The barn houses 15 heated stalls, an office, grooming area and an adjacent 1,300 square-foot caretaker’s quarters.

The main residence boasts commercial grade construction completed by Q&D builders in 2004, with more than 400 tons of Montana stone on the exterior. It features eight bedrooms, most with fireplaces and lakeside terraces, a grand foyer, a great room, a gourmet kitchen with butler’s pantry, a formal dining room, a wine room with seating, a craft room, a game room, home theater, rear staircase and four-car heated garage. A two-bedroom guest home with lower garage is set just outside the main house gates.

The property’s meadow is recognizable to those who followed the hit series Bonanza, NBC’s longest running Western that was filmed along Tahoe’s shores and aired between 1959-1973. The opening scene was filmed in the meadow at this property, with views of Lake Tahoe in the background.

"The quality and detail of this spectacular custom home sets it apart from other lakefront estates," co-listing agent Lexi Cerretti, of Sotheby’s International Realty, said in a news release. "Rarely do we find recent construction of this scale, combined with coveted lake front amenities of a long sandy beach and pier.”

The Schmitts raised thoroughbreds on the property. Their prize-winning horses include Sierra Sweetie (2-year-old Filly of the Year in California), Cinderella Liberty (2-year-old Filly of the Year in Washington), and the namesake Sierra Sunset, a leading Sophomore Sire in the California and Kentucky Derby qualifiers.

According to the current owners, the estate’s buyer will be provided with the opportunity to submit a name to be considered for the next yearling raised on the property that is in line to become a bona fide racehorse, within reason of Jockey Club approval.

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