Luxury yacht at Lake Tahoe sells for $3.2 million

RENO, Nev. (AP) - An unidentified Nevadan outbid more than 40 other potential investors last week for a world-class luxury yacht at Lake Tahoe.

The Sierra Rose sold for $3.2 million.

The Alabama-based J.P. King Auction Company confirmed the purchase of the hand-crafted boat modeled after streamlined vessels
dating to the 1930s.

The tri-level yacht currently docked at Tahoe Keys Marina in South Lake Tahoe, Calif., features three bedrooms, 3.5 baths, a gourmet galley and a helicopter pad.

Participants in Thursday night's auction came from eight different states and 12 countries, including Belgium, Australia, Turkey, Lebanon, Hungry, South Africa and Turks and Caicos.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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