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.

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