A Grand Vacation Compound in Rural California Asks $55 Million

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A couple spent over a quarter century building a huge vacation compound in rural California. Now they're selling it for $55 million.

In a remote corner of the Sierra Nevada, a gaming entrepreneur spent over a quarter-century building a grand retreat. Now he is putting the 93.6-acre compound on the market for $55 million.

Robert Luciano, Jr., and his wife, Teresa, purchased the land in Mohawk, Calif., a rural area about an hour north of Lake Tahoe, about 25 years ago with a view toward building a family retreat close to their home in Reno. They built different portions of it over about 15 years, starting with a small carriage house and working up to the...

 

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can't even afford a normal crappy old 1950s home in California

....greed

What a Waste

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