This Crystal Bay lakefront estate includes a guest house built directly over Tahoe's waters. Predating the existing main house, Eugene's Crystal Bay Chalet was a lodge and restaurant serving dinner on the water and offering overnight accommodations, through the late 1940s and 1950s. Famed for having hosted Frank Sinatra and Ava Gardner, the guest house became know as "The Honeymoon Cottage". The 4 bedroom & 4 bath main house offers spectacular panoramic views with two decks, spanning the length of the house, and two patio areas to maximize outdoor living. An electric tram connects the main house to the waterfront 2 bedroom & 2.5 bath cottage. Enjoy the privacy of 150 feet of lake frontage. Three large decks on the guest house offer lakeside lounging. With two buoys, breakwater and a deep water pier, steps literally take you in to the water. For those wishing to redevelop this home, the property has 6,300 square feet of impervious coverage. Property is being sold "as-is".