A lakeside residence recently went up for sale for more than one pretty penny. If it fetches its asking price, it would make it the most expensive property sold in Lake Tahoe.

Jerry White, president of the Lakeside Village board of directors, pauses to scan the property of an abandoned lot and trailer home during a tour May 6 of Lakeside Village near Perry Lake.

“Every single room in the house,” she says, “was designed to have a view of the lake.” What sets it apart from many lakeside residences is its pier-free view. The estate’s pier is ...