Once upon a time, way back in late 2006, Tommy Hilfiger co-founder Joel Horowitz wanted $100 million for Tranquility, a liberally bedazzled, heavily bespangled, and—well—garishly opulent compound on 210 drop dead heavenly and heavily forested acres near Lake Tahoe in tax-friendly Zephyr Cove, NV.

After a seven year long real estate slog poor Mister Horowitz finally settled, we first heard from the kids at Curbed, for less than half his original asking price: $48 million. The buyer has yet to be identified other than being a generically-named limited liability company.

In addition to its 9 bedrooms and 14 full and five half bathrooms, a short list of the rustic-luxe estate’s many high-cost and higher high-maintenance creature comforts include: a double-height foyer with an exact replica of the main staircase on the RMS Titanic; a super-sized cigar lounge fashioned after the St. Regis Hotel in New York City, a glass-ceilinged and glass mosaic tile-lined indoor swimming pool; a full-court indoor basketball court; a groin vaulted wine cellar; and a state-of-art movie theater wrapped downright Rococo-esque day-core. The extensive grounds, no doubt secured with Fort Knox quality security system, include a private lake with boat pavilion, a barn-sized art studio, two three-hole golf holes, extensive equestrian facilities, a separate guest house, and additional staff quarters.

It’s really—uh—quite a place.

listing photos: Sierra Sotheby’s International Realty