Sierra Rose sinks at Tahoe Keys Marina dock

The multi-million dollar yacht known as Sierra Rose is two-thirds submerged in water at its dock in Tahoe Keys Marina.

The Sierra Rose submerged in water at its dock in Tahoe Keys Marina. Photo/Anne Knowles

The South Lake Tahoe Police Department received a call at 4:01am Monday that the 85-foot luxury boat was sinking, according to an officer with the SLTPD’s two-person unit marine unit who was at the marina in the afternoon to investigate the cause of the accident. The officer said no one was on board at the time and no one was hurt. No information was yet available on why the boat sank.

Mike B. Stewart of Reno, who is listed as a sales contact for the boat on its web site said he was at the marina working with a crane operator and could not talk when reached by phone. Another sales agent listed, Julio César Martinez of San Francisco, said he could not comment since he was unaware the boat had been damaged. Robert Spinnato, general manager at the marina, did not immediately return calls. A call to Lt. Dave Stevenson with SLTPD also was not immediately returned.

The Sierra Rose is a rental yacht, available for $2,000 a night, $12,000 a week or $40,000 for a month, according to its web site. The description says it sleeps a maximum of six in two staterooms each with king-sized beds and private bathrooms, and a crews’ quarter. But it can hold 100 people for a summer event or 40 people in the winter when it’s too cold to utilize the upper deck. It also comes equipped with its own speed boat, an all-mahogany 20-foot Grand-Craft sport model runabout.

— Lake Tahoe News staff report