Lake Geneva estate sells for $12.7 million

A Lake Geneva area estate has sold for $12.7 million.

Located at 906 S. Lakeshore Drive in Fontana the 11,817-square-foot Cape Cod style mansion was constructed in 2011 by trusts  in the names of Terrence and Katherine Ryan, who bought the lot for $3.35 million in May 2008, according to real estate news outlet, The Real Deal.

A state real estate transaction document posted on Tuesday lists the Ryans’ trusts as sellers for the home. Terrence Ryan is the founder and CEO of health care technology company, Calcium.

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It was not immediately clear who purchased the home. State records list the purchaser as a limited liability company represented by Lake Geneva real estate attorney, Nicholas Egert.

The six-bedroom, seven-bathroom home, which sits along the shore of Geneva Lake on 1.91 acres and includes a boat house, guest house and sports court, was originally listed for $13.9 million in October.

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