An oceanfront score for Dallas Mavericks owner Mark Cuban

The contemporary-style home is found within Montage, a resort community.

LOS ANGELES —Mark Cuban, the billionaire, television personality and owner of the Dallas Mavericks basketball franchise, has a new vacation spot to spend his off seasons. He’s paid $19 million for a home in Laguna Beach.

The contemporary-style home is found within Montage, a resort community that overlooks the ocean. Built in 2010, the stone-finished house has a gated courtyard entry, high ceilings, mahogany finishes, six bedrooms and 7.75 bathrooms. There are bi-folding walls of glass in the common areas for indoor-outdoor living and entertaining.

A center-island kitchen, two family rooms, an office/den and a formal dining room exist within about 7,900 square feet of interior space. On a lower level, reached by a floating glass staircase, a media room boasts a wall of flat-screen TVs. A wet bar and a glass-enclosed wine cellar complete the space.

Outside, ocean views and lush landscaping create a backdrop for a swimming pool and a fire pit. A built-in barbecue area sits nearby.

The property had been on the market since January with an asking price of $25.995 million.

Cuban, 60, co-founded the internet radio company Broadcast.com, which was sold to Yahoo during the dot-com boom of the 1990s for $5.7 billion in stock. He purchased a majority stake in the Mavericks in 2000. Under Cuban’s ownership, the team won an NBA title in 2011 and is now valued among the top franchises in the league.

He has appeared on the investment reality series “Shark Tank” as a panelist since 2011.

Kristen Wiig of “Saturday Night Live” fame has sold a Silver Lake home she owned in a trust for $5.225 million, or $100,000 over the asking price.

The Midcentury Modern-style house, which dates to 1954, is named the Martin Residence for architect Albert P. Martin.

Set up from the street on a sloping hillside, the two-story house opens with a red front door to a great room. Original sconces, oyster-colored cement floors and a concrete-block fireplace are among character details of the renovated and restored home. Walls of floor-to-ceiling windows bring in views from the front and back.

The 3,515-square-foot floor plan also holds an office, a light-filled kitchen, a den, three bedrooms and three bathrooms. A movie theater, reached by a sliding wood wall, is a new addition. A separate guest space holds a studio and a sauna.

Outside, wrap-around decking surveys the Silver Lake Reservoir. There’s also an infinity-edge swimming pool with a spa.

Wiig, 45, was a fixture on “Saturday Night Live” from 2005 to 2012. Since then, the actress has starred in films including “Skeleton Twins,” “Ghostbusters,” “Masterminds” and “Downsizing.”

Talk to us

More in Life

Also known as Rose of Sharon, hibiscus is a hardy shrub is one of the few that blooms in the late summer. (Nicole Phillips)
Hibiscus will bring a tropical look to your August garden

Also known as Rose of Sharon, the hardy shrub is one of the few that blooms in the late summer.

Dave Dodge stands on a speaker while playing his guitar during Nite Wave’s show at Tony V’s Garage on Saturday, June 8, 2019 in Everett, Wash. (Olivia Vanni / The Herald)
Curtain falls on Tony V’s in Everett — at least for now

The nightspot was hit hard by the coronavirus epidemic. It might reopen when the county hits Phase 4 of the state reopening plan.

Lennon Wiltbank’s art adorns an abandoned, soon-to-be-demolished home and spreads joy in her neighborhood.
For this Bothell artist, ‘happiness is flowers’

Lennon Wiltbank’s art adorns an abandoned, soon-to-be-demolished home and spreads joy in her neighborhood.

Keeping your shower to less than five minutes can save up to 1,000 gallons per month. (Getty Images)
Powering Life: These conservation tips save water and money

The Snohomish County PUD shares 11 ways to reduce your water use and lower your water bills this summer.

In late summer, a profusion of lacey small white flowers top white wood aster’s lax purple-black stems. (Richie Steffen)
Great Plant Pick: Aster divaricatus, white wood aster

In late summer, a profusion of lacey small white flowers top this plant’s the lax purple-black stems.

This is an antique mixing table that is 40 inches high and 36 inches wide. It is used to store liquor, mix drinks and become a serving table in a dining room. It sold for about $3,000. (Cowles Syndicate Inc.)
Antique mixing table had nothing to do with recording music

The furniture was used in a Southern dining room to mix drinks. There were special shelves to store bottles.

The Snohomish County Fruit Society is hosting a webinar on blueberries Sept. 10 via Zoom. (Getty Images)
Home and garden events and resources around Snohomish County

Some events listed here are contingent on whether each jurisdiction is approved… Continue reading

The Capitol Steps bring their political humor to the Edmonds Center for the Arts Oct. 20 and 21. (Capitol Steps)
Theater, dance and comedy shows around Snohomish County

Events listed here are contingent on whether each jurisdiction is approved to… Continue reading

Pink Martini — with vocals by China Forbes — will perform Nov. 12 at the Edmonds Center for the Arts. (Pink Martini)
                                Pink Martini — with vocals by China Forbes — will perform Nov. 12 at the Edmonds Center for the Arts. (Pink Martini)
All about music: Schedule of concerts around Snohomish County

The events listed here are contingent on whether each jurisdiction is approved… Continue reading

Most Read