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.”