Billionaire Mark Cuban’s recent purchase of a seaside mansion in Laguna Beach, CA, checks all the boxes.
The Dallas Mavericks owner scored the estate for well under its asking price too.
Located in one of Orange County’s most prestigious enclaves, the mansion initially went on the market in January 2018 for $26 million.
Cuban bought the villa as a vacation home, according to Villa Real Estate. John Stanaland, who sold the house to Cuban last week, said it was the highest sale in Laguna Beach’s exclusive Montage Residences community in 2018.
Cuban will have access to Montage’s hotel amenities, including a concierge, room service, housekeeping, and a spa.
Take a look inside the ultramodern and luxurious 3 Montage Way, Cuban’s new vacation spot.
Check out the pics below:
Description via the Listing:
Tucked into the coveted front row of Montage Residences, this contemporary home seamlessly interfaces interior and exterior spaces for a luxurious seaside living experience. Mahogany and glass doors disappear into the walls, merging indoor areas to the Catalina Island and ocean view lanai. High ceilings complete the airy ambience perfect for enjoying the golden hues of each Pacific sunset. No feature or amenity has been forgotten. Electronic systems for lighting, environment, and audio visual are integrated for convenient monitoring. Owners enjoy access to all Montage amenities: Spa Montage, Mosaic Pool, dining at the Loft and Studio. Personal services such as concierge, housekeeping and engineering support are also available. Truly a unique and tranquil opportunity.
Cuban founded Broadcast.com, which made him a billionaire when it was acquired in 1999 by Yahoo! for $5.7 billion.
Cubes has invested in companies such as Landmark Theaters and Magnolia Pictures, in addition to the Dallas Mavericks.
He’s also busy funding new ventures he learns about on the popular entrepreneurial reality show “Shark Tank.”
What a life.