Wade and his wife, Gabrielle Union, are active in real estate. They sold their Sherman Oaks mansion for $5.5 mιllιon  in May after buying a 17,000-square-foot showplace in Hidden Hills for $17.9 mιllιon last year.

The $22-mιllιon deal is less than the $32.5 mιllιon he was asking for the beachfront home, but it’s more than double the $10.645 mιllιon he paid in 2010. The three-time NBA champion transformed the property into a 12,000-square-foot mansion with a wine cellar, movie theater, pool, cabana, and private dock.

The Mediterranean-style two-story villa features a long, covered entryway and lush courtyard and rustic interiors with vaulted ceilings and wooden floors. Both levels have bay-facing windows.