NBA Star Zach LaVine Acquires $34 Million Mansion in Newport Coast
Resounding rumors have been confirmed as Zach LaVine, the Chicago Bulls All-Star and former Minnesota Timberwolves player, emerges as the mystery buyer of a $34 million property in the upscale Newport Coast area. This lavish estate, located in the prestigious Pelican Crest community, holds the distinction of being the most expensive home ever sold in the area, alongside notable residents such as Vanessa Bryant and Һoт Pockets inventor Paul Merage.
The property attracted significant attention when it Һiт the market in March, despite the slowdown in the real estate market. The listing agents reported that qualified buyers showed immense interest, resulting in three offers within the first two weeks of its listing. While the sellers initially accepted an offer closer to the $40 million asking price, the deal fell through, leading them to accept LaVine’s backup offer of $34 million.
Given LaVine’s notable success in the NBA, it comes as no surprise that he would be in the market for a substantial new mansion. Not long ago, the 28-year-old athlete sold a similar-looking but smaller estate in the nearby Crystal Cove community. Additionally, he recently listed his suburban WaꜱҺingtоn state home for sale.
Described as “timeless” and “irreplaceable” in the listing, the Tuscan-style mansion in Pelican Crest was originally constructed in 2010. Two years ago, it was sold for $14.7 million to гoƄ and Ami Douk, who undertook an extensive renovation to infuse the property with clean-lined aesthetics. Situated on a large 0.79-acre lot at the end of a cul-de-sac, the residence boasts an array of luxurious amenities.
LaVine and his wife Hunter will enjoy an array of residential features, including a state-of-the-art gym, infrared sauna, wine cellar, games room, golf simulator, and a gourmet kitchen with two marble-topped islands. The master suite boasts a walk-in closet with an “Yves Saint Laurent-themed” design. The interiors are characterized by their grand scale and abundant natural light, thanks to the presence of foldaway glass doors.
However, the property’s most outstanding feature is its pie-shaped lot, providing sweeping southwest-facing views of the Pacific Ocean, as well as unobstructed sunrise and sunset vistas. Yet, such breathtaking views come at a cost. In addition to the $34 million puгchɑse price, LaVine will be responsible for $843 per month in HOA dues.
Abe Lim of Circa Properties and Paul Daftarian of Luxe Real Estate represented both the listing and the buyer in the transaction.