The Chicago Bulls All-Star Zach LaVine, who started his NBA career with the Minnesota Timberwolves, is said to be the unidentified buyer who just spent $34 million for a house in Newport Coast, one of Orange County’s most elite neighborhoods. The Orange County Register reported last month that LaVine might now be in possession of the lavish home, the most costly mansion ever sold in the gated neighborhood of Pelican Crest, where Vanessa Bryant and Hot Pockets creator Paul Merage also live.
When the pricey property was first posted in March, suitable buyers apparently flocked to it despite the dip in the real estate market. In the first two weeks of being on the market, the house had multiple showings and three bids, according to the listed agency. After that escrow collapsed, the sellers went to LaVine’s backup offer of $34 million, which was closer to their asking price of $40 million.
It comes as no surprise that LaVine is searching for a large new residence. In fact, the $215 million man recently sold his first Newport Coast property, a similar-looking but lesser estate in the nearby community of Crystal Cove. Additionally, the 28-year-old Seattle native recently listed his suburban Washington state residence for sale.
The 2010 residence at Pelican Crest, described as “timeless” and “irreplaceable” in its listing, was constructed in 2010. Two years ago, the Tuscan-style mansion was purchased for $14.7 million by the married couple Rob and Ami Douk, who subsequently renovated it meticulously. The property is situated behind gates at the end of a cul-de-sac on a 0.79-acre lot, which is large for the area.
In their new O.C. palace, LaVine and his spouse Hunter are reportedly going to have access to almost every residential amenity imaginable, including a gourmet kitchen with two marble-topped islands, a state-of-the-art gym, an infrared sauna, a wine cellar, a games room, a golf simulator, and a master suite walk-in closet with a “Yves Saint Laurent-themed.” The interior rooms are luxuriously proportioned and abundantly lit by natural light, as expected from the foldable glass doors.
The property’s finest feature, however, is its pie-shaped lot, which offers expansive, southwest-facing Pacific Ocean views and unobstructed sunrise and sunset vistas. In addition to the $34 million purchase price, LaVine will be responsible for $843 per month in HOA fees.
