Maria Sharapova’s serene Manhattan Beach retreat has found a new owner in one of the NBA’s brightest stars. Luka Dončić has snapped up the five-time Grand Slam champion’s custom-built contemporary residence in an off-market deal valued at $25 million—setting a new record as the priciest home sale in the coastal city’s history.
Sharapova, who originally acquired the lot in 2012 for $4.1 million, tapped KAA Design to create the 8,600-square-foot showpiece, dubbed the Sanctuary, blending Japanese and Scandinavian influences with breezy California modernism. Think concrete walls, black metal framing around the windows, and expansive walls of glass that dissolve the barrier between indoors and outside. (The L.A.-based firm is also behind Drake’s Beverly Hills estate, one of three trophy estates in the Canadian rapper’s $97 million real estate portfolio.)
Completed in 2015, the five-bedroom, eight-bath abode sits on about a quarter-acre in the coveted Hill Section of Manhattan Beach, and it comes loaded with lifestyle amenities, from a two-lane bowling alley in the basement to a resort-style swimming pool, multiple balconies, and an outdoor lounge and dining pavilion perfect for hosting A-list friends.
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The home blends Japanese and Scandinavian design motifs with California’s breezy, relaxed style.
Roger Davies
The sale closed in late August, according to public records, with a trust tied to Dončić’s business manager, Lara Beth Seager, listed as the buyer. Carolwood Estates’ Susân Perryman reportedly held the listing, though the property never hit the open market.
At $25 million, Dončić’s purchase narrowly tops last year’s $24.5 million trade of an oceanfront home on The Strand, pushing his new home into record-breaking territory. Properties along The Strand have historically dominated price records in Manhattan Beach, but Dončić’s acquisition proves the Hill Section can now command top dollar.
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Amenities include a resort-style pool, a bowling alley, and an outdoor lounge and dining pavilion.
Roger Davies
For Sharapova, who shares a young son with fiancé Alexander Gilkes, the sale marks the end of her decade-long connection to the property as the couple shifts their time increasingly to Europe. Still, just last year the 38-year-old retired tennis star scooped up an $11.5 million estate in Montecito, right next door to Katy Perry and Orlando Bloom. The rustic yet refined five-bedroom residence, formerly owned by Chicago philanthropist Ann Lurie, was designed by Lockwood de Forest Jr. in 1949. She also maintains a $9 million ranch property in nearby Summerland.
Dončić, meanwhile, is planting new roots in Los Angeles. After being traded from the Dallas Mavericks to the Lakers earlier this year, former sharpshooter Chandler Parsons allegedly claimed Dončić had just closed on a $15 million home in the Big D—an awkwardly timed deal given the superstar’s imminent move west. Now, with a fresh three-year, $165 million extension and a record-setting $25 million Manhattan Beach estate in his portfolio, it seems clear the 26-year-old intends to make L.A. home both on and off the court.
Click here to see more photos of the Sanctuary.
Roger Davies
Source: Luxury - robbreport.com
