Manhattan Beach just welcomed a new superstar homeowner while setting a new real estate record. Los Angeles Lakers point guard Luka Dončić has purchased the former Manhattan Beach home of tennis champion Maria Sharapova for an impressive $25 million, making it the priciest residential sale in the city’s history.
A Record-Breaking Sale
The Hill Section property quietly sold off-market, with the transaction recorded on August 27 by the Los Angeles County Recorder. The Daily Breeze first confirmed Dončić as the buyer, noting that the deed lists a trust tied to Lara Beth Seager, Dončić’s business manager, as the purchaser.
Carolwood Estates’ Susân Perryman served as the listing agent. Reports indicate the property never appeared on the Multiple Listing Service before selling. The buyer’s representative has not been publicly disclosed.
Details of the Luxury Estate
The custom-built residence sits on a quarter-acre lot and spans 8,600 square feet. It includes five spacious bedrooms, modern finishes, and expansive living areas. Sharapova and her fiancé, Alexander Gilkes, decided to part with the home to spend more time with family in Europe, according to previous reports.
The sale surpasses last year’s record $24.5 million transaction for a Manhattan Beach home on The Strand. Properties along The Strand have historically set the city’s pricing benchmarks, with record holders including 1800 The Strand, sold in 2023, and 1000 The Strand, which sold in 2017 for $21 million.
A Booming Market
Manhattan Beach has experienced significant price growth over the past year. According to Redfin data, the median home price in July reached $3.1 million, reflecting a 27.3 percent increase year-over-year.
Dončić’s purchase not only highlights the growing allure of Manhattan Beach among high-profile buyers but also signals continued strength in the city’s luxury market.
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