In the spring of 2017, Luke Walton, then head coach of the Los Angeles Lakers, made headlines by purchasing a lavish home from the ex-wife of troubled stockbroker Jordan Belfort for $7.2 million. The property, located in the upscale coastal community of Manhattan Beach, became a part of Walton’s life as he transitioned from coaching the Lakers to stints with the Sacramento Kings and the Cleveland Cavaliers. Now, at 40 years old, Walton has decided to part ways with his Southern California residence.
Recent records reveal that Walton and his longtime partner, Bre, have sold their home to Justin Solomon, a well-known investment funds partner with Kirkland & Ellis in both Los Angeles and the Bay Area, for a notable $10.3 million. The deal was represented by Nick Schneider and Nathan Staggs from the Schneider Properties Team at Compass, indicating a smooth transaction for both parties involved.
Originally constructed in 2003, the home underwent significant renovations during the couple’s ownership. This gated stucco residence, topped with a terracotta roof, is situated on a desirable private road. It boasts an impressive seven bedrooms and eight bathrooms, spanning just over 10,000 square feet. Among the luxury amenities are an office lined with bookshelves, a recreation room complete with a wet bar, a private movie theater, a mirrored gym, a wine cellar styled like a speakeasy, and even a dedicated gift-wrapping space.
The main level features a grand entry foyer highlighted by a striking imperial staircase illuminated by a skylight. Adjacent to the foyer is a formal dining area distinguished by an elaborately wallpapered ceiling, while a cozy family room with a fireplace connects to a gourmet kitchen. This kitchen is equipped with top-of-the-line stainless steel appliances and a spacious eat-in island, along with a breakfast nook framed by windows, allowing for plenty of natural light.
Upstairs, the lavish primary suite is designed for comfort and relaxation. It includes a fireplace, a private balcony, and an expansive walk-in closet that has a special section just for shoes. The suite’s spa-like bathroom features dual vanities, a soaking tub, and a luxurious shower designed for two.
The outdoor space is particularly noteworthy, as it resembles a resort with its extensive grounds spanning over a third of an acre. The backyard is home to a pool and spa that can be illuminated with red and blue lights, as well as a fire pit and a barbecue station for entertaining guests. For those with multiple vehicles, the property includes two attached garages that can accommodate up to four cars.
Walton, a former NBA player, was drafted by the Los Angeles Lakers in 2003 out of the University of Arizona as the 32nd overall pick. During his playing career, he contributed to the team’s success, helping them secure two championships before being traded to the Cleveland Cavaliers in 2012. After a brief playing career, Walton transitioned into coaching, beginning as a development coach for the L.A. D-Fenders (now known as the South Bay Lakers) while still active in the league.
His coaching career progressed with roles at the Golden State Warriors and returning to the Lakers, as well as coaching the Sacramento Kings and the Cleveland Cavaliers. Currently, he serves as an assistant coach for the Detroit Pistons, demonstrating his enduring commitment to the game of basketball.
As Walton moves on from his Manhattan Beach property, it marks a new chapter for him and his family. The decision to sell the home reflects not only his evolving career but also his readiness to embrace new opportunities, both personally and professionally. The home’s impressive sale price indicates the strong real estate market in the area, which has drawn many affluent buyers seeking luxury living in the desirable coastal community.
In conclusion, Walton’s sale of his stunning home encapsulates the life of a man who has navigated the highs and lows of the basketball world, both on and off the court. As he continues his journey in coaching, it will be interesting to see where his next moves take him, both in real estate and in his professional career. The sale of this property not only signifies a financial transition but also a personal evolution for Walton as he embraces the next phase of his life.
