×
You will be redirected back to your article in seconds

Warriors Owner Joe Lacob Scores $29 Million Malibu Mansion

Seller:
Joseph Englanoff
Location:
Malibu, Calif.
Price:
$29.1 million
Size:
5,512 square feet, 5 beds, 6 baths

Fresh off back-to-back NBA championships, professional basketball’s Golden State Warriors of San Francisco have been described by reputable news outlets as the “greatest dynasty in the modern era” and as “absurd collection of talent.” Perhaps to celebrate those supreme accolades, majority owner Joe Lacob and his wife Nicole Curran have girded their loins and charged away from their longtime Silicon Valley, Calif. residence to the seaside city of Malibu, where they’ve laid out $29.1 million for a decidedly decadent oceanfront mansion on desirable Carbon Beach.

Before becoming Warriors majority owner in 2010, Lacob was (and still is) an exceptionally successful Silicon Valley venture capitalist. For over 30 years, he has held the rank of partner at vaunted firm Kleiner Perkins, where his investments have centered primarily around firms involved in medical tech, life sciences and energy.

As for the stylish Curran, she is Board President of and heavily involved with the Warriors Community Foundation, the charitable arm of the Warriors, although she’s perhaps best-known to the public for arousing the wrath of Beyoncé’s famously protective Beyhive group of fans earlier this year. During an NBA finals game, while seated next to Jay-Z and Beyoncé, Curran leaned over the Grammy-winning singer to ask Jay-Z for his drink order. Beyoncé’s alleged side-eye towards Curran became a viral meme, prompting the Beyhive ranks to spew venomous hate messages at Curran for daring to invade their queen’s personal space. According to a tearful Curran, those messages included death threats, leading her to delete her Instagram account.

Perhaps their new Malibu home, and the Pacific Ocean’s hypnotic waves, will inspire Curran and Lacob to forget such pesky ugliness. Although the structure sits right on traffic-jammed Pacific Coast Highway, unwanted traffic noise is kept at bay thanks to a buffer of tall gates and taller trees.

Originally built in 1970, the charcoal-colored house was completely remodeled and expanded by the seller, emergency doctor-turned-part-time real estate developer Joseph Englanoff. Now feauturing three levels and over 5,500 square feet of contemporary living space, the oceanfront mini-mansion is essentially all-new and sizzles with a host of trendy luxury amenities. Originally listed this April with a $34.5 million ask, Lacob appears to have successfully negotiated a hefty discount on the premises.

The main level sports a giant combination formal living/dining area with fireplace, plus a temperature-controlled glass wine closet sure to make the Curran-Lacob family’s boozehound guests swoon with envy. Automatic Fleetwood sliding doors noiselessly allow access to a wooden deck with direct beach access, and somewhere there’s a soundproof movie theater with cozy couch seating. Also on the main level is an eat-in kitchen with high-tech everything, a bedroom suite for a live-in maid or overnight guest, and a two-car garage.

To access the home’s upper floors, Curran and Lacob can opt to take either the home’s pneumatic elevator or the slightly more traditional wood-and-glass staircase. The master suite takes up much of this level and includes a bedroom with head-on ocean views, a fireplace and a flatscreen TV that folds down from the ceiling. The master bath is slathered in a grey, exotic-looking variety of stone and sports a steam shower and soaking tub, while there’s also a boutique-style closet, a glass-walled gym, private sitting room and two additional bedroom suites on this floor.

The home’s mostly open-air uppermost level focuses on blurring the line between indoor/outdoor living. There’s a loggia with a full outdoor kitchen and a bar-style table with a central fire feature, plus a hot tub with sweeping ocean views from the Palos Verdes Peninsula to Point Dume. Inside — but easily made part of the outdoors via the disappearing Fleetwood sliders — are a family room and a fifth bedroom.

Carbon Beach, long colloquially termed “Billionaire’s Beach” for its exceptionally high-net worth residents, is home to scores of famous folks. Some of the nearest new neighbors include Dr. Dre, Larry Ellison, Michael Milken, former Dodgers owner Jamie McCourt and current Dodgers owner Mark Walter.

As for Lacob and Curran, their primary residence continues to be a 14,000+ sq. ft. mansion in the ultra-tony Silicon Valley town of Atherton, Calif. Purchased in 2007 for $19.8 million, the two-parcel, multi-acre compound includes a half-court basketball court, a pool, multiple motorcourts and happens to lie directly across the street from an $80 million ranch estate owned by Google co-founder Sergey Brin. The property is also a literal stone’s throw from the $100 million Atherton complex of WhatsApp co-founder Jan Koum, who recently made his own Malibu real estate splash of sorts.

Chris Cortazzo of Compass held the listing; Jack Turturici of Equity Advisors repped Lacob and Curran.

Popular on Variety

More Dirt

  • Whitney Cummings House

    Whitney Cummings Quickly Lands Buyer for Former Studio City Home

    Within two weeks of stand-up comedian, TV writer and veteran roaster Whitney Cummings hanging a $2 million price tag on her former home in Studio City, Calif., the extensively updated and privately situated 1960s California ranch has been lickety-split put into escrow to be sold for an unknown amount to an unknown buyer. Cummings paid [...]

  • Kanye West House

    Kanye West’s Former East Coast Outpost Back for Sale

    The longtime former New York City bachelor pad pied-à-terre of rapper turned fashion designer and pop culture provocateur Kanye West has popped up for sale with an asking price of $4.7 million. West acquired the two fourth floor units that comprise the house-sized Soho condo more than a dozen years ago in two transactions that [...]

  • Anastasia Soare House Beverly Hills

    Cosmetics Billionaire Buys $19.5 Million Beverly Park Mansion

    Beverly Park, the star-studded gated community of megamansions tucked high into the mountains above Beverly Hills, has a new billionaire resident: Anastasia Soare, the Romanian-born beauty guru who immigrated to the U.S. as an adult, founded her own Beverly Hills salon in the 1990s, and grew the little business into what is now Anastasia Beverly [...]

  • Kendrick Lamar House Manhattan Beach

    Kendrick Lamar Drops Nearly $10 Million on Manhattan Beach Mansion

    When he’s not performing to packed arenas worldwide — the international “Damn” tour wrapped up last year with over $62 million in gross receipts — Kendrick Lamar has long resided in L.A.’s South Bay region, specifically in the posh seaside city of Manhattan Beach. And after a reported long spell as an area home renter, [...]

  • Sully

    Georgia Attorney General Closes Probe of 'Sully' Tax Credits

    The Georgia attorney general’s office has closed a criminal investigation into Warner Bros.’ use of tax credits on the Clint Eastwood film “Sully,” after state revenue agents declined to pursue the case. The state prosecutor’s office opened a criminal probe two years ago, after a whistleblower alleged that the production had claimed more than $600,000 [...]

  • Reno Wilson House

    Reno Wilson Lists Mount Washington Bungalow

    Versatile actor Reno Wilson, best known for his long run in a supporting role on the popular primetime sitcom “Mike & Molly,” as well as providing character voices in the blockbuster “Transformers” film series, has listed a quirky micro-compound in L.A.’s up-and-coming Mount Washington neighborhood with a not quite $940,000 asking price. Wilson hopes to [...]

  • Keith Powell House

    Keith Powell Looking for Buyer in Hollywood Hills

    Former “30 Rock” actor Keith Powell has an updated 1920s Spanish cottage in the Cahuenga Pass area of the Hollywood Hills up for grabs at $1.2 million. Online listings indicate the property is already pending sale for an unknown amount and tax records indicate the creator and eponymous star of the award winning 2015-16 web [...]

More From Our Brands

Access exclusive content