Los Angeles Lakers executive and co-owner Jim Buss has added another piece to his personal roster, buying an ocean-view spot in Dana Point for $2.915 million.
The approximately quarter-acre lot sits behind gates at the Strand at Headlands, a development of custom homes and sites above the beach in Dana Point. The property adjoins a half-acre lot that is also owned by the Lakers vice president of basketball operations, public records show.
In 2013, Buss paid more than $13.5 million for four home sites in the community. Among them were two to-be-completed Mediterranean-style homes, one of which was briefly on the market in 2015 for $5.995 million.
Also purchased by Buss four years ago was a three-bedroom condo at the Ritz-Carlton Residences at L.A. Live for $4.05 million. The approximately 4,300-square-foot corner unit, which features Swarovski chandeliers and city-to-ocean views, came up for sale last year and currently lists for $8.8 million.
Buss, 57, is the son of the late businessman and Lakers majority owner Jerry Buss. He has held the position of vice president of basketball operations since 2005.
Jeff Golden of White Sand Realty handled the most recent sale at the Strand at Headlands.
MORE FROM HOT PROPERTY: