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Ex-Laker Trevor Ariza sells lakefront house near Orlando, Fla.

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Trevor Ariza will be in the market for a new home come July 1 when the NBA free agency period begins. In the meantime, however, the former Laker and UCLA Bruin has settled for a home sale.

Sale of the custom Mediterranean, found at the Reserve at Belmere in Windermere, Fla., closed on Wednesday at $1.5 million, according to public records. Ariza purchased the house in August 2006 for $2.49 million.

The lakefront home, built in 2006, is located on more than a third of an acre with an outdoor kitchen, a private boat dock, a pool and spa. The 5,722 square feet of living space feature custom cabinetry, granite countertops and travertine and wood flooring.

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Entering through a vaulted foyer, the floor plan includes a gourmet kitchen with a coffee/wine bar, a family room with a built-in media center and a private home theater with kitchenette. The master suite, one of four bedrooms and five full baths, has a walk-in closet and water views.

Community amenities include 24-hour security, a resident dock, a fitness center and basketball and tennis courts.

Ariza, 28, has played for six teams in 10 seasons and played a key role in the Lakers’ 2009 championship run. He is expected to be one of the more sought-after players in free agency this summer after averaging 14.4 points and and 6.2 rebounds per game for the Washington Wizards last season.

The versatile forward asked $1.674,500 when he listed the property for sale in April. Jennifer Piper of Premier Property Group was the listing agent. Justin Pekarek of Regal Real Estate Professionals represented the buyer in the sale.

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