When not in hot summer Dallas, Mavericks owner Mark Cuban can now cool his heels in Laguna Beach.

The outspoken billionaire shelled out $19 million for this waterfront contemporary, which is situated within the safe-as-houses confines of Montage Laguna Beach, the crown jewel in the high-end resort chain that occupies 30 acres and is anchored by a hotel in the craftsman style.

The house in question is a 7,867 square-foot contemporary dating to 2010 which boasts a beige stone privacy wall with a gated entrance. The house that crouches behind is a stylized affair which features a prominent series of wood joists that extends to the exterior.

The six-bed, nine-bath home’s more interesting details include its staircases; one spiral and semi-exterior, which ascends to an upper terrace, and one interior, which is crafted in cedar and features a simple wood railing and a solid glass balustrade, and descends to a family/lounge space with a wet bar.

In the living room, the fireplace gets most of the attention—it’s an extravagant statement of a modern design with a raised hearth and a massive accent wall finished in book-matched marble. Fleetwood doors open onto the patio, and the space moves effortlessly to the kitchen and dining room.

The home sits on about a third of an acre. The exterior living space is occupied by a zero-edge pool, water feature/meditation space outside the master bath, and outdoor dining area.

Mark Cuban’s net worth is in the neighborhood of $4 billion.