Los Angeles Times

‘Shark’ swims into new waters

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Robert Herjavec has found his latest investment in Newport Beach. The businessma­n and “Shark Tank” star has purchased a waterfront home through a trust for $7.95 million.

Taken down to the studs and rebuilt last year, the contempora­ry-style house has harbor views from its spot on the Balboa Peninsula.

The two-story house features a center-island kitchen, a dining area and a sunny living room

anchored by a floor-to-ceiling stone fireplace on the main level. White walls pair with French oak floors throughout 3,550 square feet of interior.

All four bedrooms are found upstairs, which is reached by a cable-railing staircase.

The master suite looks out on the water through picture windows and features custom tile and a freestandi­ng tub in the bathroom.

Pocketing doors lead outside, where a wood deck descends to a turf lawn. A grill and private dock complete the waterfront scene.

A native of Canada, Herjavec founded internet security software integrator BRAK Systems in 1990 and sold it to AT&T Canada a decade later for $30.2 million.

He’s appeared as a judge in all 10 seasons of “Shark Tank,” a reality show where entreprene­urs pitch their businesses to investors including Herjavec, Mark Cuban and Kevin O’Leary.

Tara Foster Shapiro of Pacific Sotheby’s Internatio­nal Realty was the listing agent. Andrew McDonald of the Agency represente­d the buyer.

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