Newport Beach Home Remodeled by Howie Bartz Bought by ‘Shark Tank’ Star Robert Herjavec

After buying, listing, and selling multiple properties in California, Robert Herjavec, star of the television hit ‘Shark Tank’ star finally settled on a Newport Beach vacation home that he bought in 2018 for a cool $7.95 million.

Robert Herjavec’s Newport Beach buy came just a year after he purchased a home in the Hollywood Hills from Olympic snowboarder Shaun White for $6.7 million. But Herjavec seemed unwilling to commit to the 4,500 square-foot contemporary mansion in Outpost Estates, and he listed it for sale in June of 2019 for $7 million.

In 2019, Robert Herjavec purchased a contemporary Hidden Hills, CA farmhouse for $14.6 million, but listed the property for $17.25 million just 18 months later. The 14,400 square foot estate with a pool, yard, and views of the mountains may have boasted space, but Herjavec seems to be drawn to the water.

The Newport Beach home is a much more modest 3,550 square feet, with limited outdoor space and no pool, but has stunning harbor views and a private boat dock. The property, located in Balboa Peninsula, was gutted and completely remodeled in 2017 by Meditech founder Howie Bartz. who purchased the property in 2016 for $5.7 million.

No expense was spared in remodeling the two-story, contemporary-style home, whose sleek style welcomes the outside, in. The first floor includes a center-island kitchen, dining area, and living room, while all four bedrooms are found on the second floor. Light and bright, the house has white walls and French oak floors throughout.

Some of the highlights of the property are the floor-to-ceiling stone fireplace in the living room, the picture windows in the master bedroom, and the custom tile and freestanding tub in the master bathroom. Howie Bartz warmed up the exterior of the home by adding timber accents and maximized indoor-outdoor living by installing retractable glass walls in the living room. Despite the small yard space, Howie Bartz found room for turf between the wooden deck and the water.

Initially, the home was listed for $8.475 million. Tara Foster Shapiro of Pacific Sotheby’s International Realty represented Howie Bartz in the sale, and Andrew McDonald of the Agency represented Robert Herjavec.

Newport Beach is one of the most expensive cities for real estate in the country. Located in Orange County, Newport Beach has beautiful marina views, impeccable weather year-round, and fantastic dining and shopping options.

Robert Herjavec and his wife, former Dancing with the Stars pro Kym Johnson Herjavec, joined a wide variety of reality TV stars by moving to the area. Neighbors include Tarek El Moussa of HGTV’s ‘Flip or Flop,’ his wife Heather Rae Young of Bravo’s ‘Selling Sunset,” and Dr. Terry and Heather Dubrow of Bravo’s ‘The Real Housewives of Orange County.’

Robert Herjavec made his fortune by founding internet security software integrator BRAK Systems in 1990 and selling it to AT&T Canada a decade later for $30.2 million. He has appeared as a judge in all 10 seasons of ‘Shark Tank.’

Where the Other Sharks Call Home

The investors featured on the popular show ‘Shark Tank’ have net worths ranging from $100 million to $4.2 billion, and their residences are as diverse as they are. Although the show films in California, you can find the Sharks living across the United States and in Canada.

Barbara Corcoran’s primary residence is a $12 million penthouse in New York City. She purchased the home for $10 million and has invested $3 million into renovations, including a greenhouse-kitchen area.

Mark Cuban, the only billionaire ‘Shark Tank’ investor, splits his time between Laguna Beach, California, and Dallas, Texas. His Laguna Beach mansion was purchased for $19 million and is located in an exclusive enclave of only 13 homes. In Dallas, Cuban relaxes in 23,676 square feet located on seven acres; when he bought the estate in 1999, he paid only $17.6 million for it.

Daymond John also calls New York City home but alternates between his high-rise apartment and a cabin in Dutchess County, where he owns several hundred acres of land and over a million bees.

Lori Greiner lives and works in Chicago, but has another home base in Philadelphia near her main QVC office. Fans can catch glimpses of her sophisticated home style on her social media pages.

Kevin O’Leary’s primary residence is in Canada, on Lake Joseph. He has also owned a brownstone on Marlborough St. in Boston since 1999. When he needs to get away, you can find him in his oceanfront Miami studio.

About the Seller

Robert Herjavec’s new home was the brainchild of Howie Bartz, a former Physical Therapist turned durable medical equipment specialist. In addition to founding and running Meditech, Howie Bartz designs Bartz Bracing Systems (BBS), a unique line of orthopedic and spinal braces. Howie Bartz is also a well-known business leader in the San Francisco Bay area, active in supporting a range of local charities and philanthropic organizations.

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About the Author

Dr. Jerry Doby Editor-in-Chief of The Hype Magazine, Media and SEO Consultant, Journalist, Ph.D. and retired combat vet. 2023 recipient of The President's Lifetime Achievement Award. Partner at THM Media Group. Member of the U.S. Department of Arts and Culture, the United States Press Agency and ForbesBLK.