Home News Larry Ellison Asks $145M For His Oceanfront Palm Beach Estate – Robb Report

Larry Ellison Asks $145M For His Oceanfront Palm Beach Estate – Robb Report

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Largest waterfront property in the entire Southern florida is back on the market. Tech Billionaire and trophy home enthusiast Larry Ellison.

Oracle co-founder buys North palm beach Hedge fund manager Gabe Hoffman will return to Mega Mansion in April 2021. Now, Ellison got his parcel a little over a year later when he went public for a whopping $145 million.For context, the hefty price tag is reported to be nearly double what he originally paid wall street journalLocated in the ultra-luxury gated community of Seminole Landing, this prized property is considered the third largest oceanfront property in all of Palm Beach County.

Larry Ellison Lists North Palm Beach Property for $145 Million

Daniel Petroni / Douglas Elliman

“Oceanfront parcels are very hard to come by. It’s unheard of to get something of this size,” said Adam McPherson of Douglas Elliman, one of the listing agents. WSJMoreThe 15,514-square-foot property, which is essentially Tuscan in design, has seven bedrooms and 11 bathrooms. Fully equipped with home theater and wine cellar.

The beachfront mansion sits on sprawling 8.5 acres. If you count privately owned beaches and dunes, yes, of course. The property also includes tennis courts, 562 feet of sea level, and plenty of space for a helicopter that can take off and land directly from the home.

Larry Ellison Palm Beach Compound

The 8.5-acre property includes a tennis court, home theater, wine room, private beach, and helicopter landing area.

Daniel Petroni / Douglas Elliman

“As one of the largest ocean front properties, the property holds a constant cache of well beyond Palm Beach’s spectacular land. ,” said Farhad Farman of Compass. Act as a strategic marketing advisor for the property.

Ellison likes to spend his fortune real estatemake headline In June, he added yet another Trophy property to his high-end portfolio. At the time, the tech mogul threw an unprecedented $173 million on his 16-acre sea-to-lake land in Manalapan. Considering this deal set a record for the most expensive home sale in all of Florida, I’m curious to see how he, one of the richest people in the world, tops this.

click here See all the photos of Larry Ellison’s Palm Beach compound.

Larry Ellison Palm Beach Compound

Daniel Petroni / Douglas Elliman

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