Live large in Palm Beach for $145 million
Larry Ellison’s North Palm Beach estate is a Tuscan-style mansion on 8.5 acres. COURTESY PHOTOS
America’s No. 1 buyer of extraordinary mansions, Larry Ellison, is selling one from his Florida collection — and it’s a big one. Mr. Ellison’s Seminole Beach estate, in an exclusive part of North Palm Beach with 520+ feet of ocean frontage, is listed at $145 million. Mr. Ellison paid $80 million for the property, which is in the ultra-exclusive neighborhood of Seminole Landing and has two sets of gates and 24-hour security, in 2021.
The Tuscan-style mansion was built in 1998 on 8.5 acres and includes 15,514 square feet, seven bedrooms, pool, chef’s kitchen, tennis courts, home theater, wine room, a six-car garage, and a guest suite. It is the third-largest oceanfront parcel in Palm Beach County, trailing only hedge fund-billionaire Ken Griffin’s 8-acre property in Palm Beach, where he plans to build a 44,000-square-foot residence on 1,400 feet of oceanfront for his mother; and Mr. Ellison’s other Palm Beaches home, Gemini, which he bought in June for $173 million.
The estate includes 15,514 square feet, seven bedrooms, pool, chef’s kitchen, tennis courts, home theater, wine room, a six-car garage, and a guest suite.
Convenient to both Orlando and Miami, the home’s MLS listing notes that the property has quick access to the private terminals at Palm Beach International Airport via a helicopter, which can take off and land directly from the property. Palm Beach has been one of the most lucrative real estate markets in the United States, with area prices up more than 50% since 2020 and homes usually selling in less than two months.
Born in New York City to an unwed mother and raised by relatives in Chicago, Mr. Ellison made his $100 billion fortune as the CEO of Oracle Corporation. He owns homes throughout the country, including Hawaii, Lake Tahoe, Los Angeles, Rhode Island, San Francisco, and about a dozen homes in Malibu.
Palm Beach has long been home to America’s old and new money, including Joseph Kennedy, Marjorie Merriweather Post (who built Mar-a-Lago), and Donald Trump. According to local agents, the late Rush Limbaugh’s Palm Beach mansion is also available as a non-listed sale, priced about $150 million.
COURTESY PHOTOS
The listing agents for the Larry Ellison home are Adam McPherson, Chris Leavitt and Ashley McIntosh of The Leavitt/McIntosh Team at Douglas Elliman in Palm Beach. Farhad Farman of Compass is a marketing advisor on the listing. ¦
