One of the biggest residential sales ever in Florida is pending, with the listing this week of tech billionaire Larry Ellison’s North Palm Beach estate..Ellison, the founder of Oracle, put the home on the market for US$145 million, a big ask compared to the US$80 million Ellison paid for it last year..Ellison holds the record for the highest real estate deal in the Sunshine State when he paid US$173 million for an even larger place a few miles down the coast. That property sits on a 16-acre ocean-to-lake estate in Manalapan..Forbes lists Ellison as the sixth-richest person in the world with a net worth of US$110 billion. As a hobby he collects prized real estate like kids collect baseball cards..Most of his real estate activity has been in Malibu, California, where over the last few decades he spent hundreds of millions of dollars on homes in the Carbon Beach area.. Larry Ellison’s North Palm Beach estate poolLarry Ellison’s North Palm Beach estate pool .The Florida listing is an estate measuring 6.5 acres, with 563 feet of Atlantic Ocean beach front..It's located in the exclusive community of Seminole Landing, which features only 65 homes, protected by two security gates, all about a 25-minute drive from Donald Trump’s Mar-a-Lago resort..On the estate is a more than 15,000-sq.-ft. Mediterranean-style mansion featuring seven bedrooms and 11 bathrooms.. Larry Ellison’s North Palm Beach estate beachLarry Ellison’s North Palm Beach estate beach .Decks and balconies along the second storey overlook the private stretch of sand below..The estate features all the things a really expensive home should have: a swimming pool, pond, pavilion, tennis court and on the back side, a cabana leads to the beach..A guardhouse sits at the front of the property. Don’t show up without an invite..But it’s not likely you’ll be able to buy it anyway — money aside.. Larry Ellison’s North Palm Beach estate private beachLarry Ellison’s North Palm Beach estate private beach .Farhad Farman, of Compass, a high-end real estate company overseeing strategic marketing for the listing, said that because the buyer pool is so exclusive, “the marketing will be extremely personalized, with direct outreach to potential buyers around the world.”.The estate is considered to have the third largest oceanfront property in all of Palm Beach County, says one of the listing agents, Adam McPherson of Douglas Elliman..“To get an oceanfront parcel is so difficult. To get one this size is unheard of,” says McPherson. “Inherently Tuscan in its design, the 15,514-square-foot compound offers seven bedrooms and 11 bathrooms. It also includes a home theater and wine cellar.”.“The seaside manse is sited on a sprawling 8.5 acres; that’s if you count the privately-owned beach and dune, which, of course we do.”.“The grounds offer plenty of space for your helicopter, which can take off or land directly from the home.”.I don’t think he means me. Or you..“As one of the largest oceanfront lots, the property holds a certain cache that stands above and beyond the spectacular estates in Palm Beach, which are already a benchmark for the highest caliber of properties in the world,” says Farman..Ellison founded Oracle Corp. in 1977, growing it into one of the largest software companies in the world. The 77-year-old also owns mansions in the Bay Area and Rhode Island, a golf course in Rancho Mirage and the majority stake of an island in Hawaii.. Larry Ellison’s North Palm Beach estate overviewLarry Ellison’s North Palm Beach estate overview
