It’s no secret that Florida’s Palm Beach is home to some of the state’s most jaw-dropping homes. The South Florida has been a mecca to millionaires since the heady days of Henry Flagler. Still, it’s always a thrill to get a closer look at some of the modern-day gems that dot the prestigious parcels of ocean-front land.
Just recently placed on the market, this Tuscan-style mansion is one of many homes owned by Larry Ellison, the former CEO of computer giant Oracle Corp. It has more than 520 feet of ocean frontage and is located in an exclusive neighborhood in North Palm Beach sometimes referred to as Seminole Landing.
Built in 1998, the Tuscan-style mansion sits on 8.5 acres and includes 15,514 square feet of space. How do you fill that much space? Try seven bedrooms, a pool, a chef’s kitchen, tennis courts, a home theater, a wine room, a six-car garage, and a guest suite.
According to reports, it’s the third-largest oceanfront parcel in Palm Beach County. (What’s first and second you ask? Billionaire Ken Griffin has an 8-acre property where he plans to build a 44,000-square-foot mansion for his mother, and Ellison himself has another Palm Beach home that he bought in June for $173 million.)
We won’t tease you anymore: The asking price for this mansion is $145 million. That’s a hefty profit for a home Ellison paid $80 million for in 2021. (Hey, that Florida housing market is just nuts right now.)
The listing agents for the 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. Click here to see more photos.