Larry Ellison, the Oracle co-founder, is listing a North Palm Beach, Florida oceanfront estate for $165 million, according to multiple reports. The property is described as the third-largest oceanfront parcel in Palm Beach County.
One outlet says Ellison paid about $80 million for the estate in 2021, and is now seeking more than double that amount after shelving demolition plans. Another report details the property’s size and features, including roughly 8.4 acres and more than 16,000 square feet of living space along the Atlantic coastline.
Together, the coverage indicates the sale is being marketed at a significant premium over the 2021 purchase price, but they emphasize different aspects: one focuses on the asking price and local ranking among oceanfront parcels, while the other also highlights the prior investment, the change in plans, and specific property size and amenities.
