Tech billionaire Larry Ellison is listing his oceanfront estate in North Palm Beach, Fla., for $145 million, just over a year after purchasing it for $80 million
co-founder bought an even larger estate in the nearby Manalapan area for $173 million from Internet entrepreneur Jim Clark, according to property records and a person familiar with the situation. A spokesperson for Mr. Ellison couldn’t be reached for comment.Located in the Seminole Landing gated community, the North Palm Beach property sits on about 8.5 acres, including a privately-owned beach and dune, with over 520 feet of ocean frontage, according to the listing agents.
While the existing home has “good bones,” Mr. McPherson said most buyers will likely want to expand the house or raze it and build a larger home from scratch. Mr. Ellison purchased the property in April 2021 from hedge-fund manager Gabe Hoffman, the founder of Accipiter Capital Management. Mr. Hoffman had purchased the main parcel in 2012 for $17.5 million, and listed the house in 2020 for $79.5 million.
Seminole Landing, which has 24-hour security, is located next to the Seminole Golf Club. The community has seen a string of major transactions over the past two years as a wave of high-end real estate activity in Palm Beach spilled over to neighboring areas. Last year, hedge-fund manager
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Server hosting company to vet TikTok algorithms to avoid Chinese manipulationOracle, the company that TikTok has partnered with to secure United States user data, said that it has begun vetting its algorithms to ensure China has not manipulated the data.
Weiterlesen »
In California’s Laguna Beach, a Waterfront Spec Home Sells for $43.5 MillionA spec house in Laguna Beach, California has sold for $43.5 million after listing a few months ago for $48.995 million
Weiterlesen »
Federal authorities oppose unsealing affidavit for Mar-a-Lago warrantThe Justice Department on Monday rebuffed efforts to make public the affidavit supporting the search warrant for former President Donald Trump’s estate in Florida.
Weiterlesen »
Spurs star LaMarcus Aldridge's former San Antonio home is back on the marketThe $2.7 million property is awash in high-end features, including a pool with multiple waterfalls, a temperature-controlled wine cellar and a copper roof. SanAntonio SATX SanAntonioTX LaMarcusAldridge SanAntonioSpurs SASpurs Spurs NBA basketball
Weiterlesen »
Carl Nassib, First Active NFL Player to Come Out, Joins the BucsCarl Nassib made history in June 2021 when he came out over social media as the NFL’s first active, openly gay player. This will be the defensive end’s second stint with Bucs.
Weiterlesen »