Inside Larry Ellison's $145 Million Florida Mansion With A Helipad, Tennis Court

Oracle co-founder Larry Ellison's oceanfront mansion in North Palm Beach, Florida, is now up for grabs for a whopping $145 million.

The property, which Ellison purchased last year for $80 million, rests on more than 520 feet of ocean frontage within the ultra-exclusive, 24-hour guard-gated Seminole Landing, a community of 65 sprawling homes where other billionaires, including Robert Smith, David Tepper and Steve Wynn, own or have owned property, according to Forbes.

Sitting on about 8.5 acres of land, Ellison's estate is one of the largest oceanfront plots in Palm Beach County, the Wall Street Journal reported, citing listing agent Adam McPherson of Douglas Elliman.

The 15,500-square-foot Tuscan-style property features seven bedrooms and 14 bathrooms. It also comes with a massive home theater, a wine room, a tennis court and a helipad, according to the listing agent.

The listing said that Ellison's estate is one of the few properties in Florida "where someone could land and take off in a helicopter."

It is also equipped with a chef's kitchen with a VIP guest suite, a large private pool terrace and a beach gazebo, the New York Post reported.

The 78-year-old tech billionaire purchased the property in April 2021 from hedge-fund manager and Accipiter Capital Management founder Gabe Hoffman, who listed the house in 2020 for $79.5 million.

An unnamed source familiar with the listing revealed to the New York Post that Ellison originally purchased the property "with the intention of building something special."

But the source added that "another opportunity presented itself which allowed for him to utilize the property immediately."

In June, Ellison purchased an estate spanning 63,000 square feet in the nearby Manalapan area for $173 million from internet entrepreneur Jim Clark, according to property records and a person familiar with the situation cited by WSJ.

Ellison also owns luxury properties in Malibu, California, Lake Tahoe, Silicon Valley and Hawaii, WSJ reported, citing property records.

The billionaire bought 98% of the Hawaiian island of Lanai, or around 90,000 acres, in 2012 for $300 million. He currently owns all of the real estate on the island, Bloomberg reported.

After stepping down as CEO of Oracle in 2014, Ellison remains the chairman and chief technology officer of the software giant, of which he owns about 35%. He is currently worth around $109.4 billion, according to Forbes' latest estimate.