Luxe Living

Larry Ellison, co-founder and CEO of Oracle, was recently called “The Nation’s Most Avid Trophy-Home Buyer” by the the Wall Street Journal. Since becoming one of the biggest earners in America while at the helm of Oracle, Ellison has spent hundreds of millions of dollars acquiring incredible properties across the globe. According to the WSJ, Ellison’s known property roster includes multiple adjacent lots in Malibu, a Newport, R.I., mansion formerly owned by the Astor family; a historic garden property in Kyoto and an estate in Rancho Mirage, Calif., with a private, 19-hole golf course and a $200 million estate in Woodside, CA. He’s currently building and adding a North Lake Tahoe compound to that incredible line-up.

And now, we’ve learned that he’s subtracting his existing East Lake Tahoe compound from that lineup as he awaits the completion of his newer, upgraded pad on the north side of the famous lake that straddles the California and Nevada borders. As first reported by the WSJ, Ellison has just listed his Lake Tahoe home in the tony enclave of Glenbrook for $28.5 million dollars. The property includes a 9,242-square foot main house with 6 bedrooms, and 8.5 bathrooms. In addition to the main house, there is a 1,326 square-foot, 2 bedroom, 3 bath guesthouse, and another 2,934 square-foot lakefront home with 5 bedrooms and 3.5 bathrooms.

Other amenities of the homes include a gym, billiard room,  library, sound-proof screening room and a sauna. With a private crystal clear harbor and white sandy beach, Ellison’s Lake Tahoe spread sits on 2.62 acres with 230′ of lake frontage.

Talk about a high tech, high dollar deal! Former Yahoo! CEO Terry Semel has sold his compound on Malibu’s Carbon Beach for $37M to none other than Oracle CEO Larry Ellison, who has been dubbed “The Nation’s Most Avid Trophy-Home Buyer.” This real estate transaction between Semel and Ellison is strictly a B2B deal. No, we don’t mean business-to-business. We’re talking about billionaire-to-billionaire here!

Malibu’s Carbon Beach has been dubbed “Billionaire’s Beach,” and Ellison already owns numerous properties along that strip of sand. Perhaps he only lives on streets named exclusively for billionaires, because his primary residence in San Francisco sits on “Billionaire’s Row” in Pacific Heights.

The seller, Terry Semel, was at the helm of Yahoo! from 2001-2007 and made quite the nice stash of cash from the gig. Since leaving Silicon Valley behind, Semel has resided in Los Angeles and has gobbled up some exceptional real estate in the area. Just last year, Semel and wife Jane listed and sold their swank Beverly Hills mansion.

The Malibu home that just transferred hands from Semel to Ellison sits on a three-quarter-acre lot includes three structures, creating a compound just steps from the sand. The main house is entered through a three-story skylit rotunda. Aside from the main home, there is also a two-story guesthouse for a total of nine bedrooms, 13 bathrooms and 10,317 square feet of living space that stretches along 151 feet of beach frontage.

We’re not surprised to hear Ellison was the buyer in this big deal. Since becoming one of the biggest earners in America while at the helm of Oracle, Ellison has spent hundreds of millions of dollars acquiring incredible properties across the globe. Ellison’s known property roster includes five adjacent lots in Malibu, a Newport, R.I., mansion formerly owned by the Astor family; a historic garden property in Kyoto and an estate in Rancho Mirage, Calif., with a private, 19-hole golf course. He’s currently adding a Lake Tahoe compound to that incredible line-up and is rumored to be on a buying spree in his native San Francisco.

Megan Ellison is making some serious real estate moves. Before we get into the details, you’re not alone if you’re scratching your head wondering where you know that name. Here’s a hint – focus on the last name…

Got it yet?

Her father is none other than Larry Ellison, the ritchy-rich founder and CEO of Oracle, and also “the nations’s most avid trophy home buyer.”

26-year-old film producer Megan is quite the avid home buyer herself. She purchased this home at 9258 Nightingale Dr. in West Hollywood on February 4, 2008 for $12,600,000. She also sent real estate tongues wagging last year when she purchased the house next door for almost 14 million. Now, this first home on Nightingale Dr. has been listed for $15,500,000.

The home is a “stunning architectural masterpiece” that has been re-built from the ground up with no expense spared. Through glass windows, you can gaze upon downtown to ocean city lights views. Perfect for a movie producer and any other “Hollywood type,” the home has a 20 seat theatre and whole home audio and security. The gated and private home also has a pool, 13 foot ceilings throughout, amazing volume, 8′ wide gallery hallways, poliform kitchen/closet, agape baths and tre-piu doors. According to the listing, nothing like this has ever been built in the hills.

Larry Ellison, co-founder and CEO of Oracle, was recently suggested to be “The Nation’s Most Avid Trophy-Home Buyer” by the fine folks at the Wall Street Journal. Since becoming one of the biggest earners in America while at the helm of Oracle, Ellison has spent hundreds of millions of dollars acquiring incredible properties across the globe. According to the WSJ, Ellison’s known property roster includes five adjacent lots in Malibu, a Newport, R.I., mansion formerly owned by the Astor family; a historic garden property in Kyoto and an estate in Rancho Mirage, Calif., with a private, 19-hole golf course. He’s currently adding a Lake Tahoe compound to that incredible line-up.

While Larry’s been known to add more and more properties to his portfolio, he does occasionally sell. As reported by The Real Estalker, Ellison is the owner of a stunning $19,000,000 for-sale luxury equestrian estate in Woodside, CA – a town as famous for being horse-friendly as it is for its millionaire and billionaire residents. On the market just shy of 3 months, it appears that Larry is prepared for one of his trophies to be taken off the shelf, polished off, and transferred to the right buyer.

The exclusive equestrian estate is comprised of 2 parcels, for a grand total of 6.88 acres. Private and secluded at the end of a cul-de-sac, Ellison’s classic colonial home consists of 4-bedrooms, 3.5-bathrooms, a pool house and pond-like pool with elevated spa. Also on the property is a 1 bedroom, 1 bathroom guesthouse, beach volley ball court, ponds and equestrian facilities that include a 5-stall barn.