What can you get for $145M in North Palm Beach house?

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By: American Luxury Staff

Fresh from his purchase of Gemini, the extraordinary water-to-water estate in Manalapan originally owned by the Ziff family, Larry Ellison is in selling mode: the North Palm Beach investment estate he picked up last year is back on the market tagged at $145 million.

The Seminole Landing property spans nearly nine acres at large, including dune and beach space. Either by artful design or benevolent accident, the layout of the estate places the 1998-built main house next to a heavily wooded stretch of the lot next door, making best use of the property’s available space in the context of privacy. A long driveway, a pond, and a large carpet of palm-dotted lawn all precede the beachfront mansion.

Said mansion is a sizeable villa. It contains six bedrooms and twelve baths in its 15,514 sq. ft. of interior living area. Interior images are not available, but the exterior is soft yellow stucco with green trim and a tile roof, and loggias and second-level terraces overlook the ocean. A cabana and a tennis court are additional features of the property.

Ellison’s purchase of Gemini — a sixteen-acre tropical fantasy only interrupted by a particularly scenic stretch of A1A — required an outlay of $173 million. The seller of that property was Netscape co-founder Jim Clark, who had only purchased the property about a year before, and apparently made a clear $60-70 million on the deal.

Ellison’s net worth is around $110 billion, per Forbes.

Did you know that close to 25% of all homes sell without ever hitting the open market?

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