Larry Ellison Selling Lake Tahoe Mansion For $28.5 Million

Posted by Staff Reporter on Mar 28, 2013 09:24 PM EDT
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The exterior of billionaire Larry Ellison‘s compound on the east shore of Lake Tahoe.
(Photo : MLS)

Oracle billionaire Larry Ellison has listed his 2.62-acre compound on the east shore of Lake Tahoe for $28.5 million, according to reports. 

According to the Wall Street Journal, Ellison originally planned for the lakeside property, which includes a 9,242-square-foot main house he remodeled "from the studs up," to be his Tahoe pad, but when the opportunity to buy a bigger, better lot on the north side of the lake presented itself, he snatched up the land-spending a reported $29M in three separate purchases-and began building mansion No. 2.

The Glenbrook property includes a 9,242-square foot main house with six bedrooms, eight full baths, and one half bath. The compound also comes complete with a sound-proof screening room, a gym, a billiard room, a library and a sauna.

The master bedroom wing has two dressing rooms and two baths, each with a handcrafted wooden ofuro, a Japanese soaking tub.

There are also two piers, a floating dock, and a 426-square-foot lakeside cabana. Besides the main house, the compound includes a 2,934-square-foot secondary abode and a 1,325-square-foot guesthouse. In all, that's 13 bedrooms, 13 bathrooms, and 14,192-square-feet of living space.

Ellison assembled the Glenbrook property over three years, according to public records. In 2006 he paid $11.7 million for the main house and 1.6 acres. He then paid $3.3 million for two additional parcels in 2009. 

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