Larry Ellison’s Real Estate Empire
Larry Ellison’s real estate empire- he’s back on the hunt…
WSJ Oct. 21 The Nation’s Most Avid Trophy Home Buyer
Incline Village Ellison Estate Video
Ellison’s latest Lake Tahoe compound is well under construction in Incline Village, Nevada. Records show Mr. Ellison has spent $102 million in the last several years buying property, both on and off the market, to assemble three different parcels fronting the 191-square-mile lake. On his 7.6 acre assembled parcels in Incline Village, purchased over three years for a total of $58 million, Mr. Ellison is constructing a compound with more than 18,000 square feet of living space as well as a pond with an island, waterfalls and a tennis court with a pavilion, with 420′ lakefront, two piers and a private beach, according to plans submitted to Washoe County, Nev.
Bruce Olsen is the builder for the Incline Village project. The eight structures are architecturally pleasing and in keeping with mountain lodge style homes that are being built around the Lake.
According to the plans, the main house, three-bedroom beach house and “West House” are located on the side of the property closest to Lake Tahoe. The writer’s cottage and a clay tennis court and tennis pavilion—with a lounge, fireplace, fold-down bed and powder room—occupy the middle of the property. Closer to the street are another cottage and a caretaker’s cottage. A guard house is at the entrance.
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