Larry Ellison’s Real Estate Portfolio (2026)

Few people in American history have bought real estate the way Larry Ellison has. The Oracle co-founder’s property holdings span a Hawaiian island, dozens of California homes, a Florida waterfront compound that set state records, a London office building, and a historic villa in Kyoto, a collection so vast that Forbes estimates the total at $2.9 billion as of early 2026. For anyone studying billionaire real estate strategy, or simply wondering where the money actually goes, Ellison’s portfolio offers a rare case study. Platforms like Ark7 let everyday investors participate in rental property ownership, at a very different scale, through curated fractional shares at accessible price points.

Ellison built this empire property by property over decades, and 2025 and 2026 have been among his most active years yet. He sold a record-setting San Francisco mansion, continued to consolidate his Florida waterfront position, and closed on new adjacent lots in Manalapan. The pace of his transactions makes it clear that, for Ellison, real estate is not a passive store of wealth. It is an active, ongoing pursuit, one that routinely sets market benchmarks.

Key Takeaways

• According to Forbes, Ellison’s real estate portfolio is now valued at $2.9 billion, with major concentrations in Manalapan (Florida), Malibu, Woodside (California), and the Hawaiian island of Lanai.
• His primary residence shifted from Lanai to Manalapan, Florida in May 2023, where he owns a record-setting oceanside estate spanning over 16 acres, purchased for $173 million in 2022.
• In 2025 and 2026, Ellison added multiple new lots adjacent to his Manalapan compound, bought the Lion Country Safari site near West Palm Beach for $30 million, and acquired a $202 million office building in London.
• He sold his San Francisco home in Pacific Heights for $45 million, the city’s priciest residential sale of 2025.
• His ownership of roughly 98% of Lanai remains the portfolio’s anchor, a holding that started with a reported $300 million purchase in 2012 and has grown through hundreds of millions more in resort and infrastructure investment.
• Ellison has been called the “nation’s most avid trophy-home buyer”, a descriptor that holds in 2026 as well as it did a decade ago.
• All figures in this article are press-reported estimates from named news outlets and property records; Ellison does not publicly disclose a formal real estate inventory.

How Large Is Larry Ellison’s Real Estate Portfolio?

Multiple outlets have tried to put a number on Ellison’s holdings, and the estimates vary widely. As of February 2026, Forbes values his real estate portfolio at $2.9 billion. Earlier estimates from 2025 put the figure at roughly $2 billion and, in some coverage, at $1.75 billion. The gap reflects the difficulty of valuing illiquid holdings and the pace of his new acquisitions.

What is not in dispute is the scale. The Times of India noted that Ellison has funneled more than $1 billion into homes, resorts, private islands, and historic estates worldwide. Forbes has reported that he owns an estimated two dozen homes, including three in Newport, Rhode Island; four in Woodside, California; and six in Malibu, where he also owns a restaurant and spa. That count does not fully capture the Lanai holdings or recent Florida additions.

Why the Numbers Differ

Reported portfolio valuations differ for several reasons:

• Lanai is a moving target, Ellison’s island holdings have appreciated substantially since his 2012 purchase and include both residential and commercial assets, hotels, and infrastructure.
• Off-market transactions are common, industry estimates suggest about 40% of Bay Area transactions over $20 million occur off-market, and Ellison’s deals frequently fall into that category.
• Rapid acquisition pace, multiple deals closed in 2025 and 2026 alone, making any single snapshot quickly outdated.

What California Properties Does Larry Ellison Own?

California is where Ellison built Oracle and where his deepest real estate roots remain, despite his official move to Florida.

The Woodside Compound

Ellison’s flagship California residence is a 23-acre estate on Mountain Home Road in Woodside, estimated to be worth approximately $85 million. The compound was modeled after a 16th-century Japanese emperor’s palace and took nine years to design and build, completing in 2004. The county has assessed the property at a valuation in the tens of millions of dollars. It has drawn long-standing environmental scrutiny over water use and intensive landscaping.

Beyond the main compound, Ellison holds multiple parcels in Woodside and Redwood City. Bay Area luxury market data shows 60% of Woodside transactions are all-cash, reflecting how off-market and billionaire-driven the segment has become.

Carbon Beach, Malibu

Ellison has acquired 12 beachfront homes in Carbon Beach, known locally as Billionaire’s Beach, with a combined reported investment in the hundreds of millions of dollars. Key transactions include:

• Casa Malibu Inn, purchased for a reported $20 million
• Joel Silver estate, purchased for a reported sum in the tens of millions in 2018
• 7,700-square-foot estate with tennis court and pool, acquired for a reported $48 million in 2017

His Malibu holdings also include the Nobu Ryokan Malibu, part of a broader portfolio of luxury hospitality assets that spans the Four Seasons Resort Lanai, Sensei Lanai, Nobu Hotel Palo Alto, Hyatt Regency Lake Tahoe, and Sensei Porcupine Creek.

Rancho Mirage: Porcupine Creek

In February 2011, Ellison purchased the Porcupine Creek estate in Rancho Mirage, California for $42.9 million. The property covers approximately 249 acres and includes a private 19-hole golf course, with an extra hole available for playoffs, as well as a Mediterranean-style villa, a swimming pool, and four guesthouses. The estate and golf course include an 18,500-square-foot mansion. Porcupine Creek has since been rebranded as a wellness destination under his Sensei brand.

San Francisco Sale

In December 2025, Ellison sold his Pacific Heights Gold Coast home at 2850 Broadway in an off-market deal, fetching $45 million, confirmed by The Real Deal as San Francisco’s priciest residential sale of 2025. The sale effectively ended his presence on what was known locally as Billionaires’ Row.

What Florida Properties Does Larry Ellison Own?

No region has attracted more of Ellison’s recent spending than Palm Beach County. By March 2025, Fortune reported he had invested a cumulative $450 million in Manalapan real estate, and the pace has not slowed.

The $173 Million Manalapan Estate

In 2022, Ellison purchased a property on South Ocean Boulevard in Manalapan, a coastal town about 10 miles from Palm Beach, for what USA Today reported was a record-setting $173 million, then the largest residential real estate transaction in Florida history.

The estate spans over 16 acres with approximately 1,200 feet of beachfront and 1,300 feet of Intracoastal waterfront. It includes nearly 85,000 square feet of living area with 33 bedrooms, 34 bathrooms, and 13 powder rooms. In May 2023, Ellison filed a Declaration of Domicile making this property his official primary residence.

Expanding the Manalapan Footprint

Ellison has systematically expanded the waterfront campus around his core estate:

• June 2026, property records show Ellison set to pay $35 million for the southern half of a 4-acre parcel adjacent to his estate, splitting with WeatherTech founder David MacNeil
• July 2026, Ellison closed on a 2.2-acre lot immediately north of his estate for $34.4 million from developer Stewart Satter

The surrounding market context reflects his influence: the six properties in Manalapan that were listed at over $50 million as of March 2025, in a town just 2.4 square miles with about 400 year-round residents, were unthinkable before Ellison arrived.

Eau Palm Beach Resort and Spa

In August 2024, CNBC reported that Ellison acquired the Eau Palm Beach Resort and Spa in Manalapan for $277 million, adding a major commercial hospitality asset to his Florida cluster.

North Palm Beach

Before the Manalapan record, Ellison spent $80 million on an oceanfront property in North Palm Beach in 2021, which Bloomberg reported he intended to demolish.

Lion Country Safari

In November 2025, an entity linked to the Larry Ellison Foundation paid $30 million for the 254.2-acre Lion Country Safari property at 2003 Lion Country Safari Road in Palm Beach County. The Palm Beach Post confirmed that the founding family of Lion Country Safari sold their 600-acre Loxahatchee land holdings for $30 million to an Ellison-linked entity.

Does Larry Ellison Own an Entire Island?

The most unusual entry in Ellison’s real estate portfolio is the Hawaiian island of Lanai, where he owns roughly 98% of the land, approximately 87,000 of the island’s 90,000 acres. The purchase came in June 2012 from Dole Food chairman David Murdock for a reported $300 million, though some reports have put the figure higher.

What the Purchase Included

As Bloomberg reported, the $300 million purchase came with 98% of Lanai’s 90,000 acres, plus the two Four Seasons resorts that provide most of the island’s jobs, a significant portion of its homes, and practically all its commercial properties. Since then, Ellison has bought dozens more homes and businesses, including the island’s main grocery store, its lone gas station, its community newspaper, and its non-Four Seasons hotel. Ellison owns 87,000 of Lanai’s 90,000 acres and controls most core infrastructure and community facilities.

Investment After the Purchase

The capital deployed into Lanai after the original sale has been substantial:

• Four Seasons Resort Lanai, Ellison spent an estimated $450 million to remodel the resort, which reopened in 2016
• Sensei Lanai, a wellness retreat within the Four Seasons property
• Hokuao housing project, Pūlama Lānaʻi (the land management company overseeing Ellison’s holdings) proposed 150 two-bedroom rental homes, 76 of them affordable in perpetuity, on about 76 acres of former pineapple fields. A draft environmental assessment put the project cost at $115 million. The 76 affordable units were privately funded by Ellison, representing the first such project on Lanai in roughly 30 years. Tenants were selected by lottery.

Per a March 2026 CEOWorld analysis, Ellison effectively pays roughly $3,300 per acre for Lanai, a figure analysts call “wholesale” for this kind of private control.

Pūlama Lānaʻi, the company that manages Ellison’s island land, aims to preserve Native Hawaiian culture and the ʻāina while building community and economic opportunities. In September 2025, Pūlama Lānaʻi shut down its vacation home division, eliminating about 15 jobs, roughly 4% of its 400-person workforce.

What Other U.S. Properties Does Ellison Own?

Beyond California, Florida, and Lanai, Ellison holds properties in several other states:

• Newport, Rhode Island, Forbes reports three properties in Newport. He purchased a notable estate there in 2010 and spent an additional $100 million transforming it to house his art collection, and subsequently acquired three neighboring homes along Bellevue Avenue.
• Lake Tahoe, A 2.62-acre estate in Glenbrook, Nevada, was listed for sale at $28.5 million in 2013. The 9,242-square-foot home sits on 2.6 acres in Glenbrook.

What International Properties Does Larry Ellison Own?

Ellison’s real estate activity has extended beyond the United States.

London

In early 2025, financial news coverage reported that Ellison acquired a grand office building in London for $202 million, adding a significant commercial asset to his global portfolio.

Kyoto, Japan

Yahoo Finance’s reporting on the London deal also noted that Ellison owns a historic garden villa in Kyoto, Japan, on the grounds of Nanzen-ji, a Zen Buddhist temple. The garden was listed for $86 million. Ellison has stated plans to convert the property into a Japanese art museum.

What Does Ellison’s Real Estate Strategy Reveal?

Most billionaires typically allocate 5–15% of their wealth to real estate, describing it as an inflation hedge with tax efficiency. Ellison’s approach appears to diverge sharply from that norm. CNBC noted in September 2025 that he has spent billions on real estate, sports, collectibles, and other assets, concentrating in illiquid, lifestyle-driven holdings that break traditional wealth-management guidelines.

Several themes run through his acquisition history:

Waterfront concentration: From Carbon Beach to Manalapan to Lanai, Ellison consistently targets oceanfront and island properties, assets with hard supply constraints and high long-term value floors.

Bulk land acquisition: Rather than buying individual homes, he tends to acquire parcels at scale, then build out infrastructure. The Lanai purchase, the Manalapan campus expansion, and the Carbon Beach accumulation all follow this pattern.

Hospitality integration: Most of his significant land holdings are paired with resort or commercial hospitality operations, the Four Seasons on Lanai, Sensei Porcupine Creek, the Eau Palm Beach Resort, and Nobu properties in Malibu and Palo Alto. The real estate and the business are intertwined.

Geographic consolidation: Rather than spreading properties randomly, Ellison concentrates in clusters, Woodside, Carbon Beach, Manalapan, Newport, where he can acquire multiple adjacent or nearby properties over time.

How Does Ark7 Connect to This Picture?

Ellison’s portfolio shows what concentrated, full-ownership real estate looks like at the extreme end of wealth. For most investors, that model is simply inaccessible. Ark7 was built on a different premise: that everyone should have the freedom to build wealth through real estate, regardless of starting capital.

A single Manalapan lot now commands a price in the tens of millions. Ark7 lets investors start at a low per-share entry point in curated rental properties, making real estate ownership accessible at any scale.

Ark7 lets investors buy shares in curated rental properties starting at an accessible per-share price. The platform has funded $30MM+ in property value and paid $4MM+ in cash dividends as of May 2026 across more than 300K+ active investors. Properties are managed through a hybrid approach of artificial intelligence and local expertise, handling sourcing, leasing, and operations, so investors receive monthly distributions as passive income without the headaches of direct management. Ark7 publishes monthly portfolio performance updates including occupancy rates and dividend data, with annualized dividend return rates tracked at 4.50% in early 2025 and leading properties posting yields above 7%.

Investing in securities involves risk, including the possible loss of principal. Past performance is not a guarantee of future results. Neither Ark7 nor Dalmore Group LLC makes investment recommendations. Offerings are SEC Regulation A+ qualified.

Frequently Asked Questions

Where does Larry Ellison live full time in 2026?

Ellison’s official primary residence is his Manalapan, Florida estate, where he filed a Declaration of Domicile in May 2023. See the Manalapan section above for full details on the estate and purchase price. Prior to that, his official domicile was on the Hawaiian island of Lanai.

How much did Larry Ellison pay for Lanai?

The 2012 sale price was not publicly disclosed, but multiple sources including Forbes report the figure at $300 million for roughly 98% of the island. Some reports have cited figures as high as $500 million. Ellison has since invested hundreds of millions more in resort renovations, housing, and infrastructure on the island.

What is Larry Ellison’s real estate portfolio worth in 2026?

Forbes reported in February 2026 that his real estate portfolio is valued at $2.9 billion. Other published estimates range from $1.75 billion to $2 billion, reflecting differing methodologies and the rapid pace of his recent acquisitions. All figures are press-reported estimates.

Which San Francisco property did Ellison recently sell?

Ellison sold his Pacific Heights Gold Coast estate at 2850 Broadway in December 2025. See the San Francisco Sale section above for full details.

What are Ellison’s most recent real estate purchases?

In 2025 and 2026, his notable transactions include: the Eau Palm Beach Resort and Spa for $277 million (August 2024, reported in 2025 coverage); Lion Country Safari’s 254-acre site for $30 million (November 2025); a London office building for $202 million (January 2025); and two new lots adjacent to his Manalapan estate, one for $35 million (June 2026) and one for $34.4 million (July 2026).

How has Ellison’s real estate activity affected the Manalapan market?

Ellison’s presence has repositioned Manalapan as a trophy market. As of March 2025, The Real Deal reported that six properties in Manalapan were listed at over $50 million, remarkable for a town just 2.4 square miles with about 400 year-round residents. His purchases have served as comparable benchmarks for neighboring sellers and have drawn other ultra-high-net-worth buyers to the area.

Does Ellison Own the Indian Wells Tennis Tournament?

Yes. CNBC’s September 2025 wealth profile noted that his assets include the Indian Wells tennis tournament, the BNP Paribas Open, which he has owned since 2009. The cited source does not establish that Ellison owns the Indian Wells Tennis Garden venue or its associated real estate.

How many homes does Larry Ellison own?

Forbes estimates Ellison owns approximately two dozen homes, including four properties in Woodside, California; six in Malibu; three in Newport, Rhode Island; and multiple lots in Manalapan, Florida. All figures are press-reported estimates.