Larry Ellison Relists Seminole Landing Estate for $165 Million, a North Palm Beach Record
According to The Real Deal, Oracle founder Larry Ellison has listed his North Palm Beach oceanfront estate for $165 million — a record ask for North Palm Beach, after a prior $145 million listing and an $80 million purchase in 2021.
Oracle founder Larry Ellison has listed his North Palm Beach home for $165 million, according to The Real Deal (Oct. 2, 2026, Alissa Gary). TRD reports that the asking price is a record for North Palm Beach. The Wall Street Journal first reported Ellison’s intention to relist, the paper notes; a WSJ report by Katherine Clarke describes the same $165 million ask, the $80 million purchase in 2021 and the earlier $145 million list.
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What is listed, and for how much
Per The Real Deal, Ellison paid $80 million for the 8.4-acre property in 2021 and listed it a year later asking $145 million. The current ask is $165 million. TRD’s photo caption identifies the estate as 12210 Banyan Road. The property sits inside the gated Seminole Landing community, adjacent to the Seminole Golf Club, according to the paper.
Built in 1991, the house has seven bedrooms, and the property has more than 550 feet of water frontage, according to The Real Deal. Paul Kaneb and James Kenny of K2 Realty have the listing. The listing notes the oceanfront estate is prime for a teardown or expansion, The Real Deal reports.
| Fact (per The Real Deal, Oct. 2, 2026) | Detail |
| Current ask | $165 million |
| Prior ask (about a year after 2021 purchase) | $145 million |
| Purchase price (2021) | $80 million |
| Acreage | 8.4 acres |
| Bedrooms | 7 |
| Water frontage | More than 550 feet |
| Year built | 1991 |
| Community | Seminole Landing (gated), North Palm Beach |
List history and prior ownership
The Real Deal frames this as a relist. Ellison bought the compound in 2021 for $80 million, then tested the market at $145 million about a year later. The new $165 million ask is more than double what he paid five years ago, TRD’s dek states.
Gabe Hoffman, who heads Accipiter Capital Management, sold the compound to Ellison, according to The Real Deal. Hoffman paid $17.5 million for the property in 2012, records show, the paper reports.
How the ask sits in North Palm Beach
TRD calls the $165 million ask a record for North Palm Beach. For context on the same stretch of beachfront, the paper cites three homes that sold for $30 million, $40 million and $41.8 million in 2020 and 2021. Separately, Kenny and Kaneb brokered a $27.5 million sale at 11800 Turtle Beach Road, also in North Palm Beach, in August, according to TRD. The boutique brokerage works primarily on luxury properties on the north side of the county — North Palm Beach, Jupiter and Palm Beach Gardens — the paper says.
None of those figures is a closed sale for Ellison’s estate. Until a transaction closes, the $165 million figure is an asking price only.
Ellison’s other Palm Beach County holdings (per TRD)
The estate is one of several Ellison-owned properties in Palm Beach County as he expanded holdings over the past five years, The Real Deal reports. In 2022, he paid $173 million for his principal Manalapan estate, which he expanded this year with a $34.4 million land purchase, per TRD. In 2023, he bought eight homes for his family’s staff in a Boynton Beach suburban neighborhood for a combined $10 million, according to the paper.
Those purchases are county context from TRD. They are not amenities or package terms for the North Palm Beach listing.
What this means for Palm Beach County buyers
A $165 million ask in North Palm Beach is listing news for the Palm Beach County oceanfront corridor, not a closed sale. Buyers comparing Intracoastal and ocean corridors often weigh North Palm Beach and the island against West Palm Beach new development and the broader Palm Beach market. For how some buyers frame Miami versus the Palm Beaches, see Miami vs. West Palm Beach luxury buyers.
This piece covers a private estate listing reported by The Real Deal. No sale has been reported.
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FAQ: Larry Ellison North Palm Beach estate
What is Larry Ellison asking for the North Palm Beach estate?
According to The Real Deal (Oct. 2, 2026), Ellison listed the North Palm Beach property for $165 million. TRD says that ask is a record for North Palm Beach. He paid $80 million in 2021 and previously listed it for $145 million about a year later. No closed sale has been reported.
Where is the estate, and what does TRD say it includes?
The Real Deal places the home in gated Seminole Landing in North Palm Beach and captions the address as 12210 Banyan Road. Per TRD, the 8.4-acre estate has a seven-bedroom house built in 1991 and more than 550 feet of water frontage. The community is adjacent to the Seminole Golf Club, according to the paper.
Who has the listing, and has it sold?
Paul Kaneb and James Kenny of K2 Realty have the listing, The Real Deal reports. The paper describes a listing and ask, not a closed sale. The listing notes the oceanfront estate is prime for a teardown or expansion, according to TRD.