As Manalapan, Florida, becomes a magnet for the ultra-rich, fueled by billion-dollar deals, another stunning property has hit the market — this time for $25.95 million.
Following the recent purchase of Eau Palm Beach Resort & Spa by tech titan Larry Ellison, this oceanfront property offers more than just luxury living; it includes an exclusive membership to Ellison’s resort, putting the new homeowner one step closer to the Oracle founder himself.
The large residence at 1840 South Ocean Blvd. spans an impressive 12,378 square feet, with eight bedrooms, 10 full bathrooms and one half bath.
Listed by Gary Pohrer and Nick Malinosky of The Exclusive Group at Douglas Elliman, the estate is a testament to opulence, boasting a resort-style pool that literally runs underneath the house, offering unparalleled ocean views.
What really sets this property apart is its location.
Situated on nearly 2 acres with 150 feet of ocean and intercoastal waterfront, the property offers sweeping water views from nearly every room.
“This is an oceanfront inland complex like no other,” the listing says.
The house includes terraces, balconies and manicured lawns perfect for those who enjoy outdoor living.
For boaters, the property features a large dock, a new seawall and easy access to the ocean through nearby inlets.
The luxury benefits don’t end there.
“As if living at this stunning property wasn’t enough, Ellison’s exclusive Eau Palm Beach Resort membership really takes this to the next level,” according to the listing.
And if you’re looking for a notable neighbor, Ellison himself lives down the street at 2000 S. Ocean Blvd., cementing his role as Manalapan’s unofficial mayor.
This property has also recently undergone significant upgrades including new flooring, brand new bathrooms, impact sliders and a cool wine room unit.
Outdoors, the estate offers a spa-like pool, lush landscaping, and a massive lawn that overlooks 150 feet of pristine waterfront inland.
Ellison’s impact on the area has been nothing short of transformative.
The billionaire, with a net worth of $162 billion, according to Forbes, bought the famed Eau Palm Beach resort for an undisclosed price, though reports suggest the original asking price was more than $300 million.
The resort, a favorite for American aristocrats such as the Vanderbilts and Roosevelts, was sold by the Lewis Trust Group, which had owned it since 2003.
“We are delighted to know that Larry Ellison will value the resort and lead it to even greater heights,” said Simon Lewis, a director at the firm.
This isn’t Ellison’s first foray into Florida’s high-end real estate market.
Two years ago, he made a splash by buying a property in nearby Manalapan for a record $173 million, the highest sale price in Florida history.
Meanwhile, Billy Joel is in contract to sell his Manalapan estate, which was last listed for a whopping $49.9 million, The Post previously reported. But “The Piano Man” remains close, still owning a property in Boca Raton.
Ellison’s ever-growing real estate empire includes everything from luxury hotels in Malibu and Palo Alto to 98% of the Hawaiian island of Lanai, where he resides. As Ellison’s influence expands in the Sunshine State, it’s clear that Manalapan is quickly becoming the destination of choice for billionaires looking to live in paradise.
#Exclusive #Luxury #Florida #estate #lists #whopping #million #includes #membership #billionaire #Larry #Ellisons #exclusive #resort
Image Source : nypost.com