Friday, November 4, 2011

Real Estate: Multi-Bazillionaire Larry Ellison Lists Bay Area Horse Property (ORCL)

From the Real Estalker:

SELLER: Larry Ellison
LOCATION: Woodside, CA
PRICE: $19,000,000
SIZE: 5,850 square feet, 4 bedrooms, 3.5 bathrooms

YOUR MAMAS NOTES: Listen kittens, Your Mama may not be the sharpest knife in the drawer but we are neither a dumb bell with our fat head stuck in the sand. Like all of the rest of y'all, Your Mama is well aware of the heavy, wet blanket of weltschmerz that's settled over many and angrily gripped others of the world's citizenry.

At the risk of appearing far more flip than we actually are, we all have a cross to bear through both the best and ugliest of times. Our beast of burden, for better or worse, is the reportage–as it were–of the admittedly unimportant milieu of celebrity real estate. We confess our rather frivolous and superficially focused obsessions sometimes cause us a rash from extreme envy, soaring moments of financial aspiration, a bit of schadenfreude now and then and, yes, sometimes even a brutally paralyzing futility of purpose. Even so, and keeping in mind that one need not dwell 24-7 in the darkness and deficiencies of modern life to maintain a strong engagement with their moral compass, forward we march, our gold sneaker-shod feet following in our well-worn if shallow

Last week from the always jaw-dropping world of billionaire real estate came the news–or the "news" iffin you're so inclined to see it that way– that high-tech über-tycoon and residential real estate baller extraordinaire Larry Ellison has over the last few years dropped upwards of $100,000,000 on a trio of non-contiguous multi-parcel properties that ring the sensationally high-priced shoreline of Lake Tahoe. More on that here and later.

Mister Ellison, as real estate watchers the globe over well-know, appears frequently in all the real estate gossip columns for his prolific property purchasing ways and obvious penchant for insanely expensive and extraordinarily high-maintenance properties.

For many years Mister Ellison–now in his later sixties, deeply suntanned, gym-toned and worth an estimated 33 billion dollars–has made his home base in San Francisco and the Silicon Valley near the mother offices of his hyper successful hard/software company. (That would be data base management juggernaut Oracle in case any of y'all are completely ignorant of who Mister Ellison is.)...MORE