Ellison's 2.62 acre, 9,000+ square-foot Lake Tahoe home is on the market for $28.5 million. It took him three years to build and includes a sound-proof screening room and Japanese soaking tubs in the master suite. There are six bedrooms and 8.5 baths.
The new house will be a 7.6 acre property.
Larry Ellison is known for collecting mansions. He has a few on Malibu's Carbon Beach, one in Newport, Rhode Island, and of course Porcupine Creek.
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