Larry Ellison, chairman of Oracle, has sold his Pacific Heights home at 2850 Broadway for $45 million. The transaction marks the highest-priced residential sale in San Francisco for 2025. The Wall Street Journal first reported the sale, while public records identified the buyer as 129 Broad LLC, according to the San Francisco Business Times.
Ellison originally purchased the property in 1988 for $3.9 million. The residence spans 10,742 square feet and features five bedrooms. It was initially designed by architect William Wurster in 1958 and underwent a redesign by Olle Lundberg in the early 1990s after Ellison acquired it.
The property is located next to another high-profile estate at 2840 Broadway, which Laurene Powell Jobs bought in 2024 for $71 million—a record that still stands as San Francisco’s most expensive home sale. Other notable residents on Billionaires’ Row include Nvidia CEO Jensen Huang and oil heir Gordon Getty.
Ellison is known for acquiring luxury properties across the country and internationally. In recent years, he purchased an estate in Manalapan, Florida, from Netscape co-founder Jim Clark for about $173 million and owns nearly all of Lanai island in Hawaii. Last year, he also acquired a lion safari property in Florida for $30 million.
This real estate transaction comes amid significant business developments involving Ellison’s family. His son David Ellison, president and CEO of Paramount Skydance, is currently engaged in a takeover attempt of Warner Bros. Discovery. Larry Ellison is supporting this effort with a personal guarantee covering $40.4 billion in equity financing. Last month, Warner Bros. Discovery announced an agreement to sell most operations to Netflix for $72 million; Paramount subsequently launched a rival bid totaling $108.4 billion.
###
