Ellison has listed his 2.62-acre compound on the east shore of Lake Tahoe. The property, located in Glenbrook, Nev., was originally meant to be his primary home at Tahoe. But he had the chance to build an estate on the north shore of the lake—it is scheduled to be finished this year—so he is selling the Glenbrook compound, Mr. Ellison has created a 7.6-acre compound with about 420 feet of lake frontage at the north shore’s Incline Village
The Glenbrook property includes a 9,242-square foot main house with six bedrooms, eight full bathrooms and one half-bathroom He spent three years remodeling it “from the studs up, There is a soundproof screening room, a gym, a billiard room, a library and a sauna. The master-bedroom wing has two dressing rooms and two bathrooms, each with a handcrafted wooden ofuro, a Japanese soaking tub.
The property sits on 230 feet of lake frontage with a private white-sand beach, two piers, a floating dock, two buoys and a rock breakwater. A 426-square-foot lakeside cabana has a sun deck and a built-in barbecue on the roof. Nearby, a hot tub also looks out over the lake.
The location on the east shore of the lake is known as a “banana belt” because it gets so much sun,. Many of the nearby properties are large family estates that are passed down from generation to generation, and rarely come on the market.
Mr. Ellison assembled the Glenbrook property over three years. In 2006, he paid $11.7 million for the main house and 1.6 acres. He then paid $3.3 million for two additional parcels in 2009. Mr. Ellison’s other Tahoe holdings include not only his Incline Village compound, but also another 12.6-acre estate in Glenbrook. This second Glenbrook property involved three different deals on which Mr. Ellison spent $29 million