- Oracle cofounder Ed Oates is selling his Silicon Valley mansion for $12 million.
- Nestled in the hillside community of Portola Valley, California, the property features a nearly 7,000-square-foot main home, a pool house, and a two-story, standalone office that’s been converted into a professional recording studio.
- Oates was one of Oracle’s three original cofounders, but he left the company back in 1996.
- Below is a look around the four-and-a-half acre property dubbed the "Portola Valley Haven."
- Visit Business Insider’s homepage for more stories.
Oracle’s co-founder, Ed Oates, is selling his Silicon Valley mansion — and it’s a beauty.
Nestled in the hillside community of Portola Valley, California (which sits just west of Palo Alto, where Stanford University is located), the property features a nearly 7,000-square-foot main home, a pool house, and a two-story, standalone office that’s been converted into a professional recording studio. Oates, it appears, takes his music quite seriously.
As one of Oracle’s three co-founders, Oates is remembered in Silicon Valley lore for being the enterprise giant’s first project manager.
Read more: Where are they now? Look what happened to the co-founders of Oracle
Oates left Oracle in 1996 when the company had 20,000 employees. He had originally told CEO Larry Ellison that he would be "out of there" when the company reached 10,000.
Retired from the tech scene, Oates bought a high-end home theater store in Palo Alto, which counted Ellison and Steve Jobs as its customers. He sold the store in 1999.
Since then, Oates appears to have kept a lower profile, putting out a single with his band CHOC’D in 2015 (hence the recording studio) and sitting on the Board of Directors for the San Francisco Zoological Society.
His next moves are unknown, though one thing is for sure: to move into his Bay Area estate, dubbed by his realtor team as "Portola Valley Haven," it will cost you a pretty penny.
Here’s a look around the $12 million Silicon Valley estate of Oracle co-founder, Ed Oates:
The main house is nearly 7,000 square feet with five bedrooms and five full bathrooms. It has a two-car garage with an enclosed carport for three additional cars, just in case.
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The property, dubbed "Portola Valley Haven" by the real estate team, is said to have "the air of a dignified European estate.” In total, it stretches more than four-and-a-half acres.
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The property’s immaculate landscaping give its grounds the feel of an English garden.
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See the rest of the story at Business Insider
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Source: Business Insider – nbastone@businessinsider.com (Nick Bastone)