arts
WeatherTech, Oracle billionaires pay $67M for slices of neighboring Manalapan land
By The Real Deal
· June 16, 2026
· 1 min read
Larry Ellison and David MacNeil are expanding their Manalapan waterfront turf after dropping a combined $67 million on portions of their neighbor’s land. Oracle’s Larry Ellison and WeatherTech’s David MacNeil bought the land from Florida real-estate developer Stewart Satter, who last year planned a
Key takeaway Oracle’s Larry Ellison and WeatherTech’s David MacNeil bought the land from Florida real-estate developer Stewart Satter, who last year planned a record-setting $285 megamansion on the 4-acre property, the Wall Street Journal reported.
Why this matters in The Miami
The recent land purchases by Larry Ellison and David MacNeil in Manalapan have significant implications for the local landscape. As billionaires with existing waterfront properties in the area, their expansion raises questions about the potential for further development and its impact on the surrounding ecosystem. Manalapan's proximity to Miami and its reputation as an affluent community make it an attractive location for luxury developments, but it also increases the risk of over-development and strain on local resources. The fact that Stewart Satter's plans for a record-setting megamansion on the property never materialized may be a blessing in disguise, given the potential environmental concerns and traffic congestion that such a project could have brought. As the area continues to attract high-end investors, it will be crucial to monitor how their activities align with the needs and concerns of the broader Miami-Dade community.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: June 16, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Larry Ellison and David MacNeil are expanding their Manalapan waterfront turf after dropping a combined $67 million on portions of their neighbor’s land. Oracle’s Larry Ellison and WeatherTech’s David MacNeil bought the land from Florida real-estate developer Stewart Satter, who last year planned a
When was this published? This article was first published on June 16, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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