Newport’s Seacliff property sold for $11M to Oracle founder Ellison

THE SEACLIFF PROPERTY at 562 Bellevue Ave., Newport, was sold to a California-based LLC controlled by Larry Ellison, founder of software company Oracle, for $11 million on Jan. 31, according to city records. / COURTESY CITY OF NEWPORT
THE SEACLIFF PROPERTY at 562 Bellevue Ave., Newport, was sold to a California-based LLC controlled by Larry Ellison, founder of software company Oracle, for $11 million on Jan. 31, according to city records. / COURTESY CITY OF NEWPORT
NEWPORT – An early 20th-century home along the city’s Cliff Walk was sold at the end of January for $11 million. Based on published reports…

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