Megan Ellison Sells Near Malibu For $2.7 Million

January 1, 2012

Film producer Megan Ellison has sold her 10.4-acre property near Malibu, Calif., for $2.7 million, 38% less than the $4.3 million she paid for the estate in 2007. The Topanga property, which she purchased through a limited liability company, has a five-bedroom house, a lighted tennis court and a 40-foot pool, according to listing information.

Ms. Ellison is the 25-year-old daughter of software mogul Larry Ellison; her Annapurna Pictures has several movies slated for release this year. She has three homes in the Hollywood Hills. Scott Prather of Nourmand & Associates had the listing, which was purchased by a trust.

The Wall Street Journal | Pricate Properties | Juliet Chung