America's Cup that year, with a dinner for one thousand guests and entertainment that included the Regimental Band of Her Majesty's Irish Guards, as well as Peter Duchin's band. Larry Ellison ownership (2010–present) In January 2010, the Beechwood Theatre Company was reorganized under the umbrella of the 501(c)(3) non-profit Beechwood Foundation as the Marley Bridges Theatre Company, and the Beechwood estate was sold for $10.5 million to Oracle Corporation co-founder Larry Ellison. Ellison, who was in Newport during the summer of 2009 for training with his BMW Oracle Racing team, is linked to a deed filed at City Hall that documents the $10.5 million sale of the 39-room mansion. Ellison reportedly spent over $100 million restoring the mansion and the other buildings on the estate to the condition that Richard Morris Hunt brought them in 1881, although as of August 2018 landscaping of the grounds had not begun. As of 2012, Ellison plans to convert the mansion's first floor into the "Beechwood Art Museum", displaying his collection of 18th- and 19th-century art. In December 2017, Beechwood was issued a permanent certificate of occupancy. In February 2019, it was reported that Ellison purchased the Seacliff home at 562 Bellevue Avenue (for $11 million), "thus giving him ownership of all four properties between Rosecliff and Marble House", which reunited the original 9-acre estate that William B. Astor Jr. had created in 1881. In popular culture Beechwood was featured in a second-season episode of Ghost Hunters, in which the TAPS team investigated claims of paranormal activity. References External links 1851 establishments in Rhode Island Art museums and galleries in Rhode Island Astor family residences Gilded Age Historic house museums in Rhode Island Houses completed in 1851 Italianate architecture in Rhode Island Museums in Newport, Rhode Island Richard Morris Hunt buildings Gilded Age mansions Larry Ellison