$68M Waterfront Estate in Coral Gables Is Most Expensive New Listing


A contemporary waterfront estate in Coral Gables, FL, on the market for $68 million is this week’s most expensive new listing on realtor.com®.

If no buyer steps up to pay full price, the mansion is set to be auctioned off March 19–22 by Concierge Auctions, with no reserve price.

Built in 2017 on 1.24 acres, the 14,000-square-foot home has nine bedrooms and 12 baths. With a dramatic triangular lot, the mansion features water on two sides. At the tip of the property is a mosaic pool designed by Estudio Arqué.

The 574 feet of water frontage includes a private dock on a canal closest to Biscayne Bay. The dock can easily host “the largest of yachts,” the listing notes. And we’re guessing the largest of parties.

Foyer with double staircase


Dining room


Front door and wet bar


Living room with water views


Terrace overlooking the pool


Chef’s kitchen


Enter the gated property into a chandelier-lit foyer, which doubles as sculpture. The foyer transitions to a sleek interior bar, which opens to terraces with views of the bay to the Atlantic Ocean.

The furnished space features a double staircase, wide-plank hardwood floors, walls of glass, and sightlines to the ocean. The chef’s kitchen includes a breakfast room, Sub-Zero and Miele appliances, and a pantry. Other features include living and dining rooms, an office, a huge master suite with private terrace, captain’s quarters by the dock, and a staff suite.

Outside you’ll find a kitchen, covered dining area, and lounge area. The landscaping boasts mature palms.

Just 15 minutes from Miami, the exclusive coastal community of Coral Gables offers lush surroundings, as well as easy access to shopping, dining, and cultural events.

Last week, our priciest property was also in the exclusive enclave, asking $39.5 million. And a reported off-market deal in the Miami area broke local records with a sale price of $50 million.

Marc Hameroff of Engel & Voelkers Miami holds the listing.

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Source: Housing Trends Feed