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Home » This $135 Million South Florida Estate Is Like Its Own Luxury Resort
Luxury Goods

This $135 Million South Florida Estate Is Like Its Own Luxury Resort

June 29, 2024No Comments3 Mins Read
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This 5 Million South Florida Estate Is Like Its Own Luxury Resort
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This is the first time the estate is ever being sold.

Travis Rummel

Few regions in the U.S. hold more appeal than South Florida, from Palm Beach and Fort Lauderdale to Miami’s many offerings. Each neighborhood in Miami has its own unique character, charm, and allure, but Coconut Grove is considered one of the most picturesque and affluent neighborhoods.

Known as The Grove, the area offers a more laid-back tropical vibe, filled with elegant charm, Banyan and palm trees, many green spaces along the water, and wild peacocks. It comes as no surprise, then, that Coconut Grove is a popular home for billionaires and celebrities. Should you have $135 million to spare, Coconut Grove’s most expensive home recently hit the market.

A living room.

Travis Rummel

Banyan Ridge Estate at 3585 Anchorage Way is a 4.5-acre estate comprising 10 parcels of land that was thoughtfully assembled over 25 years. This one-of-a-kind property is nearly impossible to recreate, making it a singular opportunity for those seeking a legacy estate. Called Banyan Ridge, inspired by the 100-year-old Banyan trees that anchor the estate, the property feels more akin to a luxury resort compound than a private residence. The property has 180 feet of water frontage with a 12,000-square-foot dock and boat lift, plus a waterfront cabana along Biscayne Bay. There are two primary homes, a guest house, and a family office/townhouse with a total of 13 bedrooms and 15 bathrooms. There are also two three-car garages, multiple pools, a gym/spa, many gardens, and an orchid house.

A guest house.

Travis Rummel

Residence 1 has four bedrooms, four bathrooms, and one powder room, as well as a coveted chef’s kitchen, prep kitchen, formal and informal living rooms, a wine cellar, wine bars, and a lagoon-like pool. There are also high-tech Lutron and Crestron systems and a primary suite with a private courtyard and outdoor shower. Vaulted ceilings and elegant interiors add timelessness to this airy home. The glass-wrapped residence 2 has three bedrooms and four bathrooms, plus a pool and far-reaching views of Biscayne Bay and downtown Miami. There’s also a family office/townhome that has two bedrooms and two bathrooms, particularly dedicated for staff, and a full kitchen, office area, conference room, and employee locker room.

A waterfall on property.

Travis Rummel

Finally, the guest house, complete with views of the waterfall, has three bedrooms, three bathrooms, and one powder room; a 20-person dining room; family room; historic fireplaces; artisanal finishes, like mosaic tiled floors, plaster ceilings; a massive kitchen for large-scale cooking; and a separate kitchenette. This private gated oasis, never before offered to the public, has meticulously landscaped grounds with meditation gardens sprinkled throughout, cascading waterfalls, a saltwater fish pond, and a dedicated orchid house.

A chic dining room.

Travis Rummel

Other amenities include a lap infinity pool, many terraces throughout the houses, and magical winding stone pathways. There’s ample lawn space and loungers overlooking the bay. Surrounded by lush and vibrant tropical plants, the property feels worlds away but is just a short drive from Coconut Grove’s charming town and Miami’s bustling city. The estate is also being sold with an additional seven parcels, should you want to create the ultimate multi-generational estate. It’s listed with Lourdes Alatriste and Holly Parker of Douglas Elliman.

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