$148M Record Seeking Waterfront Coral Gables Estate with 245 Feet of Waterfront and a Private Chapel
Set on nearly 2.5 acres at the end of a lagoon in the guard gated neighborhood of Gables Estates, this sweeping waterfront residence is designed by celebrated architect Rafael Portuondo.
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Offering more than 14,000-square-feet of timeless European Revival style, interiors showcase groin-vaulted arches, 25-foot ceilings and expansive windows framing the gardens and water. The home includes six bedrooms, nine full and three half bathrooms.
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Credit: Become Legendary / ONE Sotheby’s International Realty
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Credit: Become Legendary / ONE Sotheby’s International Realty
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More than 600 species of palms, trees and flora surround the home, while 245 feet of deep-water frontage and an 86-foot dock provide direct access to Biscayne Bay with no bridges in between.
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Inside, find a temperature-controlled wine room, chef’s kitchen with Wolf and Sub-Zero appliances, full bar, media theater, billiard room and two private offices. The primary suite has its own terrace, sitting area, midnight bar, dual closets and an onyx-clad bath.
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Credit: Become Legendary / ONE Sotheby’s International Realty
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Beyond the main residence, a covered loggia leads to a private guest villa with its own living room, dining room and kitchen. There is a detached waterfront gym with a second-floor sun deck and a private chapel finished with custom woodwork and stained glass. There is a mosaic-tiled pool, marble deck, covered terraces and summer kitchen situated on grounds.
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Credit: Become Legendary / ONE Sotheby’s International Realty
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Miami is seeing a surge in $100 million-plus listings, with five single-family homes currently being publicly marketed above the nine-figure mark (500% increase since 2022). And that may only tell part of the story. At this level of the market, trophy properties often trade quietly or are tested off-market before ever reaching the public, meaning the visible inventory does not necessarily capture the full scope of activity.
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8901 Arvida Lane is listed for $148 million by Dennis Carvajal of ONE Sotheby’s International Realty.
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