Gables Estates, Coral Gables
Gables Estates is one of most exclusive gated waterfront communities in the world and is considered the top neighborhood for ultra-luxury buyers looking for waterfront estates in the Coral Gables area.
Located on the beautiful shores of Biscayne Bay at the southern edge of Coral Gables, Gables Estates features deep water, sea-walled waterways that wind through the community surrounded by lush tropical landscaping and foliage. Gables Estates is one of the most prestigious addresses in South Florida and truly offers an unparalleled lifestyle.
Developed in the 1960s by renowned industrialist Arthur Vining Davis, Gables Estates consists of just 170 Miami waterfront homes for sale. With private patrols and 24-hour security, the private and gated community is closely guarded and provides the highest level of protection and privacy for its residents. This security includes 24/7 armed guards at both entrances and exits, 24-hour patrol cars, and surveillance and state-of-the-art cameras, including night vision.
The homes in Gables Estates range from palatial Mediterranean style estates to modern minimalist designs and oftentimes properties start above $10M and can go up to $50M. With a few exceptions, all of the homes are located on large waterfront lots of at least an acre. Many of the homes have unobstructed views over the open waters of Biscayne Bay and the homes located on the inlets and canals are just a short distance to the open ocean with no bridges.
Most of the homes in Gables Estates are extremely large with the majority of the homes being well over 10,000 Sq.Ft. situated on expansive waterfront lots.
Luxury Homes For Sale in Gables Estates
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Gables Estates Club
Potential residents of Gables Estates are required to join the Gables Estates Club when purchasing a home. The homeowners association process requires a non-refundable $100,000 deposit, a thorough background check and financial background check. The annual HOA fee at Gables Estates is $7,500 per year which covers 24 hour security, landscaping of common areas, maintenance and salaries for staff.
Living in Perfection
Gables Estates is located at the southernmost section of Coral Gables, just off the scenic Old Cutler Road. It’s a short drive to the charming downtown Coral Gables and Merrick Park, where you can find great restaurants, boutiques and upscale shopping. Boutiques and cafes line Miracle Mile and Ponce de Leon Boulevard. Gables Estates is also an easy drive to Downtown Miami, Brickell, Design District and the Miami International Airport.
There are excellent public and private schools nearby and the University of Miami is just a short 15 minute drive away. In addition to the Miami-Dade public school district in Coral Gables, the area is also home to some of the best private schools in the country, including Gulliver Academy, French-American School of Miami and St. Thomas Episcopal Parish School.
Coral Gables Landmarks, Parks and Attractions
Coral Gables is home to tons of great activities and attractions for the entire family. From the award-winning Biltmore Hotel to the historic Venetian Pool, the city has an abundance of fun things to do.
If you love the outdoors, the picturesque Old Cutler Trail is a great place to take a hike or go for a bike ride. And the beautiful Matheson Hammock Park is a great way to the spend the afternoon, taking in the sights and sounds of Biscayne Bay. Other Coral Gables attractions include The Fairchild Tropical Botanic Garden, Actors’ Playhouse at Miracle Theatre and The Coral Gables Art Cinema.
The Coral Gables trolley is the perfect way to get around the city and is stops at many different points of interest. And best of all, it’s free. If you enjoy museums, the Coral Gables Museum in downtown Coral Gables is a wonderful way learn more about the city.
Notable Sales in Gables Estates
In the past few years, there have been some very substantial sales in Gables Estates. In September 2020, 150 Arvida Pkwy in Gables Estates sold for a whopping $33M. The 6 bedroom/ 7.5 bath majestic Tuscan-inspired villa, designed by Rafael Portuondo features the finest in finishes and smart technology. The home is situated on 62,000 Sq.Ft. boasting 200-feet directly on Biscayne Bay, plus another 200-feet on a protected inlet with a private dock and boat lift.
The entry foyer features a beautiful marble staircase that leads to the formal living room and adjacent office. The outdoor space boasts a covered patio including a summer kitchen and sitting area overlooking an infinity pool with a waterfall.
Another massive sale was located 90 Leucadendra Drive in Gables Estates which sold for $22M in July of 202o. The 9 bedroom, 9.5 bath home features 255-feet of water frontage with a 160-foot dock situated on the widest part of the canal. The home was built in 2017 and has over 11,600 Sq.Ft. of interior living space and is one of the best types of Miami waterfront homes available.
A more recent sale in Gables Estates was located at 601 Leucadendra Drive which sold for $14.5M in April 2021. The 9,640 Sq.Ft. home sits on a 70,542 Sq. Ft. lot and comes with 302 feet of waterfront, a private dock, and no bridges to Biscayne Bay.
Real Estate in Gables Estates
It’s pretty hard to find another place as lovely and private as Gables Estates which is why its considered one of the most prestigious addresses in all of South Florida. All of the properties and homes for sale on this website are updated daily. If you’re interested in oceanfront living, then 5 Miami waterfront homes on the beach gives you an inside look into some truly incredible homes directly on the ocean. If you would like more information about owning a property in Gables Estates, please get in touch with Josh Stein at +1 (305) 695-8257.
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