A Mediterranean-style estate in Coral Gables, Florida, has hit the market with a $148 million price tag. Located at 8901 Arvida Lane, the property spans 2.38 acres within the exclusive, guard-gated Gables Estates community.
Designed by architect Rafael Portuondo, the residence showcases classical proportions, barrel-tile roofs, and elegant archways. Inside, the 14,000-square-foot home features six bedrooms, nine full bathrooms, and three half bathrooms.
Prime Waterfront Location
The estate’s standout feature is its 245 feet of deep-water frontage along a tranquil lagoon, offering direct access to Biscayne Bay. A 90-foot dock allows for unobstructed boating without fixed bridges, a rare advantage for larger vessels.
Grand Interiors and Outdoor Spaces
Inside, the home blends formal elegance with inviting spaces. Vaulted ceilings reach up to 25 feet, while marble and wood flooring, coffered ceilings, and groin-vaulted arches add refinement. A double-height living room and formal dining room with a temperature-controlled wine room cater to entertaining.
The kitchen features Wolf and Sub-Zero appliances, and a family room with exposed-beam ceilings and a full bar offers a casual retreat. Additional amenities include a home theater, billiard room, two offices, and a private chapel with custom woodwork and stained glass.
The primary suite serves as a private sanctuary, featuring a sitting area, balcony, wet bar, dual walk-in closets, and an onyx-appointed spa bathroom. Staff quarters and laundry facilities add functionality.
Outside, the estate’s tropical gardens house over 600 species of palms, trees, and plants. A mosaic-tiled swimming pool, classical sculptures, and formal landscaping create a European ambiance. Covered terraces and a summer kitchen extend the home’s entertaining capabilities, adopting South Florida’s outdoor lifestyle.
A detached waterfront fitness pavilion includes a bathroom and an upper-level sun deck with a hot tub, offering relaxation with water views.
Distinctive Architectural and Natural Elements
The property combines extensive waterfront frontage, established tropical gardens, and Mediterranean architecture. These features set it apart in Coral Gables’ luxury residential market.
Guest Villa and Modern Features
A separate guest villa, connected by a covered loggia, provides independent accommodations with a living room, dining room, kitchen, and en-suite bedroom. The main house includes an elevator, impact-resistant windows, an eight-zone air-conditioning system, Lutron lighting, and an air-conditioned four-car garage.
