1840 S Bayshore Ln Miami – $24 Million Fairytale Waterfront Estate with Timeless Luxury

Date of Publishing: September 6, 2025

In the heart of Coconut Grove, one of Miami’s most prestigious enclaves, stands a residence that looks as though it has been plucked from the pages of a European legend. Listed at $24 million, the estate at 1840 S Bayshore Ln is a masterpiece where Gothic grandeur and modern sophistication coexist in breathtaking harmony. With 12,863 square feet of living space, five bedrooms, and seven bathrooms, this home transcends conventional luxury, offering a rare blend of architectural artistry, bespoke craftsmanship, and waterfront living that defines the essence of Miami real estate.

Luxury waterfront estate at 1840 S Bayshore Ln Miami, a $24 million Coconut Grove home for sale with Gothic design, infinity pool, and bay views.

A Landmark of Design and Craftsmanship

Built in 2009 and designed by architect Ralph Portuondo, the residence is both imposing and inviting. The dramatic Great Hall sets the tone, with 30-foot vaulted ceilings, stone fireplaces, antique stained-glass windows, and French cast bronze chandeliers. Underfoot, Jerusalem stone floors create a sense of timeless solidity, while light pours through intricate glass panels to illuminate textures and details that reveal the home’s singular identity.

Every corner of the property has been envisioned with detail. From the La Cornue chef’s kitchen – a culinary workspace that doubles as a design statement – to the custom elevator, rooftop sundeck, and keystone-edged infinity pool, the residence embodies bespoke luxury. Outside, landscaping by Fernando Wong, Murano chandeliers by B.F. Signoretti, and custom metalwork fencing by Belt Designs elevate the property into a fully curated environment where art, architecture, and landscape merge seamlessly.

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Living in Coconut Grove

Location is one of the property’s greatest assets in Florida. Coconut Grove, long recognized as Miami’s cultural and residential jewel, offers a unique blend of history, sophistication, and lifestyle. Nestled within the Tenzer Plat subdivision, the estate enjoys proximity to elite private schools, boutique shopping, fine dining, and marinas that serve Miami’s vibrant boating community. The property sits on a 0.27-acre lot with 65 feet of bay frontage, offering ocean access with no fixed bridges, ideal for yacht owners and boating enthusiasts alike.

For residents, Coconut Grove’s appeal lies not only in its lush tropical landscape but also in its accessibility. Downtown Miami and Brickell are just minutes away, and the neighborhood continues to attract global buyers seeking a balance of urban convenience and natural serenity.

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Architectural Elegance and Distinctive Features

The home is best understood as a sequence of experiences. The Great Hall provides drama and scale, while private rooms, including the den, library, and family room, balance grandeur with intimacy. A cement dock and multiple terraces connect the home to the bay, ensuring water views are always in sight.

Among the most distinctive features are the independent nanny quarters with a full kitchen and a 3,000-square-foot unfinished basement, which offers flexibility for customization. Whether transformed into a wine cellar, wellness center, or art gallery, the space invites the next owner to leave their personal imprint on the estate.

The design integrates modern comforts – central heating and cooling, built-in cabinetry, and advanced appliances – while maintaining the visual poetry of a Gothic-inspired castle. As Portuondo explained in an interview with Luxury Houses Magazine, “Our goal was to craft a residence that carries the gravitas of European history while celebrating Miami’s light, air, and openness.”

Transaction History and Value Trajectory

The story of 1840 S Bayshore Ln is also one of enduring value. Originally sold in 1993 for $750,000, the property changed hands again in 2000 at the same price. By 2016, it commanded $5,936,000, reflecting Coconut Grove’s rising prestige. In 2015 through 2020, the home appeared on the market multiple times, with price adjustments ranging from $7.9 million to $8.9 million, and even a rental listing at $30,000 per month in 2020.

In 2021, the estate was listed at $10,950,000, later selling for $10,000,000. Its current $24,000,000 listing in September 2025 (MLS#: A11861425) marks not only an appreciation in value but also recognition of its rarity in the Miami home for sale market. With an assessed value of $9,793,654 and an annual tax bill of $171,705, the property now represents one of Coconut Grove’s defining luxury assets.

As Lourdes Alatriste of Douglas Elliman, the listing agent, noted, “This residence is more than a home – it is a private landmark, combining Miami’s waterfront lifestyle with the craftsmanship of a European estate.” Her comments highlight the market positioning: exclusive, irreplaceable, and poised for global attention.

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The Allure of Miami Real Estate

Miami real estate has long been a magnet for international buyers, and properties like 1840 S Bayshore Ln epitomize why. Waterfront access, architectural distinction, and neighborhood cachet create a potent mix of desirability. Investors and end-users alike see home in Miami for sale not only as residences but as lifestyle statements.

The estate’s combination of bayfront views, bespoke interiors, and a location in one of Miami’s most storied neighborhoods ensures that it appeals to a broad range of high-net-worth buyers. As another architect quoted in Luxury Houses Magazine put it, “In Coconut Grove, the dialogue between architecture and nature is paramount. 1840 S Bayshore Ln is an essay in how design can celebrate both heritage and environment.”

Conclusion: A Castle by the Bay

1840 S Bayshore Ln is more than a luxury listing – it is an architectural narrative of ambition, artistry, and timeless elegance. At $24 million, it represents the pinnacle of Miami home for sale, offering not just a place to live but a cultural landmark that embodies the identity of Coconut Grove.

For those seeking the rare, the bespoke, and the enduring, this estate is a once-in-a-generation opportunity. As one final comment from Portuondo to Luxury Houses Magazine reminds us, “Luxury is not measured in square footage or price alone – it is the ability of a home to inspire, to transport, and to endure.”

Further details, View the full listing on Zillow.

For inquiries or to schedule a private showing, please contact:

Lourdes Alatriste
305-926-5322
Douglas Elliman

* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*

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A $24 Million Fairytale Waterfront Estate Offering Timeless Luxury in Miami’s Coconut Grove