Waterfront Luxury Estate Listed at $39.5 Million Showcases Breathtaking Design and Timeless Elegance in Coral Gables
A Rare Offering in Coral Gables Real Estate
Tucked behind the guarded gates of Gables Estates, 540 Leucadendra Dr presents a rare opportunity in Coral Gables real estate: a modern, architect-driven waterfront estate listed at $39.5 million. Built in 2018 to exacting standards and designed by Hugo Mijares, the residence occupies just under an acre and delivers more than 12,000 square feet of refined interior living that emphasizes indoor-outdoor flow, panoramic water vistas, and luxury systems that modern buyers expect. From the first approach, the property reads as both a private refuge and an entertainer’s dream, a combination that keeps demand high for any Coral Gables home for sale of this scale.
Property Overview & Transaction History
The home at 540 Leucadendra Dr combines sweeping spaces with a considered footprint: the principal living areas are organized around a dramatic double-height foyer crowned by a spiral staircase and an elevator, while floor-to-ceiling impact glass frames canals that lead to Biscayne Bay. The primary residence includes eight bedroom suites and eleven bathrooms, with roughly 12,292 square feet of conditioned space and an additional footprint that brings the total built area to approximately 15,000 square feet.
The lot offers about 200 feet of water frontage and almost a full acre of lushly landscaped grounds. Public records show a layered transaction history – a 2015 sale at $6.2 million followed by a redevelopment that led to multiple listings and adjustments over subsequent years – and the current asking price reflects both the home’s architectural pedigree and the scarcity of comparable properties in Gables Estates.
Design, Interiors & Technical Features
Inside, the Coral Gables real estate reads as a study in contemporary luxury balanced with tactile materiality. A double-sided marble fireplace anchors the principal entertaining rooms, while custom millwork and integrated walk-in storage speak to an attention to detail more often found in bespoke residences. The chef’s kitchen, with its dual islands and professional appliances, opens to terraces through oversized glass panels so that cooking and conversation remain connected to the landscape.
The primary suite is arranged to maximize privacy and light, with dual walk-in closets, a spa-like bath clad in book-matched stone, and sliding doors to a private terrace that looks over water. Functionally, the house is equipped with Crestron smart-home automation, a full-house generator, high-impact doors and windows, and a four-car garage with electric vehicle charging – systems that align the property with the expectations of well-travelled buyers in the Florida ultra-luxury bracket.
Outdoor Living & Waterfront Amenities
540 Leucadendra Dr’s exterior spaces are conceived for both repose and large-scale entertaining. An infinity saltwater pool and spa sit within layered terraces and tropical planting, creating a sense that the pool extends into the canal beyond. A built-in summer kitchen and barbecue station make alfresco meals effortless, while multiple covered and open terraces provide varied settings for morning coffee, sunset cocktails, or formal dinner parties.
The nearly 200 feet of waterfront frontage provide immediate access to boating and the open water, an essential attribute for many buyers seeking a home in Coral Gables for sale with serious marine capability. Guest quarters, a gym, office spaces, and secure service areas further enhance the property’s suitability as a primary residence or second home for a family with active domestic needs.
Location, Community & Lifestyle
Set within Gables Estates No. 2, the address benefits from a level of privacy and prestige that is difficult to replicate elsewhere in Coral Gables. The enclave’s sea-walled canals, mature canopy trees, and a tradition of large lots support a lifestyle of discretion and leisure. Residents value proximity to cultural institutions, fine dining, and high-end shopping – Merrick Park and Miracle Mile are a short drive away – while convenient access to Miami International Airport and major thoroughfares keeps the global city within easy reach.
Excellent local schools, golf at the Biltmore, and a strong homeowners’ association focused on security and maintenance combine to sustain the long-term desirability of the neighborhood and the relative resilience of Coral Gables real estate values.
Agent Voices & Luxury Houses Magazine Insight
Representation for the listing is led by Judith Zeder and Nathan Zeder of Coldwell Banker Realty, who each emphasize quality and livability in their remarks about the property. “This estate was envisioned as a private retreat where every space, from the chef’s kitchen to the grand salon, could host both intimate family moments and large-scale celebrations,” Judith Zeder told Luxury Houses Magazine, underscoring the home’s dual purpose.
Nathan Zeder added, “From the moment you enter through the impact glass foyer, your eye is drawn through vistas of water, glass, and sky,” highlighting the deliberate sightlines that structure the architecture. In a brief exchange about materials, Hugo Mijares noted to Luxury Houses that the selection of stone, wood, and impact glazing was driven by both aesthetic and climatic considerations, aiming for enduring beauty and resilience.
Luxury Houses reached out to the owner for further comment on landscaping and sustainability strategies but received no additional statement prior to publication, a reflection of the privacy standards many residents maintain in this enclave.
SEE MORE: $6.4 Million Windermere Lakefront Estate Delivers Unmatched Elegance and Ultimate Luxury Living
Why This Coral Gables Home for Sale Stands Out
What separates 540 Leucadendra Dr from other high-end offerings is the synthesis of site, systems, and design. Few newer builds in the market combine nearly an acre of prime waterfront, direct ocean access, a considered modern aesthetic, and robust technical infrastructure with the privacy of Gables Estates. For buyers searching for a signature home in Coral Gables for sale, this property delivers an ownership experience that supports both a full family life and a calendar of entertaining. The home’s transaction history also points to the value uplift that comes from justified reinvestment and careful stewardship, reinforcing its appeal as an asset as well as a residence.
Viewing & Contact Information
Serious inquiries and private showings are coordinated through the Zeder Team at Coldwell Banker Realty; the listing is actively marketed and accompanied by a full set of imagery and virtual tour assets. Prospective buyers who value architecture, waterfront access, and a refined privacy can review the complete listing details and request a private tour through the agent portal.
Luxury Houses Magazine is an editorial platform dedicated to global high-end real estate and architecture, offering market coverage, design insight, and authoritative listings for discerning buyers and industry professionals. To know more about this property, view on Zillow listing.
For inquiries or to schedule a private showing, please contact:
Judith Zeder
305-613-5550
Coldwell Banker Realty
Nathan Zeder
786-252-4023
Coldwell Banker Realty
* 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*
More Homes in Florida here:
- Pinnacle of Coastal Luxury: $15.9 Million Highland Beach Oceanfront Estate with Private Beach Access
- $20 Million Frenchman’s Creek Waterfront Estate in Palm Beach Gardens with Timeless Luxury and Spectacular Golf Views
- Exclusive 6 Bedroom Luxury Estate with Resort Style Pool and Private Gym in Palm Beach Gardens for 7 Million
- $19.8 Million Spectacular South Tampa Golf-Front Estate with Luxury Amenities
