$38 Million Spectacular Waterfront Estate Redefines Coastal Mediterranean Luxury in Coral Gables
The newly listed estate at 550 Marquesa Dr is emerging as one of the most architecturally refined waterfront offerings currently available in the Coral Gables real estate market. Priced at $38 million, this exceptional home in Coral Gables for sale is located inside the exclusive guard-gated community of Old Cutler Bay in Coral Gables, Florida, an area long recognized for its deep-water canals, privacy, and proximity to Miami’s premier lifestyle destinations.
Built in 2019, this property spans approximately 7,237 square feet of interior living space and 11,589 square feet in total structure area, offering six bedrooms and nine bathrooms across a thoughtfully designed two-level layout. Positioned on nearly half an acre with 140 feet of wide canal frontage and direct bridge-free access to Biscayne Bay, the residence reflects the continued demand for elite waterfront estates within the upper tier of the Coral Gables home for sale segment.
According to listing agents Judith Zeder and Nathan Zeder of Coldwell Banker Realty, the property was designed to deliver a seamless connection between architecture, landscape, and waterfront lifestyle.
“This residence captures the essence of modern coastal Mediterranean living while maintaining a timeless architectural identity,” Judith Zeder told Luxury Houses Magazine. “Every space inside this home was planned to maximize natural light, water views, and indoor-outdoor functionality.”
Coastal Mediterranean Architecture
The architectural expression draws inspiration from Coastal Mediterranean influences, blending traditional materials with contemporary spatial scale. The home’s exterior incorporates coral stone textures, symmetrical proportions, and expansive covered terraces that stretch across the canal-facing façade, reinforcing the connection between the residence and its waterfront setting.
A dramatic entry sequence introduces visitors to this house through a tranquil koi pond and soaring vertical interior volumes accented by exposed structural beams. Limestone and natural wood flooring run throughout the primary living areas, while custom millwork adds a refined level of craftsmanship that elevates the home beyond standard luxury construction.
Nathan Zeder explained that the spatial planning inside this property was designed to create openness without sacrificing warmth or intimacy. “The architecture balances grand entertaining with everyday livability,” he said. “That balance is one of the reasons properties like this continue to perform strongly in the Coral Gables real estate market.”
Multiple oversized terraces and upper-level balconies create layered outdoor living zones, allowing this house to function equally well for private relaxation or large-scale gatherings. This architectural approach reflects a broader trend seen across the Coral Gables home for sale market, where buyers increasingly prioritize flexible lifestyle spaces.
SEE MORE: Stunning $10.2 Million Newly Built Waterfront Masterpiece with Panoramic Gulf Views in Marco Island
Resort-Style Outdoor Living Enhances the Waterfront Experience
Outdoor living plays a central role in the design of 550 Marquesa Dr, transforming the property into a resort-caliber environment tailored to South Florida’s year-round climate. The backyard showcases an infinity-edge saltwater pool enhanced by a Baja ledge and decorative fountain bubblers, creating a visual focal point framed by manicured landscaping and coral stone decking.
The outdoor entertaining environment also includes a fully equipped summer kitchen and multiple covered dining terraces overlooking the canal. These spaces allow residents to experience seamless transitions between indoor and outdoor living while maintaining unobstructed waterfront views.
An 80-foot private dock further defines the lifestyle appeal of this estate, providing direct access to Biscayne Bay without fixed bridges. This boating accessibility remains one of the most valuable features driving demand in the Coral Gables real estate sector, particularly among luxury buyers relocating from other coastal markets.
“Waterfront estates at this level must deliver more than just views,” she explained. “At 550 Marquesa Dr, every terrace and outdoor feature contributes to a cohesive lifestyle concept.”
Luxury Houses Magazine reached out to the listing team for additional insight into the outdoor design approach at 550 Marquesa Dr, noting the strong emphasis on layered entertainment spaces. According to Judith Zeder, the exterior planning was intentionally structured to create multiple experiences rather than a single focal gathering area.
Bespoke Interiors Showcase Craftsmanship and Designer Materials
Inside this house, the interiors reflect a curated blend of craftsmanship and modern luxury detailing. The chef’s kitchen serves as one of the most visually striking spaces in the residence, anchored by a rare Blue Agate island complemented by custom cabinetry and professional-grade appliances. The illuminated wine cellar adds a dramatic architectural element while reinforcing the entertainment-focused design narrative.
The primary suite occupies a private upper-level wing and features vaulted shiplap ceilings, expansive canal-view terraces, and a spa-inspired marble bathroom designed to evoke a boutique resort atmosphere. A couture-style dressing room further enhances the suite’s luxury appeal, aligning with expectations seen across the premium home in Coral Gables for sale category.
Integrated smart home technology allows residents to control lighting, climate, and security systems throughout the house, supporting the growing demand for automation in the modern Coral Gables real estate landscape.
Nathan Zeder noted that the interior finishes were selected to maintain long-term design relevance. “The materials inside 550 Marquesa Dr were chosen for both visual impact and durability,” he told Luxury Houses Magazine. “Buyers today want timeless design rather than short-term trends.”
Property History Reflects Long-Term Value Growth
Public records indicate that the property site last sold in 2016 for $4.1 million before the current residence was constructed in 2019. Since completion, this residence has benefited from continued appreciation across the waterfront segment of the market, which has experienced strong demand driven by limited inventory and increased migration into South Florida luxury markets.
Luxury Houses attempted to contact the current ownership entity for additional background regarding the development timeline and architectural planning but did not receive a response prior to publication.
The price positioning reflects broader valuation trends across the Coral Gables Home for sale segment, where newly constructed waterfront estates have consistently achieved record pricing over the past several years.
Prime Location Strengthens Lifestyle
Beyond its architectural significance, 550 Marquesa Dr benefits from its location near major lifestyle destinations throughout the greater Miami area. Residents enjoy convenient access to upscale dining corridors, private yacht clubs, luxury retail centers, and top-rated private schools, all within a short drive of the property.
Judith Zeder emphasized that location remains one of the most important drivers of value. “Properties like 550 Marquesa Dr are increasingly rare,” she said. “Buyers are looking for privacy, boating access, and architectural quality all in one offering.”
Connectivity is another advantage for buyers considering this property, as the residence sits near key transportation routes including Old Cutler Road and US-1, allowing efficient travel to downtown Miami and surrounding coastal communities. This balance between privacy and accessibility continues to elevate the desirability of waterfront estates across Coral Gables Real Estate.
550 Marquesa Dr Represents the Evolution
As luxury buyers continue to prioritize design quality, waterfront access, and lifestyle flexibility, 550 Marquesa Dr stands as a defining example of how modern estates are reshaping expectations within the Coral Gables Real Estate market. From its Coastal Mediterranean architecture to its resort-style outdoor environments and bespoke interior craftsmanship, the property reflects the evolving standards of high-end residential design.
With limited inventory at the top end of the Coral Gables Home for sale segment, 550 Marquesa Dr enters the market as both a lifestyle property and a long-term investment opportunity. The combination of architectural scale, waterfront positioning, and curated finishes ensures that this property will remain a standout listing among premier Home in Coral Gables for sale opportunities throughout South Florida. To know more information 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*
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