September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million

September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million

One of South Florida's most exceptional estates, located in Miami's vibrant Coconut Grove, has come onto the market for an impressive $135,000,000. Situated at 3585 Anchorage Way, the estate, named Banyan Ridge, encompasses 4.5 verdant acres and is divided into 10 parcels, featuring a unique multi-dwelling compound.

This stunning waterfront property boasts approximately 180 feet of Biscayne Bay frontage and includes multiple residences and amenities. The compound features two main homes, a guest house, a gym/spa, a guest POD, a waterfront cabana, two three-car garages, and a multi-level townhome ideal for a family office. The estate is beautifully landscaped with paved garden paths shaded by majestic banyan trees and lush foliage, offering a serene retreat in the heart of Coconut Grove.

Residence 1 includes four bedrooms, four and a half baths, both formal and informal living areas, a gourmet kitchen with high-end appliances, and a lagoon-like pool. Residence 2 features three bedrooms, four baths, and walls of glass that provide breathtaking views of Biscayne Bay and downtown Miami. The guest house offers three bedrooms, three and a half baths, a 20-person dining room, and historic fireplaces converted to gas.

Additional amenities on the estate include a family office townhome with two bedrooms, two and a half baths, a full kitchen, staff quarters, a tool shed, and a maintenance parking lot. The property also boasts multiple pools, gardens, an orchid house, and a 12,000 square foot dock with a boat lift.

The listing for 3585 Anchorage Way is represented by Lourdes Alatriste and Holly Parker of Douglas Elliman.

Have real estate questions or need tailored advice in Miami? Contact David Freed for professional insights and personalized services. 

September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million
September 2024 | 4.5-Acre Coconut Grove Waterfront Estate 'Banyan Ridge' Listed for $135 Million

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