One of South Florida's most unique estates in Miami’s hot Coconut Grove neighborhood has hit the market for a whopping $135,000,000. Located at 3585 Anchorage Way in Coconut Grove, the estate known as Banyan Ridge is a rare multi-dwelling compound spread across 10 parcels on 4.5 lush acres.
With its stunning waterfront location offering approximately 180' of frontage on Biscayne Bay, the property features multiple homes, outbuildings, and exceptional amenities. The compound includes two primary residences, a guest house, a gym/spa, a guest POD, a waterfront cabana, two three-car garages, and a multi-level townhome perfect for a family office. The structures are surrounded by paved garden paths lined with towering banyan trees and lush vegetation, providing a tranquil escape in the heart of Coconut Grove.
Residence 1 offers four bedrooms, four and a half baths, formal and informal living rooms, a showcase kitchen with high-end appliances, and a lagoon-like pool. Residence 2 offers three bedrooms, four baths, and glass-wrapped walls showcasing mesmerizing views of Biscayne Bay and downtown Miami. The property also includes a guest house with three bedrooms, three and a half baths, a 20-person dining room, and historic fireplaces converted to gas.
Additionally, the estate features a family office townhome with two bedrooms, two and a half baths, and a full kitchen, as well as staff quarters, a tool shed, and a maintenance parking lot. The property's amenities also include multiple pools, gardens, an orchid house, and a 12,000 square foot dock with a boat lift.
3585 Anchorage Way is listed with Lourdes Alatriste and Holly Parker of Douglas Elliman.
Images via Travis Rummel