An exclusive property in Coral Gables, Miami, nestled in a gated community and on a privately owned cul-de-sac, is currently available for a price of $69.9 million.
With ties to renowned pop music figures, the estate, owned by radio industry mogul Ral Alarcón, has welcomed celebrities like Shakira, Marc Anthony, Romeo Santos, and Emilio Estefan.
However, the standout feature remains its exclusivity. The home, located on a peninsula with water on three sides, offers unparalleled seclusion in the upscale neighborhood.
Represented by Saddy Abaunza Delgado and Valeria Kelly with ONE Sotheby’s International Realty, the property was featured in The Wall Street Journal this month.
Although it hasn’t fetched a Miami sales record, the 11,800-square-foot Tuscan villa-style residence is among Coral Gables’ highest-priced listings.
Should it sell at the asking price, it would set a local record. The impressive house comprises seven to eight bedrooms, a large kitchen, formal living and dining areas, and a family room on the ground floor.
The lower level boasts a 12-seat home theater with top-notch audio/visual equipment. Upstairs, four bedrooms, each with en suite bathrooms, await, along with a master suite and spa amenities.
The lush 2-acre lot houses a private marina, coral rock-encircled pool, half-basketball court, and Italian-style courtyard. Alarcón recalls hosting A-list celebrities like Shakira in the media room, outdoor spaces, and gazebo for sneak peeks of their work.
As the sun sets over the ocean, the luxurious villa comes alive with whispers of star-studded visits, igniting anticipation for nights filled with captivating melodies and vibrant rhythms. Under stage lights, Shakira’s voice enchants, leaving a timeless imprint on the villa’s history.