Just in case a palatial estate with one infinity-edge swimming pool isn’t enough to meet your needs, how about a 15,348-square-foot waterfront mansion with two pools — and a waterfall connecting them?
Villa Magnolia, a gated Neoclassical home built in 2008, offers that and more. Located at 182 Bal Bay Drive on 221 feet of water frontage on Biscayne Bay in tony Bal Harbour, the home has eight bedrooms, 11 baths, a rotunda foyer with a 40-foot ceiling, a two-sided staircase with white gold-leaf banisters, a third-level rooftop entertaining terrace, an 850-bottle wine room, a gourmet kitchen with a built-in, 750-gallon aquarium, a movie theater and a glass elevator.
It’s listed for $35 million, making it the highest-priced listed home in Bal Harbour right now, although a vacant 1.8-acre waterfront parcel at 200 Bal Bay Drive was recently listed for $65 million.
“Villa Magnolia is without a doubt a very special property,” said Jill Hertzberg, a real estate agent with The Jills Zeder Group of Coldwell Banker Realty, who holds the listing with colleague Jill Eber. “It’s located inside a guard-gated community with its own police force and marina and sits on a cul-de-sac, making it the perfect home for people who crave a private and safe environment.”
The house, which is being sold furnished, also has a fireplace, a backlit onyx bar and an outdoor summer kitchen. One of the pools is located on the second floor, on a balcony outside the master bedroom. It has a waterfall that flows into the main pool on the ground level.
Bal Harbour Village, which celebrated its 70th anniversary in 2016, was founded by Robert C. Graham and is one of only two Miami-Dade municipalities — along with Coral Gables — built with a fully conceived master plan in place, according to the village website.
“Bal Harbour provides a peaceful year-round coastal living lifestyle for families, while also offering a vibrant shopping and dining scene,” Hertzberg said. “The village is home to Bal Harbour Shops and some of Miami’s finest resorts and hotels.”
The current owner of the property, a limited liability company, purchased it in October 2013 for $13.05 million. Hertzberg said the owners are using it as a vacation home and “have properties in other cities and countries and feel it is time to sell.”
