A Modern Sanctuary in Coconut Grove: Unveiling a $22.5 Million Masterpiece

Crafting a Coastal Escape

In the heart of Miami’s iconic Coconut Grove lies a bespoke residence that redefines luxury living. Recently sold for a remarkable $22.5 million, this estate at 4040 Kiaora Street is the brainchild of Sabal Development, a luxury residential developer renowned for its commitment to architectural excellence. This sale is not just a transaction; it’s a testament to the evolving landscape of Miami real estate, where modern design meets the lush beauty of tropical surroundings.

Architectural Elegance Meets Natural Harmony

The estate, designed and constructed by Sabal Luxury Builder, showcases an impressive 8,833 square feet of living space, offering six sumptuous bedrooms and eight opulent bathrooms. What sets this property apart is its ability to merge high-end architectural design with the serene natural beauty of Coconut Grove, as emphasized by Pascal Nicolai, the founder and CEO of Sabal Development.

“Our vision for 4040 Kiaora Street was to create a modern sanctuary that balances high-end architectural design with the natural beauty of the Coconut Grove canopy,” Nicolai remarked. This philosophy is evident in every aspect of the home, where soaring ceilings and expansive windows allow for an abundance of natural light, creating an inviting ambiance that seamlessly integrates the outdoors and indoors.

Interior Design: A Symphony of Nature and Luxury

Vitaliya Alkhovik, the mastermind behind the estate’s interior design, has curated a living space that feels like an extension of the surrounding landscape. Her approach combines organic textures with soft mineral palettes, ensuring that the interiors resonate with the vibrant environment outside. “The house sits inside a mature canopy, so the interiors had to feel like a continuation of the landscape rather than a contrast to it,” Alkhovik noted.

The result is a harmonious blend of gallery-scale volumes and warm, natural materials, which invites the tropics into every corner of the home. This meticulous attention to detail ensures that each room reflects not only luxury but also a sense of belonging within its lush setting.

A Lifestyle Tailored for Entertaining

For those who revel in hosting gatherings, this estate is nothing short of a dream. The layout encourages seamless transitions from indoor living spaces to an outdoor oasis, making it ideal for upscale entertaining. At the center of this outdoor paradise is a tropical heated pool and spa, surrounded by mature, verdant landscaping that offers both privacy and beauty.

Equipped with a covered summer kitchen and a designated outdoor kitchen cabana, the property is designed for culinary enthusiasts and entertainers alike. Whether it’s a casual barbecue or a sophisticated soirée under the stars, this estate provides an unparalleled backdrop for memorable moments.

Wellness and Leisure: The Modern Luxury Experience

Recognizing the importance of wellness in today’s luxury lifestyle, the estate includes a fully equipped private gym, catering to health-conscious residents. For leisurely evenings, a custom-designed movie theater offers a plush setting for cinematic experiences at home. Additionally, the property features a detached guest house, providing high-end accommodations for visitors while ensuring privacy.

The Legacy of Sabal Development

Founded in 2009, Sabal Development has established itself as a leading force in Miami’s luxury residential market. With a portfolio that spans Miami-Dade, Broward, and Palm Beach counties, the firm prides itself on its vertical integration, managing every aspect from land acquisition to final furnishing. This holistic approach ensures that each project meets the highest standards of quality and design.

As the Miami real estate market continues to thrive, the sale of this Coconut Grove estate serves as a striking example of the demand for meticulously crafted homes that offer a blend of sophistication and natural beauty. With developments like these, Sabal Development is not just shaping the skyline but enriching the lifestyle of its residents.

Editorial note: This article was created by A Bit Lavish Miami’s Magazine as an original editorial reinterpretation based on publicly available reporting. Original source: profilemiami.com. Read the original article here: https://profilemiami.com/miamirealestate/2026/8/3/sabal-development-sells-contemporary-coconut-grove-estate-for-225-million.
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