Gables Estates
Arthur Vining Davis's subdivision on the Coral Gables shoreline
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About Gables Estates
Gables Estates was laid out by Arthur Vining Davis, the Alcoa chairman who had been buying Florida land since 1946 and who by the late 1950s held the largest block of private property in Dade County. The subdivision covers over two hundred acres of Coral Gables shoreline in numbered sections, with 192 lots on wide, deep, seawalled canals. Membership of the Gables Estates Club is a condition of buying. Alfred Browning Parker built one of his best-known houses here in 1963, at 140 Arvida Parkway, on two hundred feet of open bay.
By Mark Zilbert, Global Real Estate Advisor · updated September 2026
Zilbert features 4 single family homes for sale in Gables Estates today.
For Sale
4 single-family homes for sale in Gables Estates.
| Address ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 8901 Arvida LaneHome 6 bed · 12,490 SqFt | $148,000,000$11,849/SqFt | 9/29/269/29 |
| 641 Leucadendra DriveHome 8 bed · 13,193 SqFt | $78,000,000$5,912/SqFt | 7/29/267/29 |
| 190 Casuarina ConcourseHome 7 bed · 11,735 SqFt | $75,000,000$6,391/SqFt | 8/25/268/25 |
| 585 Arvida ParkwayHome 6 bed · 9,236 SqFt | $27,500,000$2,977/SqFt | 4/15/264/15 |
Pending Sales
Under contract, awaiting closing. Once the property has closed, the sold price will be available.
| Address ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|
| 9000 Arvida DriveHome 6 bed · 6,223 SqFt | $16,900,000$2,716/SqFt · ▼8.6% | 10/6/2610/6 |
1 home under contract in Gables Estates
Recently Sold Homes
Sorted by date.
| Address ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 8565 Old Cutler RoadHome SiteHome Site — bed · — SqFt | $41,625,000list $49,750,000 | 84% | 6/24/266/24 |
| 555 Arvida ParkwayHome 6 bed · 13,147 SqFt | $26,202,689list $29,950,000 | 87% | 5/29/265/29 |
| 665 Leucadendra DriveHome 5 bed · 7,698 SqFt | $24,250,000list $27,550,000 | 88% | 5/5/265/5 |
Map
Nearby
Averages are weighted as total dollars over total square feet. We calculate averages based on closed sales in the MLS for the past 12 months, as of June 24, 2026. Averages are based on properties that are listed or sold for $350,000 and greater. Additional reports at all price points are available here. Price-per-square-foot figures are rounded to the nearest dollar, up or down. Where fewer than 5 closed sales exist in the window, we report the count rather than an average.
| Homes · Avg Selling Price | 2 sales, too few to report |
|---|---|
| Asking today, all prices | $27,500,000 to $148,000,000 |
The page above reports from $350,000; this table has no price floor. Same 12-month window, same exclusions before 1990, same minimum sample of 5.