luxury house for sale Minnetonka Beach, United States

Gorgeous to-be-built home by James McNeal Architecture and Design, and built by Water Street Homes! Enjoy this stunning condo-alternative offering one-level living and an open floorplan showcasing beautiful water views at every turn! Tranquil lakeside Primary Suite with spa-like bath; junior suite; office; and 3rd bedroom/flex room. 3-car heated garage with epoxy floor. Breathtaking west facing setting offering unparalleled sunset views overlooking 100'+ of level rip-rap shoreline. A grade water quality. Adjacent fire lane creates an additional buffer! Build without elapsing time for design plans! Ideally located between Wayzata and Excelsior. Lot is open to all builders.

Exceptional Lake Minnetonka homesite offering 410 feet of prime shoreline on East Upper Lake. Ideally positioned in a quiet harbor in Orono, this 1.45-acre setting provides a rare blend of tranquility, privacy, and a central lake location. Remodel this older three bedroom, three-bathroom one story home and boat house, or build new. Open to all builders! Enjoy access to the lifestyle and amenities of both downtown Excelsior and Wayzata. Located in the Westonka School District. The Dakota and Minnetonka regional trails are just minutes away. Please do not enter the property without an appointment.

Bayview, an exciting new, warm contemporary design that may be modified to meet buyers satisfaction. The lot provides westerly views of Lake Minnetonka and northeasterly views of a wetland in the distance. Stunning, Architectural work provided by Alexander Design Group. All Main Level Living. Property is assigned to the award winning, Minnetonka School district. Outdoor Pool is optional. Contact Jyland Construction Management for detailed information and onsite meeting.

1480 Bracketts Point Road is arguably the most significant lakeshore offering currently available on Lake Minnetonka. Situated on approximately 2.64 acres with roughly 450 ft of shoreline - the largest frontage among our three Bracketts Point listings - this property occupies a position on the peninsula that delivers something no other site can: both east-facing sunrise views AND west-facing sunset views across the open waters of Lower Lake Minnetonka. The existing structure, a 12,334 gross sq. ft., 9-bedroom residence built in 1915, would benefit from serious improvements and could be a candidate for a teardown. Located in the award-winning Orono School District (278), the property is just minutes from downtown Wayzata. This property has enjoyed a rich history with its unparalleled location, scale, and dual-view orientation.

LAKE ACCESS! Magnificent setting. Magnificent home. This classic walk-out rambler spans across a majestic setting showcasing an extraordinary view of the marsh and pond of the Fox Hill Neighborhood on Lake Minnetonka. The stunning 5,400 square foot home is sighted perfectly on over one acre of level grounds. The architecture and natural setting are a reminder of why a rambler is chosen by discerning buyers so frequently. As you enter into the completely renovated foyer, kitchen, and family room you are greeted by open, airy, vast views afforded by the over-sized brand-new windows. Enjoy main-floor living with a spacious primary suite featuring a private balcony. The home features three gas fireplaces inside as well as a fire pit outside. A brand-new custom bar in the lower level is perfect for entertaining. Rarely does a property like this become available — complete with deeded access to Lake Minnetonka on Smith’s Bay. Whether you’re looking for peaceful lakeside living or a spectacular place to host, this home delivers both luxury and effortless style.

A unique Lake Minnetonka property with approximately 450 feet of total shoreline, close-in yet truly feels like a getaway. Nestled on a private road just east of Bohn's Point this beautifully reimagined soft contemporary home offers sweeping views of Crystal Bay and tranquil lagoon vistas. Inspired by the lake itself, this home has been completely transformed with unique details while also blending reclaimed wood with wrought iron and Cambria quartz with custom concrete sink for a refined yet inviting feel. Whether you enjoy cozy nights in, an elegant dinner party or large gatherings this home welcomes it and sets the stage for every event. If you're a cooking enthusiast this home will impress with not only a spacious kitchen, a lower-level prep kitchen and an expansive exterior kitchen with unforgettable views across the generous level lot leading to your lakefront. A bonus offering~ 2 primary suites, you have your choice of a main level primary or the upper-level suite with all the bells & whistles...both with lake views. Featured in the prestigious 2015 Artisan Home Tour, this property is more than a home-it's a lifestyle. A must-see for discerning buyers seeking a rare blend of elegance, comfort, and lakeside living.

Breathtaking Sharratt Design + John Kraemer & Sons collaboration offering a world-class combination of timeless architecture and modern amenities. The open flowing floorplan features floor-to-ceiling windows showcasing gorgeous water views overlooking 190' of lakeshore. Gourmet kitchen with formal + informal dining, high-end appliances, prep pantry and access to the screened-in porch. The primary suite offers a fireplace, private screened-in porch, spa-like bath (heated floors), and beverage/coffee bar. Additionally, the upper-level features four junior suites; bonus room; library and access to the rooftop deck offering panoramic lake views! The walkout lower-level was designed for entertaining with recreational area; wet bar; wine cellar; exercise room; sport court and movie theater! Additional features: main-level guest suite with fireplace; elevator to access all 3 levels; and heated 4-car garage. Serene 2.5+ acre estate setting on prestigious Bohns Point! Highly-rated Orono School District.

Landmark lakeshore estate on prime historic Bracketts Point Road. Astonishing once in a lifetime opportunity to own this totally remodeled home. Panoramic views of main lake - both East and West on this peninsula. Privacy, sweeping views of sail boat races, sunrises, sunsets and breezes galore. Measurements are approximate and not guaranteed. All buyers must be pre-qualified.

Completely reimagined inside and out in 2024, this extraordinary rambler is the ultimate private retreat and entertainer's dream, perfectly positioned in a serene setting with peaceful views of French Lake. Designed for seamless indoor-outdoor living, every space has been thoughtfully curated to create an unmatched experience for hosting, relaxing, and enjoying the natural surroundings. The open-concept main level is flooded with natural light and showcases soaring vaulted ceilings, expansive windows, and effortless flow throughout. At the center of the home is a stunning chef's kitchen featuring top-of-the-line Thermador appliances, custom finishes, and generous gathering spaces ideal for entertaining on any scale. The luxurious main-floor primary suite offers a true spa-like escape with dual closets and a beautifully appointed bath. A window-lined formal dining room, private office/den, and functional mudroom with built-in laundry complete the main level. Designed with entertaining in mind, the lower level offers the perfect extension of the home with a spacious family room, large game area, and an impressive full bar that opens seamlessly to the outdoor pool and patio spaces. Three additional bedrooms and three bathrooms all with in-floor heating provide exceptional comfort and flexibility for guests and family alike. Step outside into your own resort-style oasis surrounded by privacy and nature. The spectacular backyard was designed for unforgettable gatherings and year-round enjoyment, featuring expansive stamped concrete patios, a pool house with fireplace, under-deck outdoor bar with covered seating, extensive landscape lighting, built-in speakers, and multiple areas to lounge and entertain. With its scenic setting, exceptional privacy, and incredible indoor-outdoor amenities, this home delivers a truly one-of-a-kind lifestyle experience!

Welcome to 3271 Casco Circle - a stunning new construction home on the sought-after Casco Point Peninsula. Just steps from Casco Point Park and the neighborhood swim area, this 6-bed, 6-bath residence offers over 6,400+ sq ft of refined lakeside living with sweeping lake views throughout. Built by Omni Custom Builders, the home blends modern design with subtle Spanish influences. Highlights include a main-level Hearth Room with Venetian plaster fireplace, gourmet kitchen with Cambria countertops and commercial-grade appliances, a scullery for seamless entertaining & 2 laundry rooms. Elegant finishes such as Anderson windows, brass fixtures, and wrought iron railings enhance the home's warm character. Enjoy multiple outdoor spaces including a 4 season porch with fireplace and an oversized deck. Upstairs, the vaulted 820 sq ft Primary Suite features a spa-style bath, lake-facing rooftop deck, and private lounge. Each bedroom upstairs has its own ensuite bath and walk-in closet. The lower level lookout includes 10' ceilings, a gas fireplace, fitness room, guest suite, full bar, and a wine room. A 3-stall garage offers ample storage for all your lake toys. Casco Point offers a quiet, picturesque setting near top dining and shopping in Wayzata and Excelsior. With year-round recreation from boating to snowshoeing, this home delivers timeless design, modern luxury, and an unbeatable Lake Minnetonka lifestyle. Visit our model at 9414 US-12, Independence, to experience Omni Custom Builders' craftsmanship firsthand.

Rare opportunity to own this well-appointed home with panoramic views of Carman Bay. Sandy beach, gorgeous sunsets, level lot and close proximity to downtown Excelsior. 230 Birch Bluff Road is a grand Tuscan two story and boasts 8263 square feet including a 3-car garage with a separate shop and storage. Main floor kitchen has a large center island, generous workspace, and hearth room. 5 bedrooms and 8 baths. 2 Owner suites with 3 additional en-suite bedrooms along with main and upper-level laundry. The game room includes the 2nd kitchen, custom banquette, bar, and theater room. Also included is a Wine cellar, 4 gas fireplaces, top of the line appliances, built-ins, and coffered ceilings. Dock includes 2 boat lifts. Other exterior features include expansive stone patio surrounded by half wall with pergola, the 4th fireplace, 2 balconies and firepit overlooking the sandy beach. Newer upper-level owners suite was specifically designed with lake views and privacy in mind! A wall of windows, lounging area, private balcony, 2 walk-in closets, yoga/workout room. Please see supplement for more details about this exceptional property.

Welcome to the Hamptons on Lake Minnetonka! This landmark Cottagewood residence offers unparalleled finishes + details and 175' of lakeshore with private beach. Enjoy the world-class combination of timeless coastal architecture with modern amenities, thoughtfully executed to perfection! The flowing main-level features a lakeside sunroom; spacious office; formal dining room and gourmet kitchen enhanced with high-end appliances + prep/support area; all showcasing breathtaking views of Lower Lake. The upper-levels offer a large family room with deck overlooking the property and 5 bedrooms including the primary suite with spa-like bath, expansive walk-in closet and wall of windows looking out to the water! Bonus area with lounge, wine bar and home theater. Additional amenities: indoor sport court; exercise room; and incredible outdoor entertaining area with pool, cabana, bar area and built-in firepit! .81 acre setting meticulously landscaped to maximize privacy while enjoying all the features lake life has to offer! Just blocks to the Cottagewood store, parks and tennis courts. Truly a must-see! **24 hours' notice required for showings.**

Old Oaks - An iconic landmark estate on Lake Minnetonka, set on 2.9 private, park-like acres with 212 feet of gently sloping, south-facing sandy beach shoreline and commanding views across Browns Bay and Lower Lake. This timeless Georgian Revival estate, inspired by classic English Country architecture and designed by renowned architect William Channing Whitney, is a solid masonry residence with a newer slate roof, showcasing elegant proportions and refined architectural detailing throughout. The exceptional grounds include a carriage house, pool, tennis court, and 12 garage stalls. Ideally located close to downtown Wayzata, directly across from the Dakota Rail Trail, and within the Orono School District. Just 15 minutes from downtown Minneapolis via a direct route with no stop signs or stoplights, offering a rare combination of privacy and accessibility. A rare opportunity to enjoy the estate as-is, thoughtfully renovate to suit your vision, or create a legacy estate on one of Lake Minnetonka's most distinguished properties.

Let nature and the sun in all day long in this fabulous executive walkout with soaring windows and southern exposure, all on a half-acre of private, non-buildable wetland. This is a truly remarkable home with too many attributes to list including open concept main floor, complete renovated to the studs mud and laundry room, expansive main floor deck across the back of the home with accordion bi-fold doors on the main level and stairs down to the walkout level, four beds up each with direct bathroom access (primary ensuite, jack-n-jill and 3/4), heated floors and steam shower in the primary, two offices, two gas fireplaces, walkout lower level, hot tub and putting green with multiple holes, deep three-car garage with dog wash and car charger connection as well as full insulation and heat. Conveniently located only one mile from downtown Excelsior via panoramic walking trails. 20 Minutes to downtown Wayzata, 25 minutes to MSP airport. If you’re looking for privacy, nature, and a turn-key home this is not to be missed. Exceptionally maintained and perfect for year-round enjoyment, seeing is believing. Welcome home!

Experience sophisticated living in this completely renovated and impeccably maintained Amesbury courtyard townhome, offering over 3,300 square feet of curated space. Beautiful hardwood floors flow throughout the main level, where custom cabinetry and built-ins enhance the home’s refined design. The main floor features two ensuite bedrooms, including an elegant primary suite connected to a den with a gas fireplace and a bespoke wet bar. The gourmet kitchen is a chef’s dream, boasting premium Thermador appliances and quartz surfaces. Entertaining is effortless with a seamless flow from the informal dining area to a living room with surround sound and a maintenance-free deck. For quiet moments, escape to the private courtyard retreat. The walkout lower level includes a third ensuite with full bath, a second laundry room, a cozy family room with fireplace, and extensive storage potential. Highlights also include an epoxy-finished heated garage and proximity to the finest Excelsior and Lake Minnetonka amenities. A rare combination of luxury, precision, and privacy.

Privately sited estate on 1.97 acres, this beautifully updated home offers breathtaking views overlooking 250' of level west-facing lakeshore! The open flowing floorplan features a vaulted Great Room with floor-to-ceiling windows showcasing water views at every turn. Enjoy the gourmet kitchen with high-end appliances and coffee/beverage bar; sunroom with access to the large deck overlooking the backyard; and main-level primary suite with spa-like bath (coffee bar), fireplace and lake views. The upper-level offers a secondary primary suite with fireplace, spacious en suite (heated floors, 2 water closets) and large walk-in closet; two junior suites; and an indoor sport court (pickleball, basketball, hockey) and bonus room with kitchenette, bath and game area! The walkout lower-level was designed for entertaining with family room; wet bar; large exercise room with sauna; movie theater (beverage fridge + candy bar) and guest bedroom. Additional features: golf simulator; main + upper-level laundry rooms; large mudroom (heated floor) and heated 4-car garage. Resort-like backyard with pool; hot tub and built-in firepit. Tranquil setting surrounded by soaring mature trees on a quiet cul-de-sac. Highly sought-after Orono School District.

WINTERTREE | A timeless estate designed by Frank Lloyd Wright's head draftsman, John Howe, on 2.3 private park-like acres with 235 feet of incredible southwest facing Lake Minnetonka shoreline. Reimagined while preserving the architectural integrity and situated near water's edge, each room provides commanding views over North Arm Bay. The sun-drenched one-and-a-half story living room showcases a massive stone fireplace, beautiful built-ins and walls of glass opening to the large terrace ideal for outdoor entertaining. Stunning kitchen with top-of-the-line appliances, Cambria countertops and an excellent bar area. Dramatic owner's suite accessed from a breezeway with artful ceilings and a private patio. Two additional bedrooms, studio/den and a spacious laundry room are on the opposite end of the home. The property also features a guesthouse with a bathroom, detached two-car garage with a carport, new rip-rap shoreline, expansive lakeside deck and breathtaking gardens. Orono schools.

Privately gated and completed just four years ago, this exceptional French Country estate offers direct access to Lake Minnetonka’s coveted North Arm and showcases the quality, craftsmanship, and condition of like-new construction. A remarkable collaboration between David Charlez Designs, Brooke Voss Interior Design, and Zehnder Homes, the residence seamlessly blends timeless architecture with fresh, modern finishes throughout. Thoughtfully designed for both everyday living and entertaining, the home features white oak hardwood floors, a dramatic double-height great room, designer lighting, and beautifully curated spaces at every turn. The chef’s kitchen is appointed with Wolf and Sub-Zero appliances, custom cabinetry, and an effortless connection to the home’s expansive indoor and outdoor gathering areas. Resort-inspired amenities include a private gym, sauna, steam shower, spa, large outdoor pool, and professionally landscaped grounds with a fully fenced yard. Offering privacy, luxury, and direct North Arm access, this turnkey residence presents a rare opportunity to own one of the area’s most thoughtfully designed and impeccably executed homes.

Experience the pinnacle of refined lakefront living with this extraordinary custom estate by Omni Custom Builders, gracefully positioned along the coveted West Arm of Lake Minnetonka. Encompassing nearly 6,000 square feet of impeccably designed and curated living space, this residence is a masterful blend of timeless architecture and elevated modern luxury, set against a backdrop of breathtaking southern exposure and shimmering water views. Interior design by Niosi interior design, this residence is layered in refined and unexpected luxuries . A grand, light-filled foyer introduces the home's expansive open-concept design, where walls of glass frame sweeping lake vistas and bathe the interiors in natural light. Designed for both intimate gatherings and grand-scale entertaining, the main level flows effortlessly from the formal dining area to the sophisticated living room, anchored by a striking statement fireplace. At the heart of the home, the gourmet kitchen is a true culinary showpiece-appointed with premium appliances, bespoke cabinetry, and an oversized island designed for both preparation and presentation. Every detail has been thoughtfully considered to combine beauty with function. The primary suite offers a serene private sanctuary, complete with a spa-inspired bath crafted for indulgent relaxation and daily renewal. Upstairs, three generously proportioned bedrooms each feature their own elegant ensuite bath and spacious walk-in closet, ensuring exceptional comfort and privacy for family and guests alike. A substantial laundry suite with dual washers and dryers provides effortless convenience. The walk-out lower level elevates entertaining to an art form. A sprawling family room transitions seamlessly to a full-service bar, state-of-the-art golf simulator, and a refined theater room designed for an immersive cinematic experience. The dedicated Lake Bath-featuring a spa sauna and glass-enclosed shower with direct outdoor access-offers a luxurious reprieve after sun-soaked days on the water. A fifth bedroom with picturesque lake views is ideally situated near the covered outdoor lanai, where a built-in grill and fireplace create an enchanting setting for alfresco evenings. With 75 feet of prized south-facing shoreline, the property captures spectacular sunsets and offers a private dock for boating, swimming, and fishing. Expansive decks and patios invite seamless indoor-outdoor living, embracing the tranquility and prestige of waterfront life. A rare and grandfathered 635-square-foot shoreline cottage-set just 40 feet from the water-will be thoughtfully reimagined to include a living room, kitchen, bedroom, bath, and private deck, creating an exceptional guest retreat mere steps from the lake. Additional amenities include a four-car garage designed to accommodate both vehicles and lake toys with ease. Construction is poised in its current stage of framing, with a limited opportunity remaining to personalize interior finishes to your exact vision. Anticipated completion: Fall 2026

Welcome to this beautifully renovated one-story rambler, where nearly 3,000 finished square feet of thoughtfully designed living space offers the perfect balance of comfort, style, and functionality. Nestled on a quiet, tree-lined street in one of Long Lake's most desirable neighborhoods, this move-in-ready home features four bedrooms, two beautifully updated bathrooms, multiple living spaces, and many improvements already completed allowing you to simply unpack and start enjoying your new home. Natural light pours through soaring vaulted ceilings and skylights, creating an inviting atmosphere throughout the main level. Fresh interior paint, refinished flooring, plush new carpeting, updated lighting, beautifully renovated bathrooms, a new roof, windows and siding, all come together to create a home that feels fresh, welcoming, and exceptionally well cared for. At the heart of the home, the kitchen is designed to bring everyone together. Complete with stainless steel appliances, generous workspace, and an oversized breakfast bar, it's the perfect setting for everyday living or entertaining. Just beyond, sliding glass doors open to one of the home's standout features an expansive wraparound, tiered deck overlooking a beautifully landscaped, fully fenced backyard. Whether you're hosting summer barbecues, gathering with friends, enjoying your morning coffee, or simply relaxing after a long day, this incredible outdoor living space was designed to be enjoyed. Mature flowering perennials provide a colorful, private backdrop, while a charming garden shed offers convenient storage for lawn and gardening equipment. The finished lower level expands the home's versatility with a spacious family room featuring a stylish beverage station, a private fourth bedroom with two walk-in closets, a flexible bonus room tucked behind charming barn doors, and abundant storage. Whether you envision a guest suite, home office, fitness room, media room, or play space, this level easily adapts to your lifestyle while providing the multiple living areas today's buyers are looking for. With extensive improvements already completed throughout the home, every detail has been thoughtfully refreshed so you can spend less time on projects and more time enjoying your new surroundings. Ideally located just minutes from downtown Wayzata, Lake Minnetonka, parks, trails, shopping, dining, and served by the highly acclaimed Orono School District, this exceptional home offers the rare combination of spacious one-level living, beautifully updated interiors, outstanding outdoor entertaining spaces, and an unbeatable location. Designed to be lived in, shared, and enjoyed for years to come, 124 Harrington Drive in Long Lake is the perfect place to call home.

Experience exceptional Lake Minnetonka living on West Arm Bay, where panoramic water views and timeless design define this stunning custom retreat. Designed to maximize natural light from nearly every room, this home blends luxury and effortless lakeside living. The main level is ideal for entertaining with a lake-facing kitchen, dining, and living areas anchored by a stone fireplace, oversized quartz island, and premium appliances. Upstairs, find three spacious bedrooms, each featuring its own walk-in closet and private ensuite bath, including a serene primary suite with a spa-like bath and adjoining laundry. The walkout lower level features sliding glass doors for seamless lake access, a kitchenette, exercise room, Finnish-style sauna, and guest bedroom. Enjoy 50 feet of riprap shoreline, a private dock, and endless days on the water. Located in charming Mound, you will enjoy a premier up north lifestyle close to the Twin Cities.

Prime Highcroft location less than 1 mile from downtown Wayzata. Gorgeous Country French designed by Bruce Schmitt and constructed by Tom Potter. Main level living beautifully renovated in 2018 by Revision. Exquisite craftsmanship and custom finishing details define the interior spaces including crown moldings, vaulted and beamed ceilings, white oak floors, and enameled woodwork. Main floor Primary suite, 2+ bedrooms on walkout lower level, Chef's kitchen with Wolf appliances and large bonus room over the 3 car heated garage. Additional features include 5 Custom Fireplaces, 6 bathrooms, Office, Sun Room, Screened Porch, Exercise Room with Sauna, Flex Room and 850 sf of storage space. Stunning landscaping surround the almost 2 acre private setting. Dock available to Wayzata residents through City's lottery system. Enjoy all the amenities of downtown Wayzata, Lake Minnetonka and just 2 blocks from the Dakota Trail for biking and walking.

Rare opportunity to own nearly 3/4 of an acre in one of Deephaven's most coveted neighborhoods. What appears modest from the street opens to an expansive and serene oasis with peaceful living spaces inside and out. Surrounded by mature trees and high-valued homes, this charming retreat offers the ideal canvas for future expansion if desired, though with 3,177 square feet of finished living space, add-ons are entirely optional. Visitors first notice how remarkably quiet and comfortable the home feels. This house was built with lasting quality and has been thoughtfully cared for over the years. While not every inch has been renovated, the many lovely upgrades have preserved the home's integrity while enhancing its modern appeal. The main level features a spacious living room with distinctive gas fireplace, custom built-ins, abundant natural light, and a delightful coffee and beverage bar adjacent to a cabin-like, four-season sunroom with a wood fireplace. Flexible gathering spaces, and a substantial finished lower level create a home that is both welcoming and easy to live in. The new roof and gutters were installed in 2022, and other upgrades include a new mudroom with added storage, a third bathroom, hardwood floors, and a spacious two-car garage/workshop equipped with EV-ready 220V electrical. Tucked into a 12-house neighborhood with minimal through traffic, this compelling property provides both a sense of seclusion and fast access to Lake Minnetonka, parks, bike trails, exceptional schools, and everyday conveniences. This home's solid bones and outstanding lot make it one of the few opportunities to immediately enjoy the Deephaven lifestyle at this price point. A peaceful, well-loved home on a remarkable lot in one of Minnesota's most desirable communities. It is rare to find such a wonderful foundation on which to create the home of your dreams in the perfect location; even rarer when you have the option to simply embrace and enjoy this special haven exactly as it is from day one.

Set on 6.7 breathtaking acres, this renovated luxury estate offers an extraordinary blend of privacy, recreation, and refined living. With five bedrooms all on the upper level and five bathrooms, the home is thoughtfully designed for both everyday comfort and elegant entertaining. The property’s exceptional amenities create a true private retreat, including a sport court, a tranquil pond with a recently updated fountain, and expansive grounds enriched by mature old-growth trees and natural beauty. Extensively improved over the years, the residence showcases a beautifully reimagined kitchen, pantry, main-floor bath, hearth room with fireplace, luxurious primary suite and guest wing, as well as a lower level designed for entertaining with a home theater, bar, and game room. Outdoor living is equally impressive, with an upper deck featuring a gas hearth, multiple patios, a hot tub, fire ring, vegetable garden, and direct backyard access to the Luce Line and nearby Wood-Rill Nature Reserve for year-round biking, jogging, skiing, and scenic views. Additional highlights include three versatile outbuildings, one wired for added functionality, a circular driveway framed by stately red oaks, a built-in sprinkler system, and a rare sense of serenity just moments from everyday conveniences. This is a one-of-a-kind opportunity to own a truly distinctive luxury property.