Ross Romash Miami Mansion, which he spent five years renovating and never lived, lists for $43.9 million

4 Min Read
ross-romash-miami-mansion-43-9-million

Real-estate investor and powerboat racer Ross Romash has listed his newly built Miami mansion for $43.9 million. The waterfront home sits on Belle Meade Island and has never been occupied. Romash and his wife, Caroline, spent about five years designing and building the property. Therefore, the seven-bedroom residence is entering the market as a newly completed, never-lived-in estate.

The house, called The Light House, covers about 11,400 square feet. It stands on an 18,208-square-foot corner lot at 1155 Belle Meade Island Drive.

FeatureDetail
Asking price$43.9 million
Interior areaAbout 11,358 square feet
BedroomsSeven
BathroomsSeven full bathrooms, one powder room
Waterfront120 feet of open Biscayne Bay frontage
Dock capacityA 100-foot yacht and jet skis
Listing agentChad Carroll, The Carroll Group at Compass

At the asking price, the home works out to roughly $3,865 per interior square foot. Moreover, the price implies about $2,411 per square foot of land.

Belle Meade Island waterfront estate

The property faces Biscayne Bay through approximately 120 feet of direct waterfront. Consequently, it offers wide bay and city views from its bayfront position.

The private deep-water dock can accommodate a 100-foot yacht and jet skis. Additionally, the estate includes a housekeeper suite alongside its seven bedrooms and seven full bathrooms.

The listing materials describe the price as potentially record-setting for Belle Meade Island. However, the final sale price will depend on buyer demand in Miami’s high-end waterfront market.

The Light House design and amenities

Cody J. Thamann of Thamann Architecture + Design designed the home. Furthermore, Christopher Cawley handled its landscape architecture.

The design uses travertine, lava stone, bronze, and teak. Specifically, double-height ceilings and retractable glass walls connect the front courtyard, interior spaces, and bay views.

The primary suite sits on the ground level. It opens directly to the bay and pool deck, while also offering separate his-and-hers dressing rooms.

The home includes a private elevator, a poker loft, and a hyperbaric chamber. Meanwhile, a glass-encased wellness room sits over the water and contains a gym, sauna, and spa.

Kitchens, cars and outdoor space

The estate features three kitchens. These include a display kitchen with a green-veined marble island, a concealed catering kitchen, and an outdoor summer kitchen.

The outdoor kitchen offers gas, charcoal, and hibachi grills. Additionally, the property includes a climate-controlled automotive gallery for as many as 16 cars.

A second-story observation lounge overlooks the vehicle gallery. The home also provides extensive terraces, a pool deck, and multiple outdoor entertaining spaces.

Why the listing matters

Romash previously sold an 8,200-square-foot Belle Meade Island home for $13.3 million in 2021. That sale set a neighbourhood record at the time, according to The Real Deal.

He bought the 1155 Belle Meade Island Drive site for about $2.5 million in April 2021. Therefore, the new listing represents a major step up in both scale and price.

The $43.9-million ask could reset Belle Meade Island’s sales record if it achieves its target. However, Miami’s luxury market has become increasingly competitive, with buyers demanding waterfront access, privacy, and custom amenities.

Romash has now placed The Light House on the market after completing it earlier this year. The listing will test whether Belle Meade Island can support a new tier of ultra-prime waterfront pricing.

TAGGED:
Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *