Luxury condos have become the epitome of modern living, offering residents an array of lavish high-end amenities, features, convenience and security.
If you are in the market for a new home, it’s worthwhile to discover what makes the latest in luxurious condo living stand out from other housing options. Opulent contemporary condos are specifically designed with an eye on comfort, elegance, sophistication and wellness. From choice locations to the latest technological advancements, there are many unique features that set exclusive condo communities apart from other types of housing.
In this article, we explore the top trending amenities that are captivating luxury-seeking condominium buyers across the United States. Whether you desire to live in a luxury condominium community or not, you may want to consider incorporating several of these desirable features in your own home!
Table of Contents
- The Allure of a Luxury Condo Lifestyle
- Standard High-End Features of Most Luxury Condos
- Why Luxury Condos are Taking a Holistic Approach to Well-Being
- Top 10 Trending Amenities and Features of Luxury Condos
- Example Luxury Condo Communities
- FAQs About Luxury Condos
- Closing Comments on Future Trends
The Allure of a Luxury Condo Lifestyle
Luxury condos offer a high-end living experience with state-of-the-art amenities, reflecting their elegance and sophistication available at premium prices. They strive to facilitate ultra-convenient lifestyles with 24/7 concierge services, many on-site amenities, top-of-the-line appliances and current must-have features. At its core, living in a modern opulent condo means enjoying a hassle-free lifestyle. These properties are an embodiment of a luxurious lifestyle, offering residents an array of convenient amenities that complement all aspects of one’s personal and professional lifestyles.
In the real estate market, luxury condos are synonymous with exclusivity and opulence. These high-end properties boast top-notch finishes and offer residents access to well-appointed common areas that are well-suited for social activities. The appeal of exclusive condos is further enhanced by their prime urban locations, further adding to their desirability and value. With amenities like state-of-the-art spas and fitness centers, luxurious condos prioritize the well-being and comfort of their residents.
In short, residents who prefer living in high-end condominium communities are willing to pay premium purchase prices and significant recurring condo association fees in exchange for a time-saving, no hassle, no worry luxurious lifestyle.
Standard High-End Features of Most Luxury Condos
Identifying prevailing features of high-end condos is key to understanding their allure. Before exploring truly unique and trending traits of luxury condos, we list luxurious features that over time have all become “standard” in virtually all elite condominium buildings.
Lacking any of these features would negate a condominium from being accurately classified as “luxury”:
- Prime Location
- Exceptional Views
- Best-in-Class Concierge Services
- Fitness Amenities & Leisure Spaces
- Modern Luxury In-Unit Appliances and Finishes
- 24-Hour Security with Indoor Private Parking
The Importance of Location in Luxury Condos
The location of high-end condominium properties plays a vital role, offering residents convenient access to amenities and attractions, within prestigious neighborhoods. Proximity to amenities, such as gourmet grocery stores with fresh produce, and exclusive spas and health clubs, is crucial for a convenient urban condo lifestyle. Urban locations offer a vibrant atmosphere and easy access to best-in-class attractions. The surrounding neighborhood adds to the allure of luxury condos. Naturally, however, prime locations come with higher price tags. Ultimately, location plays a major role in the desirability of any luxury condo and corresponding value.
Luxury condominium communities are also popular choices for retirement homes, vacation homes, and weekend homes. Lakefront condos in Delavan, Wisconsin, for example, are attractive for their close proximity to two large metro areas, Chicago and Milwaukee, plus Madison, the state capital of Wisconsin.
The Role of Exceptional Views in Luxury Condo Living
Gorgeous views play a crucial role in defining exclusive condos, while providing a sense of lofty tranquility for residents. Floor-to-ceiling windows and sliding glass doors in main living areas are preferred design choices that amplify the beauty of a unit’s views.
Breathtaking vistas create a sense of aesthetic relaxation, elevating the overall living experience. From stunning sunrises to panoramic city or waterfront views, residents can savor a wide-range of intriguing beauty from their balconies. The first thing that often captures people’s attention when entering a well-appointed luxurious condo is the awe-inspiring views offered.
When choosing a specific unit in a new condominium development, we always recommend forgoing any unit that will be at a competitive disadvantange when placing it up for sale in the future. For example, having a desirable view that is better than most other units is not an upgrade that can be made when placing your home on the market. It’s imperative to understand which units are most desirable at the time of purchase in order to secure your “permanent” competitive advantage.
Example luxury condos with spectacular views include:
Service Excellence as a Standard in Luxury Condos
Service excellence has become an expected standard in luxury condominiums, ensuring a high level of customer satisfaction for all residents. Luxury condos prioritize delivering exceptional service to their residents, with a dedicated concierge service that promptly and efficiently meets their needs. Concierge services assist residents with various needs, such as package delivery, restaurant reservations, and event planning. Personalized assistance that is available 24/7 is becoming the norm, creating a seamless and luxurious living experience. Well-trained staffs go above and beyond to provide a level of service that strives to exceed expectations each and every time.
Exemplary customer service from 5-star hotels and creative new service amenities found in high-end luxury apartments have made it mandatory for luxury condo communities to stay on par with evolving expectations of highly-demanding residents.
Fitness Amenities & Leisure Spaces
Distinctive leisure spaces and a focus on health and wellness further enhance the lifestyle of wel-pampered condo residents. Top-of-the-line condos offer a plethora of leisure spaces, such as tennis courts, fitness centers, and swimming pools to cater to residents’ recreational needs. These high-end properties also organize social activities and events, fostering a strong sense of community. The common areas in luxury condos are meticulously designed to exude elegance and sophistication, while beautifully landscaped outdoor spaces provide residents with a serene environment to unwind and relax.
Most luxury condos offer modern fitness centers with top-of-the-line equipment, yoga studios, and personal training services. Fitness offerings have evolved over the years to include spa and wellness features such as: saunas; steam rooms; massage rooms; and relaxation areas.
Examples of emerging fitness and leisure amenities available in the luxmarket include:
- Private Beach Access & Amenities
- Communal Pools
- State-of-the-Art Fitness Centers
- Game Rooms
- Golf Courses
- Golf Simulators
- Indoor Kids Areas
- Marina Access
- Pet Amenities
- Sports Courts
- Steam Rooms
- Bowling Alleys
Modern Luxury In-Unit Appliances and Finishes
A luxury condominium is typically in a Class A residential or mixed-use building, built within the last fifteen years and includes high-end features such as: premium stainless steel appliances; gourmet kitchens; in-unit laundry; hardwood floors; granite countertops; recessed lighting; high ceilings; and quality sound insulation throughout the residence.
Privacy: A Non-Negotiable Feature of Luxury Condos
Privacy is a crucial aspect of luxury condo living. Residents of luxury condos expect a high level of privacy, exclusivity and discretion. Secure building access systems, enclosed private entries, and exceptional soundproofing are all crucial for ensuring that residents’ privacy is respected and protected. Additionally, private balconies and separate entrances add to the overall privacy of luxury condos. The layout and design of these high-end properties prioritize individual privacy and comfort.
24-Hour Security with Indoor Private Parking
Luxury condos prioritize the safety and well-being of their residents, going beyond basic security measures. State-of-the-art security systems provide peace of mind, along with 24/7 security personnel ensuring a safe living environment. These high-end properties also feature secure parking facilities with access control, further enhancing resident safety. By prioritizing advanced security measures, luxury condos create a secure and protected living space for their residents.
Depending on the local climate, advanced parking features may be available, such as air-conditioned garages ideal for the humid climate of Miami.
Why Luxury Condos are Taking a Holistic Approach to Well-Being
The best luxury condo communities have always prioritized the well-being, safety and health of their residents, providing private and spacious living spaces for personal wellness and relaxation. With societal changes impacting work-life balance and the growing need for easy access to fresh-air green spaces, luxury condos are quickly evolving how they cater to their residents’ overall well-being.
Smart property managers are taking the approach of adapting amenities with the lifestyle needs of residents, instead of requiring residents to adapt their lifestyles to permanent amenities and features.
That said, innovative luxury condos are enhancing the well-being of residents in three key areas:
- Supplemental Home Office Amenities and Coworking Environments
- Fitness Amenities Evolving Into Personal Wellness Services
- Biophilic Interior and Exterior Design
Top 10 Trending Amenities and Features of Luxury Condos
As the demand for luxury condos continues to grow, developers are constantly looking for new and innovative amenities and features to attract potential buyers. While some trends, such as rooftop pools and fitness centers, have become standard in the industry, there are always new and exciting developments on the horizon.
Here are a few inter-related themes to take note of as you browse specific examples:
- A Holistic Approach to Well-Being
- An Integrated Approach to Technology, Service and Security
- Catering to Emerging Lifestyle Preferences
Now, let’s take a look at the top trending amenities and features of US condos:
- Smart Home Integration
- Private Elevators
- Infinity Pools
- Concierge Services & Coworking Environments
- Wine Cellars
- Pet Amenities
- Private Screening Rooms
- Green Initiatives
- Enhanced Rooftop Terraces
- Personalized Wellness Services
1. Smart Home Integration
As consumers become more reliant on technology for convenience, smart home features continue to be highly sought after. Buyers want the convenience of controlling their living spaces remotely. They want to manage lighting, climate, and security systems with smart locks from their smartphones. In fact, this has become a new trend for enhancing security and optimizing energy efficiency.
Smart home automation enhances convenience and efficiency while cutting-edge security systems offer peace of mind. High-speed internet connectivity enables seamless multimedia streaming, while smart energy-efficient appliances reduce environmental impact and utility costs. Advanced climate control systems with smart thermostats ensure optimal comfort. As a result, on-trend luxury condos are embracing these technological advancements to provide modern and eco-conscious living experiences.
Where can we see such amenities the most?
More and more condo communities are being modernized with the newest home integration across the country. Increasing numbers of discerning homebuyers are expecting smart home features for seamless, connected living. However, to encounter the latest, greatest smart home technologies you will want to explore the following housing markets: San Francisco Bay Area; Seattle; Austin; and Portland, Oregon. All four of the these markets have the following requisite traits in abundance:
- Affluent homebuyers
- Early-adopting, tech savvy consumers
- Local tech companies producing related products
- Early-adopting innovative homebuilders
- Consumers that are seeking higher levels of energy efficiency and convenience
2. Private Elevators
While private elevators are not common, they are becoming the new norm for ultra high-end luxury condominiums. They are especially desirable for high-end buyers who value discretion. Private lifts are sought-after for three reasons – exclusivity, privacy, and convenience. With adequate means, both financial and engineering, condo residents will readily adopt private transports in order to reduce the need to share common spaces with other residents. This is no different that commuters preferring private cars over using public transportation.
Where can we see such amenities the most?
Often, private elevators are found in high-end condos in major cities like New York City (especially in luxury high-rises), Miami Beach, and Los Angeles.
3. Infinity Pools
Another sign of luxury in premium properties is infinity pools. The concept of such pools started back in 1950. John Lautner invented an early model of the infinity pool when the Silvertop home in Los Angeles was under construction. Apart from a luxurious swimming experience, these pools provide stunning visual aesthetics. Now, an infinity pool has become a unique selling point for luxury condos. It offers the residents a sense of floating on the edge of the building while enjoying breathtaking views. Condos with infinity pools can attract buyers who are looking for on-trend aesthetic styles.
Where can we see such amenities the most?
Condos with infinity pools are prevalent in coastal cities, such as Miami, Malibu (Los Angeles), and Honolulu. Infinity pools can also be found in high-rise buildings in New York City and Chicago.
4. Concierge Services & Coworking Environments
To describe the term concierge, it is the occupation of acting as a representative of the landlord, a receptionist, a caretaker, a maintenance coordinator, and even a mail handler. When there are concierge services applicable to a property or condo, it offers extra convenience and luxury. Residents enjoy services like 24/7 security, package handling, restaurant reservations, and event planning. As a result, their lives become easier and more enjoyable. It is an excellent way of enhancing the overall living experience.
The Ritz-Carlton Residences are setting the upper bar for concierge services across the globe. Here are just a few intriguing subset of services offered at many of their locations:
- 24/7 Valet Parking
- Fleet of Luxury Vehicles
- Housekeeping Services
- Limousine and Chauffeur
- In-Residence Personal Chef Services & Curated Dinners
- Nanny and Childcare Services
- Grocery Shopping
- Plant Care Maintenance
- Secretarial Services
- Wake-Up Calls
- Personal Shopping
- Function & Event Planning
- Cultural Programming
- Personal Trainers
- Exclusive Membership to Social Clubs
- Equipment Rental Arrangements
- Arrival Prep & Stocking
- Seamstress & Alteration Services
- Engineering Services
- In-Residence Dining & Catering
With the growth of hybrid working arrangements (part remote/part on-site), luxury condos have expanded their concierge services to facilitate coworking environments for residents that are spending a greater percentage of time working remotely from home. Emulating leading luxury hotels that cater to business professionals, high-end condominiums are allocating space for large workspaces, meeting rooms, and business-level Internet connection speeds and reliability.
Where can we see such amenities the most?
Luxury condos in New York City, Chicago, Miami, San Francisco, and Boston often feature concierge services. These services are particularly abundant in luxury high-rises.
5. Wine Cellars
Often, connoisseurs and wine enthusiasts prefer a wine cellar inside their condo units. That is because a well-designed wine cellar gives them the convenient access to store and display wine collections. Wine cellars also add a touch of sophistication and social appeal to entertainment. They can also serve as a differentiating feature that is often not available in comparable properties, which can improve a condo’s resale value.
Where can we see such amenities the most?
Wine cellars are often found in luxury condos that are built in upscale neighborhoods. It is common in high-end buildings in San Francisco, for example.
6. Pet Amenities
In case you were unaware, there are typically strict rules for keeping pets in any multifamily residential building. As for condominiums, certain pets may not be allowed per the given condominium’s by laws. That said it is understandable why pet owners highly appreciate pet-friendly amenities, such as dog parks, grooming facilities, and pet walking services. These amenities can enable pet owners to take better care of their furry companions while increasing wellness, convenience and enjoyment.
Where can we see such amenities the most?
New York City, Los Angeles, Seattle, and Miami are some cities with a strong pet-loving culture. So, luxury condos in those states will likely have dog parks, grooming services, and other pet amenities.
7. Private Screening Rooms
When budget is not an issue, you will do anything to enjoy entertainment. Having a private movie theater within the confines of your condo building represents that type of commitment. Private theaters have become a popular feature of all types of homes, especially among homeowners who enjoy social streaming nights. Thus, many condo owners have been building private theaters when not initially unavailable in their building. However, more condominium communities have recognized this growing form of social entertainent and have either modified existing shared spaces or have included this feature in the early plans of new developments.
Where can we see such amenities the most?
Private screening theaters are common in luxury condos in entertainment-centric cities like Los Angeles (Beverly Hills, Hollywood), New York City (Manhattan), and Miami (South Beach).
8. Green Initiatives
Nowadays, people are more conscious of how their living and working spaces impact their health and local environment overall. Just as electric vehicles are taking over the market, durable and eco-friendly features are becoming more attractive to home buyers.
Condos with energy-efficient appliances, renewable energy sources like solar panels, and durable green building materials are becoming more prevalent. Green initiatives not only reduce environmental impact but also lower utility bills in the long run. So, these features also make condos more attractive to value-focused luxury buyers.
A related type of green initiatives involves incorporating biophilic design to facilitate natural connections for residents both indoors and outdoors. Examples of such design elements include: living green walls; prominent plants and trees in common areas; large private terraces and balconies; and outdoor sensory gardens.
Where can we see such amenities the most?
San Francisco, Portland, Seattle, Irvine, Phoenix, and Denver have the title of most environmentally conscious cities. Hence, the number of eco-friendly luxury condos is increasing in these cities. Moreover, some major cities like New York and Chicago have seen an increase in sustainable luxury developments, as well.
9. Enhanced Rooftop Terraces
Rooftop decks, pools and lounges with stunning views are a highly sought-after amenity in luxury condos. These spaces often include cabanas, sun decks, fire pits, and outdoor kitchens for entertaining. Private outdoor spaces, such as as large balconies or terraces provide residents with their own private outdoor oasis where they can relax and enjoy the surrounding views. The Amrit Resort & Residences went so far as to offer each of the 11 penthouses on its property a private rooftop terrace.
10. Personalized Wellness Services
All of the ever-improving amenities being offered by top condo communities can in essence be classified as “wellness programs”, as they all largely aim to provide healthier and happier lifestyles for their residents.
In terms of key wellness amenities we expect that best-in-class automated air purification systems will soon become a standard feature in luxury units. These highly effective systems can provide a wide-range of health benefits, from improved sleep, reduced impact of allergies, and reduced lingering cooking aromas.
Other examples of customized wellness features include:
- New homeowners at The Ritz-Carlton Residences, Miami Beach receive a one-year concierge program, valued at $12,000, at the Agatston Center for Private Medicine
- Residents of Amrit Ocean Resort & Residences on Florida’s Singer Island are able to take advantage of integrated health and wellness programs
- Residents of 40 Bleecker are able to get vitamin IV drips for various issues, including hangovers, in their residences
Example Luxury Condo Communities
- The Ritz-Carlton Residences
- The Ritz-Carlton Residences Available Properties
- W Residences Aspen
- Four Seasons Residences One Dalton Boston
- Four Seasons Private Residences Lake Austin
- Fontainebleau Development Residential Properties
Example Luxury Condo Communities with Social Clubs
- The Britely at the Pendry Residences West Hollywood
- Full-Service Beach Club at the Rock House Residences Turks & Caicos
- Turnberry Isle Country Club and the Turnberry Ocean Club Residences
- The Sentry at The Copper Residences Manhattan
To find new luxury condominium developments in popular markets also search on Livabl.
Frequently Asked Questions About Luxury Condos
- Why do homebuyers pay a premium for luxury condos?
- What makes luxury condos a worthwhile investment?
- How does the luxury condo market stand in current real estate trends?
- Are there any innovative amenities that we can expect to see in luxury condos soon?
- Are there any downsides to having too many amenities in a luxury condo building?
- What impact do these amenities and features have on resale value for luxury condos?
- How do developers decide which amenities and features to include in their luxury condos?
- Are luxury condos the future of urban living?
Why do homebuyers pay a premium for luxury condos?
Luxury condos command a premium price due to their unparalleled amenities and services. Prime locations offer easy access to urban conveniences, while state-of-the-art facilities cater to residents’ recreational needs. The exclusivity and prestige associated with luxury living also attract discerning buyers who value enhanced privacy and security.
These properties are not only a symbol of status and social standing but also command a premium due to their limited supply and high demand. The prestige associated with luxury living justifies the higher price tag, enabling developers to maintain the exclusivity and quality of these high-end properties.
What makes luxury condos a worthwhile investment?
Luxury condos offer the potential for significant appreciation in value and attractive returns on investment through rental income. The growing demand for luxury living and strong resale value make luxury condos a desirable long-term investment. Additionally, tax benefits and potential deductions can make them financially advantageous.
Investing in luxury condos offers long-term benefits. Due to their limited supply, luxury condos act as a hedge against inflation. The prestige and desirability they possess contribute to their long-term value. With high-quality construction and materials, luxury condos ensure durability and longevity. Additionally, exclusive amenities and services enhance the quality of life. Even during economic downturns, luxury condos hold their value well.
How does the luxury condo market stand in current real estate trends?
The luxury condo market is experiencing steady growth globally, driven by urbanization, population density and architectural innovation. These condos cater to the changing preferences and lifestyles of buyers, with wellness and sustainability features becoming more prominent. Additionally, the luxury condo market consistently attracts international buyers and investors.
The luxury condo market is being shaped by the integration of technology, with advancements in smart home systems and automated features. Wellness-focused amenities and services are increasingly important, catering to the health-conscious lifestyle of luxury condo owners. Sustainable and energy-efficient design is a key consideration, promoting eco-conscious living. Demand for flexible living spaces and home offices is rising, reflecting changing work trends. The luxury condo market continues to prioritize convenience and lifestyle experiences for its discerning residents.
Are there any innovative amenities that we can expect to see in luxury condos soon?
One trend that is gaining popularity is the incorporation of green spaces both inside and outside condominium buildings. This can include everything from rooftop gardens to indoor atriums, providing residents with peaceful retreats from loud and busy urban environments. Additionally, developers are beginning to focus more on sustainability, incorporating features such as solar panels and energy-efficient appliances into their designs.
Are there any downsides to having too many amenities in a luxury condo building?
Having too many amenities and features in a luxury condo building can have potential downsides to consider before purchasing. Here are a few potential drawbacks:
- Higher maintenance costs
- Higher association fees
- Crowded common areas at peak usage times
- Increased competition for resources at peak usage times
- Increased noise or inconvenience, especially for residents living near popular amenities
- Trade-off with living space, e.g.: allocated size of communal areas versus living space within individual units
What impact do these amenities and features have on resale value for luxury condos?
Amenities and features are essential factors that influence the resale value of luxury condos. In today’s competitive real estate market, buyers are increasingly looking for properties that offer convenience, comfort, and a luxurious lifestyle. Must-have amenities such as fitness centers, swimming pools, spas, and high-end security systems can positively impact the resale value of a luxury condo.
Additionally, features like smart home technology, energy-efficient appliances, and custom-built cabinetry can also add significant value to a property. These features not only improve the overall functionality of the condo but also enhance its aesthetic appeal. As prospective buyers evaluate their investment options carefully, it is essential to ensure that your luxury condo stands out by offering unique amenities and features that meet their needs and preferences. This will enable you to get the best possible return on your investment when it’s time to sell.
How do developers decide which amenities and features to include in their luxury condos?
Developers of luxury condos take several factors into consideration when deciding which amenities and features to include in their projects. First and foremost, they consider the target market and the desires and expectations of potential buyers. They conduct market research and analyze trends to identify what amenities and features are in high demand. Ultimately, developers strive to create a unique selling proposition for their luxury condos by offering a combination of amenities and features that align with the target market’s preferences while setting their project apart from competitors in terms of quality and exclusivity.
Why do luxury condo buyers value amenities and features so highly?
Luxury condo buyers value amenities and features highly because they are looking for a high-quality, convenient, and luxurious living experience. Amenities such as fitness centers, swimming pools, spa facilities, concierge services, and private parking provide convenience and enhance the overall lifestyle of residents. These amenities can save time and effort by offering on-site access to fitness activities, relaxation options, and personalized services.
Additionally, luxury condo buyers often prioritize features such as high-end finishes, modern appliances, smart home technology, spacious layouts, and breathtaking views. These features contribute to a sense of elegance, comfort, and prestige that align with the luxury lifestyle that many buyers aspire to. Ultimately, the amenities and features of luxury condos help create a desirable living environment that enhances the overall value and appeal of the property.
Are luxury condos the future of urban living?
Luxury condos are poised to become the epitome of urban living, offering a desirable alternative to traditional homeownership. With their convenience, amenities, and vibrant communities, luxury condos perfectly align with the fast-paced urban lifestyle. As land availability becomes limited, vertical living in luxury condos emerges as a practical solution to meet the growing demand for luxurious stress-free experiences in urban areas.
Closing Comments on Future Trends
With that, we have reached our conclusion. These features are the true marvels of luxury. When these features are available in a condo, life becomes more enjoyable, and residents find a new way of living. If you have the chance, tell us which feature you would want the most in your luxury condominium.
As the luxury condo market continues to evolve, we can expect to see even more innovative amenities and features in the coming years. Whether it’s cutting-edge technology or eco-friendly design, developers are constantly striving to provide residents with the ultimate living experience. In order for luxury condominium communities to adapt quickly to changing lifestyle preferences, we expect to see innovative properties apply transformable design to their common areas to increase functionality.
We also expect to see the following trends to propel the popularity of luxury condo lifestyles:
- More retirees opting to downsize into luxurious stress-free Aging-in-Place condo experiences
- More homeowners exchanging larger homes & lots with long commutes for more convenience and time savings
- More remote workers and home-based business owners leveraging emerging co-working features in luxury condos communities
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