Private Estate with Development Potential in Los Picos, Marbella Golden Mile

Nestled in one of Marbella’s most exclusive gated enclaves, this grand estate in Los Picos on the Golden Mile presents a rare blend of refined Andalusian charm, impeccable craftsmanship, and exceptional investment potential. With views toward La Concha mountain and glimpses of the Mediterranean Sea, this property is set on expansive grounds and currently classified as rustic land—with approval for future urban development already in place.

The estate comprises four distinct structures: the main house, a pool house, a guest house, and separate staff quarters. All residences are immaculately maintained and richly detailed, with interiors featuring hand-painted bathroom tiles and furniture, exclusive fabric wall coverings, underfloor heating, and independent climate control systems. Every bedroom has been designed to offer maximum privacy and comfort, with ensuite bathrooms and refined design finishes.

The main house offers a warm countryside-style layout with a spacious entrance, bedrooms positioned to the right, and a high-spec kitchen on the left. This stylish kitchen, complete with a fireplace and lounge area, flows into a formal dining room and living room with sliding glass doors that open onto the southern terrace and pool. A second living room and outdoor lounge area with fireplaces offer even more space for entertaining and relaxation.

Adjacent to the pool is a well-designed terrace with a built-in BBQ and al fresco dining area, directly accessible from the kitchen. The pool house is currently configured as an elegant office space with its own fireplace and bathroom. The guest house, set at the far end of the terrace, spans two floors and features four ensuite bedrooms—perfect for hosting guests or family.

Set on generous, lush grounds, the estate includes a variety of fruit trees, a duck pond, and carefully landscaped garden areas ideal for lounging and outdoor entertaining. While the estate offers immediate comfort and luxury living, it also holds compelling long-term potential. The property’s rustic classification allows for agricultural use, such as horse stabling or crop cultivation, but it also forms part of an approved urban development plan sanctioned by Marbella Town Hall.

This means infrastructure such as electricity, roads, drainage, and water can be introduced and maintained by local authorities upon presentation and approval of development proposals. The opportunity for modernisation or subdivision presents an exceptional value proposition for the savvy investor. Not only can the property’s inherent charm be elevated through thoughtful updates, but its official transition to urban land opens the door for additional income-generating projects.

Whether you’re looking for a secluded luxury estate, a family retreat with guest accommodations, or a long-term development opportunity in Marbella’s most prestigious area, this property stands in a league of its own.