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The ultimate way for billionaires to show off their wealth is no longer buying another mansion, or even two. Wealthy buyers are increasingly snapping up adjoining properties to build private estates equipped with facilities ranging from exclusive parking lots to caged tennis courts. A recent mid-year report from Coldwell Banker shows that “land maximization” — the practice of optimizing individual land assets by acquiring more land — boosted the luxury housing market early this year. The report said that in the first five months of this year, searches for luxury homes in the US doubled compared to 2025. Among them, searches for land that can be built increased 97% year over year, while searches for specialty properties, including private islands and estates, more than doubled.
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The ultimate way for billionaires to show off their wealth is no longer buying another mansion, or even two. Wealthy buyers are increasingly snapping up adjoining properties to build private estates equipped with facilities ranging from exclusive parking lots to caged tennis courts. A recent mid-year report from Coldwell Banker shows that “land maximization” — the practice of optimizing individual land assets by acquiring more land — boosted the luxury housing market early this year. The report said that in the first five months of this year, searches for luxury homes in the US doubled compared to 2025. Among them, searches for land that can be built increased 97% year over year, while searches for specialty properties, including private islands and estates, more than doubled.
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