High-end residential estates situated directly on the edge of a body of water, such as an ocean, lake, or river, represent a significant segment of the real estate market. These residences often feature premium amenities, expansive views, and private access to the water, exemplified by features like private docks, beaches, or moorings.
Historically, proximity to water has conferred advantages in commerce, transportation, and leisure, contributing to the enduring desirability of such locations. Modern upscale developments capitalize on these inherent benefits, offering residents an exclusive lifestyle with opportunities for boating, fishing, swimming, and other water-based recreational activities. The scarcity of these locations, combined with the high cost of development and maintenance, often contributes to their significant value and appeal as investment assets.