Superrich buy entire blocks for private compounds

'Landmaxxing'—acquiring neighboring properties to create private compounds—drove the U.S. luxury market in early 2026, with property searches doubling vs. 2025.

Ken Griffin spent over $450 million assembling a 27-acre compound in Palm Beach; Jeff Bezos spent over $230 million on Indian Creek Island in Miami.

Larry Ellison is a prolific buyer in Malibu, Incline Village, and Manalapan, often purchasing multiple lots for water frontage.

Luxury real estate demand is fueled by cash buyers and lifestyle, insulated from higher interest rates affecting the broader housing market.

Agents report clients now seek 200–300 feet of water frontage, often requiring lot assembly—a trend not common five years ago.