Best Luxury Real Estate Trends of 2023

By Coldwell Banker Global Luxury By Coldwell Banker Global Luxury | January 9, 2024 | Home & Real Estate, Sponsored Post,

Coldwell Banker Global Luxury shared its top luxury home trends of the year in its Best of the Best list—and you won’t want to miss them.

Coldwell Banker Global Luxury’s 2023 Best of the Best list is curated from survey insights gathered from Luxury Property Specialists.

The Coldwell Banker Global Luxury® program goes beyond just helping its clients buy and sell some of the most significant properties in the world—it's about curating the best luxury lifestyle with all the amenities that turn a house into a home. Comprised of property specialists who have their finger on the pulse of all the hottest luxury real estate trends, the Coldwell Banker Global Luxury program is sharing its wealth of knowledge on how to live, sleep, cook, design to the fullest with its Best of the Best list.

"The Coldwell Banker Global Luxury program is at the forefront, working with the most affluent consumers worldwide every day,” says Jason Waugh, president of Coldwell Banker Affiliate Business, Coldwell Banker Real Estate LLC. “As the premier international luxury experts, our Coldwell Banker Global Luxury Specialists are defining the trends that are relevant today and influencing the trends of tomorrow. The Best of the Best is a showcase of their superior insight."

Informed by survey insights gathered from its property specialists, the list features the most sought-after amenities in luxury homes today and highlights all the must-have styles heading into 2024. Here’s a sneak peek of the trends it’s spotlighting.

Best of Kitchen

According to their survey insights, the most desirable homes feature a spacious chef’s kitchen equipped with unique, functional and aesthetically pleasing elements. The leading feature, according to the Coldwell Banker Global Luxury Property Specialists, is a double kitchen island—not only is it pleasing on the eye, but it creates a flexible cooking and entertaining space and establishes the room as a functional place to gather. Another popular trend is paneled refrigerators that seamlessly blend into the kitchen’s cupboards—an inconspicuous look that top interior designers are opting for. On the other end of the spectrum, the property specialists note that statement range hoods are on the rise. Whether it’s a pop of color or a unique design feature, luxury homes are adding personality to their hoods—making them a focal point of the kitchen. Shop Best of Kitchen.

Best of Living Room

For the heart of the home, Coldwell Banker Global Luxury Property Specialists share that luxury trends are leaning towards lots of artistic flair. One leading design choice that brings exactly that is statement lighting. Visually interesting fixtures, bold lamps and creative chandeliers can transform a room’s ambiance while adding a bit of personality. Larger-than-life art pieces are also on the rise. Well-selected, oversized works create a striking focal point for the living room and lend themselves to that luxury sense of flair. To complement these eye-catching features, neutral tones remain a popular choice for living room furniture—lending a timeless, calming vibe, and creating the perfect canvas to build off of. Shop Best of Living Room.

Best of Bedroom

The bedroom should be a retreat from the world, and this year’s trends reflect that beautifully. According to Coldwell Banker Global Luxury Property Specialists, luxury homes are opting for sanctuary-style bedrooms designed with minimalist decor, soft textures and subdued hues. One trend that helps achieve this look is minimal statement headboards. The property specialists note that the right headboard adds a sense of drama and personality to the space—luxe materials, shapes and colors can set the tone for the entire room. Lastly, a feature that will likely never go out of style is high-end linens. Luckily, a plethora of new brands have come on the scene, and there are more styles to choose from than ever. Shop Best of Bedroom.

Best of Outdoor

Two-thirds of Coldwell Banker Global Luxury Property Specialists agree that the biggest trend in luxury outdoor spaces is the essence of indoor-outdoor living. One of the most popular and beautiful ways to achieve this is through cabanas and pergolas. These structures do much more than provide shade; they create a resort-like oasis for relaxing and entertaining. Along the same lines, al fresco dining is all the rage right now, so expanded outdoor living areas such as fire pits and outdoor kitchens are perfect for hosting or enjoying an elevated meal. Water features are another trend that elevates a backyard’s ambiance. From heated swimming pools to stunning fountains, these create a sense of tranquility. Shop Best of Outdoor.

Best of Bathroom

According to the survey, spa-like bathrooms with distinctive wellness features are top of mind for many luxury homeowners. An elegant way to create this sense of serenity and the leading trend in luxury bathrooms this year is freestanding tubs. With an abundance of materials to choose from, these tubs are often the focal point of the room and offer unmatched relaxation. Another popular choice this year is luxury showers that take the experience up a notch with features like massage jets, customizable water pressure and ambient lighting. Along with the ever-popular double vanity, other trending bathroom features include designated treatment rooms, heated floors and infrared saunas. Shop Best of Bathroom.

Best of Tech

Smart home technology is significantly changing how luxury homeowners live and operate in their homes. According to Coldwell Banker Global Luxury Property Specialists, the key to smart home living is a seamless integration where the tech enhances both the home itself and the wellness of its inhabitants. High-tech security systems are still on the rise, and many of this year’s top homes also feature a fully integrated home system that controls not only security, but also centralized lighting, entertainment and climate (connected to a smart thermostat, of course). Wellness tech features gaining popularity include human-sized sound therapy meditation pods, tech-infused fitness equipment and advanced air purifiers. Shop Best of Tech.

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