Glamorous Garages and Beautiful Barns: The New Must-Have Amenities

Luxury homes with decked-out family rooms, kitchens, primary bedrooms and bathrooms are standard today and practically a given. The latest mania, however, has owners glamming up their often overlooked garages and barns.

Called “toy barns,” “barndominiums” and “toy garages” in real estate circles and by the amenity-obsessed set, these functional spaces are being repurposed into gleaming showrooms filled with pricey outdoor gear—think ATVs, snowmobiles, electric bikes, boats and more.

Sitting areas, bars and diversions such as pool tables also figure in and turn barns and garages into entertainment venues that become a hub for owners to socialize with family and friends.

Take Jeff Collins, founder of Glennwood Custom Builders in Charlevoix, Michigan, for example. His lakefront home features a 2,500-square-foot barn with a lounging space, sleds, dirt bikes, a card table and a basketball hoop. The back doors open into a yard with a shooting range. “My friends come over a lot, and we hang the whole time in the barn,” Collins said. “We drink beers, play around with the equipment and shoot hoops. I can’t remember the last time we actually went into the house.”

A rendering of a toy barn in the still-in-construction Legacy Ranch in McCall, Idaho.
Courtesy Whitetail Club

Barndominiums like his are the craze in his town, according to Collins.

“They’re what everyone wants,” he said. “I’m building two for homes in my neighborhood and have inquiries for more.”

An Amenity That’s Gaining Popularity

Real estate agents and brokers who focus on upscale homes also report an increasing interest in toy barns and say that a property that offers one can attract more buyers than a listing with typical amenities such as swimming pools and wine cellars.

Timothy Di Prizito, the CEO of The Di Prizito Group & DPG Estates at Christie’s International Real Estate/AKG in Los Angeles, for instance, said that showpiece barns and garages are becoming a more popular feature in luxury homes, particularly in new construction properties.

“Wealthy owners are investing in turning their homes into resorts. It started with building commercial-sized gyms and onsite spa facilities,” he said. “Today, it’s all about having onsite entertainment annexes and auto galleries. They give a property a distinct edge.”

Di Prizito is currently selling a property called Bella Vista in Montecito for $70 million that features an estimated 32-car collection garage. Originally designed as a helicopter hangar, the space has vaulted ceilings, epoxy flooring and a second level with two studio apartments.

Patrick Nesbitt, the CEO and chairman of the real estate development company Windsor Capital Group, owns the estate with his wife, Ursula, and said his family regularly uses the space. “We’ll have friends over for dinner there and loan it to charities to host events. We even had my son’s wedding party in the garage and transformed it into a beautiful reception ballroom,” he said.

The outdoor gear changes with the season at Aspen Valley Ranch.
Courtesy Aspen Valley Ranch

Nesbitt is selling Bella Vista, he said, because his children have moved out, and he wants to downsize.

Another home with a toy space is currently for sale in Honokaa, Hawaii, asking $7.4 million. Its 3,300-square-foot freestanding barn is solar-powered and is where owners Matthew and Susan Russell display their stash of luxury gear such as life-size model airplanes, ATVs and motorcycles.

“We had many happy memories in the barn spending time with our grandchildren and friends,” Matthew said. The couple is selling the home, he said, to settle full-time in Sedona.

A Perk Not Reserved For Houses

Eye-candy barns and garages are also becoming more common in upscale residential developments.

Martis Camp, set on 2,177 acres in Truckee, California, in North Lake Tahoe, has several homes with what Brian Hull, president and broker at Martis Camp Realty, refers to as “activity garages.” They typically house snowmobiles, ATVs, motorcycles, boats and ski equipment. “Our community has access to a 26-mile trail network through national forest land and the mountains, so owners amass a lot of gear,” Hull said.

More developments are highlighting their toy storage areas as an amenity for all residents to enjoy, in the same vein as a fitness centre or clubhouse.

Tributary, a private club community in Teton Valley, Idaho, offers a recreation barn stocked with gear like paddleboards, fishing gear, rafts and snowshoes. And in McCall, Idaho, the still-in-construction Legacy Ranch, set within the existing Whitetail Club, hopes to entice potential buyers by giving them the option and the designs to build homes with toy barns.

“The lots at Whitetail Club are less than two acres, and owners don’t have space on their properties to store all their outdoor equipment, which they are asking for more and more,” said Whitetail Club’s head of development Dan Scott. “Several have told me that they want to upgrade to Legacy Club for the sole purpose of having a toy barn.”

Then there’s Aspen Valley Ranch in Aspen, Colorado, a development with homes starting at $15 million. According to vice president Simon Chen, the 5,000-square-foot two-story toy barn is the heart of the community’s action.

The equipment in the building changes seasonally. During warmer months, that means top-of-the-line dirt bikes, four-wheelers and a fleet of regular and e-mountain bikes. Come winter, the barn is stocked with six snowmobiles, four-wheelers with tracks to navigate through snow, snowshoes and sleds.

A rendering of a toy barn in the still-in-construction Legacy Ranch.
Courtesy Whitetail Club

Residents can also avail of the barn’s second floor, featuring a games area with ping-pong and pool tables and classic arcade games such as Pac-Man and Skee-Ball. The adjoining bar, lined with premium wine, and spirits such as Macallan 18-year scotch and Clase Azul Ultra tequila, retailing for close to $2,000 a bottle, is a big attraction for residents, Chen said. “Our owners are welcome to enjoy the alcohol for no charge,” he said. “Our development has a gorgeous swimming pool and spa and a massive gym, but the barn is where they most want to be.”

This article originally appeared on Mansion Global.

Australia’s luxury property market is being quietly reshaped by one of the most significant wealth expansions in the world.

According to Knight Frank’s latest Wealth Report, the country’s billionaire population is set to grow by 77 per cent over the next five years, rising from 48 to 85 individuals.

That surge sits within a broader wave of wealth creation. Ultra-high-net-worth individuals, those with more than US$30 million, are forecast to increase by nearly 60 per cent to over 26,000 Australians by 2031.

Globally, the pace is accelerating. The report reveals that 89 new ultra-wealthy individuals are created every day, a figure that underscores a structural shift in capital formation rather than a cyclical upswing.

For luxury property markets, this is not just a headline number. It is a demand driver.

Australia’s wealth story is increasingly underpinned by diversification across resources, finance, technology and services, creating a depth of private capital that is both mobile and strategic.

And mobility is key. The ultra-wealthy are no longer tied to a single market. Instead, they are operating across multiple global hubs, maintaining footholds in cities like London, New York and Singapore, while using Australia as a stable base.

In this environment, real estate becomes less about shelter and more about positioning. Trophy assets remain desirable, but capital is increasingly being deployed across the full risk spectrum, from long-term holds to value-add opportunities. For Australia, the implications are clear. As wealth expands, so too does the expectation of product, and the locations that can attract it.

The billionaire effect

While property remains central to wealth preservation, the latest data shows that capital is increasingly spreading across luxury asset classes, albeit with a more disciplined approach.

Knight Frank’s Luxury Investment Index recorded a modest 0.4 per cent decline in 2025, signalling a stabilisation phase after several years of correction.

But beneath that headline number is a more telling shift. Collectors are moving away from speculative buying and toward assets defined by rarity, provenance and cultural significance.

Impressionist art led the market, rising 13.6 per cent, buoyed by landmark sales including a US$236 million Klimt painting. Watches also performed strongly, up 5.1 per cent, driven by continued demand for brands like Patek Philippe and Rolex.

At the same time, more volatile categories have corrected. Whisky values fell 10.9 per cent, while parts of the fine wine market have softened following pandemic-era highs.

Perhaps the most notable trend is behavioural. Younger investors are entering the market through fractional ownership platforms, gaining exposure to high-value assets that were once out of reach.

For property, the parallels are clear. The same focus on scarcity, narrative and long-term value is increasingly shaping buying decisions at the top end of the residential market.

Global wealth

The growth in billionaires is not just increasing demand, it is changing where that demand is directed.

In Australia, Brisbane has emerged as one of a handful of global cities experiencing rapid change in its luxury positioning. The city’s transformation is being driven by infrastructure investment and the 2032 Olympics, with top-end apartment prices rising from around US$6 million to more than US$10 million in just 12 months.

Luxury price growth has remained steady, with Brisbane rising 2.1 per cent in 2025, while the Gold Coast recorded 2.8 per cent.

At the same time, buying power is tightening. US$1 million now buys 5 per cent less in Brisbane than it did five years ago, reflecting the upward pressure on prime markets.

The trend is not confined to capital cities. Regional lifestyle markets are also capturing attention. Geelong’s waterfront has been identified as one of the world’s hottest luxury residential markets, driven by a combination of coastal amenity, infrastructure and relative value.

In these markets, pricing is no longer the sole driver. Lifestyle, accessibility and long-term growth are increasingly shaping buyer decisions, particularly among globally mobile wealth.

Alternative luxury assets

Beyond residential property, high-net-worth individuals are continuing to diversify into alternative assets that combine lifestyle and investment potential.

One of the most compelling examples is vineyard investment. Knight Frank’s Global Vineyard Index highlights the Barossa Valley as one of the best-value wine regions globally, where US$1 million can secure more than 18 hectares of land.

Despite a 10 per cent decline in land values over the past year, the broader outlook remains positive, particularly as the global wine industry shifts toward premiumisation.

This “trading up” trend is seeing consumers favour higher-quality, provenance-driven wines over mass-market products, reinforcing the long-term appeal of established regions like the Barossa and Eden Valleys.

For investors, the appeal lies in the intersection of lifestyle and capital preservation. Vineyard assets offer not only production potential, but also a narrative — something increasingly valued in a market where experience and authenticity carry weight.

Glamorous Garages and Beautiful Barns: The New Must-Have Amenities

Australia’s wealthy class is expanding fast, and Knight Frank says that a surge in billionaires is reshaping the nation’s luxury property market.