We explore what to expect in design, amenities, smart-home technology in 2024.
Peace of mind seems to be the running theme in luxury home trends in 2024, whether it’s predictive AI learning to anticipate your needs or building amenities that help entertain your kids or your dinner guests.
Added comfort and convenience to day-to-day life comes at a good time. Economic and geopolitical uncertainties are poised to compound in 2024, with multiple national elections in the cards, including the U.S. presidential election, and the uncertain hope that central banks will bring interest rates back down. Those concerns will affect the direction of luxury home sales from New York to Bangkok.
With all that external noise in the world, anyone who grabbed the maximalist, more-is-more design trend by the horns—in some cases, literally—might prefer to dial back the chaos. Interiors are going to get a little more curated and nature-oriented as people crave serenity.
Take a look at these trends and more in our 3-part lookahead for 2024.
Lavish Dining Areas, Souped-up Children’s Play Rooms and Secluded Workout Spaces Top Amenity Wish Lists for 2024
Luxury buyers dial in how they want to entertain and tend to their wellness.
In luxury villa developments, health amenities continue to rival the highest-end gyms and spas. Affluent buyers have spoken: They want private spaces within sprawling wellness place to reach their personal bests, then actively recover in a sumptuous setting.
“Specificity” is the name of the game going into 2024, with private e-workout pods and spa-like amenities that provide residents with a private escape.
Dinner Parties Make a Comeback
Open-air dining may be an evergreen way of life for many, and combining indoor and outdoor dinner hosting locations are more and more widespread. Formal dining rooms, especially paired with demonstration or chef’s kitchens, are also trending.
In recent years, there has been a noticeable shift in the way people approach dining and entertaining. The trend of combining indoor and outdoor hosting locations has gained significant popularity. This shift is fueled by a desire for a holistic dining experience that embraces the beauty of nature while still providing the comfort and sophistication of indoor spaces. Outdoor dining areas, whether in gardens, patios, or terraces, offer a refreshing change of scenery, allowing guests to enjoy the open air and natural surroundings. This blending of indoor and outdoor spaces creates a versatile and dynamic setting, offering hosts the opportunity to cater to different moods and weather conditions, ultimately enhancing the overall dining experience.
Simultaneously, formal dining rooms have experienced a resurgence in popularity, particularly when paired with demonstration or chef's kitchens. The allure of a designated dining space exudes a sense of elegance and intentionality, providing the perfect backdrop for more refined and formal gatherings. The integration of a demonstration or chef's kitchen further elevates the dining experience, offering guests the chance to witness culinary artistry in action. This trend is not merely about functionality but also about creating a theatrical ambiance where the act of cooking becomes a performance, enhancing the overall enjoyment of the meal. As a result, the combination of formal dining rooms with chef-inspired kitchens represents a marriage of aesthetics and culinary excellence, appealing to those who seek a blend of sophistication and gastronomic delight in their entertaining spaces.
Ultimately, the growing popularity of combining indoor and outdoor hosting locations, along with the resurgence of formal dining rooms paired with demonstration or chef's kitchens, speaks to a desire for a multifaceted and immersive dining experience. This trend reflects an evolving understanding of hospitality where the setting, the culinary artistry, and the overall ambiance contribute collectively to create unforgettable moments for hosts and guests alike. As we embrace these trends, it's evident that the future of dining spaces lies in their ability to seamlessly blend the best of both indoor and outdoor worlds.
Private Wellness Space
Health continues to climb upward in buyers’ list of priorities, and developers are answering with hidden retreats throughout new properties. Spa-like spaces continue to look more appealing and modern, from the stylish tiled steam room and warmly illuminated sauna, to the sophisticated 75-foot pool, hot tub, steam shower.
In the realm of luxury real estate, the ascent of private wellness spaces within villas has become a prominent trend, capturing the attention and preferences of discerning buyers. This surge can be attributed to an increasing emphasis on holistic well-being and a desire for exclusivity and convenience. Buyers are recognizing the intrinsic value of having dedicated spaces within their residences where they can prioritize their physical and mental health without stepping outside their sanctuary.
The global focus on wellness has influenced individuals to seek more than just a luxurious living space; they are now in pursuit of homes that provide a comprehensive well-being experience. Private wellness spaces, featuring state-of-the-art gyms, spa facilities, and meditation areas, offer a retreat within one's own abode. This trend reflects an understanding that health is not just a momentary pursuit but a lifestyle, and luxury villas with integrated wellness amenities cater to this evolving mindset.
Furthermore, the rise of remote work and a shift towards a more balanced lifestyle have heightened the importance of having private wellness spaces at home. The convenience of being able to work out, unwind in a spa-like environment, or practice mindfulness within the confines of one's residence is a powerful draw for today's luxury homebuyers. This prioritization of wellness spaces underscores a shift in the definition of luxury from opulence alone to a more holistic concept that encompasses health, tranquility, and the seamless integration of these elements into daily life.
Reimagined Children's Play Areas
Children’s playrooms, while a ubiquitous feature in most luxury villas, especially the larger ones, have been getting more inspiring and more integrated with the villas’ overall concept.
The evolution of children's playrooms within luxury villas reflects a broader shift in the approach to family-oriented living spaces. While once considered a standard amenity in larger luxury villas, playrooms have now become dynamic, inspiring spaces seamlessly integrated into the overall design concept of the property. This transformation is fueled by a recognition that children's spaces should not only be functional but also contribute to the aesthetic and experiential richness of the entire residence. Designers and homeowners alike are placing greater emphasis on creating play environments that stimulate creativity, foster learning, and align with the villa's overarching architectural and design vision.
The integration of children's playrooms with the villa's overall concept speaks to a desire for a harmonious and cohesive living environment. Rather than isolating these spaces as utilitarian add-ons, modern luxury villas are weaving them into the fabric of the home's design. This approach not only enhances the visual appeal of the residence but also ensures that children's play areas feel like natural extensions of the living spaces, promoting a sense of unity and inclusivity within the home.
In addition to aesthetics, the evolution of children's playrooms is driven by a growing awareness of the importance of a child's environment in their development. These spaces are now designed to be more than just recreational areas; they serve as dynamic learning zones that encourage imagination, exploration, and social interaction. Whether integrated with educational elements, themed designs, or interactive technology, today's luxury playrooms aim to be inspiring and contribute meaningfully to a child's overall well-being.
Space to Nest
Interests in at-home hobbies and nesting to make the most comfortable home skyrocketed in recent years. As such, luxury buyers are asking for more of it.
In recent years, there has been a significant surge in the interest and emphasis placed on at-home hobbies and the concept of nesting. This trend has been propelled by various factors, including shifts in work dynamics, a greater appreciation for work-life balance, and the transformative impact of global events. As more individuals spend increased amounts of time within their homes, the desire to create comfortable and personalized sanctuaries has skyrocketed. Home is no longer just a place to return to after work; it has become a multifunctional space where individuals seek solace, pursue their passions, and cultivate a sense of well-being.
The rise of at-home hobbies is evident in the growing popularity of diverse pursuits such as cooking, gardening, crafting, and home-based fitness routines. With the advent of remote work, individuals are now investing in their living spaces to accommodate and enhance these hobbies. The home is viewed not only as a functional living space but also as a canvas for self-expression, creativity, and the pursuit of personal interests. This shift is reflected in the increased demand for homes with designated spaces for activities such as home offices, studios, or entertainment rooms, allowing individuals to seamlessly integrate their hobbies into their daily lives.
The concept of nesting, or the inclination to create a cozy and inviting home environment, has gained prominence as individuals seek comfort and refuge within their living spaces. This trend extends beyond mere decoration, encompassing a holistic approach to interior design that prioritizes comfort, functionality, and a reflection of personal style. The rise of online platforms showcasing home decor ideas, DIY projects, and organization tips further underscores the growing fascination with creating a home that is not just a dwelling but a sanctuary tailored to one's unique lifestyle and interests.
Read more of our lookahead for 2024: