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‘Iceberg Houses’: The Latest Luxury Trend for Wealthy Homeowners

by Ivy

Southern California is renowned for its extravagant real estate, showcasing some of the most coveted properties in the U.S. Among these luxurious offerings, a new trend is emerging: iceberg homes. These unique residences are increasingly incorporating lavish subterranean spaces that conceal an array of extravagant amenities, from wellness centers and swimming pools to service kitchens and beyond.

The Rise of Iceberg Homes

The concept of iceberg homes entails creating extensive underground living areas, which have gained popularity as homeowners seek to maximize their properties while adhering to stringent zoning and planning regulations. According to Zoltan E. Pali, design principal and co-founder of the Los Angeles architecture firm SPF
, this trend allows for the preservation of valuable above-ground views while optimizing land use.

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Pali’s firm is behind notable projects like the Orum Residence, an impressive 18,000-square-foot property perched on a hill in Bel Air. This architectural marvel features a striking glass exterior that extends two stories above ground while hiding a lavish third floor beneath. This hidden level boasts a home theater, gym, spa, cedar sauna, service kitchen, and a 1,000-bottle wine room. The basement also connects to an attached guesthouse with four bedrooms, four baths, a kitchenette, and a garage.

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A Growing Demand for Privacy

The trend towards iceberg homes is fueled by a growing demand for privacy and seclusion, particularly in celebrity-rich areas like Los Angeles. Pali notes, “The ability to create expansive spaces that are hidden from view allows homeowners to enjoy their amenities without drawing attention.” This demand reflects a shift in how homeowners approach luxury and privacy, enabling them to indulge in their lifestyle without the scrutiny that often accompanies public life.

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Another notable example of this trend is the Bronze House in the Bird Streets area of Los Angeles, featuring a basement outfitted with a fitness room, spa, four guest bedrooms, and a kitchen.

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Global Expansion of the Trend

The appeal of iceberg homes isn’t limited to California; it has transcended borders. For instance, Hastings House, an $18.2 million former church located in London’s affluent Knightsbridge neighborhood, features a stunning subterranean swimming pool. In the Belgravia area, Cara Delevingne’s childhood home, recently listed for $30 million, conceals an underground movie theater, bespoke cocktail bar, gym, and catering kitchen.

The Challenges of Iceberg Construction

While the allure of iceberg homes is undeniable, constructing such extensive subterranean spaces presents challenges, particularly in terms of time, cost, and maintenance. Luxury developers estimate that projects of this scale in Los Angeles can exceed $1 million in expenses, with complexities related to design and engineering. However, for those who can afford it, Pali believes this trend offers a “unique opportunity for design innovation.”

Conclusion

Iceberg homes represent the intersection of luxury and practicality, allowing affluent homeowners to indulge in their desires while maintaining privacy and maximizing their properties. As this trend continues to grow, it highlights a shift in the real estate landscape, showcasing the innovative ways that luxury is being redefined in today’s market. Whether through expansive subterranean spaces or carefully curated amenities, iceberg homes are becoming the latest flex for wealthy homeowners seeking both comfort and discretion.

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