Written by:
Zarah Mae Torrazo is the Head of SEO content creating content for the Parkhound, WhereiPark, Spacer.com.au, and Spacer.com brands. She specializes in a range of topics including real estate, health, finance, and wellness and has almost 10 years of experience creating informative and engaging content. Beyond her expertise in these fields, she’s deeply passionate about the sharing economy and its impact on industries. She enjoys creating content that is easy to understand, with an aim to simplify complex topics while providing practical and local insights.
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Louise is an SEO Writer for Spacer Technology, creating content for the Parkhound, WhereiPark, Spacer.com.au, and Spacer.com brands. Before joining Spacer, Louise wrote copies and blogs, news, retirement and financial education content. She is enthusiastic about reinforcing financial literacy and anything that can aid people in minimizing expenses and maximizing savings, which led to her passion for the sharing economy. She aims to educate people by translating complex ideas into easy-to-digest information and practical tips for maximum understanding and minimum migraine.
Reading time : 33 mins
Would you buy a piece of concrete for a million bucks? In New York City, a single parking spot once sold for over $1 million at 42 Crosby Street in SoHo. And while that ridiculous price tag seems like a one-time thing, there have been parking spaces over the years that have fetched similar eye-watering prices.
Today, spots at luxury condo buildings often sell for between $500,000 and $750,000. In 2024, underground condo parking spaces at 150 Charles Street in the West Village sold for around $500,000 each.
Some new developments are even considering prices that could match or exceed that record figure. At 80 Clarkson Street, for example, spaces are priced at $750,000 each, which can get you a decent house in most parts of the country.
Across major cities around the world, like London, Hong Kong, and Los Angeles, parking is no longer just about convenience. These sky-high prices reflect a new era of luxury parking.
So fasten your seatbelt as we take you through a list of America’s most impressive luxury garages. From high-tech car elevators to private showrooms and architect-designed structures, these U.S. garages are anything but ordinary.
A luxury parking garage is a high-end facility designed to provide secure, convenient, and premium storage for premium or recreational vehicles.
These garages combine advanced security, upscale design, and personalized services like valet parking, car detailing, and climate-controlled storage.
But what sets them apart from standard parking structures is the experience they can offer. Luxury garages are designed for convenience, exclusivity, and status, with materials, lighting, and layouts that match the quality of the residences or offices they serve.
As Jonathan Clark of Garage Deluxe said in his interview with The Sun, “With some cars such as an early 1960s Ferrari 250 GTO reaching crazy prices of nearly £60 million, the buildings that house them will need to step up too.”
This shows why these luxury garages are built for much more than parking. They provide protection, prestige, and a way to showcase some of the world’s most valuable cars.
This focus on protecting prized vehicles is only part of the story. Today’s luxury garages are also designed for the people who use them, with customization as the driving force behind their architecture. As Domenic Koyama and Fernando Sanchez from McCarthy Building Companies explained, “Parking is often the first interaction visitors have with a facility, and it can influence their perception of an associated business or brand long before they set foot inside.”
But what are the key features of a luxury garage? Here’s what sets them apart:
Luxury garages use high-end materials like polished concrete, custom garage flooring, stone accents, and designer lighting. You’ll find that many include curated artworks, decorative panels, and architectural details that make the space feel more like a showroom than a parking lot.
In luxury garages, surveillance cameras are the bare minimum. These garages often include biometric access, alarm systems, secure entry gates, and even private storage for rare or collectible cars.
Luxury garages may offer valet services, car detailing, maintenance, and concierge support that handles everything from electric vehicle (EV) charging to booking a service appointment.
Expect features like climate-controlled storage, EV charging stations, private lounges, and entertainment spaces. Some even include extras like basketball courts, golf simulators, or bars where car owners can relax and socialize!
Customization is one of the main perks of luxury garages. Owners might add car lifts, rotating platforms, tool storage, or even create personal workspaces and entertainment zones .
For a project in Spain, Garage Deluxe shared that they created a gallery designed to look like a cigar bar and gaming room. “It’s like an underground gentleman’s club,” said Mr. Clark.
Some luxury garages serve as social hubs for car enthusiasts. They host private events, car shows, and meetups where owners can connect and showcase their vehicles.
Video via ArchDaily – 1111 Lincoln Road by Herzog & de Meuron
Designed by renowned Swiss architects Herzog & de Meuron, this garage has been described by Archdaily as having “reshaped the urban fabric of the city.”
Architectural Record wrote that the designers not only successfully relate the structure to the nearby surroundings, but more importantly, “are helping break the mold for the lowly parking garage, lifting it up out of its gloomy limbo into the light and air.”
The garage is a striking open-air, sculptural design with dramatic concrete angles and no exterior walls. The building doubles as a venue for exclusive events, photo shoots, and even weddings, offering panoramic views of Miami Beach. It’s where modern art, luxury lifestyle, and functionality meet.
Chanhassen AutoPlex is a unique community in Chanhassen, Minnesota, made up of private, condo-style luxury garages designed for car collectors and motorsport enthusiasts (more often known as gearheads).
@beckyzarnke #carsandcaves #chanhassenminnesota #autoplex ♬ Offroading – ROKKA
Car culture meets custom luxury at Chanhassen AutoPlex in Minnesota, where collectors open their “garage mahals” to the public during Cars & Caves charity shows. Video via @beckyzarnke on TikTok
As The Wall Street Journal highlighted, these units, dubbed “Garage Mahals,” mix high-end vehicle storage with lavish personal retreats. Star Tribune noted in its feature that the AutoPlex has grown into a vibrant hub where owners gather for monthly open houses and charity shows.
Each unit is custom-designed by its owner and can include features like sports bars, lounges, car lifts, game rooms, kitchens, or cigar humidors. The AutoPlex offers a gated campus that provides privacy, security, and a sense of community among like-minded motor fans.
Garages are individually owned and not available for daily public parking. But it’s open to the public during scheduled events such as Cars & Caves, usually held on the last Saturday of the month from April through September. Prices for garage units typically start around $150,000 to $200,000 for a basic shell, with highly customized units selling for much higher.
When it comes to luxury garages, it seems Miami is leading the pack. Faena Park is part of the Faena District in Miami Beach, a group of buildings designed by OMA, the internationally known architecture firm founded by Rem Koolhaas.
Faena Park in Miami Beach blends high-end design and technology with a fully automated parking system. Video via GATE Precast on Youtube.
Described on its official site as “redefining the average parking space”, this avant-garde structure offers more than just a place to park. It features a striking art gallery-like design with curved metallic façades, making it a vibrant cultural destination in the heart of Miami Beach.
Faena Park is known for blending utility with high design. Its sculptural, perforated precast concrete façade ensures natural ventilation, controlled light, and a subtle reflection of the vehicles inside.
This three-level, 28,000 square feet garage includes street-level retail and even a penthouse event space with Atlantic views. It also offers practical solutions like underground parking levels that connect to nearby buildings. Not sure what to expect? Here’s what to know before you park underground.
Florida makes another entry in the luxury garage list with the Porsche Design Tower located in Sunny Isles Beach. The $32 million luxury condo features what Architectural Digest calls a “spectacular car elevator system” called the Dezervator.
Take a look inside Porsche Design Tower in Sunny Isles Beach, where luxury living meets automotive engineering, complete with car elevators and sky garages. Video via CBS Miami on YouTube.
As the first of its kind, the automated car elevator system features three hydraulic car elevators that transport your car right through the lobby and up to your very own in-unit garage.
Porsche Design Tower combines high-end residential living with advanced automotive technology.
Some layouts include a living room and bar within the garage space (if you choose to). The residence offers a living and dining area, a modern kitchen, a family room, and four en suite bedrooms. Building amenities include a private movie theater, game room, and a car concierge service that provides regular vehicle maintenance.
Florida’s affinity for luxury automotive living continues with Bentley Residences, also located in Sunny Isles Beach. Developed by the same visionaries behind the Porsche Design Tower, this architectural marvel is the world’s first Bentley-branded residential building, blending sophisticated design with cutting-edge car elevator technology.
Step inside Bentley Residences in Sunny Isles Beach—where private sky garages, wraparound pools, and Bentley-inspired design redefine vertical luxury. Video via Catherine Lemeshevski on YouTube
As reported by Downtown Magazine, Bentley Residences features the next generation of the Dezervator, allowing residents to drive directly into their units without ever leaving their vehicle.
“By placing the cars adjacent to the unit as well as having oversized balconies with swimming pools, we’ve really created what we believe to be a home in the sky,” says Dezer Development CEO Gil Dezer in the article.
Bentley Residences offers the kind of comfort and style usually found in the world’s most exclusive resorts. Each home has a huge balcony with a private pool, outdoor shower, and summer kitchen, giving residents their own private escape with ocean views.
Inside, the spaces are finished with custom details inspired by Bentley design, from diamond-pattern wood to polished stone and soft, elegant lighting. The building’s shared spaces include a cinema, whiskey bar, cigar lounge, spa, and landscaped gardens, creating a true luxury experience at every level.
Bentley Residences is a private, ultra-exclusive residential building. Access to the car elevators and garage levels is restricted to residents and their guests, with all vehicle movements managed through a secure resident-controlled system. No public parking or tours are offered.
Even parking on The Strip goes big. Wynn Las Vegas is one of the city’s most famous luxury resorts, known for its upscale rooms, fine dining, and attention to detail.
It’s no surprise, then, that the same top-tier standard applies to its valet garages. Valet parking at Wynn Las Vegas is designed to feel like part of the luxury resort experience.
Wynn Las Vegas elevates valet parking into a curated guest experience. The garages feature art installations (some even feature large-scale LED artworks), elegant chandeliers, and decorative details that make even dropping off your car feel like a luxury experience.
Full-time attendants provide personalized service, helping with luggage, opening doors, and offering assistance beyond just parking the vehicle. Guests can also request extra services like car detailing or help with directions and recommendations.
Vault Motor Condos offers private, high-end spaces built for car collectors who want security, flexibility, and style. With locations across the U.S. and Canada, including Asheville, Greenville, and Mt. Pleasant, The Vaults is designed for people who want both luxury and flexibility in how they use their space.
Tour The Vault in Asheville, North Carolina: private, customizable motor condos built for collectors who want security, space, and style. Video via Alec Cantley, REALTOR® on YouTube
In an interview with National Post ahead of the Edmonton location launch, James Murray, vice-president of The Vaults, shared: “When we talk about lifestyle storage, it’s far more than just a garage. It’s really a space that people use for recreation, for entertaining, or maybe for an alternate office space.”
Each unit is built for flexibility and can be customized with luxury features like lounges, bars, offices, or sports areas. The design combines solid concrete construction, 24/7 secure access, and premium finishes to give owners a space that’s as stylish as it is functional.
Access Information
Vault Motor Condos are private and only open to owners and their invited guests. Units are purchased as real estate, not rented. Access is fully controlled by the owner. Each facility is gated, with 24/7 key fob entry and no public access.
Not all luxury parking spaces are built the same. Whether you’re looking for a motor condo, private garage, or a sky-high auto suite, here’s what to consider before you invest:
Think about what you’re storing. A single sports car will have very different needs compared to a multi-car collection, an RV, or a boat. Some luxury garages are designed for large or specialty vehicles, with extra-wide doors, deep bays, or lifts.
Garage Werks, a company that builds private, customizable motor condos for car collectors, notes that today’s motor condos often include options tailored for everything from sports cars to RVs and boats.
“Traditionally, car enthusiasts have relied on personal garages or storage units to house their valuable vehicles. However, as the automotive community grows and evolves, so do the expectations of its members. Car condos take the concept of a traditional garage to the next level, offering a sophisticated and purpose-built space that goes beyond just storage,” the company explains in its blog.
Make sure the space fits your vehicles comfortably and leaves room for movement, maintenance, or display. Many motor condos offer 1,600 to over 3,600 square feet, with ceiling heights of 20 to 27 feet for lifts, RVs, or stacked cars. Extras like built-in cabinets, climate control, or mezzanines can make the space even more functional.
The mantra “Location, location, location” also applies to garages. Where your luxury garage is located matters. Do you want it near your home, business, or airport? Some properties, like The Vaults or Porsche Design Tower, emphasize convenience by placing units near major hubs or providing direct vehicle access to living spaces.
One of the biggest draws of luxury parking is the chance to make the space your own. Options can range from simple finishes to adding lounges, kitchens, golf simulators, or private showrooms.
Security is a key part of luxury parking. Look for:
Recent expert analysis shows luxury motor‑condos are increasingly chosen for their advanced security. Risk Strategies explains that “garage condos are increasingly becoming the choice option to obtain state‑of‑the‑art security and insurance savings.”
These facilities now often include AI‑driven surveillance, tamper‑proof concrete walls, fire‑safe construction, and fully monitored alarms. Not only do these protections safeguard cars. They can also lower insurance costs by providing better risk mitigation.
And while high-end features are a bonus, even basic garage storage offers better protection than parking on the street. Here’s why parking your car in a garage is always a smart move.
Know whether you’re buying or leasing the space. Motor condos are typically purchased as real estate, while other luxury garages (like those in residential towers) come with a condo or apartment.
In many markets, motor condos are seen as both functional space and an investment, with demand rising as collector car values climb. A 2024 McKinsey report estimates the global collectible car market is now worth around 800 billion in euros, with vehicles from the 1980s‑2000s showing strong value appreciation. Forbes notes that newer generations are entering the collector car market, pushing demand for dedicated spaces like motor condos and private garages.
Luxury parking and motor condos aren’t just a niche; it’s a booming trend. According to Statista, the global classic car market surged from $30.9 billion in 2020 to an estimated $43.4 billion in 2024. And as the price tags on their vehicles climb, collectors are investing more in upscale, secure storage.
Younger collectors are also entering the market. A Hagerty report shows that vehicles from the 1980s to early 2000s are rapidly gaining collector status, which is driving (pun intended) demand among Millennials and Gen-Z.
But you don’t need to own a Ferrari or a dozen classic Mustangs to feel the effects of this trend.
As demand grows for luxury motor condos, it’s also pushing up the standard for what all kinds of parking look like. This means better parking standards even for regular city parkers. Here’s how it affects more than just collectors:
Even if you’re not in the market for a six-figure motor condo, these shifts tell us something: people want more from their parking.
“We’re seeing a real shift where people are treating garages like lifestyle spaces, not just utility zones,” says Mike Rosenbaum, CEO of Spacer. “The luxury garage trend reflects how drivers, especially in high-density cities, are willing to invest in secure, customizable, and even social spaces for their vehicles.”
Whether it’s safety, convenience, or custom features, what used to be ‘just a garage’ is becoming part of people’s lifestyle.
A motor condo (short for “motorized condominium”) is a private garage space that’s owned like real estate. Unlike a typical storage unit, motor condos are often customizable and include features like mezzanines, bathrooms, lounges, or car lifts. Owners can use the space for vehicle storage, entertaining, or even light work use.
Prices vary by location, size, and amenities. As of 2024–2025, motor condos in popular U.S. markets like Florida and Texas typically range from $250,000 to $600,000+, depending on square footage and customization options. Some ultra-luxury spaces in high-demand areas can exceed $1 million.
No. Motor condos are typically zoned for storage and light commercial use, not residential living. While they can be designed to feel like a private retreat, local zoning laws usually prohibit sleeping overnight or using the space as a full-time home.
You don’t need to own a luxury car to want a safer place to park. Whether you’re storing a classic vehicle or just want peace of mind overnight, Spacer connects drivers to secure, garage-style parking in cities across the U.S.
From Los Angeles to Chicago, Dallas to Miami, you’ll find affordable monthly parking options, many with gated entry, indoor protection, and 24/7 access.
Zarah Mae Torrazo is the Head of SEO content creating content for the Parkhound, WhereiPark, Spacer.com.au, and Spacer.com brands. She specializes in a range of topics including real estate, health, finance, and wellness and has almost 10 years of experience creating informative and engaging content. Beyond her expertise in these fields, she’s deeply passionate about the sharing economy and its impact on industries. She enjoys creating content that is easy to understand, with an aim to simplify complex topics while providing practical and local insights.
Zarah Mae Torrazo is the Head of SEO content creating content for the Parkhound, WhereiPark, Spacer.com.au, and Spacer.com brands. She specializes in a range of topics including real estate, health, finance, and wellness and has almost 10 years of experience creating informative and engaging content. Beyond her expertise in these fields, she’s deeply passionate about the sharing economy and its impact on industries. She enjoys creating content that is easy to understand, with an aim to simplify complex topics while providing practical and local insights.
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