Palatial residences are large, luxurious homes that are usually owned by wealthy individuals or families. These residences often feature grand architecture and lavish amenities, such as swimming pools, tennis courts, and expansive gardens. Estates are a type of palatial residence that typically includes multiple buildings, such as a main house, guest houses, and outbuildings. They are often located on large plots of land and may include additional features, such as stables, barns, and greenhouses.