Estate/ɪˈsteɪt/ Definition 1 of 5Pro Tip 1/3Ownership Scale Indicates a large property, typically with lands and other buildings. The estate spans hundreds of acres with its own private woods. Pro Tip 2/3Social Status Often implies wealth and a higher social status of the owner. The lord of the estate hosted lavish parties for the nobility. Pro Tip 3/3Historical Importance Estates can have historical value and be part of cultural heritage. The estate dates back to the 16th century and is protected by law.