You just described a high-end PC.
As to why such a console doesn't exist, it's not a problem to make the console better and more expensive. The problem is making the games take advantage of that hardware since game development can be extremely expensive. Considering how limited demand there is for such luxury products, those games would have to cost ridiculous amounts of money (in the case of AAA games, that's likely hundreds of thousands if not millions of dollars per copy) to be profitable.







