The Most Expensive Home in the U.S. Hits the Market for $295 Million in Naples, Florida
In a stunning display of luxury real estate, the most expensive home for sale in the U.S. has hit the market for a jaw-dropping $295 million. Known as Gordon Pointe, this extravagant property is located in Naples, Florida, in the affluent enclave of Port Royal. Spanning approximately 9 acres, this compound offers unparalleled privacy and breathtaking beach frontage.
The centerpiece of Gordon Pointe is the main house, which boasts an impressive 11,500 square feet of living space and six bedrooms. In addition to the main house, there are two guest houses, each over 5,000 square feet, bringing the total interior living space to a staggering 22,800 square feet. The property also features a peninsula that provides 1,650 feet of waterfront, a private yacht basin, and a T-shaped dock.
However, according to co-listing agent Leighton Candler of Corcoran, the true value of Gordon Pointe lies not only in its size but also in its potential for development. The property has the capacity to accommodate over 200,000 square feet of residential development, making it a rare opportunity for significant expansion. Candler speculates that a potential buyer may choose to maintain the property as a private family compound rather than breaking it apart.
Gordon Pointe offers more than just luxurious living spaces. Its sandy white beach stretches over 700 feet along the Gulf of Mexico, providing residents with a picturesque view and access to the waterfront. The property also includes a private yacht basin and a T-shaped dock that can accommodate six boats. This rare amenity had to be approved by the U.S. Army Corps of Engineers, further adding to the exclusivity of Gordon Pointe.
The history of Gordon Pointe is as fascinating as the property itself. The first parcel of land was purchased in 1985 by John and Rhodora Donahue, who continued to acquire more lots on the peninsula until they owned the entire compound. Their buying spree created a gated compound that is almost entirely surrounded by water, offering seclusion without isolation.
With a listing price of $295 million, Gordon Pointe stands out even in the ultra-luxe beachfront community of Port Royal. The median listing price in the area is $24.1 million, making this property a true outlier. The highest-priced home before Gordon Pointe hit the market was listed at $45 million, while an adjacent empty lot has been on the market for a year with an asking price of $63 million. Despite the eye-popping price tag, co-listing agent Dawn McKenna of Coldwell Banker Realty is confident in the value of Gordon Pointe and has already booked eight in-person visits with prequalified buyers.
While nine-figure listings can take months or even years to sell, there is no shortage of billionaires willing to invest in these extravagant properties. Notable figures such as Jeff Bezos, Larry Ellison, and Marc Andreessen have all acquired nine-figure compounds in off-market deals. However, it’s important to note that these sales often rely on word-of-mouth marketing and do not have public listings or marketing campaigns.
In the world of luxury real estate, Gordon Pointe stands as a testament to opulence and exclusivity. With its expansive living spaces, stunning waterfront views, and potential for development, this property offers a once-in-a-lifetime opportunity for those seeking the ultimate in luxury living. While its $295 million price tag may seem astronomical to some, for the discerning buyer looking for privacy, beach frontage, and untapped potential, Gordon Pointe is worth every penny.