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Private Waterfront Compound with Untapped Development Potential Listed for $66.5 Million in Port Royal





The Ultimate Luxury Estate on Gordon Pointe

The main house at Gordon Pointe spans 11,500 sq ft.

A Haven of Luxury and Privacy

The mega-listing of Gordon Pointe represents the epitome of luxury real estate. Spread over nine acres, this remarkable property boasts of unparalleled privacy and seclusion, making it the perfect sanctuary for the discerning buyer. Located on a peninsula, the estate offers stunning waterfront views, spanning 1,650 feet, adorned with a private yacht basin and a T-shaped dock. It’s a rare opportunity for significant development, with the potential for over 200,000 square feet of residential space.

The main house features a spacious layout with 11,500 square feet of living space and six bedrooms. In addition, the property offers two guest houses, each over 5,000 square feet, adding to the grandeur and providing a total interior living space of 22,800 square feet.

Gordon Pointe’s sandy white beach stretches over 700 feet on the Gulf of Mexico.

Privacy, Convenience, and Spectacular Beachfront

Aside from the extravagant living space and magnificent views, the real value of the Gordon Pointe estate lies in its unparalleled privacy and beachfront access. The exclusive gated compound, almost entirely surrounded by water, offers a remarkable sense of seclusion without isolation. The property’s sandy white beach stretches over 700 feet along the pristine Gulf of Mexico.

With a private drive and no through traffic, the estate guarantees tranquility and convenience. In addition, the property features a meticulously designed private yacht basin with the capacity to accommodate six boats.

The waterfront view of the main house and a stretch of beach on Gordon Pointe.

The Potential for Development

Besides its current allure, the Gordon Pointe estate holds tremendous potential for development. According to a press release, the property can accommodate over 200,000 square feet of residential development, allowing for the creation of eight waterfront homes. Its strategic location and expansive size provide endless possibilities for customization and enhancement.

While the immense potential for development and significant square footage command attention, co-listing agent Leighton Candler of Corcoran emphasizes that the intrinsic value of the property lies in its unmatched privacy, beach frontage, and the exceptional opportunity to create a private family compound.

A view of Gordon Pointe with the private yacht basin in the lower right corner.

Dawn McKenna Group / Coldwell Banker Realty

The Luxury Real Estate Market: The Journey of Nine-Figure Listings

The luxury real estate market is known for its exceptional properties with eye-popping price tags. However, selling these extravagant homes can be a challenging feat, often taking months or even years.

To provide perspective, consider the case of the Chartwell Estate in Los Angeles. Initially listed for a whopping $350 million, the mansion with its extreme price underwent several reductions before ultimately selling for $150 million to Lachlan Murdoch.

photo-credit-Cody-Boone-SERHANT-Studios.jpg?resize=720%2C405&ssl=1" height="405" width="720" layout="responsive" alt="A view of the Central Park Tower at 217 West 57th St. in New York City." data-testid="image" class="jsx-1560264765 i-amphtml-layout-responsive i-amphtml-layout-size-defined" i-amphtml-layout="responsive">

A view of the Central Park Tower at 217 West 57th St. in New York City.

Source: Cody Boone, SERHANT Studios

Remarkable Locations and Extravagant Buyers

These extraordinary, multimillion-dollar properties often catch the attention of famous billionaires, such as Ken Griffin, Jeff Bezos, Larry Ellison, and Marc Andreessen. These high-profile individuals have secured their own nine-figure compounds through private off-market deals, adding to their lavish real estate portfolios.

The market for nine-figure listings defies conventional real estate norms, as they often involve discreet transactions and whisper listings. While publicly listed properties undergo price changes visible to all, these exclusive deals operate under the radar and make tracking price fluctuations nearly impossible. As a result, the journey to sell such properties entails a unique approach catering to a select group of buyers.

The Chartwell Estate in Los Angeles

Photograph by Jim Bartsch, courtesy of the Estate of Jerry Perenchio

One notable example of this exclusive market is the sale of the Chartwell Estate in Los Angeles. With an original price tag of $350 million, the mansion experienced significant price reductions before finally selling for $150 million. The fortunate buyer, Lachlan Murdoch, recognized the potential and seized the opportunity to transform the extraordinary estate into his own haven of luxury.

Another notable whisper listing is a magnificent mansion in Malibu, which Jay-Z and Beyoncé acquired in an off-market deal for a staggering $190 million.

These cases demonstrate that selling luxury properties revolves around a distinct market, where parameters such as exclusivity, privacy, and the unparalleled appeal of extraordinary property features play a significant role in attracting the right buyer.

Jeff Bezos gives a thumbs-up as he speaks during an event about Blue Origin’s space exploration plans in Washington, D.C., May 9, 2019.

Clodagh Kilcoyne | Reuters

Choosing Exclusive Living: A Global Luxurious Lifestyle

Purchasing properties in this extravagant nine-figure realm offers a glimpse into a global elite’s lifestyles and their pursuit of opulent living. These extraordinary individuals, with their discerning choices, prove that luxury properties continue to inspire and capture a world where exclusivity and prestige seamlessly merge.


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