Florida home selling for more than quarter billion dollars
ONLY IN AMERICA.
A sprawling compound in Naples, Florida, dubbed Gordon Pointe, hit the market as the most expensive home for sale in the U.S. at a staggering $295 million. Located in the affluent Port Royal enclave along the Gulf Coast, is this 9-acre property sells at its asking price, it would eclipse the current U.S. record for a residential sale, set in 2019 when hedge fund billionaire Ken Griffin purchased a Manhattan penthouse for $240 million.
Gordon Pointe boasts a main house spanning 11,500 square feet, featuring six bedrooms, complemented by two guest houses, each exceeding 5,000 square feet. Together, these structures offer a total of 22,800 square feet of living space. Situated on a peninsula, the estate provides 1,650 feet of waterfront, including direct access to Naples Bay and the Gulf of America. Adding to its allure are a private yacht basin and a T-shaped dock capable of accommodating multiple vessels.
WORTH THE MONEY?
The property’s history adds a layer of intrigue. Originally purchased in 1985 by financier John Donahue and his wife, Rhodora, for just $1 million, Gordon Pointe started as a modest 4-acre plot with a fishing cottage. Over decades, the Donahues expanded it into a family retreat, amassing additional land and constructing the current residences. Following their passing, their children decided to sell the property.
This sale could mark a new ceiling for U.S. residential real estate, reflecting both the enduring appeal of Florida’s coastal luxury and the growing audacity of ultra-high-end listings. Whether it achieves its ambitious asking price or follows the path of price reductions seen in other mega-mansions, Gordon Pointe underscores the rarified world of properties where privacy, location, and potential outweigh conventional metrics. For now, it remains a bold statement in a market where extravagance knows few bounds.