NewsNation

Most expensive US home lists for record $295 million

Photo credit: Dawn McKenna Group/Coldwell Banker Realty

NAPLES, Florida (NewsNation) — The most expensive home in the country is on the market for $295 million.

The property, known as Gordon Pointe, is located in Naples’ Port Royal neighborhood and includes three waterfront houses, a yacht basin and a dock for approximately six boats.


It was brought to market by Coldwell Banker Realty’s Dawn McKenna Group, in partnership with The Leighton Candler Team of Corcoran and Savills’ Rory McMullen.

McMullen told NewsNation digital that “Opportunities like this are rarely available” and that the sale will be a “once in a generation opportunity.”

“What makes Gordon Pointe so unique is the combination of compound-style living and its beachside setting,” McMullen added.

Photo credit: Dawn McKenna Group/Coldwell Banker Realty

The origins of the compound investment started with late financier John Donahue. He spent $1 million for land in 1985, according to The Wall Street Journal, which exclusively reported the sale.

Photo credit: Dawn McKenna Group/Coldwell Banker Realty

The 9-acre compound offers has potential for more than 200,000 square feet of residential development and is ideal for a “subdivided community for a lucky few,” according to the news release.

“Gordon Pointe gives you all the benefits of being on an island without being isolated from the rest of the world, making this an exceedingly rare and exceptional property,” Leighton Candler says.

McMullen also said there’s been a “significant migration of wealth” to Naples and the east coast of Florida, “especially for those looking for privacy and security.”

Photo credit: Dawn McKenna Group/Coldwell Banker Realty