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Florida mansion is most expensive U.S. home for sale at $295 million


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

Dawn McKenna Group / Coldwell Banker Realty

The most expensive home for sale in the U.S. hit the market this week for $295 million.

Gordon Pointe, as it’s called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal.

The mega-listing includes a main house that spans about 11,500 square feet, with six bedrooms. Two guest houses, each over 5,000 square feet, bringing the estate’s total interior living space to 22,800 square feet. All three homes are on a peninsula that delivers 1,650 feet of waterfront, a private yacht basin and T-shaped dock.

Before you start counting up bedrooms and calculating the price per square foot (which is about $12,900), co-listing agent Leighton Candler of Corcoran told CNBC the value here isn’t so much about the size of the three grand homes on the property, it’s about privacy, beach frontage and a rare opportunity for significant development.

According to a press release that launched the listing, “The property can accommodate more than 200,000 square feet of residential development,” meaning the land has a ton of untapped potential.

“There can be eight waterfront homes on this property,” Candler told CNBC. While the property could be broken apart after purchase, the New York-based broker speculates a potential buyer will more likely maintain it as a private family compound.

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

Dawn McKenna Group / Coldwell Banker Realty

The nine acres are made up of contiguous lots, the first of them purchased in 1985 by John and Rhodora Donahue. John Donahue co-founded a Pittsburgh-based investment management firm, now known as Federated Hermes, with over $758 billion in assets under management, according to the firm’s website.

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

Dawn McKenna Group / Coldwell Banker Realty

After that first purchase in 1985, the Donahues continued to buy up more of the peninsula and didn’t stop until they owned it all. Their buying spree created an exclusive, gated compound almost entirely surrounded by water. A single private drive means no pesky through traffic.

“It gives you all the benefits of being on an island, but on Gordon Pointe your family can be secluded without feeling isolated,” Candler said.

Along with a T-shaped dock that can accommodate six boats, the Donahues also constructed a private yacht basin that’s 231 feet by 50 feet and has a depth of almost 8 feet. Candler told CNBC it’s a rare amenity that had to be approved by the U.S. Army Corps of Engineers.

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

Dawn McKenna Group / Coldwell Banker Realty

Can Gordon Pointe fetch $295 million?

According to Realtor.com the median listing price in Port Royal is $24.1 million.

The highest-priced home, before Gordon Pointe, in the ultra luxe beachfront community hit the…



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Florida mansion is most expensive U.S. home for sale at $295 million

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