Florida's $295 Million Compound: America's Most Expensive Home Listing

There are only three homes on the tip of this Naples, Florida peninsula, known as Gordon Pointe. All three belong to the Donahue family.

A waterfront compound in Naples, Florida, has been listed for an astounding $295 million, setting the stage for what could be the highest residential sale in U.S. history. This potential record-breaker surpasses the previous $240 million record set by Ken Griffin for a Manhattan penthouse in 2019.

Nestled at the edge of a peninsula in the upscale Port Royal neighborhood, this tropical oasis, known as Gordon Pointe, carries a colorful history. Financier John Donahue, captivated by the then-undeveloped land during a flyover, decided to transform the 4.3-acre mangrove-surrounded lot, purchased for $1 million in 1985, into a 60-acre sanctuary.

The compound totals 60 acres, of which 9 are currently for sale.

The highlight of this sprawling estate, now up for sale, is a 9-acre segment featuring 1,650 feet of waterfront, three grand residences, and a private yacht basin complete with a T-shaped dock. The initial home, constructed by the Donahues, spans roughly 11,500 square feet with six bedrooms and a screened-in pool. Over the years, two more luxurious houses were added, each showcasing unique features and expansive living spaces.

John and Rhodora Donahue, high school sweethearts who shared 70 years together, left behind a legacy enjoyed by their 13 children and extended family. With the couple's passing in 2017 and 2022, the family feels it's time to move forward, transitioning from their cherished Florida retreat to family reunions on a Pennsylvania farm closer to their roots.

If the property gets anywhere close to its asking price, it’ll be a new national record.

Listed by Coldwell Banker Realty's Dawn McKenna Group, in collaboration with the Leighton Candler Team of Corcoran and Savills' Rory McMullen, the property's exceptional asking price reflects its unparalleled scale, prime location, and the rarity of such a significant plot in Florida's real estate market today.

The beachfront retreat boasts 1,650 feet of waterfront.

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