Naples, Florida – A sprawling estate known as Gordon Pointe has hit the market for $125 million, making it one of the most expensive listings in the ultra-luxe Port Royal community. The property spans nine acres and features three grand homes, including a main house, two guest houses, and extensive waterfront access.
The main house alone boasts a staggering 11,500 square feet of living space, while the two guest houses each exceed 5,000 square feet. In total, the estate offers 22,800 square feet of interior living space, along with 1,650 feet of waterfront, a private yacht basin, and a T-shaped dock. According to the co-listing agent, the true value of the property lies not just in its size, but also in its potential for development, privacy, and beach frontage.
The estate’s potential for residential development is significant, with the ability to accommodate more than 200,000 square feet of new construction. Currently, the property can support up to eight waterfront homes, presenting a rare opportunity for a potential buyer to create a private family compound or explore substantial development options.
The nine-acre peninsula was assembled over several years by its current owners, John and Rhodora Donahue, creating an exclusive, gated compound surrounded by water on nearly all sides. The privacy and seclusion offered by Gordon Pointe’s unique location make it a highly desirable property in the affluent Port Royal community. Additionally, the estate features a private yacht basin and a T-shaped dock, providing ample space for boat owners.
With a listing price of $125 million, Gordon Pointe has already drawn significant interest in the luxury real estate market. Potential buyers have already scheduled in-person visits, reflecting the high demand for exclusive properties in coveted waterfront communities like Port Royal. However, it’s important to note that properties in this price range can often take months, if not years, to sell, given the limited pool of buyers capable of making such substantial purchases.
High-priced listings like Gordon Pointe are not uncommon in the luxury real estate market, with properties in New York and Los Angeles also commanding nine-figure price tags. The ultra-luxe market continues to attract wealthy buyers and investors, with notable transactions involving famous billionaires and high-profile individuals.