PHOTO: Gordon Pointe. SUPPLIED
America’s priciest residence recently entered the market with an eye-popping price tag of $295 million. Financier John Donahue initially acquired the property in the 1980s, spotting the undeveloped land during a plane ride in 1985 and purchasing it for $1 million. Over the years, the Donahue family, renowned for their devout Catholic values, transformed the estate into a sprawling compound that served as a gathering place for their extensive family and notable guests like former President George H.W. Bush and golf legend Arnold Palmer.
The expansive compound, nestled in Naples’ Port Royal neighborhood, features three residences, including the main house spanning approximately 11,500 square feet, constructed around 1989. Additional homes were added in subsequent years, along with a sizable portion of Keewaydin Island, where the family built a 16,000-square-foot house around 2005.
A stunning shot shows part of the nine-acre compound listed for $295 million in Naples, Florida, that’ll be the most expensive home ever sold in the United States if it reaches its asking price
America’s most expensive home hit the market for a staggering $295 million
Following the deaths of John and Rhodora, the family is now listing the crown jewel of their estate – a 9-acre compound in Naples’ Port Royal neighborhood – for a potentially record-setting $295 million
The property’s original owners Rhodora and John Donahue are pictured. Both have since died, with their relatives opting to sell their main home
Following the passing of John and Rhodora Donahue, their family decided to list the crown jewel of their estate for a potentially record-breaking $295 million. The property, managed by Coldwell Banker Realty’s Dawn McKenna Group in collaboration with The Leighton Candler Team of Corcoran and Savills Rory McMullen, offers unparalleled luxury and amenities, including a private yacht basin.
The compound holds special memories for the Donahue family, serving as the backdrop for numerous family gatherings, celebrations, and visits from prominent personalities. With its unique features and prime location, the property stands as the pinnacle of luxury real estate in the United States, potentially setting a new benchmark for residential sales if it achieves its asking price.
The main residence, spanning approximately 11,500 square feet, was built around 1989
The property boasts three houses and a private yacht basin, and represents the highest-priced listing in the US
The compound also includes a portion of Keewaydin Island, where the family constructed a 16,000-square-foot house around 2005 for additional accommodations
VIEW THE PROPERTY BROCHURE HERE