The most expensive property for sale in the US is a Florida compound where a late investing mogul gathered hundreds of his family members

Wed, 02/07/2024 - 17:22

An aerial view of a property on a peninsula. — The three homes with a large undeveloped piece of land in the middle.
Dawn McKenna Group/Coldwell Banker Realty

A compound in Naples, Florida, is on the market for a potentially record-setting $295 million.
Late financier John Donahue spent $1 million for land on the Gulf of Mexico in 1985, then added to it.
His family is ready to let go of three mansions on 9 beachfront acres — take a look around.

A family compound in Naples, Florida, just hit the market for $295 million.

If it sells for even close to that amount, it would be the most expensive residential sale in the US.

The family of late investing magnate John Donahue is selling three waterfront houses on nearly 9 acres that come with a private 231-foot basin for yachts.