The most expensive Property i The United States Up for sale in Naples, Florida for $295 million – but there’s one. Climate Interested buyers should consider.
Set along the Gulf of Mexico, the Gordon Point townhouse spans nine acres with 22,800 square feet of living space, 1655 feet of waterfront, 728 feet of beachfront, and 927 feet of gulf frontage.
According to the Coldwell Banker Realty listing, the “private oasis” is located in Port Royal, an “exclusive neighborhood” and includes a private 231-foot yacht basin with a 111-foot dock.
“There’s nothing like it anywhere,” says the description. “Gordon Pointe lends itself to many possibilities with incredible flexibility which could be an ideal private and gated family compound with a few incredible homes or the possibility of several exclusive home sites.”
The property has a main house and two guest houses, a total of six rooms and 24 bathrooms. The area of each guest house is said to be around 5000 square feet. CNBC Report
Gordon Point was first listed in February this year. The house was originally built in 1989 and has since been owned by John F. Donahue, a philanthropist.
While the picture-perfect white sand and vibrant greenery make this property attractive, there is a climate threat that threatens its appeal.
said Jeremy Porter, a climate risk researcher at the First Street Foundation The Guardian: “It is almost a certainty that this property will experience flooding.
“It’s a beautiful area, people here want access to the water and the beaches, but it’s prone to flooding. It’s basically properties built on the water,” Porter added.
The First Street Foundation is a non-profit organization that focuses on flood analysis. So far, their data shows a 68 percent risk of flooding at Gordon Point over the next decade and a half. Moreover, the First Street Foundation found that there is a 95 percent chance of flooding in the next 30 years.
But ZillowGordon Pointe has a flood factor of seven out of 10, characterized as “severe”.
The sale of the Florida property comes as a New York island is listed with its own reservations.
Campbell Island, a 92-acre tract covered in dense forest, was listed for $700,000. But Private Islands Inc As one of the most expensive islands in the state. But while the price may be right for some interested landowners, there are several factors that make the island a little less desirable.
The current owner, Gene Cassitelli, who inherited part of the property from his father and bought the rest of the acreage years ago, said. Gothamist Campbell Island is less accessible and is connected to the mainland by rail tracks.
Additionally, Cassitelli explained how the property was close to a nature preserve, which he said makes it difficult to approve development plans. For the most part, however, no one really visits the land except local fishermen, bikers, and regulars walking the trails.