Fifth highest priced listing in Southwest Florida history hits market for $54 million

A Naples "family compound" has been listed for a whopping $54 million.

Dubbed “Posada Del Sol,” 4444 Gordon Drive was also the most expensive new listing on Realtor.com last week.

It's the fifth highest-priced home listing in Southwest Florida history based on available data from the Southwest Florida Multiple Listing Service, which goes back to 1995. 

The property hit the market on May 1 and is the second highest priced listing currently for sale in Southwest Florida. Only one other home in the area is listed at a higher price right now. The nearby property at 2700 Gordon Drive has been listed since November and comes with a $65 million price tag. 

Both compounds are in the exclusive Port Royal neighborhood, where some of the priciest homes in the region sell and high-profile industry leaders live. Residents of the area include former T-Mobile CEO John Legere and Best Buy founder Richard Schulze.

Posada Del Sol would beat out the priciest home sale in Southwest Florida history if it's sold at the current listing price. The record-breaking sale occurred in June 2018 when a 9,394-square-foot Port Royal home sold for $48.8 million. 

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The $48.8 million home was torn down in November of that year to make way for a new, 32,000-square-foot home that is designed to generate and run on renewable energy.

The highest priced Southwest Florida single-family home sale of 2019 came with a $28 million price tag. 

Built in 1995, Posada Del Sol was last sold in 2005 for almost $25 million, meaning that the asking price has more than doubled under the new listing.

According to William Raveis agent Frank Sajtar, who is listing the compound, the "casual-beach-elegant" property represents a "very rare" opportunity for buyers. This is due to the fact that the nearly 2.5-acre compound offers land on the beach and bay side. Normally, he noted, buyers who want beachfront properties either can't own a boat or have to store it at a marina. At Posada Del Sol, buyers can have the best of both worlds, he said. 

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"That's probably the rarest part," he said. "There's only a couple properties that have beachfront to bayfront in Port Royal, and there's none on the market right now except for this one ... You can dock your yacht or sailboat right across the street and still enjoy the beach." 

The beachfront portion of the property includes the 7,000-square-foot, four-bedroom main residence with four full bathrooms, a one-bedroom guest house and two indoor parking bays. The bayfront lots include a four-bedroom guest bungalow, a two-bedroom carriage house, three indoor parking bays, a chickee hut and a 75-foot floating deep-water concrete dock.

The property also gives buyers access to a heated pool, koi ponds, a private beach and Port Royal Club membership eligibility. 

"You've got a total of 11 bedrooms on both sides," he said. "(It's) kind of a family compound." 

Sajtar mentioned that the property lies far south on Gordon Drive, making it quite a private abode.

"You don't get a lot of people walking down that far, as much as you do closer to downtown Naples," he said.

Sajtar declined to provide information on why the owners are selling, as they wished to remain private. 

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For those who may be nervous to enter homes in-person during the coronavirus pandemic, Sajtar said that virtual showings can be made available for the compound.

According to Lauren Melo, president of the Naples Area Board of Realtors, a $54 million listing is just another sign of the Naples real estate market's resilience during the pandemic. 

Agents across Southwest Florida have seen year-over-year dips in recent weeks in new listings, new contracts and closed sales. Despite this downward pressure, Melo stated that the Port Royal area market has had nine listings that went into a pending status from mid-February to the beginning of May. The current average listing price in the Port Royal area is over $9 million, Melo said. 

"That shows you just how resilient our market really is," she said. 

"Fifteen years later, (the 4444 Gordon Drive home) has doubled in value," she added. 

Reach Andrew Wigdor at awigdor@gannett.com and on Twitter @andrew_wigdor