$11.5 million home a ‘bargain’ in Naples

A 7,700-square-foot house has sold in Naples for a price that most anywhere else would be eye-popping.

The house is at 1213 Gordon River Trail and was bought for $11.5 million by an undisclosed buyer. Premier Sotheby’s International Realty, the listing agent, calls the sale price historic and says it is the “highest sale ever in” the city’s Estuary and Grey Oaks communities.

While that, according to the MLS, is true, the number pales in compression to what several homes have been listed for in Naples in the past year.  

According to MLS data, there are 170 homes or properties listed for over $10 million in the city at this time. Out of those 170, 27 are over $20 million and 18 over $30 million.

And of those 18, there is one home on Gordon Pointe listed for $295 million and one on Gordon Drive listed for $174.7 million.

And just last year, a house at 1672 Galleon Drive in the city’s Point Royal neighborhood sold for $46.8 million.

So, in a funny way, the buyer of the Gordon River Trail house bought on the low end of the market.

As for the house itself, it sits on .71-acres and was put on the market furnished. It has five bedrooms, five full and two half baths, a study, a second-floor loft and a club room with a wet bar that opens onto lanai.

Outside, there’s a gas-heated pool and spa, fire bowls and gas fireplace. It is equipped with automated screens and hurricane shutters.

Other features include: an attached four-car garage, impact windows and doors, a whole-home natural gas generator, elevator, Wolf and Sub-Zero appliances and a climate-controlled wine room.