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n a dramatic shift, the opulent Gordon Pointe estate in Naples has shed $85 million from its original asking price of $295 million. The Donahue family's prized waterfront compound, now listed at $210 million, still boasts an impressive 5 acres, including a main house and guest house, with 941 feet of Gulf and bay frontage - a rare gem in Naples' elite Port Royal neighborhood.

    The price adjustment reflects the sellers' decision to retain select parcels of land from the original offering. According to Dawn McKenna of Coldwell Banker Realty, "the overwhelming interest from prospective buyers has led us to keep the unparalleled Gulf-side beachfront portion of the estate for ourselves." The remaining 4.04 acres, featuring a yacht basin, will be retained by the current owners.

    While no longer the priciest home on the market, Gordon Pointe remains one of the most expensive residential listings in the country. With its unique blend of natural beauty and luxury amenities, the property is poised to attract a new wave of buyers seeking a bespoke family compound or subdivided homes for the privileged few.

    As Mike Dodge, director of education and market research at John R. Wood Properties, notes, "the price per acre has actually increased with the adjustment." This change may open the door to a wider pool of potential buyers, eager to make their mark on this one-of-a-kind property.

    The Donahue family's legacy estate, spanning over 9 acres in its original form, was once touted as a playground for the rich. With its estimated maximum development potential now standing at 78,159 square feet, Gordon Pointe remains an attractive opportunity for those seeking to create their own Gulf Coast paradise.