The most expensive home for sale in the United States hit the market in February and is still live today. Located in Naples, Florida, the Gordon Pointe villa is listed for a whopping $295,000,000.
A 22,800 Square Foot Mansion with Six Bedrooms and 24 Bathrooms
Built in 1989, the property contains one primary home and two guest homes totaling 22,800 square feet. It has six bedrooms, 20 full bathrooms, and four partial bathrooms. It’s two stories with a stucco exterior and tiled roof.
The attached garage has room for up to nine vehicles.
Other amenities include a private pool, deck, courtyard, carport, gazebo, and private road.
1655 Feet of Water Frontage
The Gordon Pointe property totals 9.04 acres and has a total water frontage of 1655 feet. Of this, 728 feet of beach frontage and 927 feet of bay frontage are included. The property borders the Gulf of Mexico, with crystal clear water.
Water lovers will be happy to know it also has a 231-foot yacht basin and a 111-foot T dock.
What Would the Mortgage Payment Be?
So, how much would you need to spend on this luxury property? If you put down a 20% down payment of $59,000,000, the monthly mortgage payment at today’s interest rates would be a cool $1,666,366. This price doesn’t include property tax, which is $1,414,495 per year, and homeowner’s insurance, which could be as high as $2,232,166, based on averages.
When you factor property tax and homeowner’s insurance into the price, the monthly mortgage payment jumps to $1,970,224.
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