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Gordon Pointe, a nine-plus-acre gated compound in Naples’ Port Royal, has just hit the market for $295 million, which marks the most expensive residential offering in U.S. history, The Wall Street Journal reported. 

The property is marketed by Coldwell Banker Realty’s Dawn McKenna Group, in partnership with The Leighton Candler Team of Corcoran and Rory McMullen of Savills. 

The property was assembled by financier John Donahue, who founded the investment management firm Federated Hermes, beginning in 1985, The Journal reported. In the intervening years, Donahue and his family built three mansions in the compound, including an 11,500-square-foot main house with six bedrooms and a screened-in pool, a 5,500-square-foot house with five bedrooms and an outdoor pool and a 5,800-square-foot residence with an outdoor pool and a dock that can accommodate about six boats. 

The compound spans almost 400,000 square feet and has approximately 708 feet of beachfront and Gulf of Mexico views, 952 feet of bay views and a yacht basin measuring 231 feet. The property can also accommodate more than 200,000 square feet of additional residential development. 

“Gordon Pointe provides access to everything you would want in luxury Florida living in one of the most sought-after communities of Port Royal, and we’re thrilled to represent this extraordinary opportunity,” said Dawn McKenna, founder of the Dawn McKenna Group.