The most expensive home in the entire country has surfaced in Naples Florida, with a price tag of $295 million. In fact 6 out of 10 of the most expensive homes for sale in the United States are located in Florida
#1
100 Bay Road
Naples Florida
$295,000,000
Set in the exclusive Port Royal neighborhood, this 9-acre property offers the “once-in-a-lifetime opportunity” to create a family compound.The enormous lot overlooks the Gulf of Mexico and offers 1,655 feet of water frontage. One main residence and two guest homes are included in the sale. According to the listing, the property “could be an ideal private and gated family compound with a few incredible homes.” The waterfront oasis also comes with a private 231-foot yacht basin and a 111-foot, T-shaped dock with room for multiple boats.
On the heels of consumer prices rising more than expected, mortgage rates increased this week. The economy has been performing well so far this year and rates may stay higher for longer, potentially slowing the spring homebuying season. According to Freddie Mac data, mortgage applications to buy a home so far in 2024 are down in more than half of all states compared to a year earlier.
