$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.