Ripe for Entertaining

What: Two-story Mediterrean-style home with four bedrooms, six baths in 11,111 square feet of living space.

Where: Naples, Fla.

Amenities: Terrace overlooking Galleon Bay, outdoor kitchen, 210 feet of bay frontage. A den comes with full bath. Large terrace, overlooking bay. Enclosed garden with pool, spa, waterfall and koi pond.

Asking Price: $16.9 million

Opening Bid*: $15.2 million

Listing Agent: Rebecca Burnett at John R. Wood Realtors, (239) 263-4637

Due Diligence: Jack Gomez and his wife, Patty, are downsizing, moving from this 1.2-acre estate to a condo nearby. Their children are grown, and they want to spend more time at a home they own in North Carolina. "We'll see if it works," says Mr. Gomez, the founder and former chief executive of Atlantic Pacific Automotive, a Memphis, Tenn., auto-supplies distributor. The home, custom-built for the couple 10 years ago, was designed with entertaining in mind. It has a large, open main room with 8-foot-high doors and a curved, solid-maple staircase; a sunset dock with seating for up to six people; and three guest suites, including a self-contained apartment with a kitchen and its own entry. Mr. Gomez says he and his wife paid about $6 million to build the home. It's in the Port Royal neighborhood, a 10-minute boat ride from the Gulf of Mexico.

Additional Photos

Photos by: Jay Margulies/Real Estate Office Technology

*The opening bid is Weekend Journal's estimate of a reasonable starting point for negotiations to buy the property, based on past sales, prevailing market conditions and interviews with local real-estate experts.

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