Gulf Coast International Properties® Principal Tim Savage Closes Record $18.3 Million Sale in the Moorings
FOR IMMEDIATE RELEASE
Contact: Vicki Tracy, COO, Gulf Coast International Properties
Phone: (239) 572-3799, Email: Vicki@gcipnaples.com
Gulf Coast International Properties® Principal Tim Savage Closes Record $18.3 Million Sale in the Moorings
Naples, FL (January 20, 2026) — Gulf Coast International Properties® (GCIP) is proud to announce the record-breaking sale of 306 Spring Line Drive for $18.3 million. GCIP Principal Tim Savage represented the seller in the transaction, which closed on January 12, 2026.
The sale marks the highest price ever recorded for a new construction single-family residence in the Moorings*. The property was listed and sold in just 80 days.
The newly constructed waterfront residence is a true masterpiece and raises the bar for luxury living in the Moorings. Designed by Stofft Cooney Architects, curated by Ficarra Design, and masterfully built by Rise Builders, the home reflects unparalleled craftsmanship, timeless elegance, and exceptional attention to detail. Built over a 20-month period, the residence was constructed to the highest standards, with each professional involved carefully selected to deliver a world-class result.
Inspired by the architectural style of Alys Beach, this custom home spans over 7,000 square feet and features six bedrooms, nine bathrooms, dual two-car garages, and approximately 124 feet of coveted southern-exposure waterfront. Distinguishing features include European white oak flooring throughout, cathedral ceilings, mosaic tile bathrooms, custom cabinetry, wine storage, a 62 foot infinity-edge pool, and a structure elevated 11 feet above flood level on 386 pilings. The home is fully hurricane-impact rated and built to endure for generations.
James Ferrarone, President of Rise Builders, shared, “This extraordinary property raises the bar for single-family home sales in the Moorings. Building this residence alongside the best architects, designers, and craftspeople in Naples was truly a dream, and the team’s expertise and dedication brought this one-of-a-kind custom home to life.”
Stofft Cooney Architectural Group Partner John Cooney stated, “Designing this residence was a great opportunity to showcase a ‘fresh’ style of architecture. This Caribbean style home has a sophisticated resort feel that flows wonderfully with the Florida lifestyle.”
Tim Savage added, “It was a privilege to be part of this landmark sale. Properties of this caliber highlight not only the exceptional opportunities in Naples, but also the remarkable craftsmanship available here. The expertise and professionalism of the entire team resulted in a truly exquisite property that exceeded our client’s vision.”
About Gulf Coast International Properties®
Locally owned and operated, Gulf Coast International Properties® is a premier real estate firm specializing in luxury property in Naples, Florida. The award-winning brokerage is a member of Who’s Who in Luxury Real Estate, an international network representing the world’s finest properties. GCIP brings over 100 years of combined local market experience to every client relationship.
For more information, please contact Vicki Tracy, COO at (239) 572-3799 or Vicki@gcipnaples.com
*According to MLS statistics, verified at the time of writing.
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