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For Sale: Paul Allen's Private Island | |
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||
| Time: 17:44 EST/22:44 GMT | News Source: Forbes.com | Posted By: Robert Stein | ||
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Paul Allen, the Microsoft co-founder that ranks 57th on the Forbes Worlds Billionaires list with $13 billion, is offloading his private island. Allan Island, situated near Anacortes, Wash., is back on the market and at a reduced price, reports the Seattle Post-Intelligencer and Realtor.com. Allan Island has bounced on and off the sale block since 2005, when its initial price tag was $25 million. It took a $5.5 million price chop in 2006 before re-emerging with the current $13.5 million asking price. Windmere Real Estate has the listing. Allen bought the island in 1992, reportedly to build a vacation home, before snatching up the Sperry Peninsula site on nearby Lopez Island in 1996 and abandoning his original plans. | ||
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