Billionaire Paul Allen Sells Ultra Private Island for $8M

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We recently reported that Microsoft billionaire Paul Allen purchased a swanky $27M mansion in the Bay Area, and now it seems he’s ready to unload one of his lesser real estate holdings in Washington. This private island originally listed at $25M in 2005, then $13.5 in 2011, finally selling for $8M.

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Allan Island (not named for it’s owner), boasts 292 acres of uninterrupted beauty, a private dock and airstrip, views of the Olympic Mountains, Rosario Strait and Strait of Juan de Fuca and a teensy log cabin. Really, this property can be turned into anything. We’re excited to see what the new owner has planned!

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Photos courtesy of Realtor.com

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Buyer’s agent: Tere Foster, Windermere Real Estate/East

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