Paul Allen Sells Allan Island For $8m
This is pretty far from the city out in the San Juans, so it is far from urban, but none-the-less, it is interesting to note that Paul Allen has finally sold Allan island for $8m.
Microsoft billionaire Paul Allen purchased the island in 1992. Allen originally intended to build a vacation home on Allan Island, until he bought a separate property in the San Juans in 1996 that he preferred instead. An attempt to sell Allan Island in 2005 for $25 million failed to attract buyers. Allen again tried to sell the island in 2011 for $13.5 million
Bought for what looks like $3.7m (1992), originally listed at $25m (2005), sold at $8m! Very curious to know who bought it…