Wednesday, May 12, 2021

Auction Results

United States: Large Ohio River Island Sells at Auction

It may not be the most glamorous locale for a private island, but this large property in the Ohio River generated plenty of interest when it was auctioned on November 17th.

(Image Courtesy of Kurtz Auction and Realty)

The 1,468 acres of Diamond Island harken back to an …Read More: United States: Large Ohio River Island Sells at Auction

Auction Results

Asia: China Holds Successful First Private Island Auction

In a step towards opening up its vast coastal waters to more tourism development, China has auctioned off a right-of-use certificate to a private corporation for an untouched island in Zhejiang.

(Dayangyu Island Courtesy of Whatsonningbo.com)

Set along the placid waters of the East China Sea, China’s southeastern province …Read More: Asia: China Holds Successful First Private Island Auction

Auction Results

United States: Rat Island Finds a Buyer at $160K

It may have been quite a bit less than the owner had hoped for, but at least this little isle in New York City did sell at Saturday’s auction.

(Rat Island Image from Wikipedia)

Despite the rumours, it doesn’t seem as though Ivanka Trump turned out the October 2nd …Read More: United States: Rat Island Finds a Buyer at $160K

Auction Results

Preservation Trust Buys Heavily Discounted Washington State Island

(Image Courtesy of Vendovi Island)

Appraised at over $12M, Vendovi Island’s failed auction in September had a high bid of just $3.3M, and it has now sold for just $6.4M. Have private islands followed the US real estate market downhill?

According to the Wall Street Journal, Washington State’s privately-owned …Read More: Preservation Trust Buys Heavily Discounted Washington State Island