Cameron Norfleet is a Husband, Father, Landlord, Investor, Realtor and Property Manager in Connecticut doing business primarily in South Central Connecticut. Follow me on my personal blog (not all business) for Local Business Reviews, News, Real Estate Investing Tips and just my opinion on local stuff.
Tuesday, August 13, 2013
Saybrook Breakwater Lighthouse Sold at Auction
The Saybrook Breakwater Lighthouse off the Connecticut shoreline — put up for auction earlier this summer by the federal government has been sold to a private owner for $340,000.The new owner of the Old Saybrook lighthouse is Kelly K. Navarro, a spokesman for the General Services Administration, the federal agency charged with selling lighthouses.
Navarro’s plans for the lighthouse, located near the former Katharine Hepburn estate in Fenwick, couldn’t be immediately determined Sunday. But the GSA spokesman says that Navarro was negotiating a required lease with the state on the submerged land under the lighthouse.
The first bid on the 127-year-old lighthouse pictured on some Connecticut vehicle license plates was placed for $10,000. There was a flurry of bidding in the last week of the auction, pushing bids from $80,000 to the eventual high bid of $340,000, according to online bidding records.
The auction, which drew eight bidders and 24 individual bids, closed August 9.
Labels:
Connecticut Business
Location:
Old Saybrook, CT, USA
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment