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The Today File

Your guide to the latest news from around the Northwest

December 30, 2013 at 8:07 AM

San Juans report: Paul Allen’s island sold to space entrepreneur

It was reported a week ago that billionaire Paul Allen had sold his private island in the San Juans and now, The Journal of the San Juan Islands has posted on its website that the buyer is Eric  Anderson, a space-travel entrepreneur.

Anderson is co-founder of Planetary Resources of Bellevue, which aims to use commercially built robotic ships to extract precious metals out of asteroids that routinely whiz by Earth. Anderson and co-founder Peter Diamandis also pioneered the idea of selling rides into space for tourists.

Anderson purchased Allen’s 292-acre island on Dec. 20 after it had been on and off the market since 2005.

Originally listed at $25 million and cut to $13.5 million in 2009, Allen sold the property for $8 million, according to data from the Northwest Multiple Listing Service.

The island — named after a Navy hero, not the Microsoft co-founder — is southwest of Anacortes and west of Burrows Bay.

Accessible only by private plane, boat or float plane, the island has a “log-style home for caretakers quarters” and is made up of 44 tax lots, according to a listing by Windermere Real Estate Orcas Island.

Comments | More in Business/Technology, General news | Topics: Eric C. Anderson, Paul Allen, property sold

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