Microsoft Cofounder Paul Allen Finally Sells His Private Island For A Discounted $8 Million

Allen had reportedly tried to sell the island for years, first listing it in 2005 for $25 million and dropping the price to $13.5 million in 2011.

The final listing price for the land was $8 million, though a final sale price and buyer have not yet surfaced.

The property, Allan Island, is named after a Navy hero and not its former owner, according to the Examiner. The island is accessible by private plane or boat, and while it has a log caretaker's cabin, it has no main house-though there are plenty of scenic spots on which to build one.