Sold! With a cash bid of $933,888, someone has purchased the 110-year-old working lighthouse on Graves Island.
The US General Services Administration, which conducted the Graves Island Light Station auction, has not identified the new owner of the lighthouse located on a rocky, wave-battered ledge near the entrance to Boston Harbor. The GSA has said it received bids from 10 different parties initially, but the number dwindled to two as the price rose higher and higher. The winning bid is a record amount paid for a US lighthouse.
Listed on the National Registry of Historic Places since 1987, the Graves Island lighthouse is one of 163 lighthouses located along the New England coast. It went on the auction block in June.