Behold Vendovi Island in Washington state’s San Juan Islands. 216 acres, six beaches, a protected harbor and a four-bedroom house. Accessible only by boat or floatplane. Yours for just…
Well, that’s the problem. Islands aren’t selling well these days. “A lot of clients today wait and get everything for half the price,” says Farhad Vladi, owner of an island brokerage with offices in Canada and Germany.
When auctioned a month ago, the lone bid came from a preservation trust that could scrape together only $3.3 million -- ahem, rather less than the confidential reserve set by owner David Fluke, whose family bought the spread for $225,000 in 1967.
“At this moment it is wait and see,” the broker tells the Seattle Times. But the competition is stiff -- experts in the field say Vendovi is one of 100 “quality” islands for sale worldwide.