Iconic Connecticut lighthouse draws high bid of $290,000

Photo: lighthouse-news.com


OLD SAYBROOK, Conn. (AP) — A famous Connecticut lighthouse featured on some state license plates has been sold at auction for almost $300,000.

The Hartford Courant reports that the federal government’s General Services Administration, which oversees lighthouse sales for the Coast Guard, says Saybrook Breakwater Light drew a high bid of $290,000 in an online auction.

The identity of the high bidder has not been disclosed.

The sale cannot close until the bidder negotiates a lease with the state for submerged lands under the 127-year-old lighthouse.

The 48-foot lighthouse sold in 2013 for $340,000, but the bidder backed out of the deal because she couldn’t negotiate a lease for the submerged lands.

Since then, the state legislature enacted a law smoothing the way for negotiating such leases.

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Information from: Hartford Courant, http://www.courant.com

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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