“The Froggery,” an Asian-themed mansion on Islesboro Island, was sold at auction Saturday. The auctioneer, DeCaro Luxury Auctions, would not disclose the buyer or sale price.

The 8,000-square-foot home, filled with original Asian artwork and situated on more than 15 acres of protected mountainside land overlooking Penobscot Bay, was put up for auction by its owner with no minimum “reserve” price. Real estate auctions commonly set a minimum bid price for each property, known as the reserve price. No bids below that price are accepted.

The home’s seller is John Blin, a Wall Street executive who told Portland Magazine that he has relocated to Hong Kong because Asia represents the future of the financial world. Blin purchased the property in 2005. The three-bedroom, three-bath home was completed in 2010, and an adjacent tea house was built in 2015.

The home was previously listed with Downeast Properties for $10.9 million but did not sell.


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