Saturday, March 18, 2006

California Town Auctioned on eBay Up for Sale Again

An AP newswire article, via ABC News, reports that:

The first town ever auctioned on eBay soon will be back up for sale on the online auction site.

Nearly two years after he bought the tiny town of Bridgeville, Orange County financial adviser Bruce Krall said Friday he plans to re-auction the Humboldt County hamlet on eBay next month.

"Due to family reasons, I'm pretty much tied to Southern California for the foreseeable future," Krall said. "We can't move up there. It only makes sense to pass it on to somebody else."

Krall said the auction will open April 4 with a minimum bid of $1.75 million more than twice what he paid for the 83-acre property about 40 miles southwest of Eureka.

More here.

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