Originally published December 17, 2010 at 4:51 PM | Page modified December 17, 2010 at 9:51 PM
Comments (0)
E-mail article
Print
Share
San Juan Preservation Trust buys Vendovi Island
Vendovi Island, seven miles north of Anacortes, had been on the market for more than two years. The San Juan Preservation Trust said it purchased the 217-acre island for $6.4 million, less than half the asking price.
Seattle Times business reporter
Vendovi Island auction video
A land trust has bought one of the largest private islands in the San Juans and plans to preserve it.
Vendovi Island, seven miles north of Anacortes, had been on the market for more than two years. The San Juan Preservation Trust said it purchased the 217-acre island for $6.4 million, less than half the asking price.
The seller was Seattle's Fluke family. Its patriarch, the late high-tech pioneer John Fluke, bought Vendovi in 1966.
The heavily forested, largely undeveloped island has no ferry service. The trust said on its website that no public access will be allowed while an inventory of the island's resources is conducted and a management plan is developed.
But a public park is a long-term possibility, it added.
"We are excited that [Vendovi] may one day be available to the general population through the trust," David Fluke, a spokesman for the sellers, said in a prepared statement. "It's a unique, beautiful property in a magnificent setting with a lustrous and storied past."
The island has six beaches, a four-bedroom house and a harbor protected by a rock breakwater.
The Fluke family put the island up for auction this fall, asking $14.5 million. But the high bid, from the land trust, was just $3.3 million, and the family opted not to sell.
The trust said San Juan residents have provided $3 million in donations and a $3.4 million, low-interest bridge loan for the purchase. Fundraising to pay off the loan already is under way, it said.
"This gives us an unprecedented opportunity to protect a large, intact ecosystem," the trust said.
Information from
The Seattle Times archives
is included in this report.
Eric Pryne: 206-464-2231 or epryne@seattletimes.com
UPDATE - 09:46 AM
Exxon Mobil wins ruling in Alaska oil spill case
UPDATE - 09:32 AM
Bank stocks push indexes higher; oil prices dip
UPDATE - 08:04 AM
Ford CEO Mulally gets $56.5M in stock award
UPDATE - 07:54 AM
Underwater mortgages rise as home prices fall
NEW - 09:43 AM
Warner Bros. to offer movie rentals on Facebook
More Business & Technology headlines...
![]()

Entertainment | Top Video | World | Offbeat Video | Sci-Tech
general classifieds
Garage & estate salesFurniture & home furnishings
Electronics
just listed
1987 Condomaran Condomaran
Across the parking lot
AKC brindle female 5 yrs old
More listings
POST A FREE LISTING
Originally published March 8, 2012 at 6:11 PM | Page modified March 8, 2012 at 6:11 PM
Reader commenting is down
As of 6 p.m. on Thursday, March 8, 2012, our commenting system is down. We're working on the problem and will restore functionality as soon as possible. Meanwhile, you can still interact on our forums and our Facebook page. We're sorry for the inconvenience.


- Northern lights may be visible Thursday in Western Washington
- Biggest solar storm in years races toward Earth
- Beer abounds, menu modest at Ballard's Urban Family Public House
- Documentary discovers the roots of UW's rich scientific work
- Apple unveils 'new iPad' with sharper screen
- Estrogen-only pills cut breast-cancer risk for some
- Team source: Seahawks will be pursuing QB Peyton Manning
- Madigan team reversed 285 PTSD diagnoses, Sen. Murray says
- Dad-son talk, celebrity tweets key to viral video
- Recipe: Almond Cake












News where, when and how you want it
All newsletters Privacy statement