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Mansion From Gilded Age Sells At Fraction Of Asking Price

BAR HARBOR, Maine - A mansion of the Gilded Age originally listed at $15 million has sold for a fraction of its original asking price in Bar Harbor, Maine.The Bangor Daily News reports the eight-bedroom East of Eden waterfront house sold for $4.1 million.

Its assessed value is $5.1 million, and the house remained on the market for two years before its Sept. 7 scheduled auction.

The mansion was built in 1910 and dates back to the glory days of Bar Harbor's Millionaire's Row. A 1947 fire destroyed many of the mansions dotting the coastline.

The East of Eden is also listed on the National Register of Historic Places. It's located on nearly nine acres of land fronting Frenchman Bay.