Mansion once seized by CAB sells for €1.1m

A Victorian mansion on the Ring of Kerry, which was seized and sold in 2000 by the Criminal Assets Bureau, has just sold once more, for less than what it made in a raw, abandoned state 17 years ago.

Clashnacree House, on 22 acres with a swimming pool and a tiny island in Kenmare Bay, has been sold for €1.1m after just one bid at a Bid X1 online auction on Friday.

It had gone to auction in September, guided at €1.4m, but failed to sell until it had a price drop at this second, successful auction outing.