A 19-room beachfront mansion once owned by the Archdiocese of Philadelphia has sold for $4.5 million.
The 9,800 square foot mansion, located in the Atlantic City area, was sold at auction Saturday to a Newtown Square, Pennsylvania couple.
Auction officials say the auction lasted for about 20 minutes, with several bidders competing against each other.
"Selling this piece of property was a difficult decision for the Archdiocese," Max Spann, president and CEO of the firm that hosted the auction, said in a statement.
"But going the auction route proved to be the quickest and most efficient way for the Archdiocese to sell this property at a price the market was willing to bear."
The mansion has 11 bedrooms, each with their own private view of the ocean, beach and boardwalk.
The mansion was owned by the Archdiocese since 1963, and was used as a vacation retreat for elderly priests.
According to Max Spann, the new owners plan to renovate the home.
Tuesday, June 18 2013 10:43 PM EDT2013-06-19 02:43:10 GMT
Times are tough for many in Philadelphia with almost half a million people turning to food pantries just to survive. Several organizations are working to provide healthy options.
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Doctor Michelle Liggio was a very popular Pensauken doctor. Tonight she's a murder victim. Police say her husband shot her inside her office before turning the gun on himself.
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Tuesday, June 18 2013 8:56 PM EDT2013-06-19 00:56:59 GMT
In Delaware County, a man is charged with raping a woman. And what led to his arrest--her iPhone. Upper Darby police arrested 23-year-old Gaurave Kumar for sexually assaulting his ex-girlfriend.
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Tuesday, June 18 2013 8:55 PM EDT2013-06-19 00:55:15 GMT
Bensalem police have arrested the suspect wanted for stabbing a man during a vehicle break-in. They previously released a series of suspect photos to help in the search.
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Tuesday, June 18 2013 6:58 PM EDT2013-06-18 22:58:16 GMT
Under a "doomsday" budget now being enacted, schools and students in the city of Philadelphia are facing devastating losses. Philadelphia is trying to convince the state not to let it happen.
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Tuesday, June 18 2013 6:07 PM EDT2013-06-18 22:07:39 GMT
Published reports are saying this is a murder/suicide. The victim is 47 year old family practice doctor Michelle Liggio, and the alleged gunman is her estranged husband 58 year old Christopher.
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