COEUR D'ALENE, Idaho -- Idaho resort and newspaper mogul Duane Hagadone is unloading one of his homes above Lake Coeur d'Alene, but it could fetch just a quarter of its original listing price at an upcoming Sept. 8 auction.
The J.P. King Auction Co. set the minimum bid at $7.5 million, after the 26,000-square-foot home was originally listed at $27.5 million.
Hagadone's remodeled pad has three bedrooms, nine baths, a nine-car garage and bowling alley.
He's also throwing in membership for two at The Coeur d'Alene Golf Course, which he owns.
A successful sale won't leave the owner of several Northwest newspapers homeless.
Hagadone has another 22,000-square-foot place near Coeur d'Alene and a 45,000-square-foot, $30 million mansion in Palm Desert, Calif.