Twenty-one people bid for about twenty minutes on a 7,000 square foot Victorian mansion on Bayard Drive in Ocean City, N.J. on Saturday.
The winning bid came in at $3,877,500.
The mansion has 21 rooms, a steam room and sauna, floating docks and boat slips, a game room, four bathrooms and a 580 square foot garage.
After being on the market for two years, the owners decided to enter an absolute auction.
The house was originally listed at $6,499,000.
The name of the new owner has not been released.