Foundation predicts $2M for Rabbit Island price tag

The Orange Coast College Foundation expects to find a buyer for Rabbit Island, its British Columbian property, in the next few days, the foundation’s Executive Director Doug Bennett said.

Last week, Bennett and foundation board member Rush Hill traveled to the Vancouver area to meet with real estate brokers who have expressed interest in purchasing the island. Bennett said the foundation narrowed the field down to five candidates and planned to select a winner this week.

Bennett said he foresaw an asking price of around $2 million for the property.

— Michael Miller