From CBC PEI:

It went for $3 million less than its original asking price, but a mansion on P.E.I. is now officially off the market.

The six-bedroom, eight-bathroom home — which features a whale watching tower — sold on Friday for a little under $4.7 million. In 2009, it was listed for $7.75 million and had the distinction of being the only home on P.E.I. listed through Sotheby's in New York.

The 13,500-square-foot home is located on 4.5 hectares of land in West Cable Head on the Island's north shore. 

For more see P.E.I. home sells for $4.7M  Also check out our post Is this the most Expensive House in Atlantic Canada?