August 28, 2014 9:57 pm

Pender Island home auctioned off for charity, raises $725,000

Global News

The luxury waterfront home on Pender Island that was being auctioned off for charity has been sold.

The winning bidder paid $725,000 for the 2,600 square foot home.

The closed auction was held this past Friday.

In total, $800,000 was raised from the auction and event party. Every penny of it is going to the BC Cancer Foundation.

WATCH: North Pender Island home – Madrona Grove – sold for charity 

Madrona Grove is a southwest-facing waterfront property on a 4.42 acre piece of land. The home has an open concept design and 2,662 square feet of living space including a wrap-around sundeck.

It was donated by Robert and Diane Conconi.

Robert was previously diagnosed with throat cancer and when he heard the news he remembered his own father who had died 30 years before of the same type of cancer.

Today Conconi is cancer free but he says he was so blown away by the care he received and the research taking place at the BC Cancer Agency that he and his wife Diane wanted to donate their home – Madrona Grove – for auction.

With files from Amy Judd

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