By SHANTEÉ WOODARDS
SEVERNA PARK - This weekend's auction of a nearly $15 million waterfront mansion has been canceled and an Annapolis family is in the process of buying the estate.
Officials with DeCaro Luxury Real Estate Auctions said the 22,000-square-foot home at 938 Old County Road in Severna Park has a buyer, so the auction planned for Saturday has been canceled.
The home, which had been on the market for $14.9 million, belonged to former AOL president Martin Fisher and his family. Fisher is now chief technology officer for GiftCards.com. It is one of the most expensive real estate listings in Anne Arundel County.
The transaction will be settled within 30 days and, until then, the price and the identity of the buyer will not be disclosed, company President Daniel DeCaro said. The buyer toured the home during an open house and made an offer.
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