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Frank Lloyd Wright-Designed Home Sells for $2.38M

Posted: Dec. 26th, 2012  |  By DailyLuxe News

Photo: Reuters /Scott Jarson

Reuters recently reported that a group of anonymous buyers purchased a Frank Lloyd-designed house located in Phoenix , Arizona, to preserve it from a possible demolition. The home, which was built in 1952, sold for $2.38 million.

The Chicago-based Frank Lloyd Wright Building Conservancy facilitated the purchase of the single-family residence. Wright designed it for his son and daughter-in-law, David and Gladys Wright.

"This purchase is a magnificent and generous action," Conservancy president Larry Woodin said. "It is a gift to the people of Phoenix, a gift to the worldwide architectural community and to everyone that cares about the history of modern architecture."

Read More on reuters.com
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