Last Home Designed by Frank Lloyd Wright Sold For $1.67 Million By Heritage Auctions

Architect’s Last Residential Design Sells Without Reserve In Phoenix, Ariz.

November 22, 2019

Frank Lloyd Wright’s last residential design, the Norman Lykes’ House, sold for $1,677,500 million at a live, public auction held Oct. 16, in Phoenix, Ariz., by Heritage Auctions. The auction was held inside the iconic contemporary home with no minimum starting bid and was sold without reserve. Bidding opened at a conservative $750,000 and response from the 19 registered bidders was immediate. The price was quickly bid to $1.5 million before ending at $1.67 million.
Nate Schar, director of Luxury Real Estate for Heritage Auctions, credited the auction house’s worldwide marketing campaign reaching a base of more than 1.2 million clients, and garnering international headlines on the home.
“Our unprecedented marketing campaign matched the perfect buyer with the perfect home,” said Schar. “The new owner of the last home designed by Frank Lloyd Wright now owns a masterpiece by America’s most iconic architect.”
The winning bidder does not wish to be identified at this time, but the winning bid came from a man who lives out of state, who plans to keep the home intact and use it as a vacation home.
Besides the “Norman Lykes House,” the property is also known as “The Circular Sun House.” The iconic, 3,095-square-foot renowned estate is located on more than 1.3 acres on the edge of the Phoenix Mountains Preserve.
The home was sold fully furnished, complete with the original furniture and fixtures Wright designed specifically for this house. It was commissioned by the Lykes family and required eight years to complete.
A hallmark of Wright design, the home was built to embrace organic architecture and take full advantage of the views afforded by its mountainside location. Its curved lines in the home play off the curves of the Phoenix Mountains. Wright designed the home so that the windows would never see direct sun, yet the house would remain flush with natural light.

 

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