Frank Lloyd Wright’s final residential design home in Phoenix sold for a relative bargain Wednesday at nearly $1.7 million.
The 3,095-square-foot Norman Lykes house on the edge of the Phoenix Mountains preserve sold for $1,677,500 at a live, no reserve auction held at the home.
The residence was originally listed for $3.69 million and the price had dropped by about $1 million for the most recent listing at $2.65 million with The Agency, a Beverly Hills-based luxury real estate agency.
Heritage Auctions, the Dallas-based company handling the auction, opened the bidding at $750,000.
