Phoenix Frank Lloyd Wright-designed home sells at auction for $1M under listing price

Posted at 10:10 AM, Oct 17, 2019
and last updated 2019-10-17 21:55:02-04

PHOENIX — 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.

Read more from the Phoenix Business Journal.