Location: 5212 E EXETER BLVD, Phoenix (Arcadia), AZ 85018

• Specs: 3 bedrooms, 4 baths, 2553 sf
• Asking: $12,950,000

This residence is an original design by the renowned architect Frank Lloyd Wright, commissioned for the son and daughter-in-law of Mr. Wright himself, as reported by yahoo. Completed in 1952, this iconic architectural masterpiece is situated on 9.5 acres of coveted real estate within the distinguished Arcadia neighborhood of Phoenix, Arizona.

HISTORY: In 2012, the property faced the threat of demolition until owner Zach Rawling stepped in and acquired it for $2.4 million. Establishing the nonprofit David & Gladys Wright Home Foundation, Rawling dedicated extensive efforts to preserving the house. Initially proposed as a museum , later transitioning into a donation to the School of Architecture at Taliesin, Rawling worked diligently to secure its future. However, neighbors raised concerns, contesting zoning changes and potential tourism impacts associated with the property becoming a tourist destination. Mansion Global

The property features sweeping views of camelback mountain, concrete block construction (very rare), a pool, and guest house. The estate has been partially updated, but requires additional rehabilitations, including necessary structural and electrical repairs (SOLD AS IS) per listing agent – Robert J Hassett

If you have a passion for art, an appreciation for architecture, and seek something truly distinctive, this home ticks all the boxes. While it may require some renovation, its uniqueness is precisely what makes it alluring. Real estate agent Juan Pesqueira aptly describes this property as the ‘Mona Lisa’ of homes. Truly unparalleled, it stands as a one-of-a-kind masterpiece with no equal anywhere in the world. Rarity and scarcity inherently elevate its value, making it a must-have for discerning real estate enthusiasts looking to enhance their portfolio with a trophy property. The ideal buyer, willing to preserve its original charm while updating, stands to significantly increase its worth. This isn’t a quick flip opportunity, but rather a long-term investment. Remarkable sales and list prices in recent times only reinforce its desirability. With buyers converging from around the globe, the demand for such rare and distinctive homes will only continue to drive prices upwards.” – Juan Pesqueira, Realtor

check out other Frank Lloyd Wright home designs and inspired in Arizona

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