Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Frank Lloyd Wright’s famous Ennis House sells for $18M

10/21/2019

Download PDF

One of Frank Lloyd Wright‘s most iconic masterpieces, the Mayan-inspired Ennis House, has sold for $18 million to an unidentified buyer.

Originally listed for $23 million, the sale, to an unidentified buyer, comes after more than a year on the market in Los Angeles and following a major marketing push by Hilton  & Hyland agents Branden and Rayni Williams earlier this year.

Even with the $5 million price cut, Ennis House is the most expensive Wright property ever sold, according to Variety. Coldwell Banker’s Ron de Salvo shared the listing with the Williams’ while Drew Fenton of Hilton & Hyland worked with the buyer.

Chania

The Ennis House was built by Frank Lloyd Wright for retail giant Charles Ennis in 1924.

Chania

Most recently, it has been on the market for more than a year before selling for $18 million to an unidentified buyer.

Chania

One of Wright’s most iconic works, the Ennis House is made up of individual tiles with Mezoamerican-influenced designs and boasts panoramic views of Los Angeles from many of its rooms.

Chania

It has been featured on films like “Blade Runner” and “House on Haunted Hill.”

Chania

In 1994, it went through a major earthquake and later went through $17 million restoration.

Chania

The Ennis House is the most expensive Frank Lloyd Wright property ever sold.

jQuery(document).ready(function(){jQuery(“#ism-slideshow-1”).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);jQuery(“#ism-slideshow-1”).on(“slid.bs.carousel”, function () {jQuery(this).find(“.carousel-control”).css(“margin-top”,”-“+(jQuery(this).find(“.active .carousel-caption”).height()+25)+”px”);});});

4 unconventional marketing tactics that really work Two top agents share their ideas on how to market outside the box READ MORE

Built in 1924, the property is composed of individual tiles with Mezoamerican-influenced designs and boasts panoramic views of Los Angeles. A long marble hallways connects the individual rooms while certain corners of the house are made entirely out of glass and open onto the city. The outside has a swimming pool, a balcony, a terrace, a koi pond, a large garden and a motorcourt with room for up to six cars.

The house’s crypt-like design, which Wright made custom for retail tycoon Charles Ennis and his wife Mabel, has also made it a popular set choice for various films,  TV shows and commercials — most notably, “Blade Runner” and “House on Haunted Hill.”

Given its architecture and connection to Wright, the Ennis House has been listed on the National Register of Historic Places since 1971. In 1994, it survived a major earthquake and later underwent a $17 million restoration. For a while, many real estate fans questioned whether the extravagant property would sell and who would buy it.

Due to sky-high maintenance costs and unique architecture, these types of historic homes do not always end up being the easiest sale.

Email Veronika Bondarenko

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • Mission Chronicle Newsletter July 24, 2023

    Mortgage rates continued to press downward last week after the previous week's CPI data pointed to e...

  • Mission Chronicle Newsletter Feb 20, 2023

    Despite the recent downward trend in mortgage rates and hopes that the Fed was nearing the end of it...

  • Mission Chronicle Newsletter Feb 6, 2023

    The Federal Reserve meeting ended as market participants expected, with a quarter-point increase and...

  • Mission Chronicle Newsletter Dec 26, 2022

    Mortgage rates held relatively steady last week as most economic news came in better than expected.C...

  • Mission Chronicle Newsletter Dec 12, 2022

    Rates managed to move slightly downward last week as recession fears grew amid hopes that the Fedis ...

  • Mission Chronicle Newsletter Dec 5th 2022

    Mission Chronicle Newsletter Dec 5th 2022. Platforms: Browser, mobile-responsiveIdeal for: Leasing a...

  • Inman Review: Tenants and leasing teams get better connected with RentTango

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Tech Review: Smart Alto puts people first in its innovative lead qualification solution

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • Refreshed and nurture-savvy, Market Leader’s CRM deserves your attention

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 4 tips to improve your negotiation skills

    In today’s luxury real estate market, strong negotiation skills are an asset—you might even say ...

November 2024
Mon Tue Wed Thu Fri Sat Sun
 123
45678910
11121314151617
18192021222324
252627282930  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...