Weekly Real Estate News
A Frank Lloyd Wright-designed house in New Canaan, Connecticut, was sold for $6 million after being initially listed for $8 million.
The 7,000-square-foot Usonian Estate on a 14-acre property was designed by the iconic architect in 1955 and is one of his largest completed residential projects. Wright dubbed the property “Tirranna,” an Aboriginal Australian word for “running waters” and an acknowledgement of the adjacent Noroton River.
The residence has 7 bathrooms and 8.5 bathrooms and was commissioned by John and Joyce Rayward. However, Wright died in 1959 and the residence was not completed until Herman R. Shepherd purchased it in 1964. In 2017, the property was was listed for sale at $8 million – but it only sold in 2018 for $4.8 million. It was listed again last May for $8 million.
A property is worth what a Seller is willing to accept and a Buyer is willing to pay!
That sure is a lot of bathrooms