One of Frank Lloyd Wright‘s most iconic properties, the spiral-shaped David and Gladys Wright House in Phoenix, just sold for $7.25 million.

The home, which Wright built in 1952 for his son David and daughter-in-law Gladys, was originally listed for $12.95 million in 2018 but was cut in price as the owners insisted on finding a buyer who would respect the home’s original design.

And the new owner plans to do just that. According to local news outlets, It was purchased by former insurance CEO and lifelong architecture fan Jim Benson, who serves on the board at the School of Architecture at Taliesin, formerly known as the Frank Lloyd Wright School of Architecture.

Benson plans to work with Bing Hu (who also sits on the school’s board) and Wenchin Shi on the restoration, which will include installing a copper roof as Wright had intended before his death in 1959.

The sellers “wanted nothing to do” with offers from buyers who had no intention of honoring the property’s legacy. “Their intention from day one when they purchased it back in 2012 was to make sure the home and it’s integrity would de be preserved as such a historic Frank Lloyd Wright masterpiece should and will be,” Robert Hassett, the Russ Lyon Sotheby’s International Realty listing agent, told AZ Big Media. Jason Mitchell of Jason Mitchell Real Estate worked with the buyer.

Located in Phoenix’s Arcadia neighborhood, the house has three bedrooms and spans 2,200 square feet. Its most iconic feature is its spiral shape, with coiling walls and a curving indoor ramp that leads from the bottom of the home to the top. The home is said to have been an early inspiration for New York City’s Guggenheim Museum, which is one of Wright’s most beloved and recognized works.

The home sits on six acres overlooking Camelback Mountain. It also includes Wright’s custom furniture — a fireplace, wooden tables and chairs, and a carpet using Wright’s “March Balloons” design. The outside also boasts a rooftop deck and a separate guesthouse.

Arguably the country’s most iconic architect, Wright designed hundreds of homes across the country throughout his lifetime. Today, they remain a huge commodity among both investors and architecture fans — last year, the Mayan-style Ennis House in Los Angeles was snapped up for $18 million.

Email Veronika Bondarenko

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription