A round house in Phoenix, Arizona, built by legendary architect Frank Lloyd Wright, sold for $2.38 million in late December 2012, saving it from demolition. One of the architect’s later works, the historic 1952 structure prefigures the circular design of the Guggenheim Museum.
The house was almost lost. A development company, 8081 Meridien, bought the property for $1.8 million in June 2012, planning to subdivide the land, demolish the house, and replace it with two luxury homes. Interviewed by the New York Times a few months later, one of the firm’s two principals admitted that he had no idea of the structure’s significance, or even of the difference “between Frank Lloyd Wright and the Wright brothers.”