Hot Property: Frank Lloyd Wright landmark is on the MLS at $15 million
The Frank Lloyd Wright-designed Ennis House in Los Feliz has landed on the Multiple Listing Service at $15 million.
The 1924 concrete-block structure has four bedrooms and 4 1/2 bathrooms in about 6,000 square feet. The Mayan-inspired California landmark -- it is a state landmark and listed on the National Register of Historic Places -- sits on about three-quarters of an acre with city, canyon and ocean views.
The seller is the Ennis House Foundation, a nonprofit that has spent about $6.5 million to restore the earthquake- and water-damaged estate. The house "needs more stewardship at this point than a small nonprofit can sustain," the foundation states on its website.
It is estimated it will take an additional$5 million to $7 million complete the restoration. Deep pockets, anyone?
-- Lauren Beale
Thoughts? Comments?
Photo: Architectural details include high, wood-beamed ceilings, art-glass windows, a window-lined loggia looking onto the pool, and a glass mosaic-tile fireplace in the living room. More photos are at latimes.com. Credit: Kirk McKoy / Los Angeles Times
Joel Silver is a big FLW nut. He has the $ to get this into play.
Posted by: Wendy | July 02, 2009 at 06:05 PM
That's the thing about all of Frank Lloyd Wrights houses, they may be beautiful, but they were not well designed. And so they all have problems, water damage, sinking etc.
Posted by: js | July 02, 2009 at 07:17 PM
5 to 7 million to complete the restoration??? That is truly comical! The real figure, taking into account the easement that is in place, would make that number many times that. And that is counting the 6.5 that they have already in place. As much as a masterpiece that the Ennis Brown is, it is an engineering nightmare, given that the original concrete blocks are literally crumbling away. This is a VERY DEEP money pit.
Posted by: Hangemhigh | July 02, 2009 at 07:34 PM
This is one hot property I actually care about.
Can we try and keep up with this one?
Who can afford to take care of it in this market?
I'll need to know.
Posted by: xtine | July 02, 2009 at 10:44 PM
Last 5 articles, 3 blog entries. This blog is DEAD. Maybe b/c noone cares about H-wood garbage. Pretty amazing to have barely any interest in LAT RE blogs since LA was in the midst of the bubble and is the second largest city in the country. OC blog much more interesting and active.
Posted by: SoCalJim | July 03, 2009 at 10:12 AM
Nice! A property deserving of the title "Hot Property." Keep these kind of posts coming.
Posted by: swinla | July 03, 2009 at 11:43 AM
Now this property is interesting.
Stop with the obscure "celebrity" postings. If you must, how about porn stars?
Posted by: JamesW | July 03, 2009 at 10:59 PM