After 74 years with one family, Frank Lloyd Wright home sells for $4m
Frank Lloyd Wright's historic Shavin House in Chattanooga, Tennessee, has sold for $4 million, more than double its original asking price. The property, a Usonian-style home, had remained in the same family for 74 years before being sold at auction.
Why it matters
The sale highlights the enduring market value of architectural heritage and the rare opportunity to acquire a verified Frank Lloyd Wright design.
Frank Lloyd Wright’s only residential design in Tennessee has sold for $4 million, more than twice its original asking price. The historic Shavin House in Chattanooga was listed for $1.6 million in late June before being sold at auction following a dispute among the children of the late owners.The winning bid for the property was selected by a judge, and the sale closed on Friday, according to local reports. The buyer’s identity was not immediately available in public records, although the Chattanooga Times Free Press reported that the purchasers are a couple from Nashville.Frank Lloyd Wright’s Shavin House sells for first timeThe sale marks the first time the Shavin House has changed ownership since it was completed in 1952.Seamour and Gerte Shavin commissioned Wright to design the home in 1949, a year after their wedding.
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