One of Prairie master Frank Lloyd Wright's Usonian houses, the Kenneth and Phyllis Laurent Residence, is set to hit the block at Chicago's Wright auction house on Wednesday, December 15. The house is located in Rockford, Ill., some two hours west of Chicago, and has an estimated hammer price of $500K-$700K. Even if it achieves the upper end of that range, the house will be selling for far less than the previous asking price of $875K. That said, with the addition of a hefty 20% buyer's premium, the auction winner may have been better off making a pre-sale auction. Now, as for the house itself, it does have several unique selling points, like the fact that the house was built to be wheelchair accessible—a rarity for Wright—comes with the original furnishings, and that it's still occupied by the original owners. Completed in 1952, the 2,500-square-foot home features three beds, two baths, and sits on a treed, 1.3-acre lot.
· The Kenneth Laurent House and Furnishings by Frank Lloyd Wright [Wright via *wallpaper]