By Philip Haldiman
The Arizona Republic
An anonymous buyer has purchased a Phoenix home designed by Frank Lloyd Wright with the aim of preserving an architectural gem that, until last week, was threatened with demolition.
Steve Sells, a principal with 8081 Meridian, which owns the house, confirmed Wednesday that it had been sold to a buyer who wishes to remain anonymous, but intends to preserve the structure.
The deal, now in escrow, comes a week before the Phoenix City Council was scheduled to vote on historic designation for the home, a valuable piece of the iconic architect’s Arizona legacy.
The house, in the Arcadia area of east Phoenix near 56th Street and Camelback Road, sold for about $2.38 million, the price it was listed for when it appeared on the multiple-listing service last week, Sells said.