Frank Lloyd Wright-Designed Home Listed at Lower Price – NMP Skip to main content

Frank Lloyd Wright-Designed Home Listed at Lower Price

Sep 08, 2017
An Ohio residence designed by legendary architect Frank Lloyd Wright is now on the market, albeit at a lower listing price

An Ohio residence designed by legendary architect Frank Lloyd Wright is now on the market, albeit at a lower listing price.
 
According to a Realtor.com report, the Wright-designed home in Willoughby Hills, Ohio (a town of 9,400 that is roughly 30 minutes northeast of Cleveland) was initially listed for $1.7 million in 2014, but was removed without selling and is now back at a $1.3 million price. The three-bedroom, one-bath property was built in 1955 for artist Louis Penfield, whose family has been renting the Usonian-style home and is now selling the residence—which includes the original furniture designed by Wright. There is one change from the original construction: the bathroom shower has been enlarged and updated for a more contemporary style.
 
Also included in the sale are the designs for Riverrock, a proposed Wright home that was never constructed. 

 
About the author
Published
Sep 08, 2017
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026
First Major Housing Reform In Decades Becomes Law Without Trump's Signature

Bipartisan ROAD to Housing Act advances supply, construction, and mortgage reforms despite White House protest

Jul 10, 2026
Mortgage Star Conference Honors Women Shaping The Future Of Mortgage Leadership

MWLC honors leaders driving innovation, mentorship, and growth across the mortgage industry

Jul 09, 2026
June Jobs Report Improves Mortgage Rate Outlook

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

Jul 02, 2026
NEXA Founder Mike Kortas Launches evoLend To Help Originators Retain Borrowers

New Fannie Mae-, Freddie Mac- and Ginnie Mae-approved mortgage servicer aims to keep originators connected to borrowers through servicing data, payoff visibility and retention tools

Jul 02, 2026