Kaufmann House, Estate of the Day
Earlier this year, the Kaufmann House, in Palm Springs, California, a classic Richard Neutra home was part of Christie's Spring Contemporary Art Auction. It sold for $16.8 million including commission along with an additional plot of land adjacent to the property for $2.1 million. The Real Estalker reveals that the architectural classic is back on the market because the current owners are divorcing. The home is now listed at $12.9 million and is having a hard time finding buyers, not because of the house, which is exquisite, but because Palm Springs real estate is some of the hardest hit in California's real estate doldrums.
Reader Comments (Page 1 of 1)
Mike G. Nov 16th 2008 1:40AM
The House is back on the market because the potential buyer via Christie's allegedly misrepresented some portion of his eligibility, so the Seller's chose not to pursue. The current owner's were divorcing prior to the Christie's sale.
Deidre Woollard Nov 16th 2008 1:41AM
Ooo dishy, thanks for the intel, Mike G.