The Razor Slices Off Another Price Cut
I found out about this one a little too late for our list of biggest price drops but The Razor, an architecturally splendid residence in La Jolla, California would definitely qualify, falling right in the middle of our list with a total drop of $14 million. The architect Wallace E. Cunningham has been deemed one of Architectural Digest's Top 100 Designers and this home is one of his landmark designs. The Razor in La Jolla, California is pleasing slice of concrete and glass positioned for ideal ocean views. When Architectural Digest published a piece about this property in 2008 the owner, Don Cooksey was quoted as saying: "I'll never have a collection better than that view."
The home offers a panorama of sea and sky revealed in a series of curved forms set into the cliffside. The soft angles keep the house from being simply another modern glass box. The 11,000-square-foot home has four bedrooms including a master suite with a large swoop of a fireplace. There is also a two level guest house and private access to Black's Beach. The home hit the market in 2008 for $39 million but is now listed at $25 million.
Gallery: The Razor