Property Sale Information

The Louis Penfield House, designed by Frank Lloyd Wright in 1955, is being offered for sale by the original family. The 30 acre property also contains the last original building site for Wright’s final residential commission called Riverrock. It was designed for the Penfields in 1959 and remains unbuilt. The plans are included in the sale.

The original house was placed on the National Register of Historic Places in 2003 (no. 96001622). This completely restored Usonian home features a floating staircase and a 12’ floor-to-ceiling glass walled living room; offering a panoramic view of the distant bluffs of the Chagrin River. The house is constructed of heavily textured concrete block with deeply raked horizontal mortar. The house is 1800 sq. ft. with three bedrooms and one and one-half baths. All of the Wright-designed furniture is included. The fully functioning radiant-floor heating system is fueled directly by one of two natural gas wells located on the property. There are no heating costs for the house.

The home is privately situated on heavily wooded acreage with approximately 600’ of river frontage. The property is enrolled in the American Tree Farm System. Cherry and black walnut hardwood harvested from the property provided materials for the restoration of the interior. Lake Metroparks Gully Brook Park is located across the street from the property and consists of 178 acres of protected forest, creeks and hiking trails.

Penfield House has operated as a vacation rental since 2003. It is being offered for sale as either a private residence or an ongoing tourist destination. The covers of This Old House magazine and Ohio Magazine have featured the house. It was voted by Lonely Planet as the number one Romantic Getaway in America and has received a 5 star rating from Trip Advisor. Since opening to the public, the occupancy rate has averaged over 285 nights per year with increasing reservations annually. Numerous publications and books have featured the Penfield House; notably, the Alan Hess/Alan Weintraub acclaimed coffee table book, “Frank Lloyd Wright: The Houses” which features the living room interior as its frontispiece.

Two other income-producing houses are located on the parcel, a historic century home containing two rental units and a charming cottage; both are currently tenant-occupied. The asking price for the three houses, the last original building site, the plans for Wright’s last house, the gas wells and approximately 30 acres is $1.7 million.

Reference Sheet

Price: $1.7 million

Location: Willoughby Hills, Ohio

Total Acres: 29.12 acres

Street Frontage: Approximately 350’

River Frontage: Approximately 1200’ along the Chagrin River

Taxes Per Year: $9,280

Total Number of Buildings: Three

   1. Frank Lloyd Wright’s Penfield House

      - 1800 sf Usonian home, 3 bedrooms, 1.5 baths

   2. Century Farmhouse (duplex rental), built 1867

      - Upstairs Unit - 3 bedrooms, 1 bath

      - Downstairs Unit - 2 bedrooms, 2 full baths

   3. Cottage (rental), built circa 1940

      - 1 bedroom, 1 bath, 2 lofts, 800 sf

Parcels - 2:

  • Parcel A - 18.45 acres
  • Parcel B - 10.67 acres (vacant lot /Riverrock building site)

Heating: Gas from 2 wells and East Ohio Gas. Alliance Petroleum has a commercial gas well on the property. There are no heating costs for Penfield House.

Electricity: First Energy

Septic Systems: 3 – separate for each house

 

Property Sale Information

The Louis Penfield House, designed by Frank Lloyd Wright in 1955, is being offered for sale by the original family. The 30 acre property also contains the last original building site for Wright’s final residential commission called Riverrock. It was designed for the Penfields in 1959 and remains unbuilt. The plans are included in the sale.

The original house was placed on the National Register of Historic Places in 2003 (no. 96001622). This completely restored Usonian home features a floating staircase and a 12’ floor-to-ceiling glass walled living room; offering a panoramic view of the distant bluffs of the Chagrin River. The house is constructed of heavily textured concrete block with deeply raked horizontal mortar. The house is 1800 sq. ft. with three bedrooms and one and one-half baths. All of the Wright-designed furniture is included. The fully functioning radiant-floor heating system is fueled directly by one of two natural gas wells located on the property. There are no heating costs for the house.

The home is privately situated on heavily wooded acreage with approximately 600’ of river frontage. The property is enrolled in the American Tree Farm System. Cherry and black walnut hardwood harvested from the property provided materials for the restoration of the interior. Lake Metroparks Gully Brook Park is located across the street from the property and consists of 178 acres of protected forest, creeks and hiking trails.

Penfield House has operated as a vacation rental since 2003. It is being offered for sale as either a private residence or an ongoing tourist destination. The covers of This Old House magazine and Ohio Magazine have featured the house. It was voted by Lonely Planet as the number one Romantic Getaway in America and has received a 5 star rating from Trip Advisor. Since opening to the public, the occupancy rate has averaged over 285 nights per year with increasing reservations annually. Numerous publications and books have featured the Penfield House; notably, the Alan Hess/Alan Weintraub acclaimed coffee table book, “Frank Lloyd Wright: The Houses” which features the living room interior as its frontispiece.

Two other income-producing houses are located on the parcel, a historic century home containing two rental units and a charming cottage; both are currently tenant-occupied. The asking price for the three houses, the last original building site, the plans for Wright’s last house, the gas wells and approximately 30 acres is $1.7 million.

Reference Sheet

Price: $1.7 million

Location: Willoughby Hills, Ohio

Total Acres: 29.12 acres

Street Frontage: Approximately 350’

River Frontage: Approximately 1200’ along the Chagrin River

Taxes Per Year: $9,280

Total Number of Buildings: Three

   1. Frank Lloyd Wright’s Penfield House

      - 1800 sf Usonian home, 3 bedrooms, 1.5 baths

   2. Century Farmhouse (duplex rental), built 1867

      - Upstairs Unit - 3 bedrooms, 1 bath

      - Downstairs Unit - 2 bedrooms, 2 full baths

   3. Cottage (rental), built circa 1940

      - 1 bedroom, 1 bath, 2 lofts, 800 sf

Parcels - 2:

  • Parcel A - 18.45 acres
  • Parcel B - 10.67 acres (vacant lot /Riverrock building site)

Heating: Gas from 2 wells and East Ohio Gas. Alliance Petroleum has a commercial gas well on the property. There are no heating costs for Penfield House.

Electricity: First Energy

Septic Systems: 3 – separate for each house