- Associated Press - Wednesday, May 20, 2015

OWATONNA, Minn. (AP) - A Minnesota guesthouse designed by architect Frank Gehry that was once valued at $4.5 million has sold for $905,000 at auction in Chicago.

The Star Tribune (https://strib.mn/1AelvTd ) reports the Winton Guest House was estimated to sell for as much as $1.5 million Tuesday. An auctioneer declared the building sold to an unidentified telephone bidder for $750,000, plus fees, after less than five minutes of bidding.

The guesthouse currently sits in a field outside Owatonna (oh-wuh-TAHN’-uh). It was sold by the University of St. Thomas, which moved the house from its original location overlooking Lake Minnetonka after acquiring it as a gift in 2007. It was designed by Gehry for Twin Cities art patrons Mike and Penny Winton.

The new owner, who is from outside Minnesota, has to move the house.


Information from: Star Tribune, https://www.startribune.com



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