- 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.

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

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