Saturday, January 22, 2011

Sleeper house sold at foreclosure auction

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Sleeper house sold at foreclosure auction


The house is located in the foothills just outside Denver, Colorado.
It was designed by self-taught architect Charles Deaton and completed
in 1966, but Deaton never lived in it. Woody Allen leased it out in May
1973 to serve as the home of earnestly pretentious poet and greeting
card composer Luna Schlosser (played by Diane Keaton). In 1991,
Deaton sold the quirky pad to California investor Larry Polhill
for $800,000. At first Polhill was an enthusiastic owner, but he quickly
lost interest and the place fell into disrepair. In 1999—after sitting
vacant for years with broken windows and desert creatures taking
up residence in its cozy curves—Polhill sold it to John Huggins,
Denver’s director of economic development and a former streaming
media honcho, for about $1.3 million.









Huggins spent several million dollars on renovations, which included
a 5,000 square foot addition, based on plans drawn up by Deaton.
Huggins then put it on the market in 2002 for $10 million. When it
wasn’t snatched up, he sold off 10 acres and re-listed it for $4.85 million.









After four years on the market, a vacation entrepreneur
and time-share reseller named Michael Dunahay finally bought
it for $3.45 million…and actually moved in.

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