Richard Neutra’s renowned Case Study House #20, a mid-century modern masterpiece located in Pacific Palisades, California, has been listed for sale at $10.5 million. Originally built in 1948, this architectural gem was part of a groundbreaking initiative by Arts & Architecture magazine to create affordable yet architecturally significant homes.
Key Takeaways
- Case Study House #20, designed by Richard Neutra, is on the market for $10.5 million.
- The home was built in 1948 as part of the influential Case Study Houses program.
- The program aimed to make architecturally significant homes accessible and affordable.
A Piece of Architectural History
Case Study House #20 stands as a testament to the innovative spirit of mid-century modernism. Designed by the celebrated architect Richard Neutra, the house was part of the ambitious Case Study Houses program launched by Arts & Architecture magazine in 1945. This initiative challenged prominent architects of the era, including Neutra, Raphael Soriano, Craig Ellwood, and Ray Eames, to design and build modern, affordable homes that could serve as prototypes for post-war housing.
The Evolution of Value
The concept of affordability was central to the Case Study program, though prices naturally varied over time and by design. When Case Study House #20 was initially listed in 1947, its price was $19,600. For comparison, Case Study House #26, completed later in 1963, had a listing price of $70,000. More recently, Case Study House #16, which had been off the market for fifty years, was listed for $2.995 million, highlighting the significant appreciation of these architectural landmarks.
Neutra’s Vision in Pacific Palisades
Nestled in the desirable Pacific Palisades neighborhood, Case Study House #20 offers a unique opportunity for a buyer to own a piece of architectural history. Neutra’s design philosophy, characterized by its integration with the natural environment and its emphasis on clean lines and functional spaces, is evident throughout the home. The current listing price of $10.5 million reflects not only the architectural significance and historical context but also the enduring appeal and value of Neutra’s work in one of Los Angeles’ most sought-after locations.