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SAN MIGUEL DE ALLENDE, Mexico—The historic UNESCO village of San Miguel de Allende has completed the sale of its only Ricardo Legorreta-designed home, a “Starchitect” listing priced at $4.5 million (USD). Local Berkshire Hathaway HomeServices broker Greg Gunter held the listing and announced the estate has sold to Mexican buyers at a close-to-asking price; the final sale price was not disclosed.
Gunter said the transaction is among the city’s top-five sales in history. Berkshire Hathaway HomeServices President Vince Lesiey said the sale reinforces the firm’s position in international luxury real estate.
Sellers James and Clare Kirkman, whose primary residence is in the U.K., said they marketed the property through major publications, noting it was featured in the Wall Street Journal and Elle Décor. They described the home as one of Legorreta’s last masterpieces before his death and said they are pleased the new owners value its heritage.
Gunter said the Legorreta home was the architect’s only estate internationally located within a UNESCO World Heritage zone. He also noted that the only other Legorreta estate on the market was the Hollywood producer Joel Silver’s home in Brentwood, California, which was last listed for $52 million (USD).
Gunter characterized San Miguel de Allende as an “affordable market” relative to luxury homes on U.S. coasts, particularly given the craftsmanship associated with the city’s Spanish Colonial architecture. He said his record sale was $6.7 million (USD), adding that the Legorreta home “would easily have been $30MM USD on the California coast.”
Gunter, who is an architect himself, described his role as more akin to a “docent than a Realtor,” saying he enjoyed explaining Legorreta’s distinctive design features to architectural enthusiasts. He said clients respond positively to his architectural background when viewing homes.
Gunter also said the city draws artistic clients ranging from Hollywood to New York.
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