Friday, 23 December 2011

A villain’s bargain


The tale of an “architectural marvel” sold for a third of the original asking price

The sharp architectural lines of The Razor, San Diego

Today it has been revealed that an 11,000 square foot residence on the coast of California named The Razor has sold for just $14.1 million against an original asking price of $45 million.

The Razor's infinity pool and the Pacific Ocean beyond

Designed by Wallace E. Cunningham, who was named as one of the top one hundred designers in 2004 and 2007 by Architectural Digest and one of the top thirty designers in 2007 by the Robb Report, this spectacular modernist residence was constructed over 6 years above the Torrey Pines State Reserve through a 30ft excavation into it’s hilltop cliff setting and embedding into the bluff.

The Razor's setting above the Torrey Pines State Reserve and Black's Beach

Sculpture-like in appearance, here is a San Diego residence that has featured in Calvin Klein and Visa® Black Card adverts that would do James Bond proud. Effectively a glass pavilion within a polished concrete enclosure, Cunningham created the property, which is located at 9826 La Jolla Farms Way, in 2007 to the specification of a property developer named Jimmy Cooksey Jr. Never occupied to date, The Razor failed to sell at several auctions following Cooskey Jr.’s bankruptcy and this week a telecommunications tycoon and real estate investor named Donald A. Burns was able to snap it up for a third of the original asking price.

The living space at The Razor featured in  Visa® Black Card's 2011 advertising campaign

Entered through an 8 car subterranean garage, The Razor, which boasts private access to Black’s Beach below, the largest nudist beach in the United States, features a central courtyard, vast entertaining spaces with wrap-around views out over the Pacific Ocean, a circular movie theatre, 4 bedrooms, 8 bathrooms, a fitness suite, a rooftop terrace and a 60ft heated infinity pool.

The master suite of The Razor comes complete with panoramic Pacific Ocean views

Burns, who has also been linked to the apartment building in SoHo New York where Heath Ledger died, should be congratulated on his bargain but he'll certain need acres of curtains to protect his modesty from the nudists below and the help of an Oddjob like character to keep all that glass spick and span.

Toshiyuki "Harold" Sakata (1920 - 1982): Bond's "Oddjob"

Watch a video tour of The Razor, 9826 La Jolla Farms Way, San Diego, California, CA 92037 by Bob Hurwitz of Hurwitz James Company at: http://lxtv.com/openhousela/video/8901

Join a Facebook group dedicated to The Razor at: http://www.facebook.com/TPLTheRazor

Watch a Visa® Black Card commercial shot at The Razor at: http://www.youtube.com/watch?v=IXOQpwkuKVA&feature=player_embedded

Watch a Clavin Klein advert shot at The Razor at: http://www.youtube.com/watch?feature=player_embedded&v=gYzjKu9Hl-U

For more on the architecture practice of Wallace E. Cunningham go to: http://www.wallacecunningham.com

4 comments:

Jonas Jobs said...

It was NEVER worth $45 million in the first place. The market has dicated that it is worth just $14 million. That someone spent $34 million building it is just insane.

Chris S said...

Looks like a great party was had here for the launch of the Aston Martin V12 Zagata: http://www.thepinnaclelist.com/gallery/the-razor-9826-la-jolla-farms-way-san-diego-ca/aston-martin-v12-zagato-unveiling-event-photo-gallery-002/

Katy said...

If I won the lottery, I'd buy a house like this!!!!!!!! What a mighty fine crib but keeping it tidy would be bloody hard work. Oh..... I forget, I'd have staff.

Emma Grayson said...

This has to be the most amazing house ever. The man is lucky to have got it so cheap.