The home at 13474 Edgewater Drive that’s made lots of headlines during the past few years is back on the market.
And the price has gone up.
That’s after homeowners had to wage an arduous battle to keep it off the city’s list of historic landmarks.
The home, built in 1912, was listed on the market this week for $1,599,000. Michael and Stacey Semaan bought the home for $750,000 in June 2011.
They’d hoped to demolish the property to build their $2 million “dream house” along the lake. That effort was stalled when neighbors introduced a measure — against the Semaans’ wishes — to make the property a historic landmark under the city’s ordinance.
The planning commission denied the neighbors’ request, and then the Semaans listed the property for sale.
“They have been put through the ringer on this and they really just want to sell,” said Mark Reinhold, the architect who was planning to design the Semaans’ home, adding that there are “no hard feelings about the neighbors, or the location or Lakewood.”
“Sometimes, dreams change and I would imagine after two years they just want to move on.”
In 2011, the 2.6-acre property was eyed for a 14-home development, and a proposal to demolish the $1 million home was scrapped.
City officials told the developers at Abode Living that — under the zoning code — there could be no more than a dozen single-story homes built on the property.
The four-bedroom, five-bath home — with a soaring foyer, grand staircase, formal dining room overlooking a reflection pond, cherry floors and a carriage house — had been vacant for years.