The 1880s-era adobe building in Barrio Viejo was in bad shape when writer Kathe Lison set out to restore it four years ago. Her friends thought she was out of her mind, but Lison saw potential in the solidly built structure, despite its crumbling brown walls, lack of electricity and minimal plumbing.
鈥淢ost people looking at it did the numbers and went, 鈥楴o way,鈥 鈥 said Lison, 46. 鈥淲e looked at the numbers and said, 鈥榃e love it, and we鈥檙e going to do it anyway.鈥 鈥
She laughed. 鈥淗ow are you going to know in advance that Diane Keaton is going to show up and want to buy your house?鈥
Turns out that鈥檚 what happened: Lison and husband Chris Cokinos first heard Keaton, 72 鈥 a prolific house-flipper in addition to being an Oscar-winning actress 鈥 was looking to buy in downtown 蜜柚直播 about 18 months before they reached out to her last summer. Keaton came to tour the home in the spring, she said.
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The sale closed in early April for $1.5 million, an eye-popping number for the historic neighborhood, according to records filed with the Pima County Recorder鈥檚 Office. Keaton paid cash, records show.
On 鈥 Keaton mentioned her purchase of the four-bedroom home, telling the show鈥檚 host, 鈥溍坭种辈 is underappreciated.鈥
On the property鈥檚 affidavit of property value, Keaton described the use for the property as a 鈥渘on-primary or secondary residence.鈥 She told Kimmel she doesn鈥檛 plan to live there and hopes to find a buyer.
Lison and Cokinos, who both moved to 蜜柚直播 from Utah in 2011, bought the 4,572-square-foot building for $330,000 in 2014. The previous owners, the Mesch Clark and Rothschild law firm, had purchased it soon before the housing market crash, Lison said. It had been vacant for nearly a decade when Lison and Cokinos took over.
The couple almost opted not to sell the place, rejecting Keaton鈥檚 first offer. Lison said she was torn between her deep love for the structure in which she鈥檇 invested so much, and her complete exhaustion following two years of single-mindedly working to restore it.
鈥淭he whole process was very fraught for us. One day we鈥檇 hope it would sell, the next day we鈥檇 hope it would fall through,鈥 Lison said. Ultimately, 鈥渨e just said (to Keaton鈥檚 representative), 鈥楾his is what we鈥檙e willing to sell it for and if you don鈥檛 want to buy it for that, great, see you later.鈥 鈥
That offer ended up being the sale price of $1.5 million, or about $328 per square foot.
That blows away the average per-square-foot sale price for a Barrio Viejo home more than 2,000 square feet, which is about $244, said Tika Kelley, a realtor with Realty Executives 蜜柚直播 Elite.
鈥淭here鈥檚 something very special happening in terms of downtown real estate. There鈥檚 a great demand for older houses, and there are so few adobes available,鈥 she said. 鈥淥bviously Ms. Keaton was able to see the charm and to recognize the historic value. She found a diamond in the rough.鈥
Downtown 蜜柚直播 is undergoing a revitalization, which is also bringing increased attention to the issue of gentrification, especially in the historically Mexican-American Barrio Viejo neighborhood. Nearly 80 acres there were leveled 50 years ago to make way for the 蜜柚直播 Convention Center complex.
Lison said the home was on the verge of being condemned before she restored it. But she鈥檚 aware of the problematic notion of celebrating 鈥淎nglos who come in and 鈥榮ave鈥 places in the barrio,鈥 Lison said.
Still, she said, without her investment, the building would likely today be 鈥渄isintegrating back to the earth from which it came. 鈥 I am so happy to have been able to do what we did with that property.鈥
Lison referenced the work of 蜜柚直播 scholar and author Lydia Otero, whose 2010 book 鈥淟a Calle: Spatial Conflicts and Urban Renewal in a Southwest City鈥 discusses an urban renewal project in the 1960s which decimated the low-income 蜜柚直播 neighborhood, with little input from the residents who lived there.
Historically, 鈥渢his was the most densely populated area in the city of 蜜柚直播,鈥 Otero said in a 2016 C-SPAN interview. 鈥淚t was also the area that housed the largest population of people of color,鈥 including African-Americans, Chinese-Americans and Mexican-Americans, she said. 鈥淭here (was) a racialized agenda going on in this project. 鈥 It鈥檚 almost like the city intentionally deprived this area of services in order to justify its demolition.鈥
Adobe structures were stigmatized in the 1960s but today, 鈥渁dobe is cool,鈥 Otero said. 鈥淧er square footage, these homes are the most expensive real estate in 蜜柚直播, more expensive than places in the Foothills.鈥
Keaton was 鈥済racious鈥 and striking, wearing her glasses and 4-inch heels, when she came to visit the property, Lison said.
鈥淪he鈥檚 renowned for her style and her sense of architecture,鈥 Lison said. 鈥淭he house is my child. I couldn鈥檛 have parted with it to just anyone. 鈥 It sort of feels like handing off the baton a bit. She鈥檚 going to be able to take that house and do even more amazing things with it.鈥