Who Pays $1 Million for a Home?

by Mark Friedman  on Monday, Jun. 23, 2008 12:00 am  

Sam and Sara Larimore discovered their $1.4 million "wow house" in west Little Rock's Chenal Circle neighborhood.

"Along with customer service that is second to none, all products are carefully selected to insure that their customers enjoy large profit margins," the company's Web site said.

One of the million-dollar homes sold in 2007 has been razed.

Crestwood Investments LLC, led by Robert Hardin, spent $1.17 million on a 3,737-SF home in Little Rock's Cliffewood neighborhood in March of last year. Crestwood bought the home from Mariann Harrington and Joe Prause.

Hardin is a North Little Rock attorney.

"As an attorney, I represent a lot of people, so don't assume [that I bought the house]," he said. Hardin wouldn't comment further.

But where the home once stood are now three lots, which are for sale.

In June 2007, Brad Canada bought a $1.2 million condominium in The Residences at Building 5 in downtown Little Rock.

Canada is vice president of the Bank of England and a partner in the condominium project with his father, Gary Canada, who is president of the Bank of England.

Brad Canada had said one of the condo's selling points is that it overlooks the Arkansas River and Dickey-Stephens Park in North Little Rock.

"For me, my location is great with the river view - I'm right on the river," Canada told Arkansas Business in 2005. "They're not going to build in front of it."

In November, Carla and Dr. Stephen Boatright bought the Susan G. Komen Build for the Cure Idea House for $1.6 million.

The 5,891-SF home in west Little Rock's Bella Rosa Estates neighborhood is two floors and features a Spanish colonial style, Carla Boatright said.



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