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.

"Upstairs in the main area, there's a guest room, a guest bath and then, for our daughter, there's a dressing room, bedroom, sitting room, bath, all connected," she said.

The home has four bedrooms and four-and-a-half bathrooms.

Stephen Boatright is an endodontist, and Carla Boatright manages his office at 11700 Cantrell Road.

Max and Patricia Bobbitt bought a 7,000-SF home in west Little Rock's Hickory Pointe neighborhood in June.

The Bobbitts spent $1.8 million on the home.

Max Bobbitt is a former president and chief operating officer of Alltel Corp. When Bobbitt retired in 1995, he had an arrangement with Alltel that gave him $500,000 a year for the rest of his life. Bobbitt also is leading a shareholder lawsuit against Equity Media Holdings Corp. that was filed in 2006. A hearing on whether the case will be granted class-action status is scheduled for August.

Samuel and Amanda Carter bought their 5,645-SF home in west Little Rock's Chenal Valley neighborhood for $1.02 million.

They purchased the home from Amy and Scott Schuh in April 2007.

Sam Carter is regional manager for BBA Corp. of Little Rock, which sells textbooks to students.

The AEPM Trust, led by Kevin Lewis, bought a 6,724-SF home in west Little Rock's Chenal Valley neighborhood for $1.2 million.

Lewis is an attorney who practices in Searcy.

Lewis bought the home from George and Terry Rothwell.



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