November 19, 2015 5:49 pm

‘Scarface’ movie mansion finally sells after $23 million price drop

Al Pacino as Tony Montana in 'Scarface.'

Universal Pictures
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That’s quite the discount from its original asking price.

The fictional home of Al Pacino’s character (Tony Montana) in the 1983 film Scarface has sold after a price drop of almost US $23 million. The ridiculously opulent Montecito, California mansion spent a whopping 17 months on the market.

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Russian-born financier Sergey Grishin bought the estate for a reported $20 million in 2008, when U.S. housing prices went through a major crash. Thinking he could make a pretty penny, he waited until  2014 to put the Montecito home on the market at $35 million, but no buyers bit. Months later, he dropped the price by nearly half, to $17.9 million. It finally sold at $12.26 million, leaving Grishin over $7.7 million in the hole.

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Some features of the home include its Mediterranean decor and Persian gardens, which are home to several species of rare palm trees. The mansion has four bedrooms, nine bathrooms, a library, sitting room and a lounge. A large rooftop terrace provides 360-degree views of the Pacific Ocean, mountains and Channel Islands. It’s known locally as El Fureidis (tropical paradise).

Its best-known scenes were Tony’s wedding to the cocaine-addicted beauty queen Elvira (Michelle Pfeiffer in what was to be her breakout role), and Tony’s bloody last stand with his “little friend” (an M-16 assault rifle). Other than its Scarface fame, the mansion is most notable for being the wedding site for 54-year-old Charlie Chaplain and 18-year-old Oona O’Neill in 1943.

 

 

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