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

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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