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Behind the Walls: The “Scarface” Mansion

Say “Hello” to my disappointing selling price.

The opulent mansion featured as Tony Montana’s Florida haven in Al Pacino’s Scarface recently sold, and the former owners of the Montecito, California property might be feeling the way Montana did in the final scene of Brian De Palma’s 1983 cult classic.

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“El Fureidis” has sold for $12.26 million—a fraction of its original asking price. The roughly 10-acre Montecito property went on the market in May of 2014 for $35 million, then had its price cut to $17.9 million. The seller was Russian-born financier Sergey Grishin, who purchased the home in 2008 for around $20 million.

The estate has four bedrooms on nearly 10,000 square feet. It was designed in the early 1900s by architect Bertram Goodhue, who was inspired by both Roman and Middle Eastern influences, including a  Byzantine-style “conversation room” with an 18-foot-high ceiling. There is a barrel dome ceiling painted in 24-karat gold leaf in the dining room and the surrounding grounds include Persian-style gardens and fountains coupled with multiple patio levels and reflecting pools.

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The buyer was Houston businessman Pradeep Yohanne Gupta, CEO of private investment bank IQ Holdings. Gupta was drawn to El Fureidis because of its history and architecture with its association to Scarface being merely “a data point.”

We just hope the current security is tighter than Tony Montana’s ended up being.