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Montecito's Scarface Mansion Finally Sells at Huge Discount

Originally listed for $35 million, the 10,000-square-foot Montecito mansion that played Tony Montana's Miami palace in the 1983 Scarface has finally sold for just a little more than a third of that price. Spread out over nearly 10 acres, the four-bedroom El Fureidis ("Little Paradise") mixes "Roman and Middle Eastern influences" and includes lavish features like a dining room with a barrel ceiling painted in 24-carat gold. Those influences extend to the grounds, which include "Persian-style" gardens. The 1906 house was designed by Bertram Goodhue (who also designed the LA Public Library's Central branch Downtown), and served as a wedding venue for Charlie Chaplin and Oona O'Neill.

The estate's original price was knocked down to $17.8 million this past spring; one of the listing agents tells the Wall Street Journal that it was "overpriced" the first time it hit the market and that its actual sale price—$12.26 million—"reflects its value." The Russian billionaire who sold the place will hand it over to a Houston-based investment banker who's going to be using it as his West Coast house.

· 'Scarface' Estate Sells for a Fraction of Its Original Asking Price [WSJ]
· Buy the House Where Scarface Was Filmed for $35MM [Curbed LA]