Scarface $40M Mansion Realtor.com
Real Estate

Legendary ‘Scarface’ Mansion Hits the Market in Montecito for $40M

Step inside the legendary Scarface mansion, now on the market for $40M!

Kevin Khachatryan

The iconic mansion featured in the 1983 classic Scarface is now available for $39.995 million, offering a rare opportunity to own a piece of Hollywood history.

Known as "El Fureidis," which translates to "Tropical Paradise," this Mediterranean Revival estate sits on 10 acres in Montecito, California, blending luxurious living with cinematic stature. 

Built-in 1906 by renowned architect Bertram Goodhue for New York financier James Waldron Gillespie, the estate was inspired by Roman and Middle Eastern design influences. 

The main house spans 11,547 square feet and includes four bedrooms, nine bathrooms, and stunning features like a Byzantine-style conversation room, a 24-karat gold-leaf dining room ceiling, and a roof deck with panoramic views of the Pacific Ocean and Channel Islands.

A Closer Look Inside the $40M Montecito Mansion

The 10-acre property is a haven of outdoor luxury, featuring lush gardens, tranquil fountains, and a shimmering swimming pool. 

Two guest cottages add to the estate’s allure, offering additional accommodations with three more bedrooms. Every corner of the estate has been designed to provide an exquisite living experience.

El Fureidis is not just a home but a living piece of history. From its Hollywood legacy as Tony Montana’s opulent mansion in Scarface to its architectural brilliance, this $40M estate represents the pinnacle of luxury in Montecito. 

The remarkable dining room features a barrel-vaulted ceiling painted in 24-karat gold leaf. The ceiling's mural depicts Alexander the Great’s conquest of Persepolis. 

The creativity in the house design is remarkable and beautiful to witness in person. Each room offers unique character, seamlessly blending historic charm with modern comfort. The rooftop terrace provides panoramic views of the Pacific Ocean and the Channel Islands, offering a stunning retreat to relax or entertain guests.

Who Owned It Before?

Dining room

The current listing at $40M also reflects the estate’s significant appreciation over time. In 2015, entrepreneur Pradeep Yohanne Gupta purchased El Fureidis for $12.26 million. 

So, in almost 10 years, the price has doubled to around $12 million, the original price when Gupta purchased it in 2015. Gupta, a tech executive and investor, owned the property for nearly a decade, during which its attraction as a historic landmark and luxury estate grew.

Gupta listed the house in 2022, and it’s been on the market ever since, with the price remaining around $40 million. Because of how the house has been decorated and renovated since Gupta purchased it, the price will likely not change until a rich businessman or celebrity purchases the mansion.

Why the Value Has Skyrocketed

Fountains

The mansion’s cinematic legacy, architectural pedigree, and location in Montecito—one of California’s most affluent communities—are key drivers of its price. 

Montecito has long been a hotspot for luxury real estate, with its serene landscapes, celebrity residents, and proximity to the Pacific Ocean. 

El Fureidis stands out even among its neighbors due to its historical significance and timeless design, making it a crown jewel in the luxury market.

With its blend of Hollywood glamour, historic charm, and unmatched craftsmanship, El Fureidis is more than a home—it’s a rare piece of art and history, commanding a price worthy of its legacy.

Is Montecito the Next Celebrity Estate Hotspot?

Scarface $40M Mansion

Montecito has long been a haven for celebrities and affluent individuals thanks to its serene landscapes, ocean views, and exclusivity. 

The small coastal town is already home to A-listers like Oprah Winfrey, Ellen DeGeneres, Prince Harry and Meghan Markle.

As real estate prices in Beverly Hills and Malibu continue to climb, Montecito offers a quieter, more private alternative with a plentiful supply of luxury properties. 

What sets Montecito apart is its blend of historic estates like El Fureidis and modern, custom-built homes, catering to those seeking both prestige and tranquility. 

With its rich history, natural beauty, and increasing glamour among high-profile buyers, Montecito is solidifying its status as California’s next big celebrity estate enclave. 

Owning a property like El Fureidis only amplifies the town’s appeal, making it the ultimate destination for those seeking privacy, luxury, and star power.

Final Thoughts

El Fureidis isn’t just a home; it’s a landmark that bridges luxury, history, and Hollywood legacy. With its opulent design, sprawling 10-acre grounds, and unparalleled architectural details, the estate embodies the pinnacle of Montecito living. 

The $40M price tag reflects its rarity, offering potential buyers an extraordinary residence and a chance to own a piece of cinematic history. 

Whether as a luxurious private retreat or an iconic statement of taste and heritage, this mansion is a one-of-a-kind opportunity in the real estate market that will be a once-in-a-lifetime purchase for you. 

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