Thursday, May 15, 2014

Pick Up Stick: El Fureidis

El Fureidis, the architecturally multi-cultural villa in Montecito, CA, originally designed by architect Bertram Grosvenor Goodhue for New York banker James Waldron Gillespe that was featured in the magnificent and magnificently violent Al Pacino movie Scarface, was hoisted on the open market last week with a $35 million asking price.

Our perusal of property records show the 10.39 acre estate is currently owned by a corporate entity directly connected to Russian-born and U.S. naturalized billionaire businessman Sergey Grishin who picked it up in October 2009 for just $6,230,000. The mansion has four bedrooms and four full and five half bathrooms in almost 10,000 square feet. Mister Grishin extensively restored and remodeled the mansion and in 2012 it popped up for rent at $30,000 per month.

The listing agent told to the Wall Street Journal that Mister Grishin wants to sell the painstakingly maintained El Fureidis because the estate "isn't his primary residence he isn't using it as much as he would like."

listing photos: Village Properties

11 comments:

Anonymous said...

Looks like a Versace exploded

Sandpiper said...

One in a small handful of the most magnificent properties Mama has ever showcased, bar none. Wow.

http://www.montecitoparadise.com/

Anonymous said...

Has been up for sale for quite some time now

Anonymous said...

He'll probably have more luck selling to a fellow Russian of the Jewish persuasion at that price.

Anonymous said...

iewh, what are those bars i see in picture #11 in one of mama's links?

Anonymous said...

Could one have imagined that Russian plutocrat bad taste could obscure and suppress so much Goodhue genius? At least it's reversible. The Byzantine conversation room is especially remarkable.

Anonymous said...

At 30K a month, your rent would be less than annual real estate taxes at 35 million!

Anonymous said...

Anonymous said...

Looks like a Versace exploded

May 15, 2014 at 3:25 PM
-----------

Brilliant!

JayBoy said...

http://www.montecitoparadise.com/

It has one of the best property tour websites I have ever seen. I'm spoiled now and think all agents should do things like that for expensive listings. I'm in awe

Anonymous said...

Speaking of Montecito, did the Rob Lowe house ever sell? Why would someone that could afford this, when they can buy that for a bit (in millionaire equivalency) more???

Anonymous said...

@4:46, thanks for the link, but it was already provided up at the top of these comments.