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Thursday, 15 May 2014

Pick Up Stick: El Fureidis

Posted on 14:42 by alok
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
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