The House From 'The Money Pit' Is Now Worth $5.9 Million

Ever fancied living in that palatial house that Tom Hanks and Shelley Long struggle to fix up in "The Money Pit"? It could be yours... for $5.9 million.

That's significantly down from its $12.5 million asking price in 2014, when it was last on the market.

The house was used for exterior shots in the 1986 comedy, so it never actually had a tub crash through the bathroom floor. Or a raccoon in the dumbwaiter, as far as we know. All those interior scenes were filmed on a soundstage.

The estate, known as "Northway," is located on Long Island and was built in 1898. It has 23 rooms, eight fireplaces, a six-car garage, a pool, and formal gardens on its 5.5-acre property, according to the Sotheby's listing.

The couple who purchased the house in 2002 said the movie wasn't that far off from the real thing, however. "The house was falling apart when you went from room to room," they told The New York Times in 2014. "We definitely could have done the sequel."

Per the 2014 Zillow listing, those owners spent "spent close to $10 million" renovating every inch of the house, spending $2 million on the landscaping alone.

Enjoy this Sotheby's video tour of the estate, which is a far cry from the chaos of the movie version.

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