Skip to Content

The House From The Money Pit Is for Sale

The Long Island estate is being offered for $5.9 million.

By
The Money Pit Housepinterest
Daniel Gale Sotheby's

In 1986's The Money Pit, Walter Fielding Jr. (Tom Hanks) and his girlfriend Anna (Shelley Long) experience the ultimate fixer-upper catastrophe when a country home they purchase begins to fall down around them. Now the actual house from the movie is up for sale—and it's far from disastrous. Scroll down for a look inside.

Known as Northway, the eight-bedroom home is located in the village of Lattingtown.

The Money Pit House
Daniel Gale Sotheby's

Part of Oyster Bay, it's in Gatsby country along the famed Gold Coast of Long Island, about 40 miles east of Manhattan.

The exterior of the house was used for the Steven Spielberg-produced film.

The Money Pit Movie Still
Moviestore/Shutterstock

In reality, it was owned by sailor Eric Ridder, who won a gold medal at the 1952 Summer Olympics in Helsinki.

The Money Pit House
Daniel Gale Sotheby's
Advertisement - Continue Reading Below

Current owners Rich and Christina Makowsky paid $2.125 million for the house in 2002, according to public records.

The Money Pit House
Daniel Gale Sotheby's

Like the movie house, it needed work. "We didn’t realize how bad it was,” Rich Makowsky told the New York Times. "The house was falling apart when you went from room to room. We definitely could have done the sequel."

They reportedly spent millions renovating the property.

The Money Pit House
Daniel Gale Sotheby's

"It took four years of hard work by the best designers, decorators and contractors to turn it into a jewel box that script writers and set designers for The Money Pit could never have imagined," toptenrealestatedeals.com writes.

There are seven bedroom suites plus a four-bedroom master suite.

The Money Pit House
Daniel Gale Sotheby's
Advertisement - Continue Reading Below

An opulent dressing room features mirrored French doors.

The Money Pit House
Daniel Gale Sotheby's

The kitchen includes a ten-burner stove and a mahogany center island.

The Money Pit House
Daniel Gale Sotheby's

A "wine wall" holds about 80 bottles.

The Money Pit House
Daniel Gale Sotheby's
Advertisement - Continue Reading Below

There are eight fireplaces throughout the house.

The Money Pit House
Daniel Gale Sotheby's

The estate sits on 5.5 acres.

The Money Pit House
Daniel Gale Sotheby's

A brick staircase leads to a heated saltwater pool.

The Money Pit House
Daniel Gale Sotheby's
Advertisement - Continue Reading Below

For $5.9 million, it could be yours.

The Money Pit House
Daniel Gale Sotheby's
Headshot of Sam Dangremond
Sam Dangremond
Contributing Digital Editor

Sam Dangremond is a Contributing Digital Editor at Town & Country, where he covers men's style, cocktails, travel, and the social scene.

Watch Next
 
preview for Leisure Section Curated
Advertisement - Continue Reading Below

Real Estate

irene neuwirth in la quinta

Irene Neuwirth's California Animal House

los angeles house redesigned by oliver furth

Inside Oliver Furth's Redesign of a Bel Air Home

appleby castle

England's Historic Appleby Castle Is for Sale

Estate, Aerial photography, Property, Mansion, House, Hill station, Building, Rural area, Landscape, Château,

What You Need to Know About Sandringham

Advertisement - Continue Reading Below
Advertisement - Continue Reading Below