‘The Money Pit’ House Really Was a Money Pit!

Posted: December 13, 2019 | Source: www.realtor.com

The 14,000-square-foot Long Island home that was used as the model for the The Money Pit house movie turned out to be an actual money pit. New owners pumped about $6 million into restorations on top of the $2.1 million they originally paid for the home. It recently sold for only $3.5 million. The 1986 mega-hit starred Tom Hanks and Shellie Long.