Real LI

Buying and selling real estate in the communities of Long Island

'Money Pit' home comes on the market for $12.5M

As the star in the 1986 movie, "The

(Credit: Shawn Elliott Luxury Homes and Estates)

It may not be a money pit, but the Lattingtown mansion used in the 1986 Tom Hanks movie about a fixer-upper may set someone back $12.5 million. The eight-bedroom house, built in 1898 on 5.5 acres, just hit the market and luckily doesn’t need any renovations. The current homeowners did all the work after buying the home in 2002. 

Eric Ridder of the Knight-Ridder newspaper family owned...

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