Screen Icons: Money Pit's fixer-upper underwent its own renovation

We all know that fixer-uppers require huge commitment.

In 1986 film Money Pit, Tom Hanks’ character Walter Fielding Jr. got the shock of his life when he and his wife Anna Crowley (played by Shelley Long) struggled to repair a dilapidated home.

After a con artist sold them a house at a very low price, the home began to fall apart. Disastrous scenes saw the stairway collapse and the bath tub fall through the floor.

Just like the film’s characters, the owners of the Colonial mansion called Northway put the home through an extensive renovation prior to putting it on the market for $US12.5 million ($19.4 million) in 2014.

Located at 199 Feeks Lane in Lattingtown, New York, the 1898-built home was only used for front and rear exterior shots in the film. Interior scenes were shot at a studio.

According to the New York Times, the owners at the time spent one and a half years renovating the home with a crew of 30.

Just like the film, the owners said the home was falling apart and in need of serious TLC.

They transformed the eight-bedroom, 10-bathroom white clapboard property into an entertainer’s dream with luxurious finishes.

Plaster ceiling medallions, chandeliers, French doors, hand-carved balustrades and hardwood floors were all welcome additions.

Notable features of the property are also the saltwater pool, pool house and formal gardens.

The sprawling property last sold for $US3.5 million ($5.4 million) in October 2019.