The “Ferris Bueller Home” in Highland Park has a new owner, taking five years and a price cut of more than $1 million to finally sell, Crain’s Chicago Business is reporting.
Remember the glass-walled carport through which (spoiler alert) Ferris’ friend Cameron sends his dad's cherry red Ferrari plunging into the ravine below? That’s the house.
The four-bedroom, 5,300-square-foot Rose House and Pavilion first went on the market in 2009 for $2.3 million. A year later, the price was dropped to $1.8 million. It came off the market for a time, before being listed again for $1.5 million in 2013.
The home sold Thursday for $1.06 million, Crain’s reports.
"This is a very special kind of property," Coldwell Banker's Meladee Hughes, the home's real estate agent, told Patch in 2011.
In addition to its prominence in film history, the home is known as the best work of A. James Speyer's, an architect, museum curator and Illinois Institute of Technology teacher, according to Landmarks Illinois.
The home is also an unusual estate because it involves the work of two architects: Speyer, who designed the home, and Speyer’s first graduate student David Haid, who designed the pavilion.
The buyers have not yet been identified, Crain’s reports.