The Chicago house featured in the 1990 comedy Home Alone has been sold for $1.58m (£1m).

With 14 rooms, three storeys and a location in Winnetka, a sought-after village 16 miles north of the Windy City and just minutes from Lake Michigan, the property's owners had hoped to sell it for $2.4m (£1.53m) when the house went on the market 10 months ago. However, they settled on Thursday for the substantially lower price. The buyer has not been identified.

The redbrick colonial-style building featured extensively in the blockbuster movie in which Macaulay Culkin's plucky eight-year-old fends off bungling burglars after being accidentally left behind when his family heads off on a Christmas holiday. The script was written by the late John Hughes (The Breakfast Club, Ferris Bueller's Day Off), while Chris Columbus took the director's chair. Joe Pesci and Daniel Stern played the hapless interlopers who lose a battle of wits with young Kevin McCallister.

According to the Chicago Sun-Times, the house was sold by John and Cynthia Abendshien, who had owned it since the late 80s. During the six-month shoot, the couple camped out in the four-room master suite while the rest of the 4,250 sq ft property was used for filming.

Estate agents described the house as a "classic residence [that] offers timeless and inspired family living". Marissa Hopkins told AOL Real Estate: "It's a beautiful home with a lot of space and a warm feel. [Hughes] liked to have real homes as his stage."

In other film-related news, nearly three dozen posters from the Golden Age of Hollywood found in a Pennsylvania attic are expected to fetch $250,000 (£160,000) at auction in Texas later this month. The collection includes extremely rare 1931 posters for The Public Enemy, Cimarron, The Front Page and Little Caesar, some of which have never been seen before.