The four-bedroomed property in Highland Park, Illinois, has gone on the market with a price tag of $2.3 million. The 5,300-square-foot house's famous feature is its steel and glass "pavilion" that hangs over the ravine. In a climactic scene in the 1986 movie, Ferris's friend Cameron Frye, played by Alan Ruck, watches in horror as his father's rare Ferrari is catapulted through the pavilion's glass walls and plunges down the ravine.
The award-winning steel and glass home was designed by renowned architect A. James Speyer for the Ben Rose family in 1953, and the pavilion was added 20 years later.
Estate agent Meladee Hughes, from the firm Sudler Sotheby's International Realty which is listing the property, said it had already received several inquiries.
She said: "There's been a lot of interest in it already."
"It's a unique and stunning home. It's spectacular inside. It's like living in a tree house."
The pavilion contains a wall of memorabilia dedicated to the movie, including pictures taken during filming of Ruck and Matthew Broderick, who played Ferris.