Tom Petty’s Longtime SoCal Home Just Popped Up for Sale at $19 Million

Hoping to run down that dream of owning a musically pedigreed SoCal home? Spare yourself a breakdown, because Tom Petty’s longtime main digs nestled within a gated enclave high above Malibu’s Pacific Coast Highway are yours for the taking! All you need is a cool $19 million, and you can happily claim the coveted keys to the legendary musician’s Mediterranean-style estate—barring a bidding war, of course.

Before his death in 2017 at age 66, Petty paid $3.75 million and change in spring 1998 for the place, which includes a main home, a separate guesthouse, and another structure that served as a recording studio—for a total of seven bedrooms and 10 baths in roughly 10,000 square feet of living space.

More from Robb Report

Tom Petty House Malibu
The creamy stucco and terracotta-roof home is accessed via a portico entryway.

Originally built in the 1940s and retaining some of its original details, the gated structure rests on a 2.6-acre parcel and offers sweeping coastline views. The compound is “filled with love and musical creativity,” per the listing, which is held by Pamela Van Ierland with the Malibu office of Coldwell Banker Realty.

As for the primary dwelling, the interiors are adorned throughout with dark hardwood floors, limestone accents, vintage light fixtures, and Spanish-tiled baths. Highlights include a spacious great room displaying a grand fireplace topped by hand-carved skylight covers (a personal touch from Petty). Also standing out is a gourmet kitchen with skylights, a central island, and an adjoining butler’s pantry, as well as a fireside dining room that seats up to 16, a wood-paneled library/TV area, and a music room where the rocker composed many of his popular tunes.

Tom Petty House Malibu
The lush grounds are spotlighted by a pool and spa.

RELATED: One of L.A.’s ‘Most Interesting’ Estates Lists for $15 Million

Elsewhere are a gym and a massage/yoga room, along with a sumptuous primary suite that sports a fireplace, French doors spilling out to a fountain-clad patio, a large walk-in closet, and a luxe bath equipped with a vanity station and another fireplace. Three more en-suite guest bedrooms open to a courtyard holding a seating area and a “dedicated study zone,” per marketing materials, with the lush grounds also hosting a pool and spa surrounded by a sundeck.

In addition to the for-sale home, Petty’s estate still lays claim to a modest Pacific Palisades house. His oceanfront Malibu beach house swiftly sold to Canadian hotel mogul Salim Sayanin in early 2023 for nearly $10.3 million, or $400,000, over the asking price; and late last year, the musician’s widow, Dana York, paid $6.6 million for a revamped 1920s Spanish Colonial Revival-style home in L.A.’s Holmby Hills neighborhood.

Best of Robb Report

Sign up for Robb Report's Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.

Click here to read the full article.