Tom Petty’s longtime house in Malibu, California, has bought for $11.2 million. The rock legend had bought the home in 1998, and lived there till his demise on the age of 66 in 2017.
The sale got here following a collection of worth cuts after initially being listed for $19 million in 2024, then $15.5 million this previous July, and most lately $12.99 million. Regardless of the decrease sale worth, it marks a large improve from the $3.75 that Petty paid for it in 1998.
The 8,744 square-foot Mediterranean-style house is about on a 2.6 acre property, and boasts seven bedrooms and 10 bogs. A separate visitor home had been transformed into a private music studio by Petty, whereas different options embody a swimming pool and a basketball courtroom.
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In keeping with the Wall Avenue Journal, the house was bought by psychoanalyst and creator Stephen Slade Tien. It was bought by Myra Nourmand & Levi Freemen of Nourmand & Related Beverly Hills.
Sadly, Petty was discovered unresponsive on the home in October 2017, and later was pronounced useless on the UCLA Medical Middle in Santa Monica. His demise was dominated an unintentional overdose of fentanyl and different opioids.
Again in 2019, Petty’s lake home in Santa Monica bought for $4 million.
Pictures of the lately bought Malibu house could be seen under.
